What are the responsibilities and job description for the Asset Management Associate position at Redfearn Capital?
Company Description
Redfearn Capital is a private equity real estate firm based in Delray Beach, Florida, specializing in industrial property acquisition, development, and management. Founded in 2014, the firm manages $765 million in assets with 4.9 million square feet of space and over 250 tenants across three states. Redfearn Capital focuses on value-add, distressed, and opportunistic investments, excelling in sourcing off-market deals and managing properties in-house to create lasting value for partners, tenants, and communities.
Role Description
This is a full-time on-site Asset Management Associate role located in Delray Beach, Florida. The Asset Management Associate will be responsible for overseeing the management and performance of the portfolio, leasing and tenant relations, financial analysis and reporting, strategic planning, and asset optimization.
- Monitor key performance indicators (KPIs) across revenue, expenses, occupancy, leasing, and capital projects
- Collaborate with property management teams to ensure alignment with business plans and budget targets
- Review monthly property financials, provide variance analysis, and recommend corrective actions
- Track and oversee value-add renovations, capital expenditures, and ROI on improvement plans
- Assist in the preparation and execution of annual operating budgets
- Work cross-functionally with acquisitions, accounting, investor relations, and executive leadership
- Prepare and present asset performance updates to internal stakeholders and investors
- Facilitate obtaining lender and investor approvals for various business activities
- Ad hoc analysis as needed and other duties as assigned
- Ongoing loan compliance and lender reporting as assigned
- Identify risks, operational inefficiencies, and value-creation opportunities across the portfolio
- Contribute to portfolio-level planning, hold/sell analysis, and disposition strategies
Qualifications
- 3 years of progressive experience in real estate asset management, with a proven track record managing large portfolios
- Financial analysis, real estate valuation, and asset management skills
- Leasing and tenant relations experience
- Strategic planning and asset optimization abilities
- Strong communication and negotiation skills
- Knowledge of industrial real estate markets and market trends a plus
- Highly analytical with advanced skills in MS Office, particularly Microsoft Excel and PowerPoint. Argus experience preferred but not required
- Bachelor's degree in Business, Finance, Real Estate, Engineering or related field (Master’s or MBA preferred)
- Previous experience in private equity real estate is a plus