Senior Asset Manager

Overview

Manage distressed multifamily assets, drive performance, oversee finances, leases, and dispositions.

Key Responsibilities

• cash flow
• financial reporting
• due diligence
• portfolio analysis
• lease negotiation
• compliance monitoring

Tasks

-Monitor timely payment of taxes and insurance premiums -Assure financial performance, timely reporting, proactive and high-quality repairs and maintenance, and positive tenant relations -Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition -Assist with conducting transaction analysis and support due diligence for new acquisitions -Create cash flow projections, analyze and recommend investor capital calls and distributions -Review monthly property management reports for variance against budget and strategy -Develop analytical tools to allow leadership to better understand the state of the portfolio -Assist with due diligence and follow-up on property transactions -Prepare monthly, quarterly, and annual reporting for investor clients and senior leadership -Collaborate with other departments to improve and document processes and streamline reporting -Monitor all escrow accounts and operating cash accounts to assure they are properly funded -Oversight of 3rdparty brokerage teams and leasing -Negotiate leases and renewals throughout the portfolio -Monitor and maintain compliance with all lender requirements

Requirements

• excel
• asset management
• real estate
• bachelor's
• distressed assets
• 10+ years

What You Bring

-Excellent written and oral communication skills -Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups -Comfortable navigating quickly changing portfolios and maintaining discretion when interfacing with building tenants -Exposure to legal aspect of commercial assets in receivership -Strong analytical, accounting and critical thinking skills -Advanced knowledge of Excel including building templates for other users. -In-depth knowledge of real estate finance including commercial lease terms and debt and equity structures -The candidate should enjoy everchanging work assignments as the portfolio could frequently change -High comfort level with the technology used to aid in collaboration, communication, and documentation -10+ years of experience with a focus on asset management activities, including leasing, financing, managing tenant improvements, capital investments, and dispositions -Bachelor's Degree in Real Estate, Finance, Accounting; MBA a plus -Experience with distressed assets- often class C and B -Ability to be self -sufficient to work outside the box to figure out challenges

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About Trigild

-Founded with a passion for real estate, specializing in property management and investment services. -Provides a broad range of real estate services, including property management, leasing, and asset management. -With a strong history in the industry, handles diverse projects ranging from residential communities to commercial properties. -Known for managing challenging properties and turning around distressed assets. -Focuses on operational excellence and financial performance, helping clients maximize their returns. -Expertise spans different types of real estate, including office buildings, multi-family housing, and industrial properties. -Works with investors, property owners, and lenders to enhance asset value through strategic management and development.

Sector Specialisms

Security Clearance

-offers contingent on completion of a background check.