Real Estate Asset Manager

Summary Of Job Description

The CFT Real Estate Asset Manager works with senior management in the development of comprehensive business and management plans for portions of the firm’s real estate investment and/or development portfolio(s), which may include either or both directly owned or joint ventured assets. The responsibilities of this position may include aspects of financial, physical and market/economic analysis during all stages of a property’s life cycle; such as acquisition, leasing, initial and subsequent capital allocation, repositioning, current and projected future valuations, refinancing, all operational management and ultimately asset disposition. The size, complexity, product type distribution and geographic location of the asset(s) within their portion of the overall portfolio will vary depending on the Asset Manager’s education, skill set, product type familiarity, direct experience and market knowledge.

Job Responsibilities

• Maintains comprehensive oversight of a limited portion of the firm’s portfolio of real estate investment assets that includes a limited number of different asset types. Takes into consideration an appropriate balance of financial return relative to the identified risks associated with the ownership of each individual asset, creates, presents, and implements approved business plans for each asset within that portion of the overall portfolio.
• Communicates effectively with both internal and external stakeholders and resolves disputes and issues with a focus on maintaining positive relationships.
• Visits/travels to all assigned properties; conducts site inspections and monitors competition and sub-market conditions.
• Develops and oversees operational, maintenance and capital improvement strategies for each assigned asset, including budgets, cashflow forecasts, periodic performance reports, timelines and property management plans, whether with internal property management staff or third-party providers of such service.
• Develops and recommends potential value-add action plans; and, if/when approved, supervises the planning, budgeting and control of related capital expenditures.
• Creates and manages project level marketing plans for leasing efforts in income properties. Maintains and manages brokerage relationships in their respective sub-markets, working with internal and external attorneys to negotiate and execute leases.
• Helps assess the relative financial strength of the firm’s assets. Investigates and recommends potential “value-add”, refinancing or other re-capitalization recommendations within their portion of the portfolio. Works with the firm principals to execute approved re-capitalization strategies within their portion.
• Works alongside senior management to develop long-term strategic plans for the portfolio, including recommendations for the extent and timing of any potential asset dispositions within assigned portion. Creates and implements sale strategies for the sale of any assets identified for disposition.
  
  

How We Reward You

• Hybrid remote schedule
• 401K with company match
• Yearly bonus opportunity*
• Full medical, dental, and vision insurance *
• On-site fitness center, biometric screen, and flu shot clinic
• Discounts at Panda restaurants, theme parks, and gym memberships
• Paid time off starting at 15 days with 7 federal holidays*
• Continuous education assistance and scholarships*
• Income protection including Disability, Life and AD&D insurance*
• Bereavement leave*
• Benefits available for eligible permanent full time associates
  
  

Your Background & Experience

• Bachelor’s degree from an accredited institution in engineering, business administration, real estate, economics or related field required; advanced degree (MBA) preferred
• Minimum five years of related real estate investment experience, preferably managing several different real estate investment/development product types
• Successful completion of initial and periodically required training
• Obtaining a valid Food Handler's Card within 30 days of employment is a requirement of this position.
  
  

Pay Range: M2: $112,500 - $158,000 / Annual

• Within the range, individual pay is determined using various factors, including work location and experience.
  
  

Panda Strong Since 1983

Founded in Glendale, California, we are now the largest family-owned American Chinese Restaurant concept in America. With close to 2,300 locations globally, we continue our mission of delivering exceptional Asian dining experiences by building an organization where people are inspired to better their lives. Whether it’s impacting our team or the communities we work in, we’re proud to be an organization that embraces family values.

You’re Wanted Here

We value diversity in all forms and know the strength it brings. Workplace equality allows for creative ideas to bloom, diverse points of view to be heard, and improves overall happiness. We like the sound of that.

Panda Restaurant Group, Inc. is an Equal Opportunity Employer and is committed to providing equal opportunity, and does not discriminate on the basis of any characteristic protected by law, including but not limited to sex/gender (including pregnancy, childbirth, lactation and related conditions), gender expression, race, color, religion, national origin, sexual orientation, gender identity, disability, age, ancestry, medical condition, genetic information, marital status, and veteran status. Additionally, Panda Restaurant Group, Inc. complies with all federal, state, and local laws regarding requests for workplace accommodations. If there is a reason you believe you require an accommodation, please reach out to our accommodation team vie email at PandaLOA@PandaRG.com.