Asset Manager Development Associate
Asset Manager Development Associate
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Job Title: Asset Manager & Development Associate
Location: 530 Penn Street NE Washington DC 20002
Job Type: Fulltime
Reports To: Director of Real Estate Development
Job Summary:
The Asset Manager & Development Associate is responsible for overseeing and optimizing a portfolio of real estate assets while also assisting in the development of new projects. This role requires a strong understanding of asset management financial analysis real estate development and project coordination. The ideal candidate will play a key role in maintaining and improving asset performance while contributing to the growth of the organizations development pipeline.
Key Responsibilities:
Asset Management:
- Oversee the financial and operational performance of real estate assets.
- Monitor lease agreements rental income and tenant relations.
- Conduct financial analysis and reporting to identify opportunities for value enhancement.
- Work with property management teams to ensure assets are wellmaintained and operating efficiently.
- Develop and implement strategies to maximize asset value and investment returns.
- Track and manage capital expenditures and budgeting for assets.
- Create Investor packages to share updates of all properties
Development Assistance:
- Support site selection feasibility studies and due diligence processes.
- Assist with project planning scheduling and coordination.
- Collaborate with architects engineers and consultants to advance development projects.
- Conduct financial modeling and pro forma analysis for new developments.
- Assist in securing entitlements permits and approvals for development projects.
- Support financing efforts including preparing materials for investors and lenders.
Qualifications:
- Bachelors degree in Real Estate Finance Business or a related field.
- 3 years of experience in asset management real estate development or related fields.
- Strong financial modeling and analysis skills.
- Knowledge of real estate markets valuation and investment strategies.
- Experience with property management and lease negotiations.
- Strong project management and organizational skills.
- Excellent written and verbal communication skills.
- Proficiency in Microsoft Excel financial modeling software and real estate databases.
Preferred Qualifications:
- Masters degree in Real Estate Finance or Business Administration (MBA).
- Experience working with mixeduse commercial or residential real estate portfolios.
- Familiarity with development processes zoning laws and permitting.
Compensation & Benefits:
- Base Salary: $70000
- Performancebased bonuses.
- Free medical dental and vision insurance for the employee. 75 cost sharing for family coverage including a domestic partner and HSA contributions.
- Tuition reimbursement student loan repayment 401k matching.
- 20 days of PTO/year 7 sick days/year flexible working arrangements the latest technology and tools to do your best work.
- Opportunity to make an impact on a diverse team with decades of professional experience.
Required Experience:
Manager
Employment Type
Full-Time
