Senior Real Estate Asset Manager Value Add
Job Summary
ClearBridge is part of Franklin Templeton a forward-thinking asset manager that has built its success through powerful partnerships. We leverage cutting-edge strategies and deep insights to unlock opportunities for long-term wealth creation. Our talented global teams bring expertise that is both broad and unique.
ClearBridge Investments is an active equity manager offering a broad range of strategies across global developed and emerging markets local markets and real assets. Manages diversified high-conviction portfolios through collaborative fundamental research to meet the needs of some of the worlds largest asset owners and financial intermediary platforms. We invest as long-term risk-aware business owners and seek to deliver consistency of process and performance for our clients through market cycles. A focus on durability drives everything we do; from the business models of the companies we own to the holding periods of our portfolios to the stability and longevity of our investment professionals.
As Franklin Templetons largest equity specialist ClearBridge combines boutique agility with global scale. Headquartered in New York we have a strong global presence and a culture recognized by Pensions & Investments as one of the Best Places to Work in Money Management for fourteen consecutive years.
Franklin Real Asset Advisors (FRAA) is a global investment platform within Franklin Templeton focused on real estate and infrastructure. Since 1984 we have managed private equity real estate and infrastructure investments worldwide. Our teams in New York London and Calgary collaborate to identify opportunities using Franklin Templetons global network. Joining us means working in a dynamic impact-driven environment where you will gain exposure to international markets and innovative investment strategies.
The Senior Real Estate Asset Manager will be responsible for overseeing a portfolio of value-add real estate investments across Europe with a strong emphasis on development and redevelopment joint ventures. This role focuses on executing business plans maximizing asset value and managing relationships with operating partners developers and internal stakeholders. The ideal candidate brings deep experience in development projects joint venture management and hands-on asset management across the full lifecycle of an investment.
Asset & Portfolio Management
Lead asset-level strategy and execution for a portfolio of value-add and development investments
Drive business plan implementation including leasing capital improvements redevelopment and disposition strategies
Monitor asset performance relative to underwriting and proactively identify risks and opportunities
Oversee operating and capital budgets track KPIs and ensure alignment with fund-level return objectives
Work closely with Impact team to develop and monitor Impact KPIs (Social or Environmental)
Development & Joint Venture Oversight
Manage relationships with JV partners developers and operating partners
Review and approve development budgets schedules design plans and major contracts
Monitor construction progress cost controls change orders and risk mitigation strategies
Ensure compliance with JV agreements including governance approval rights and reporting requirements
Financial Analysis & Reporting
Analyse financial performance including cash flow IRR and equity multiples
Review and challenge partner reporting development draws and capital calls
Prepare internal investment update memos valuation updates and performance reports for senior management and investors
Transaction Support
Support quarterly valuations and assist with fund-level reporting
Support the investment team in the asset acquisitions process including underwriting and technical/impact due diligence by identifying asset specific impact initiatives
Provide asset management input on business plans development assumptions and operating strategies
Support refinancings recapitalizations and dispositions
Stakeholder Management
Holds ultimate responsibility for each investment
Serve as primary point of contact for JV partners and third-party operators
Collaborate cross-functionally with acquisitions capital markets legal and investor relations teams
Present asset performance and strategy updates to internal committees and external investors
Degree in Real Estate Finance Business or related field or technical background with extensive business experience
Extensive experience in value-add real estate asset management with a focus on value-add and development projects
Strong experience managing joint ventures and working with external development partners
Deep understanding of development processes & construction management
Advanced financial modelling and analytical skills (Excel proficiency required)
Strong knowledge of real estate markets leasing dynamics and capital structures
Strategic thinking with strong execution capability
Ability to manage complex multi-phase development projects
Commercial judgment and risk assessment
Experience within a private equity real estate fund or institutional investment manager (preferred)
Exposure to multiple asset classes (preferred sectors healthcare residential education)
Track record of successfully executing value-add or development business plans (preferred)
Pan-European experience and European language skills (preferred)
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees and we evaluate qualified applicants without regard to ancestry age color disability genetic information gender gender identity or gender expression marital status medical condition military or veteran status national origin race religion sex sexual orientation and any other basis protected by federal state or local law ordinance or regulation.
Required Experience:
Manager
About Company
Franklin Templeton Investments is a global investment manager. At the core of our business are multiple world-class investment management groups – Franklin, Templeton and Mutual Series – each operating independently and offering their distinct perspectives to financial advisors and th ... View more