Senior Asset Manager

BH Properties; Los Angeles (CA); On-site; USD 150,000 - 175,000; Full time

Job summary

An established industry player in commercial real estate is seeking a Senior Asset Manager to lead operations in Southern California. This role involves maximizing asset value through strategic oversight, financial analysis, and collaboration with various stakeholders. The ideal candidate will have extensive experience in asset management, strong analytical skills, and a proven ability to manage multiple projects. Join a dynamic team that values creativity and efficiency, and take the next step in your career with a company that prioritizes growth and development in a supportive environment.

Qualifications

• 7-10+ years in commercial real estate asset management and leasing.
• Strong financial analysis and lease management experience required.

Responsibilities

• Maximize returns through operational efficiencies and value-add strategies.
• Negotiate leases and oversee property management activities.

Skills

Commercial Real Estate Asset Management

Financial Analysis

Lease Management

Communication Skills

Analytical Skills

Project Management

Education

BA/BS in Finance or Real Estate

Graduate Degree (preferred)

Tools

Yardi

MS Office 365

MS Excel

Argus

Job description

Company

BH Properties (the ‘Company’) is a privately held commercial real estate investment firm focused on value-add acquisitions in retail, office, industrial, and multi-family properties located throughout the Southeast and Western United States along with investments in distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, Phoenix, Dallas, Houston, and Seattle. Founded thirty (30) years ago and operating with no outside capital partners allows us advantages in moving quickly and creatively in structuring acquisitions to satisfy seller needs. Today, the Company owns and operates approximately 10M square feet across 18 states.

SENIOR ASSET MANAGER – LOS ANGELES

POSITION
The Senior Asset Manager will be primarily responsible for overseeing the operations of assets in Southern California along with participating in future acquisitions the Company may be considering. The successful candidate will have worked in a principal-based environment with an investor acumen approach to maximizing cash flow and increasing value. Demonstrated experience in managing retail leasing teams and understanding tenant mix along with representing the Company in a ‘front facing’ role within the community is integral.

The role is highly visible, both internally and externally, requiring skills and experience in leadership, management, and communication.

LOCATION
Los Angeles, CA

REPORTING
The Senior Asset Manager will report to the Executive Managing Director of Operations and President.

Responsibilities

• Maximize the total return through implementing operational efficiencies and identifying value-add and revenue enhancement strategies
• Work closely with third party property managers, leasing agents, brokers, consultants, and attorneys to provide direction for, and oversight of, business plans, annual budgets, lease analysis and approvals
• Actively participate in the negotiation of new leases and renewals both in-house and through third party leasing brokers
• Perform routine property inspections to ensure property and vacant suites are show-ready
• Maintain and expand relationships with our existing tenants and develop relationships with new prospective tenants
• Prepare monthly, quarterly, and annual portfolio reporting for review by the company’s senior management team
• Negotiate third party contracts and oversee implementation of capital improvement and ‘value-add' projects
• Work with the financial analyst staff to perform valuations on a quarterly and annual basis
• Manage the capital improvement strategies and processes, including oversight of construction management activities
• Perform ad-hoc analysis of potential issues while developing strategies to manage conflicts
• Monitor regional economic and investment trends to identify changes that could impact real estate values and strategy
• Work collaboratively with Company acquisition team members in evaluating potential investments and opportunities

Knowledge / Skill Requirements:

• BA/BS degree in finance, real estate, or related field with a strong record of academic achievement; graduate degree preferred
• The candidate will likely have had a minimum of 7-10+ years of commercial real estate asset management, principal-based leasing, and/or related experience.
• Experienced in financial analysis, understanding of asset level financial statements, and possess a demonstrated level of experience in lease management and metrics for retail and office assets
• Knowledge of real estate accounting combined with strong analytical skills.
• Knowledge of design and construction process
• Experienced in Yardi, MS Office 365 (MS Teams & other applications), MS Excel, Argus is a plus
• Must be highly organized, detail oriented, and able to manage multiple and concurrent projects to achieve goals.
• Comfortable in a collaborative team-oriented environment
• Exceptional communication and interpersonal skills
• 30% Travel

Compensation:
$150,000-$175,000 Base
We offer an excellent compensation package along with a chance to grow and develop with a well-capitalized, privately held, entrepreneurial investment group understanding that it is not just a job, but a career. For immediate consideration please submit your resume with salary requirements. Resumes submitted with salary requirements will be considered a priority.

Seniority level
Director

Employment type
Full-time

Job function
Finance and Sales

Industries
Internet Publishing