Strategic Asset Turnaround Leader

Greystone & Co II LLC; West Albany (NY); On-site; USD 200,000 - 250,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

Greystone, a leading national commercial real estate finance firm, seeks a Director of Strategic Asset Resolution to maximize value across its real estate portfolio, focusing on underperforming and distressed assets. The role spans asset management and value creation through complex workouts and capital strategies.

The candidate will evaluate opportunities, structure creative turnarounds, and drive execution from evaluation through closing, reporting to senior management and investment

Qualifications

• Ideally 15+ years of commercial real estate experience in asset management, principal investing, development, special situations, restructuring, workouts, or related disciplines.
• Proven track record creatively turning around troubled or underperforming real estate assets.
• Demonstrated ability to evaluate complex real estate opportunities and identify development, redevelopment, repositioning, or other value-creation potential.
• Strong financial engineering and recapitalization experience, including complex real estate capital structures.
• Significant workout and negotiation experience with lenders, special servicers, investors, partners, and other sophisticated counterparties.
• Proven deal maker with the ability to structure, negotiate, and execute complex transactions.
• Deep understanding of real estate operations, development economics, debt and equity structures, valuation, and capital allocation.
• Strong judgment, financial and analytical skills, executive presence, and ability to communicate effectively with senior management and investment committees.
• Entrepreneurial, driven, creative, decisive, commercially minded, and highly accountable.

Responsibilities

• Asset Strategy & Value Creation lead special situations asset management across Grestone's real estate portfolio.
• Identify challenged assets early and develop strategies to improve performance, restructure, recapitalize, reposition, sell, or maximize value.
• Identify opportunities within existing properties for development, redevelopment, repositioning, or other value creation.
• Develop and execute turnaround strategies through operational improvements, leasing, capital investment, development, changes in use, financing, or other solutions.
• Maintain accountability for asset-level strategy, performance, capital needs, and results.
• Evaluate new real estate opportunities including distressed investments, development and redevelopment opportunities, recapitalizations, and other special situations.
• Assess real estate, business plan, capital requirements, risks, potential returns, and alternative transaction structures; recommend pursuit strategy.
• Operate as a deal maker, structuring transactions with debt, equity, joint ventures, new capital, or other solutions.
• Drive opportunities from evaluation through structuring, negotiation, approval, and execution.
• Lead complex workouts, restructurings, and recapitalizations from strategy through resolution.
• Negotiate with lenders, special servicers, JV partners, investors, borrowers, guarantors, and other stakeholders.
• Engineer complex real estate capital structures, including debt, preferred equity, JV equity, guarantees.

Job description

Greystone, a leading national commercial real estate finance firm, seeks a Director of Strategic Asset Resolution to maximize value across its real estate portfolio, focusing on underperforming and distressed assets. The role spans asset management and value creation through complex workouts and capital strategies.

The candidate will evaluate opportunities, structure creative turnarounds, and drive execution from evaluation through closing, reporting to senior management and investment