Asset Management Associate — Real Estate Growth (SF)

Jamestown Management Corporation; San Francisco (CA); On-site; USD 145,000 - 165,000; Full time

Benefits offered by this job

PTO & holidays

Health insurance

Dental & vision insurance

Life & disability insurance

One Medical membership

401k with match

Wellness incentives

Calm membership

Commute subsidies

Job summary

Jamestown is recruiting for an Asset Management Associate in our San Francisco office. The Associate will support Asset Managers to maximize real estate value by developing and executing business plans on assigned projects, and by handling client engagements related to asset management, development, and advisory work.

Role blends advisory and execution tasks; demands organization, responsiveness, and ability to navigate complex structures within a design-focused real estate firm.

Qualifications

• Minimum 4-5 years of relevant asset management (acquisitions or dispositions) experience.
• Working knowledge of real estate and financial analysis, including advanced Excel modeling and proficiency in Argus; or
• Any combination of education, training, and experience which provides the required knowledge, skills, and abilities to perform the essential functions of the job.

Responsibilities

• Build and maintain financial models in Excel and Argus as directed by senior professionals for existing portfolio assets.
• Report on property performance and evaluate quarterly appraisals.
• Produce annual strategic business plans and work with property teams to produce annual budget and future cashflow projections for existing portfolio assets.
• Assist with the lease negotiation process for prospective tenants and conduct lease analyses.
• Evaluate the feasibility and upside opportunity associated with potential value-add projects at the property.
• Contribute to the production of Investment Committee memoranda.
• Review and abstract governing documents, including partnership agreements, loan agreements, leases or other legal documents, as requested.
• Assist in conducting market research as requested, including building lease and sales comparable spreadsheets and maps.
• Assist in the production and execution of marketing events held at a portfolio property.
• Create and maintain network file folders, and organize pertinent asset-related documents within
• Solicit bids and coordinate service work from third-party vendors and service providers
• Accompany senior professionals on various trips to existing portfolio assets
• If applicable, work with senior professionals on capital transactions including the financing/refinancing or disposition of an existing portfolio asset

Skills

Asset management experience

Financial analysis

Excel modeling

Tools

Excel

Argus

Job description

Jamestown is recruiting for an Asset Management Associate in our San Francisco office. The Associate will support Asset Managers to maximize real estate value by developing and executing business plans on assigned projects, and by handling client engagements related to asset management, development, and advisory work.

Role blends advisory and execution tasks; demands organization, responsiveness, and ability to navigate complex structures within a design-focused real estate firm.