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7 Real Estate Asset Manager Jobs in Detroit, MI

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Detroit Regional Partnership
Detroit, MI | Full Time
$92k-117k (estimate)
1 Day Ago
The Monzo Group - Keller Williams
Detroit, MI | Full Time
$120k-156k (estimate)
7 Days Ago
CBRE
Detroit, MI | Full Time
$109k-157k (estimate)
1 Day Ago
Bedrock Management Services LLC
Detroit, MI | Full Time
$96k-149k (estimate)
5 Months Ago
Prep Realty
Detroit, MI | Full Time
$93k-132k (estimate)
2 Months Ago
Confidential
Detroit, MI | Full Time
$68k-87k (estimate)
3 Months Ago
The Monzo Group - Keller Williams
Detroit, MI | Full Time
$68k-89k (estimate)
7 Months Ago
Real Estate Asset Manager
$96k-149k (estimate)
Full Time 5 Months Ago
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Bedrock Management Services LLC is Hiring a Real Estate Asset Manager Near Detroit, MI

The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. We’re united by our culture – a drive to find a better way that fuels our commitment to our clients, our community and our team members. We believe in and build inclusive workplaces, where every voice is heard and diverse perspectives are welcomed. Working for a company in the Family is about more than just a job – it’s about having the opportunity to become the best version of yourself. ABOUT BEDROCK Bedrock is a full-service real estate firm specializing in innovative city-building strategies, reaching far beyond the boundaries of bricks and mortar. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $5.6 billion to acquiring and developing more than 100 properties in Detroit and Cleveland, including landmark developments at the Hudson’s Site, the Book Tower restoration, City Modern and the May Company Building. Bedrock’s portfolio totals more than 22 million square feet of office, retail and residential space within new construction and adaptive reuse projects. For more information on Bedrock’s projects, visit bedrockdetroit.com or engage with us on Facebook, Instagram, Twitter and LinkedIn. POSITION SUMMARY The Asset Manager, reporting to the Director, Asset Management, is responsible for overseeing and strategically managing the financial performance of an assigned portfolio of assets within Bedrock’s real estate portfolio in Downtown Detroit and Cleveland. One will work alongside other asset managers and internal teams such as property management, leasing, capital markets, investments, acquisitions, development, and market analytics to maximize the net operating income based on the portfolios business plan. The asset types in an Asset Manager’s assigned portfolio will be diverse with asset types such as commercial office, multi-family residential, retail, parking, to industrial. ESSENTIAL FUNTIONS Leads and monitors the asset strategy with cross-functional teams to achieve underwriting Coordinates and reviews annual property budget and asset strategies with various Bedrock Teams for Leadership approval Conducts regular property visits to ensure the asset strategy’s objectives are being obtained and identifies any new areas for opportunity Reviews monthly and quarterly property financial and variance reporting and conducts periodic calls with property teams Manages communication amongst property-specific Bedrock Teams to assess and improve investment performance and leverage pertinent information for investor reporting purposes Provides analytical support across functional teams for strategic business decisions including investment opportunities, operational savings, capital expenditures, and capital structure execution Works closely with Property Management Team to monitor tenant delinquencies and propose resolutions to Bedrock Leadership when necessary Works closely with Leasing Team to provide analytical support, including market leasing assumptions and analysis, operating expense estimates, and tenant financial evaluations that are aligned with the asset strategy Works closely with Development and Acquisitions Teams to provide support in underwriting, asset strategy creation, and due diligence to ensure a smooth transition into the operating portfolio Partners with the Finance Team to successfully execute financing and refinancing of stabilized assets Maintains a current understanding of real estate and urban trends throughout the industry and country Completes responsibilities with little oversight or required direction Works to maintain and improve portfolio performance All other duties as assigned POSITION REQUIREMENTS Bachelor’s degree in finance, business, economics, accounting, real estate, or a related field (required) Advanced degree, CFA, CAIA, or similar designations a plus At least 5 years of experience in real estate finance, asset management, investing, consulting, or another related financial service field Experience with two or more property types strongly preferred: office, retail, parking, multifamily, and industrial Experience in investment analysis and financial modeling Experience with real estate market research and relevant data providers (e.g., CoStar) a plus Proven track record of high performance in prior work Possess creativity, independence, initiative, and high levels of integrity POSITION QUALIFICATIONS Able to problem-solve at an advanced level Able to perform tasks by interpreting and analyzing established procedures Strong verbal and written communication skills Strong self-starter that thrives in a fast-paced, dynamic environment with multiple and evolving priorities and deadlines Strong financial analysis skills with an emphasis on accuracy and thoroughness Ability to prioritize responsibilities, manage time effectively and handle a high volume of work The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities and may be modified periodically. Disclaimer This job description should not be construed as an exhaustive list of duties and responsibilities performed by persons assigned to this classification. It is not intended to limit or in any way modify the right of any supervisor or manager to assign, direct and control the work of employees under his/her supervision. All principal duties and responsibilities of this position are essential functions of the position. Job descriptions are reviewed on a regular basis and may be revised at any time. Revisions will be communicated to employees within the classification. This job description does not constitute a contract of employment; therefore, the company may exercise its employment-at-will rights at any time. Bedrock is an equal-opportunity employer. The Company is an Equal Employment Opportunity employer, and does not discriminate in any hiring or employment practices. The Company provides reasonable accommodations to qualified individuals with disabilities in accordance with state and federal law. Applicants requiring reasonable accommodation in completing the application and/or participating in the employment application process should notify a representative of the Human Resources Team, The Pulse, at 1-800-411-JOBS. We use world-class recruiting and talent management teams to help each member organization recruit the best and brightest. If you’re looking for the next step in your career, you’ve come to the right place.

Job Summary

JOB TYPE

Full Time

SALARY

$96k-149k (estimate)

POST DATE

12/31/2023

EXPIRATION DATE

05/23/2024

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The job skills required for Real Estate Asset Manager include Asset Management, Initiative, Leadership, Analysis, etc. Having related job skills and expertise will give you an advantage when applying to be a Real Estate 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 Real Estate Asset Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Real Estate Asset Manager positions, which can be used as a reference in future career path planning. As a Real Estate Asset Manager, it can be promoted into senior positions as a Top Asset Management Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Real Estate Asset Manager. You can explore the career advancement for a Real Estate Asset Manager below and select your interested title to get hiring information.

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