Senior Asset Manager

KK&P

Denver (CO)

On-site

USD 145,000 - 185,000

Full time

14 days+

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Benefits offered by this job

Medical insurance
Dental insurance
401(k)
Paid maternity leave
Paid paternity leave

Job summary

KK&P is seeking a Senior Asset Manager in Denver, CO, to oversee a portfolio of commercial properties. The role entails developing business plans, leading budgeting processes, and liaising with stakeholders. Ideal candidates possess extensive experience in real estate finance and asset management, alongside strong communication and analytical skills. A commitment to sustainability is a plus, aligning with our mission of creating impactful urban developments.

Qualifications

  • 7+ years in real estate finance, asset management, or banking.
  • Advanced knowledge of real estate transactions and finance.
  • Exceptional customer service and interpersonal skills.

Responsibilities

  • Create business plans for each property addressing various aspects.
  • Lead annual budgeting processes and drive leasing strategies.
  • Conduct regular property evaluations and maintain compliance.

Skills

Real Estate Finance
Customer Service
Analytical Skills
Communication Skills

Education

Bachelor’s degree in finance, accounting, or related field
MBA

Tools

Excel for Financial Modeling

Job description

This range is provided by KK&P. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

About Urban Villages

Urban Villages Inc. (UV) is a mission-driven real estate development and investment company committed to creating sustainable and impactful properties. We believe in harmonizing planet with profit and delivering remarkable outcomes through innovative solutions. Our team thrives on being problem solvers and innovators, demanding rigor in all we do to deliver significant impact. As we continue to grow, we are looking for passionate individuals who share our commitment to these core principles.

UV has acquired, developed, and managed over $3 billion in transformative mixed-use real estate assets in multiple markets. Our portfolio of projects includes the largest net-zero energy housing project in the US (West Village at UC Davis), the revitalization of Denver’s original main street (Larimer Square), the first carbon-positive hotels in the US (Populus Denver and Populus Seattle), and one of the largest adaptive re-use LEED Platinum developments in the country (RailSpur Seattle). Today, Urban Villages has approximately $1B of mixed-use real estate assets under management and a $1.5B development pipeline with land control, as well as 35+ full time employees in three separate offices (Denver, Pittsburgh, Seattle). Our projects are among the most environmentally transformative, socially responsible, and financially sustainable developments seen in the industry today.

Position Overview

The Senior Asset Manager is an experienced and skilled professional who completely oversees a portfolio of commercial properties. The Senior Asset Manager works with the executive team and investors to understand the unique needs and goals of the properties and creates business plans to achieve the desired outcomes. The person in this role will bring industry-leading thinking and practices and will strive to propagate and reinforce these high standards. Within UV, this role serves as the primary representative of ownership and serves as a liaison with property management, leasing agents, tenants, accounting, lenders, and other stakeholders. Accordingly, the successful candidate must possess a strong understanding of real estate finance, excellent written and verbal communication skills, discreetness in handling sensitive information, be highly customer service oriented. The Senior Asset Manager will make frequent property visits to evaluate physical conditions, meet with tenants, and interact with local team members. This position reports to the Chief Financial Officer.

Your Approach

  • Purpose: You align with UV’s mission to build thriving urban neighborhoods that are dense, livable, climate-resilient, and infused with character and soul.
  • Placemaking: To you, asset management is more than maximizing valuations, sustainable cash-flows, and outstanding property management. It’s about creating extraordinary places filled with life and commerce.
  • Patience: You’re a deliberate, long-range manager of UV’s assets because the long-term view requires a different strategy and approach than yielding short-term returns.
  • Builder: You believe in building systems and processes that create clarity, drive efficiencies, and establish the foundations for operational excellence.
  • Storytelling: You’re able to tell compelling stories through financials and reports about how UV’s portfolio is doing, where it’s going, and what opportunities exist to make it even better.
  • Balance: You understand asset management fundamentals and best practices but you’re not afraid to innovate and consider new approaches and systems.
  • Growth: You’re ambitious, willing to roll up your sleeves, and be a key leader in transforming a growing company.

Key Responsibilities

  • Create and implement business plans for each property that address operational, marketing, leasing, debt, and capital project plans, and update these plans regularly as conditions evolve
  • Lead the annual budgeting process working closely with accounting and property management
  • Drive leasing strategy and manage leasing representatives, act as the owner representative in lease negotiations and decisions
  • Arrange debt financing, manage refinancing, communicate with lenders, and maintain compliance with loan covenants
  • Ensure compliance with requirements and deadlines set forth in leases, management agreements, loan agreements, operating/partnership agreements, loan documents, city/county/state laws, etc.
  • Create and oversee consistent and professional property and portfolio reporting, including internal updates/memoranda, formal investor and lender reports, cash management and capital calls, and an annual budgeting and business planning process
  • Assist in the evaluation, underwriting and negotiation of investment opportunities, as well as manage transaction teams
  • Complete regular onsite property reviews, and maintain deep knowledge of relevant market, submarkets, and property comps
  • Oversee property disposition strategy and execution
  • Maintain accurate Argus models for each asset, prepare detailed cash flow forecasts, and conduct analysis of proposed lease transactions
  • In conjunction with the legal team, oversee portfolio's insurance and risk management strategy
  • Oversee creation and upkeep of asset management database to quickly access critical data for all assets
  • Other tasks as necessary to support the Asset Management functions and UV’s corporate goals

Qualifications

  • 7+ years of experience in real estate finance, asset management, development, or banking, with a demonstrated track record of increasing responsibility and strategic impact
  • Strong drive for remarkable outcomes, with a proven track record of delivering high-quality work and exceeding expectations
  • Genuine commitment to sustainability and stewardship, aligning financial strategies with environmental and social responsibilities
  • Advanced knowledge and understanding of real estate transactions, finance, and accounting concepts
  • Expert-level skills in financial modeling in Excel and proficiency with financial reporting systems and data analytics tools
  • Exceptional analytical rigor and attention to detail with a clear focus on delivering measurable impact and driving tangible results for the company.
  • Excellent written and oral communication skills, with the ability to effectively present complex financial information to diverse audiences, including executive leadership and external stakeholders
  • Exceptional customer service and interpersonal skills, and strong ability to professionally interact with a broad range of clientele/relationships
  • Absolute discreetness in receiving and handling sensitive information
  • Bachelor’s degree in finance, accounting, or another relevant field is required and an MBA is strongly preferred
  • Ability to travel when needed, sometimes on short notice

The expected salary range for this position is $145-185K plus bonus opportunity. Full-time employee benefits include:

  • Medical, dental, vision, and life insurance
  • Short-term and long-term disability
  • Flex time off and paid holidays
  • Medical and parental extended leave

Urban Villages is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.

Seniority level
  • Seniority level
    Director
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance, Analyst, and Management

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Medical insurance

Vision insurance

401(k)

Paid maternity leave

Paid paternity leave

Disability insurance

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