Senior Asset Manager (Minnesota)
Join our client’s growing team as a Senior Asset Manager, overseeing a diverse portfolio of real estate assets across the United States. This role is ideal for a strategic thinker with a strong background in asset management, financial analysis, and property performance optimization.
About the Role
As the Senior Asset Manager, you will be responsible for maximizing the value and performance of a multi-million-dollar real estate portfolio. You will work closely with property management teams, leasing agents, and senior leadership to develop and execute asset-level strategies that drive revenue growth, operational efficiency, and long-term value. This position offers the opportunity to shape the direction of high-profile assets and make data-driven decisions that impact the bottom line.
Responsibilities
- Develop and implement asset management plans to optimize property performance, including revenue growth, expense management, and capital improvement strategies.
- Monitor and analyze property financials, market trends, and competitive positioning to identify opportunities for value enhancement.
- Collaborate with leasing teams to ensure optimal tenant mix, lease negotiations, and occupancy levels.
- Oversee property management teams to ensure operational excellence, tenant satisfaction, and adherence to budgets.
- Prepare and present asset performance reports, investment analyses, and strategic recommendations to senior leadership and investors.
- Manage capital expenditure projects, including budgeting, vendor selection, and project oversight.
- Conduct regular property inspections and market tours to assess asset condition and competitive positioning.
- Work with legal and finance teams to ensure compliance with loan covenants, regulatory requirements, and corporate policies.
- Evaluate potential acquisitions, dispositions, and refinancing opportunities to enhance portfolio performance.
Requirements
- Bachelor’s degree in Real Estate, Finance, Business Administration, or a related field.
- Minimum of 7 years of experience in real estate asset management, with a focus on commercial or multifamily properties.
- Strong financial acumen, with experience in budgeting, forecasting, and financial modeling.
- Proven track record of driving property performance and value creation.
- Excellent communication and presentation skills, with the ability to influence stakeholders at all levels.
- Proficiency in real estate software (e.g., Argus, Yardi, MRI) and Microsoft Office Suite.
- Ability to travel up to 25% of the time for property inspections and market tours.
Skills
- Strategic thinking and problem-solving abilities.
- Strong leadership and team management skills.
- Detail-oriented with a focus on data-driven decision-making.
- Ability to manage multiple priorities in a fast-paced environment.