Director, Asset Management

Cushman & Wakefield U.S., Inc.; New York (NY); On-site; USD 145,000 - 170,000; Full time

Benefits offered by this job

Health insurance

Vision and dental insurance

Retirement savings plans

Flexible spending accounts

Health savings accounts

Life and disability insurance

Job summary

Cushman & Wakefield in New York is seeking a Director of Real Estate Asset Management to lead portfolio strategy, performance, and business development across U.S. markets.

You will manage budgets, capital strategies, and reporting to senior leadership and investors, while guiding leasing, operations, and capital projects with a senior team. The role requires deep experience in asset management, financial modeling, and client engagement, with a track record of growing client mandates and

Qualifications

• 10+ years of real estate asset management, investment, or related experience, including 3+ years managing people
• Proven track record managing large commercial or multifamily assets across multiple U.S. markets
• Experience contributing to business development, including client pitches, proposals, or capital-raising presentations
• Advanced financial modeling skills (Excel and Argus or similar), with strong command of underwriting, budgeting, and returns analysis
• Working knowledge of lease structures, debt and equity structures, and regulatory requirements across multiple jurisdictions
• Bachelor’s degree in real estate, finance, business, or a related field
• Preferred: Master’s degree or MBA (e.g., MSRE, MBA with a real estate focus)
• Experience with institutional investors, JV partners, or fund reporting
• Familiarity with property and portfolio management software (e.g., Argus, Yardi)

Responsibilities

• Portfolio strategy and performance leadership across U.S. markets
• Develop and execute asset-level business plans, hold/sell analyses, and capital strategies to maximize NOI and total return
• Oversee budgets, reforecasts, and variance reporting; present portfolio performance to leadership and investors
• Identify and act on repositioning, redevelopment, refinancing, and disposition opportunities
• Lead consulting and portfolio due diligence assignments
• Grow asset management business by pursuing new client mandates and portfolios
• Participate in pitches, RFPs, and finalist presentations for new assignments
• Build relationships with institutional investors, owners, lenders, and referral partners
• Contribute to proposals, fee structures, onboarding plans, and transition strategies
• Direct leasing strategy, pricing, tenant retention, and major lease terms
• Manage property management and leasing brokers; hold third-party partners to standards
• Oversee capital projects, tenant improvements, and construction budgets
• Partner with capital markets and finance on debt management and lender relations
• Monitor market trends, tenant credit, insurance, and regulatory exposure
• Support acquisitions and underwriting with operational insight
• Lead, coach, and develop a team of asset managers and analysts
• Build relationships with investors and local stakeholders
• Improve reporting, systems, and processes across asset management

Skills

Asset management

Financial modeling

Underwriting

Budgeting

Argus

Yardi

Lease structures

Education

Bachelor’s degree in real estate, finance, business

Master’s degree or MBA

Tools

Argus

Yardi

Job description

Job Title: Director, Real Estate Asset Management

Location: New York, NY; portfolio assets located across the United States

Reports to: Patrick O’Reilly, Senior Managing Director

Portfolio Make-up: All major asset classes

Travel: 20%

Base salary: $170,000 (Target – 35%)

Key Responsibilities

• Portfolio strategy and performance
• Develop and execute asset-level business plans, hold/sell analyses, and capital strategies that maximize NOI, cash flow, and total return across U.S. markets
• Oversee budgets, reforecasts, and variance reporting; present portfolio performance to senior leadership, and investors
• Identify and act on repositioning, redevelopment, refinancing, and disposition opportunities
• Lead consulting and property/portfolio due diligence assignments

Business development and growth

• Help grow the asset management business by identifying, pursuing, and winning new client mandates and portfolios
• Participate in pitches, RFP responses, and finalist presentations, representing the firm’s asset management capabilities and track record
• Build and maintain relationships with institutional investors, owners, lenders, and referral partners to generate new opportunities
• Contribute to proposals, fee structures, onboarding plans, and transition strategies for new assignments

Leasing and operations

• Direct leasing strategy, including pricing, tenant retention, and approval of major lease terms and concessions
• Manage property management and leasing brokers, holding third-party partners to clear performance standards
• Oversee capital projects, tenant improvements, and construction budgets in partnership with development and construction teams

Finance and risk

• Partner with capital markets and finance on debt management, covenant compliance, and lender relationships
• Monitor market trends, tenant credit, insurance, and regulatory exposure across the markets where we own or manage assets
• Support acquisitions and underwriting with operational insight and post-closing transition planning

Leadership

• Lead, coach, and develop a team of asset managers and analysts; set priorities, goals, and standards
• Build strong relationships with investors, tenants, brokers, and local stakeholders in each market
• Improve reporting, systems, and processes across the asset management function

Qualifications

• 10+ years of real estate asset management, investment, or related experience, including 3+ years managing people
• Proven track record managing large commercial or multifamily assets across multiple U.S. markets through leasing, repositioning, and capital events
• Experience contributing to business development, including client pitches, proposals, or capital-raising presentations
• Advanced financial modeling skills (Excel and Argus or similar), with strong command of underwriting, budgeting, and returns analysis
• Working knowledge of lease structures, debt and equity structures, and regulatory requirements across multiple jurisdictions
• Bachelor’s degree in real estate, finance, business, or a related field
• Preferred: Master’s degree or MBA (e.g., MSRE, MBA with a real estate focus)
• Experience with institutional investors, JV partners, or fund reporting
• Familiarity with property and portfolio management software (e.g., Argus, Yardi)

What you bring

• Sound judgment on complex, high-stakes asset decisions
• Polished, persuasive communication with executives, investors, prospective clients, and tenants
• A coaching style that builds strong, accountable teams

Compensation and Benefits

• The base salary for this role is $170,000, with 35% bonus.
• 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: $ 144,500.00 - $170,000.00
• 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 [e-mail].
• Please refer to the job title and job location when you contact us.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries.

In 2025, the firm reported revenue of $10.3 billion across its core service lines of services, Leasing, Capital markets, and Valuation and other.

Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture.

For additional information, visit www.cushmanwakefield.com