Asset Management (Associate–Senior Associate)
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Job Location:
Dallas, IA - USA
Monthly Salary:
Not Disclosed
Posted on:
5 hours ago
Vacancies:
1 Vacancy
Job Summary
Our business is focused on making real estate more valuable. But for us its more than that. Its people first community always. Its a life-filled career not just a career-filled life. Its doing good work with good humans and making a difference. Its excellence in all its forms. Ultimately we create great places to work live and grow. We do that by focusing on leaving people and places better than we found them.
Whew! Still with us Cool. Lets talk about where youd fit in:
Only read further if you are:
- Kind
- Humble
- Honest
- Relentless
- Smart with Heart
You should be:
- Authentic. You do you. Together well do something amazing.
- A passionate personwith a love for real estate and investing; and believes that helping others win is a noble cause essential to our success.
- An excellent team playerwho enjoys working with others and has strong interpersonal skills.
- Highlymotivatedenergeticandorganized
The(AssociateSenior Associate)will be based inDallas and responsible for maximizing the value of a portfolio of assets in individual will develop and execute an asset management strategy for theirRegionalportfolio encompassing property operations capital expenditures and renovation/redevelopment (AssociateSenior Associate)will also collaborate as necessary with Blackstone representatives on regional investment activities including due diligence efforts investment market assessments and property underwriting will be a member of the asset management team and will have a significant responsibility for and impactonthe portfolios financial performance.
What you will do:
Be responsible forthe performance of a portfolio of assets.
Collaborate with marketing revenue management accounting financial planning & analysis capex research and portfolio strategy teams to develop& executevalue maximizing strategies.
Develop assetmanagementoperational experience and marketexpertise.
Leverage monthly and quarterly financial statements business intelligence software and several analytical tools toidentifyunderperformance and opportunitiesrelativeto benchmarks.
Develop strong relationships with operating partners to align leasing and strategic goals.
Conduct frequent physical inspections / site visits to develop a thorough understanding of each property and market conditions assess operational and management performance oversee value-add initiatives and align all relevant teams.
Assess capital needs and work withcapitalinvestment team to develop a long-term plan that aligns withbroaderstrategy.
Identifyand oversee repositioning/unit upgrade opportunities.Monitor market trends for opportunities to add value through renovation or repositioning. Oversee ROI implementation to ensure returnobjectivesare met.
Develop annual operating and capital budgets to align investment strategies andobjectives.
Support Blackstone on acquisition underwriting providing market and leasing assumptions andparticipatingin other due diligence activities as necessary.
Help evaluate potential new products and services to increase ancillary income reduce operating expenses or create operational efficiencies.
Active participation in local industry organizations is encouraged.
Maintain an extensive network of industry relationshipsto saycurrent onregional and local market trends.
20-25% travel.
What you should have:
Bachelors degree preferably in Business Finance Real Estate or other relevantarea.
3 - 5 years of acquisition or asset management experience for a regional portfolio ofunits.
Familiarity with the general principles of real estate finance including operations and analysis budgeting financial reporting cash management general accounting and NPV/IRR analysis.
Effective communication skills both verbally and in writing.
Strong interpersonal communication and listening skills to build strong working relationships with all levels of management and across functional teams.
Ability to understand and interpret quantitative data trends and market reports.
Understanding ofmultifamily operations value-add opportunities market knowledge and competitor positioning.
Experience with transactional (acquisitions / dispositions) due diligence process.
Solutions-oriented motivated team-player that thrives in a fast paced dynamic environment with multiple and evolving priorities and deadlines.
Strong real estate intellectual curiosity the position offers tremendous opportunity for growth!
Please review the job applicant privacy notice here.
EEO Statement
LivCor is an equal opportunity accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email
Required Experience:
Senior IC
Key Skills
- Portfolio Management
- Wealth Management
- Financial Services
- Hybris
- Microsoft Word
- Banking
- Cash Management
- Data Management
- Microsoft Powerpoint
- Securities Law
- Microsoft Excel
- Internet Of Things
