Associate, Retail Asset Management

Maximize the value of the organization's real estate portfolio through managing, leasing, development, and dispositions of diversified, domestic real estate investments. This role oversees financial, operational, leasing, and capital matters for a real estate portfolio in a highly collaborative environment.

Responsibilities

• Gather, organize, synthesize, and review data to evaluate real estate assets, conduct financial modeling, and project cash flows.
• Develop, monitor, analyze, and adjust annual business plans, operating and capital budgets, cash flow projections, and future leasing assumptions; track performance against approved budgets.
• Conduct and review underwriting analyses to support project decision-making; collaborate with the asset management acquisition team on due diligence, property underwriting assumptions, and investment strategies.
• Support senior real estate asset management team with negotiating and managing leases, joint venture documents, and loan documents.
• Prepare and review information for internal and external clients to assist with real estate and property asset reporting, including presenting property activities and financial results to investors, and competitive positioning reports to senior management.
• Evaluate real estate and property asset investments based on discounted cash flows and return on cost; maintain knowledge of fund investment strategies and execute them with the team.
• Conduct quarterly reforecasts and annual sell/hold assessments; support presentation of recommendations to portfolio management and third-party investors.
• Coordinate with internal and third-party property appraisers quarterly.
• Assist with asset management-related data projects and initiatives for the retail sector.
• Support the development of external relationships with key market participants, investment sales, leasing brokers, and lenders.

Requirements

• University degree preferred.
• 2+ years of real estate asset management experience required; 3+ years preferred.
• Retail experience preferred.
• Sedentary work environment.

Skills

• Construction Management
• Due Diligence
• Financial Acumen
• Financial Analysis
• Financial Risk Management
• Financial Statements
• Market/Industry Dynamics
• Organizational Savviness
• Real Estate Investments
• Real Estate Property Management

About the Company

For over 100 years, TIAA has delivered secure retirement solutions for millions. As a market-leading retirement company with world-class asset management, TIAA is committed to fighting for clients' financial well-being. The organization fosters a collaborative, in-office culture where teams work across boundaries to drive innovation and meaningful results. TIAA and Nuveen combine entrepreneurial spirit with a shared purpose to create lasting impact, offering associates growth through learning experiences and development pathways.

Benefits

The organization offers a comprehensive Total Rewards package designed to support associates' physical, emotional, and financial well-being, including:

• A superior retirement program.
• Highly competitive health, wellness, and work-life offerings.