Senior Associate - Asset Management

Asana Partners; Los Angeles (CA); On-site; USD 130,000 - 175,000; Full time

Job summary

Asana Partners is a retail real estate investment firm focused on creating value in vibrant neighborhoods. The company pursues repositioning, redevelopment, and disciplined leasing strategies to drive performance across its portfolio.

The role leads cross-functional teams, partners with the Investments Team on underwriting and acquisitions, and ensures rigorous financial reporting for investors. Excellent analytical and negotiation skills are essential in a fast-paced, results-driven environment.

Qualifications

• 5 - 7+ years of direct experience in retail real estate
• Deep understanding of retail real estate business planning, execution and valuation implications
• Proven track record in leading cross-functional teams and driving value creation

Responsibilities

• Drive value-creation opportunities through repositioning, redevelopment, and re-merchandising with strategic analysis
• Oversee third-party teams including leasing, property management, legal, due diligence, valuation, and lenders
• Set leasing and merchandising strategy goals for assets and coordinate with internal teams
• Partner with Investments on underwriting, due diligence, onboarding, and dispositions
• Monitor execution to meet quarterly valuation targets with strong variance management
• Ensure integrity of investment financial reporting for investor relations

Skills

Real estate

Leadership

Negotiation

Tools

Argus Enterprise

Excel modeling

Job description

Asana Partners is a retail real estate investment firm creating value in vibrant neighborhoods by leveraging vertically integrated capabilities and retail expertise. With more than $9 billion of neighborhood assets under management, the firm is active in growth markets throughout the United States and is driven to make a positive impact within communities.

Our distinctive company culture is the key to our success. We recruit high-performing, ambitious individuals who are entrepreneurial and eager to maximize their potential in a team environment. We value relationship building – both internally and externally – and view it as the foundation for creating value for our neighborhoods and generating strong results for our investors. Asana Partners is known for our proven, strategic approach; our sophisticated, collaborative team; and our high-quality portfolio. With offices in Charlotte, Atlanta, Boston, Columbia, Denver, Los Angeles, and New York, we were founded to be a firm that would provide career-long opportunities for our people and a long-term partner for our investors.

For additional information, visit www.asanapartners.com or follow @asanapartners.

Duties

• Drive value-creation opportunities through repositioning, redevelopment, and re-merchandising, grounded by strategic analysis such as internal rates of return and yield on cost, etc
• Oversee management of third-party business plan execution teams including leasing, property management, legal, due diligence, valuation, and lender partners
• Dictate goals for internal and external leasing partners on leasing strategy and retail merchandising strategy for asset business plans
• Manage up and down company org chart cross-functionally to achieve annual goals
• Partner with the Investments Team on underwriting potential acquisitions, post-contract investment due diligence and onboarding, and dispositions
• Monitor execution with strict discipline to meet or exceed quarterly valuation targets, with complete mastery of variance drivers
• Partner with the internal Investment Accounting team to ensure the integrity of investment financial reporting and analysis for investor relations

Requirements

• 5 - 7+ years of direct experience
• Deep understanding of retail real estate business planning, execution and valuation implications
• Extensive experience in real estate capital markets and asset disposition strategies
• Proven team leader with experience managing multiple cross functional teams
• Strong negotiation, critical thinking, and problem-solving skills
• Demonstrated track record of interpersonal relationship development
• Extensive Argus Enterprise Experience and Advanced Excel modeling experience
• Excellence in financial analysis and ability to synthesize ideas to Senior Management
• Strong work ethic, self-motivated, and capable of effective independent judgment
• Unwavering compliance with deadlines
• Acute attention to detail and passion for quality and excellence
• Strong organizational and process skills to manage multiple competing priorities

Salary Description $130,000-$175,000