Vice President of Asset Management

Bisnow; Boca Raton (FL); On-site; USD 90,000 - 120,000; Full time

Job summary

A leading company in commercial real estate seeks an Asset Manager to oversee a Class A office property portfolio in South Florida. The role involves strategic investment decision-making, property valuations, and managing external teams. The ideal candidate will have extensive experience in asset management and a strong educational background in business or finance.

Benefits

Unlimited vacation

Summer Fridays

Company-paid life and disability insurance

401(k) plan with company matching

Qualifications

• Minimum of 7 years’ experience in commercial real estate asset management.

Responsibilities

• Prepare and execute annual business plans and asset management initiatives.
• Supervise external professional teams including General Managers and Property Managers.
• Oversee quarterly reporting to investors and analyze variances.

Skills

Strategic Decision-Making

Problem-Solving

Education

Bachelor’s Degree in business, finance, real estate

Job description

Our SelectLeader's client has been active in the commercial real estate business for over 35 years. They have established a reputation as a premier owner, operator, and developer of office and mixed-use projects throughout the Southeast and Southwest United States. Over the years, they have acquired and managed over 165 properties, totaling 55 million square feet, with $7.0 billion invested.

The Asset Management role involves oversight and strategy implementation within the existing portfolio, handling dispositions, internal and external property valuations, and completing various reports. Responsibilities include strategic investment decision-making, loan surveillance, and investment performance reporting. The position oversees the asset management function for a Class A office property portfolio in South Florida.

Essential Responsibilities

• Prepare and execute annual business plans and asset management initiatives.
• Supervise and coordinate external professional teams, including General Managers, Property Managers, leasing agents, communication agencies, lawyers, and project managers.
• Oversee quarterly reporting to investors, analyzing and explaining variances.
• Collaborate with internal partners such as accounting, valuation, appraisal, real estate equity, risk management, and legal teams.
• Assist in data collection for quarterly and annual property valuation processes.
• Apply real estate industry best practices and problem-solving skills to work with diverse stakeholders.
• Oversee property management, construction, leasing, and marketing efforts to meet business plan objectives.
• Contribute to asset dispositions, acquisitions, and development activities as needed.
• Develop and implement goals for assigned assets aligned with business plans.
• Prepare property-specific business plans and approve operating budgets annually.
• Review and recommend assets to maximize owner returns.
• Build and maintain relationships with clients, tenants, brokers, appraisers, attorneys, and industry peers.
• Negotiate property-level agreements, including leases, amendments, listing agreements, and management contracts within approved guidelines.

Qualifications

• Bachelor’s Degree in business, finance, real estate, or related field.
• Minimum of 7 years’ experience in commercial real estate asset management, focusing on office properties.

Benefits Overview

• Competitive benefits package including unlimited vacation, summer Fridays, and nine company holidays.
• Company-paid life and disability insurance.
• Company-subsidized medical, dental, and vision insurance.
• Voluntary insurance options such as supplemental life, pet, critical illness, accident, hospital, legal, and cancer insurance.
• 401(k) plan with company matching.

We are an Equal Opportunity Employer committed to diversity at all levels.