AVP Asset Management
AVP Asset Management
Posted on :
11-04-2025
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1 Vacancy
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Job Description
POSITION SPECIFICATION
AVP ASSET MANAGEMENT
AVP ASSET MANAGEMENT
Shine Associates LLC has been retained to search identify and recruit an AVP Asset Management on behalf of our client (Company). This position will be based in Dallas TX and report to the Vice President of Asset Management.
CONFIDENTIALITY
Shine Associates LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning the Company provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidates personal review of the career opportunity.
CLIENT DESCRIPTION
Our client is a privatelyheld and verticallyintegrated real estate company that develops owns and operates a portfolio of multifamily industrial and mixeduse developments. With corporate offices in Atlanta Boston Dallas Dubai New York and San Francisco the firm is an experienced real estate private equity investor and manager supported by an integraterating platform and has 60 years of experience across multiple asset classes.The Companys existing and underdevelopment properties are valued at over$29.0 billion.
Duringits60year history the firm has developed managed or acquired over96000residential units and32.5millionsquare feet of commercial space intwentyfourstates. The current portfolio includesover 55000residential units 1 million square feet of retail and office space and 25 million square feet of industrial space.
AVP ASSET MANAGEMENT
The AVP will be responsible for establishing and implementing business plans that maximize the value and investment performance of a multifamily portfolio. This includes overseeing and driving the performance of assets identifying opportunities to improve financial performance developing financing projections and managing relationships with affiliates jointventure partners and capital partners.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Asset Management: Oversee and monitor the performance of multifamily assets including recommending and analyzing valueadd strategies to optimize performance and maximize property income cash flow and longterm value.
- Strategic Planning and Budget Management: Develop operating strategies aligned with fund objectives and asset life cycle.
- Project Management: Collaborate with Project Coordinators and external vendors (designers/architects/MEP) to execute projects that add value: unit renovations clubhouse and amenity renovations etc.
- Market Research and Analysis: Operating strategies will be developed leveraging the AVPs market knowledge that will include an understanding of (i) competitive set (ii) supply (iii) current and future trends in demographics economic drivers and other market dynamics.
- Valuations and Reporting: Oversee quarterly valuations and reporting on KPIs. Conduct detailed financial analysis on real estate assets including DCF modeling IRRs equity multiples performance metrics and various sensitivity analyses.
- Stakeholder Engagement: Serve as a key point of contact for current and perspective investors and lenders addressing inquiries managing site tours and providing insights into the assigned set of properties.
- Joint Venture Management: Oversee various joint venture partnerships to ensure alignment of interests and fulfillment of development obligations. Manage the acquisition of JV development partners membership interest in joint venture properties.
- Transaction Support: Oversee the disposition and marketing of assets designated for sale including coordinating with investment sales brokers and negotiating purchase agreements.
- Property and Market Visits: Visit and review properties regularly tour competing projects and build relationships with the onsite and regional leadership of firms property management affiliate.
QUALIFICATIONS SKILLS AND EXPERIENCE
- Bachelors degree in Real Estate Finance Mathematics or Accounting.
- Minimum of seven years of experience with five plus years of experience in the multifamily sector with an institutional owner.
- Experience with Yardi and PowerBI preferred.
- Ability to read analyze and interpret common scientific and technical journals financial reports and legal documents. Ability to respond to common inquiries or complaints from customers regulatory agencies or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management public groups and/or boards of directors.
- Ability to calculate figures and amounts such as discounts interest commissions proportions percentages area circumference and volume. Ability to apply concepts of basic algebra and geometry.
- Ability to define problems collect data establish facts and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
COMPENSATION
The Company is prepared to offer a competitive compensation package including salary bonus and other benefits.
Hillary H. Shine Principal Kelsey E. Shine Director
CellCell
emailprotected emailprotected
Chandlee N. Gustafson Associate
Cell
emailprotected
#LICG1
Required Experience:
Manager
Employment Type
Full-Time
Department / Functional Area
Key Skills
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