About the Company

Sagard Real Estate is a real estate investment advisor and operator providing investment management services throughout the U.S. including acquisitions, asset management, development and property management for our investors. With $5.3B in assets under management, our clients invest through separately managed accounts and commingled funds.

Sagard Real Estate is based in Denver with regional offices in New York City, Charlotte, Los Angeles, San Francisco and Austin metro areas. For more information, visit www.sagard.com/realestate.

This position is located in Charlotte, North Carolina and requires the employee to be onsite several days during the week.

Job Summary

Director, Asset Management positions have the primary responsibility of performing all asset management functions and property-level investment performance for a portfolio of real estate assets located within a defined geographic territory.

Location: Charlotte, NC

Key job duties:

• Interface with the Head of Asset Management and other Asset Management associates to enhance department policies and procedures and mitigate investment risk.
• Formulate, review, critique and approve comprehensive annual property business plans, operating and capital budgets, internal and external appraisals and sell/hold strategies.
• Initiate and complete accurate comprehensive quarterly valuations and reports, and present to the Sagard Executive Committee.
• Subject to delegated authority guidelines, sign business documents, engage property management and leasing firms, and develop/execute approved leasing, capital and value-added investment strategies.
• Supervise and ensure adequate documentation of all activities in an organized electronic file system.
• Ensure that the cost-benefit of all leasing/capital investment is documented and ensure that all property-level decisions reinforce overall portfolio and client investment objectives.
• Build and sustain joint venture partner and operator relationships.
• Advise Head of Asset Management and Portfolio Management regarding investment performance, budget variances and changes in market/property conditions and valuation and recommend course of action.
• Review proposed acquisitions and take an active role in due diligence to ensure the viability of performance objectives, investment structures and exit strategies.
• Network and build relationships with other real estate professionals to enhance personal skills and increase industry awareness of Sagard’s investment advisory capabilities.
• Lead lease negotiations with listing agent, attorney and tenant. Ensure lease administration is accurate and complete.
• Manage all third-party relationships with brokers, attorneys, property managers, tenants, etc. as needed.
• Approve all capital work and invoices for dedicated assets.

Education Requirements

• Bachelor’s degree preferred; advanced business or equivalent preferred.

Experience Requirements

• Minimum of 5-10 years of experience in the commercial real estate business, preferably in asset management.

Knowledge, Skills and Abilities

• Demonstrated interpersonal, leadership, management, communication, conflict resolution, negotiating and listening skills.
• Proven ability to conduct valuations (strong ARGUS knowledge), financial cost / benefit and budget analyses and to negotiate construction contracts, management agreements and leases.
• Familiarity with all property and life-cycle types, deal structures and national and regional real estate markets.
• Ability to “benchmark” and apply prior experience in order to make well-reasoned, but decisive decisions.

Starting Salary Range

(Salary range available upon request)

Posting Date: April 3, 2024

Expiration Date: June 30, 2024 (or until filled)

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Retirement plan
• Tuition reimbursement
• Vision insurance

Compensation package:

• Bonus opportunities

Experience level:

• 3 years

Work setting:

• In-person

Ability to Relocate:

• Charlotte, NC 28202: Relocate before starting work (Required)

Work Location: In person