Job Title
Director, Asset Management (CRE)
Job Description Summary
The Director will report to the Managing Director and will assist in evaluating and executing on all aspects of asset management. A position requirement is that applicants have the ability to work independently updating/producing monthly and quarterly reports as well as updating property specific Argus runs.
Job Description
Key Responsibilities:
- Update monthly and quarterly client reports as necessary.
- Update Argus runs monthly/quarterly to provide internal valuations.
- Provide necessary financial analysis on potential lease transactions and report on client specific spreadsheets.
- Evaluates investments and investment returns based on discounted cash flows, return on cost, development spreads and third-party leverage; analysis also to include impact of value-added opportunities, leverage, tax, and joint venture structures.
- Assist Managing Director with tracking new lease opportunities and tracking active tenants in the market.
- Coordinates and oversees the due diligence process for acquisition and development opportunities
- Understands and keeps abreast of market dynamics and trends and seeks the input of research and other professionals in all analytic activities.
Qualifications
Required:
- Bachelor’s degree
- Minimum of 3 years of real estate, private equity or finance related experience
- Understand receivership, foreclosure, and bankruptcy regulations and laws, a plus
- Experienced and highly proficient in both Argus Enterprise and Excel.
Desired
- MBA, CPA or MS preferred.
- Minimum of 1 year of direct industrial real estate experience
- 3+ years of real estate, private equity, or finance related experience
- Experience working on opportunities in the Central and Eastern U.S. regions
- Demonstrated ability to operate independently. Strong written and verbal presentation skills that are directed to internal and external clients.
- Possess a developing knowledge of the process of investing in institutional quality real estate.
- Strong networking skills including but not limited to; working closely with the brokerage community, direct sellers of real estate and joint venture partners to identify investment opportunities.
- Experience presenting to senior investment professionals and/or investment committees and clients; strengthens existing relationships. Demonstrated consistently solid judgment regarding deals, people and situations.
- Development and joint venture underwriting experience preferred.
- Ability to work in a team context and under pressure of tight deadlines, uncertain information and with limited resources; ability to manage time efficiently and to adapt to changing priorities as set by members of the senior leadership team and portfolio management.
- Possesses strong knowledge of commercial real estate, economics, finance, valuation, and financing.
Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 140,250.00 - $165,000.00
Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at
1-888-365-5406 or email
HRServices@cushwake.com. Please refer to the job title and job location when you contact us.
INCO: “Cushman & Wakefield”
