Senior Asset Manager

Goldrich Kest; Culver City (CA); On-site; USD 160,000 - 190,000; Full time

Job summary

A leading company in real estate development is seeking a Senior Asset Manager to optimize portfolio performance and execute business plans. This role involves strategic recommendations, collaboration with teams, and financial oversight. Candidates should possess strong analytical skills and a background in asset management.

Qualifications

• 5-7 years experience in multifamily or commercial asset management.
• Managerial experience preferred.

Responsibilities

• Implement strategies that maximize asset value.
• Prepare investor reports and assist in annual budgets.
• Manage property managers and oversee acquisitions.

Skills

Analytical

Communication

Financial Modeling

Education

Bachelor’s degree in real estate

Bachelor’s degree in business

Bachelor’s degree in finance

Tools

MS Excel

Power BI

Job description

Join to apply for the Senior Asset Manager role at Goldrich Kest.

Description

GK is recognized by the Los Angeles Business Journal as one of the Most Influential Family-Owned Businesses in Los Angeles. Goldrich Kest (GK) is a diversified real estate development and management group focused on expanding its portfolio of proven properties including multi-family, industrial, retail, commercial, and congregate care properties through acquisition and development, providing stable cash flow to partners and investors.

Position Details

• Salary Range: $160k - $190k (DOE)
• Work Schedule: Monday – Friday (8:00am – 5:00pm)
• Exempt

Job Summary

We are building a team of driven individuals who appreciate a result-oriented, collaborative, and casual environment. GK seeks a highly motivated and experienced Senior Asset Manager to execute business plans and achieve financial objectives for GK’s real estate portfolio. The role involves making operational and strategic recommendations, coordinating with various departments, and optimizing portfolio performance while communicating results to stakeholders.

Essential Functions

This description highlights key responsibilities including:

• Operational Strategies: Collaborate with in-house teams to implement strategies that maximize asset value and prepare financial projections.
• Performance Monitoring: Review performance regularly to identify inefficiencies and opportunities.
• Business Plan Strategies: Develop and adjust business plans, present recommendations to leadership.
• Capital Projects: Monitor scope, budget, and schedule for capital improvements.
• Reporting & Budgeting: Prepare investor reports, assist in annual budgets, and review property taxes.
• Benchmarking & Financing: Compare performance to benchmarks, evaluate financing strategies.
• Third-Party Oversight & Acquisitions: Manage property managers, develop underwriting for acquisitions, and oversee dispositions.
• Compliance & Market Monitoring: Ensure lender compliance, monitor market conditions, and write investor communications.

Additional Responsibilities

• Market analysis, risk evaluation, and other duties as assigned.

Knowledge, Skills & Abilities

• Experience in multifamily or commercial asset management (5-7 years), managerial experience preferred.
• Strong analytical, communication, and financial modeling skills.
• Ability to work independently, prioritize, and embody entrepreneurial spirit.

Qualifications

• Bachelor’s degree in real estate, business, or finance.
• Understanding of real estate investment concepts and proficiency in MS Excel and Power BI.

Additional Details

Travel required to properties across California and nationally. Work environment is primarily office-based with occasional field visits.

Equal Opportunity Employer. Applicants will be notified of their rights under federal employment laws.