27 Asset Manager Jobs in Phoenix, AZ
B.H. Properties is Hiring an Asset Manager Near Phoenix, AZ
What We Offer
- Competitive Salary
- Medical, Dental, & Vision Coverage
- Company-Paid Life Insurance
- 401K
- Flexible Spending Accounts
- Employee Referral Program
- Growth Opportunities
ASSET MANAGER – PHOENIX
COMPANY
BH Properties (the ‘Company’) is a privately held commercial real estate investment firm focused on value-add acquisitions in retail, office, industrial, and multi-family properties located throughout the Southeast and Western United States along with investments in distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, Riverside, Phoenix, Dallas, Houston, and Seattle. Founded thirty (30) years ago and operating with no outside capital partners allows us advantages in moving quickly and creatively in structuring acquisitions to satisfy seller needs. Today, the Company owns and operates approximately 10M square feet across 18 states.
POSITION
The Asset Manager will be responsible for the Company’s operations in Arizona, Nevada, and California along with participating in future acquisitions the Company is considering. The successful candidate will have worked in a principal-based environment with an investor acumen approach to maximizing cash flow and increasing value. Demonstrated experience in managing leasing and property management teams, problem solving and representing the Company in a ‘front facing’ role within the community is integral.
The role is highly visible, both internally and externally, requiring skills and experience in leadership, management, and communication.
LOCATION
Phoenix, AZ
REPORTING
Senior Managing Director of Asset Management
RESPONSIBILITIES
- Actively participate in the negotiation of new leases and renewals both in-house and through third party leasing brokers.
- Work closely with third party property managers, leasing agents, brokers, consultants, and attorneys to provide direction for, and oversight of, business plans, annual budgets, lease analysis and approvals.
- Maximize the total return through implementing operational efficiencies and identifying value-add and revenue enhancement strategies.
- Perform routine property inspections to ensure property and vacant suites are show-ready.
- Maintain and expand relationships with our existing tenants and develop relationships with new prospective tenants.
- Prepare monthly, quarterly, and annual portfolio reporting for review by the company’s senior management team.
- Negotiate third party contracts and oversee implementation of capital improvement and ‘value-add' projects.
- Work with the financial analyst staff to perform valuations on a quarterly and annual basis.
- Manage the capital improvement strategies and processes, including oversight of construction management activities.
- Perform ad-hoc analysis of potential issues while developing strategies to manage conflicts.
- Monitor regional economic and investment trends to identify changes that could impact real estate values and strategy.
- Work collaboratively with Company acquisition team members in evaluating potential investments and opportunities.
REQUIREMENTS
- BA/BS degree in finance, real estate, or related field with a strong record of academic achievement; graduate degree preferred.
- The candidate will likely have had a minimum of 7-10 years of commercial real estate asset management, principal-based leasing, and / or related experience.
- Experienced in financial analysis, understanding of asset level financial statements, and possess a demonstrated level of experience in lease management and metrics for retail and office assets
- Knowledge of real estate accounting combined with strong analytical skills.
- Knowledge of design and construction process
- Experienced in Yardi, MS Office 365 (MS Teams & other applications), MS Excel, Argus is a plus
- Must be highly organized, detail oriented, and able to manage multiple and concurrent projects to achieve goals.
- Comfortable in a collaborative team-oriented environment
- Exceptional communication and interpersonal skills
- 30% Travel
COMPENSATION
We offer an excellent compensation package along with a chance to grow and develop with a well- capitalized, privately held, entrepreneurial investment group understanding that it is not just a job, but a career. For immediate consideration please submit your resume with salary requirements. Resumes submitted with salary requirements will be considered a priority.
Job Summary
Full Time
$99k-154k (estimate)
04/03/2024
06/01/2024
The job skills required for Asset Manager include Asset Management, Futures, Leadership, Problem Solving, Construction Management, etc. Having related job skills and expertise will give you an advantage when applying to be an Asset Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Asset Manager. Select any job title you are interested in and start to search job requirements.
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If you are interested in becoming an Asset Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Asset Manager for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Asset Manager job description and responsibilities
Preparing risk analyses and financial, investment, and asset management reports.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Asset Manager jobs
Government agencies, non-profit organizations, and companies are required to provide comprehensive reports on how they acquire, utilize, and dispose of assets.
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Previous experience as an analyst or asset manager is an advantage.
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Step 3: View the best colleges and universities for Asset Manager.
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