Director - Asset Management

Responsibilities

• Create Value and Grow the Legacy
• Lead the creation of short- and long-term asset strategies with the Leasing and Operations/Property Management teams.
• Maximize asset value and optimize customer satisfaction.
• Asset Management
• Address mid-level issues within the portfolio with measured, data-driven, independent decision-making.
• Communicate high-level issues along with recommended solutions to the Senior Managing Director – Asset Management.
• Performance Monitoring and Evaluation
• Develop a deep understanding of the asset’s performance in comparison to its competitive set.
• Evaluate real estate and capital market trends and provide a data-supported evaluation of performance to Asset Management leadership.
• Understand the current value and projected future performance of each asset within the context of investor goals and objectives; review analyses to make hold/sell recommendations to Asset Management leadership.
• Goal Setting and Accountability
• Create periodic property valuation analyses for each asset, supported by market analysis.
• Review detailed leasing objectives, operating and financial budgets, project plans, and annual plans and provide necessary feedback to course-correct as appropriate in arriving at a well-supported property valuation.
• Establish clear, challenging goals for onsite property management teams to elevate asset performance.
• Data-Driven Decision Making
• Monitor property operating and financial performance to ensure established goals and objectives are being achieved.
• Discuss material variances with Associates and Analysts to determine key drivers and identify potential pathways to mitigating unfavorable performance variances.
• Transitions and Partnerships
• Seek guidance and decision making from Development teams on critical asset decisions.
• Work effectively with business generation colleagues in the geographic market.
• Conduct due diligence and assist in closing new business pursuits.
• Manage the leasing activity of certain assets to include leasing agent selection and management, commercial lease analyses, drafting proposals, negotiating economic/legal terms, and working closely with legal counsel in review of lease documents; review and approve all applicable authorizations and lease documents prior to ownership execution.
• Comply with all Hines policies and procedures.
• Manage the leasing activity of certain assets to include leasing agent selection and management, commercial lease analyses, drafting proposals, negotiating economic/legal terms, and working closely with legal counsel in review of lease documents; review and approve all applicable authorizations and lease documents prior to ownership execution.
• Work effectively with business generation colleagues in the geographic market.
• Leadership and Mentorship
• Mentor and train Analysts and Associates in the Hines culture and best practices as appropriate.
• Motivate property management teams with servant leadership.
• Change Management and Integrity
• Demonstrate the ability to manage change at an organizational and strategic level as an effective teammate.
• Act with the Highest Principles
• Demonstrate the ability to act in the best interest of the company, the investor, and the asset, ensuring alignment of actions with organizational goals and values.

Qualifications

• Bachelor of Business Administration from an accredited institution.
• Six or more years of experience in the commercial real estate industry with a preference for commercial office and industrial asset management experience with responsibility for financial analysis, leasing/marketing activity oversight, and execution of strategic plans.
• Experience leading and managing a team and mentoring team members.
• Proficiency with Microsoft Office and Argus valuation software essential.
• Possess the highest degree of integrity.
• Be a risk taker.
• Effective interpersonal communication (verbal and written) and listening skills.
• Analytical problem-solving skills capable of undertaking detailed analyses and making well-reasoned, decisive recommendations.
• Own one’s decisions.
• Perform complex financial analyses and have a strong understanding of real estate development and acquisition models, explain economic and accounting considerations, review and manage operating budgets.
• Project management (budget, schedule, problem-solving).
• Demonstrate prioritization, organization, and time management skills necessary to balance competing deadlines.
• Able to multi-task in a complex high-volume environment and competency to work with all levels of management and personnel on critical projects.
• Ability to work indoors approximately 95% of the time and outdoors 5% of the time.
• Ability to withstand long working hours, which are frequently necessary.
• Ability to thrive and advance in a high-pressured atmosphere.
• Willingness and ability to walk around project sites under construction to review progress.
• Willingness and ability to travel to and from destinations by plane and/or car.