Director, Asset Management

Cushman & Wakefield; New York; On-site; USD 145,000 - 170,000; Full time

Benefits offered by this job

Health insurance

Vision insurance

Dental insurance

Flexible spending accounts (FSA)

Health savings accounts (HSA)

Retirement savings plan

Life insurance

Disability insurance

Paid time off

Job summary

Cushman & Wakefield is seeking a Director of Real Estate Asset Management based in New York, NY, overseeing a nationwide portfolio for third‑party assets. You will own asset-level business plans from acquisition to disposition, lead a team of asset managers, and drive growth through new client mandates.

The role emphasizes strategic portfolio management, leasing leadership, and financial oversight across major asset classes, with a strong focus on performance, risk, and capital strategies.

Qualifications

• 10+ years real estate asset management experience with 3+ years in people management
• Proven track record managing large commercial or multifamily assets across U.S. markets
• Experience contributing to business development, client pitches, or capital-raising presentations
• Advanced financial modeling skills (Excel and Argus or similar) with budgeting and returns analysis
• Knowledge of lease structures, debt/equity structures, and regulatory requirements across jurisdictions
• Bachelor’s degree in real estate, finance, business, or related field

Responsibilities

• Develop 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 repositioning, redevelopment, refinancing, and disposition opportunities
• Lead consulting and due diligence for assets/portfolios
• Grow asset management business by pursuing new client mandates and portfolios
• Direct leasing strategy, pricing, tenant retention, and major lease terms

Skills

Asset management

Financial modeling

Leadership

Strategic planning

Education

Bachelor’s degree (real estate/finance/business)

Master’s degree or MBA (preferred)

Tools

Excel

Argus

Yardi

Job description

Job Title

Director, Asset Management

Job Description Summary

We are hiring a Director of Real Estate Asset Management to assist with the strategy, performance, and value creation for our nationwide portfolio of third-party managed real estate assets, and to help grow our asset management business. You will own asset-level business plans from acquisition through disposition, asset consulting assignments, and play a visible role in winning new asset management mandates.
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%)

Job Description

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

Required

• 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 [e-mail]. Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield”