Asset Management Associate - Real Estate Growth (Remote)

Innovative Industrial Properties, Inc.

San Diego (CA)

Hybrid

USD 110,000 - 150,000

Full time

9 days ago

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Job summary

Innovative Industrial Properties, Inc. is seeking a driven asset management professional to join its San Diego team.

The Associate will support leasing, dispositions, capital planning, and portfolio reporting, driving financial and operational performance of the portfolio. Ideal candidates have 5+ years in commercial real estate or related finance roles, with advanced financial modeling and Excel/PowerPoint proficiency.

Qualifications

Bachelor’s degree in finance, real estate, economics, accounting or a related field.
Minimum 5 years of experience in commercial real estate, asset management, finance, investment banking, private equity, or related industry
Strong understanding of commercial real estate, financial statements, and real estate underwriting
Advanced financial-modeling experience required
Experience with industrial and/or retail real estate, including familiarity with regulated industries or specialized-use assets, strongly preferred
Strong communication and presentation skills
Highly organized and detail-oriented, with the ability to manage multiple priorities and deadlines in a fast-paced, team-oriented environment
Ability to independently advance workstreams and self-review work
Expert working knowledge of Excel and PowerPoint

Responsibilities

Support leasing, dispositions, capital investment and asset-level business plans for the Company’s existing portfolio
Execute on underwriting efforts for prospective tenants and perform ongoing credit analysis of existing tenants
Build and maintain asset-level financial models, forecasts, periodic reporting
Maintain and update portfolio-level materials and key portfolio metrics, including assisting with quarterly earnings materials
Provide support for preparation of materials for the company’s Board of Directors and Management Investment Committee, as needed
Coordinate with Accounting, Legal, Property Management, Construction and other internal teams to execute asset-management initiatives
Perform industry, property, market and tenant research to support portfolio decisions
Provide other support on recurring or ad hoc projects as needed