Director - Asset Management

Key Responsibilities

• Lead the creation of short- and long-term asset strategies with the Leasing and Operations/ Property Management teams.
• Oversee periodic valuations of each asset in conjunction with Finance; Asset Management will be responsible for authoring the model that reflects current contractual revenues, operating expenses, as well as projections for speculative income and related costs, capital expenditures, market-based growth assumptions, etc.
• Communicate high-level issues along with recommended solutions to the Managing Director – Asset Management.
• Develop a deep understanding of the asset’s performance in comparison to its competitive set, evaluating real estate and capital market trends and providing a data-supported evaluation of performance to Asset Management leadership.
• Establish clear, challenging goals for onsite property management teams to elevate asset performance.
• Monitor property operating and financial performance to ensure established goals and objectives are being achieved.
• Review detailed leasing objectives, operating and financial budgets, project plans, and annual plans developed by Asset Management Associates and provide necessary feedback to course-correct as appropriate.
• Prioritize implementation of firmwide ESG and sustainability goals.
• Solve mid-level asset issues with a sound, creative approach to problem solving.
• Encourage Leasing and Property Management teams to deploy smart risk-taking to deliver distinguished returns.
• 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.
• Conduct due diligence and assist in closing new business pursuits; work effectively with business generation colleagues in the geographic market.
• Mentor and train Analysts and Associates in the Hines culture and best practices.

Qualifications

• Experience leading asset management strategies and valuations.
• Proven ability to communicate high-level issues and recommended solutions to senior leadership.
• Strong understanding of real estate and capital market trends.
• Ability to prioritize and implement ESG and sustainability goals.
• Effective problem-solving skills with a creative approach.
• Experience managing leasing activities and drafting lease documents.
• Excellent interpersonal and mentoring skills.