Asset Manager

The Asset Manager works closely with senior-level executives in all aspects of the commercial real estate asset management process. She/He/They will be responsible for managing individual real estate investments within the Broad Street portfolio.

Company
Broad Street Realty
Bethesda, MD
Responsibilities
  • Communicate key portfolio goals to the asset management, property management, and leasing teams
  • Negotiate letters of intent and leases with key tenants in conjunction with the leasing team
  • Review, analyze, comprehend, abstract, and interpret various types of real estate documents, including leases, rent rolls, budgets, operating statements, expense recovery reconciliations, loan agreements, and other information used in the underwriting process.
  • Create evaluations of properties and sensitivity analyses.
  • Strategize with co-workers and clients to generate creative alternatives.

 

Qualifications
  • A minimum of 3 years’ experience; 1-2 years’ experience of commercial real estate analysis
  • Understanding of financial terms and principles necessary in real estate underwriting, including Discounted Cash Flow, IRR, NPV, Time Value of Money, Return on Equity, etc.
  • Ability to comprehend, analyze and interpret various types of real estate documents, including leases, contracts, and financial statements.
  • Fundamental understanding of key aspects of the lease process and leases and their impact on property performance. Experience negotiating with tenants is a plus.
  • Highly developed verbal and written communication skills – ability to interact effectively and professionally with a wide variety of internal parties (managers, analysts, sales professionals, clients, etc).
  • Close attention to detail and strong organizational skills; ability to multi-task in order to meet client deadlines.
  • Proficient computer skills, particularly in Excel. Experience with ARGUS Enterprise, YARDI, and VTS is preferred, although not required.

 

Essential Qualities:

  • A self-starter with excellent communications skills who relishes a leadership role in a lean, boutique firm.
  • Demonstrated history of managing a team and coordinating amongst multi-disciplined teams or departments.
  • Strong analytical skills, financial/math skills, and a keen sense of numbers
  • Close attention to detail and strong organizational skills; ability to multi-task in order to meet deadlines.
  • Exceptional time management skills and the ability to prioritize competing demands
  • High level of integrity and ethics
  • Encourages and practices critical thinking
  • Is self-reflective and empathic
  • Recognizes the influence of workplace relationships on outcomes and results
  • Maintains a respectful and accepting approach to others
  • Awareness of the influence of the larger context on individual behavior; possesses high EQ
  • Collaboratively and creatively supports the work efforts of colleagues at all levels and in all areas of the company

 

Education:

Bachelor’s degree (BA/BS) from a four-year college or university required. Advanced degree preferred. Focus in Real Estate, Finance, Accounting, or Economics is a plus. An equivalent combination of education and experience will be considered.

Program / Center Affiliation
Job Type
Full-Time