What are the responsibilities and job description for the Director of Investment Management position at Edens Realty, Inc.?
The Director of Investment Management is responsible for executing the strategic vision for the Regional Operating Portfolio. The Director of Investment Management will lead in all decision making that impacts the asset, driving towards 36-month budgeted goals and the long-term value of the portfolio. This position reports to the Managing Director of Operations and will partner with the Regional Lead.
EDENS is committed to creating and fostering a workplace that is diverse, inclusive and equitable. Our goal is to build and develop an organization that is a collective of diverse and talented people who find ways to Enrich Community using ideas that reflect the best of their unique points of view. We are passionate about our work and are looking to attract and retain individuals who are excited about being part of our community.
Responsibilities:
- Promotes a collaborative, action-oriented culture that celebrates the accomplishments of team members and fosters innovation by creating an open forum to learn from failures.
- Leads the leasing, legal and operations groups by setting priorities and holding members accountable in the execution of the property business plans including the merchandising and maintenance of our places.
- Authors property level business plans that proactively manage risk and drive the value of our places. These plans will inform the Regional Strategic Plans developed by the Regional Lead.
- Maintains direct market knowledge of comparable transactions through relationships with brokers and other industry professionals.
- Maintains overall responsibility for property level budgeting and tracking of financial performance with a focus on regional occupancy, lease production, NOI growth and Net Asset Value.
- Manages operating capital improvement expenditures to ensure best in class presentation of our places partnering with property operations to develop a five-year capital plan.
- The Director of Investments should be hands-on and knowledgeable about any significant issues at the property level and be able to resolve directly or present to executive management the issues and a plan of action as soon as they arise.
Other Tactical responsibilities:
- Lease Approvals
- Capital Planning
- Environmental Mitigation
- Accounts Receivable Decisions
- Quarterly Appraisal
- Real Estate Tax Appeals
- Managing Rent Commencements
- Tenant Sales Analysis
- Legal Disputes