Senior Associate, Asset Management Hoboken, New Jersey

Faropoint Israel Ltd.; Hoboken (NJ); On-site; USD 70,000 - 110,000; Full time

Job summary

An ambitious and motivated individual is sought for the Senior Associate, Asset Management position at a fast-growing industrial real estate private equity firm. This role involves overseeing a diverse portfolio of properties and requires a strong background in property management. The ideal candidate will have a minimum of 4-6 years of relevant experience and a Bachelor's degree in a related field. Join a dynamic team where your contributions will have a significant impact on the company's growth and success in the real estate market.

Qualifications

• 4+ years of experience in Asset/Property Management.
• Proficiency in Microsoft Office, especially Excel.
• Knowledge of the NJ market.

Responsibilities

• Manage administrative functions of the asset management team.
• Conduct transaction analysis and due diligence for new acquisitions.
• Prepare and code invoices for PM/AM approval.

Skills

Property Management

Asset Management

Microsoft Office

Analytical Skills

Financial Knowledge

Education

Bachelor's Degree in Real Estate

Bachelor's Degree in Finance

Bachelor's Degree in Accounting

Tools

Excel

Job description

These are the four pillars that have made our group among the fastest-growing industrial real estate private equity companies, and one of the 50 largest owners in the U.S.

Job Summary

The Faropoint Investments Team is expanding, and we are looking for an ambitious and motivated Senior Associate, Asset Management to join our Hoboken, NJ HQ and look after our growing portfolio of Northeast properties. The ideal candidate would a minimum of 4-6 years of Property and/or Asset Management experience, looking to expand their knowledge and experience to Real Estate Private Equity.

Responsibilities

• Perform the administrative functions of the property management/asset management team. This may include: phone support, written reports, updating tech platforms, record keeping, and tenant relations.
• Assist with conducting transaction analysis and due diligence workflows for new acquisitions and onboarding new properties.
• Maintains properties by scheduling ongoing routine maintenance and enforcing rules of occupancy.
• Develop analytical tools to allow leadership to better understand the state of the portfolio and streamline work processes. Assist in lease administration such as maintaining tenant contacts, tracking insurance, and tracking property inspections.
• Coordinate maintenance technicians and construction management schedules. Prepare and coordinate bid proposals, service contracts, and invoices. Assist in scheduling tenants’ maintenance requests.
• Prepare and code invoices for PM/AM approval. Manage and assist in accounts receivable and accounts payable.
• Assist with monthly and quarterly reporting to investors.

Required Qualifications

• Ideal candidate will have 4+ years of experience as an Asset/Property Manager in the industrial/commercial real estate industry.
• Bachelors Degree in Real Estate, Finance, Accounting, or related field.
• Proficiency in Microsoft Office including advanced Excel skills.
• Knowledge of the NJ market.
• Ability to give and take direction and to interface with decision makers in a professional manner while maintaining confidentiality.
• High learning agilitywith an ability tomanage multiple priorities while workingin a fast-paced and dynamic environment.
• Demonstratesattention to detail and a high level of accuracy.
• Self-starter who independently drives projects to completionby self-sourcing information and leveraging all available resources.
• Willingness to travel 10-15% of the time.
• Knowledge of finance concepts including an understanding of financial statements.
• Personal and professional integrity of the highest order required.

Equal Opportunity Employer

Faropoint is proud to be an Equal Opportunity Employer. We value diversity, and we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage, support, and respect the different skills and experiences represented within our workforce.

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