Location
Chino, CA | United States
Job description
Our client a vertically integrated developer owner & operator of retail assets with $1BAUM seeks an Asset Manager with 5 years experience in retail shopping centers to join their expanding team.
The Asset Manager is primarily responsible for developing & executing strategic plans to maximize each shopping center s financial performance collaborating with property managers to create cost savings & efficiency and increase profitability.
This is a fully onsite role based in Chino and our client provides excellent PPO for medical dental and vision 100% paid by the company.
A day in the life of the successful Asset Manager includes but is not limited to:
- Managing and overseeing the physical assets of the organization working alongside with property managers by planning organizing and directing operational activities
- Assisting in the development of strategic asset management plans
- Developing and executing strategic financial plans to optimize the financial performance of shopping centers
- Monitoring and analyzing property financials including rent rolls budgets and operational expenses; providing recommendations for enhancing property value and profitability
- Implementing effect ive budgeting and forecasting processes
- Analyzi ng vendor contracts and negotiating pricing including property management and service agreements to ensure operational efficiency
- Cult ivating and maintaining strong tenant relationships addressing tenant inquiries concerns and requests promptly. Overseeing lease negotiations renewals and relocations
- Superv ising property maintenance and ensure that facilities are wellmaintained and presentable
- Managing leases and vendors including transition of assets between contractors and service providers
- Overseeing capital improvement projects and renovations and coordinating with property management teams for property upkeep and enhancements
- Managing leasing efforts including identifying new tenants and negotiating lease agreements
- Optimizing occ upancy rates and minimize vacancies and collaborating with marketing teams to develop marketing strategies to attract and retain tenants
- Ensuring properties are compliant with local state and federal regulations
- Managing legal matters related to shopping center operations including lease disputes and propertyrelated issues
- Generat ing regular performance reports including financial analysis and property assessments
- Managin g the physical asset s maintenance budget by planning organizing and directing operational activities
- Developing implementing and maintaining quality assurance protocols
- Tracking market trends and assessing the impact on the shopping center portfolio
- Ensuring that all physical assets are in compliance with safety environmental and building codes
- Reviewing asset information such as warranties manufacturer warranties maintenance and service agreements and regulatory compliance
- Identifying and mit igate risks associated with shopping center operations; implementing crisis management plans and emergency response procedures
Requirements
The ideal Asset Manager candidate possesses the following skills & experience:
- Bach elors degree in business Real Estate Finance or a related field (Masters degree or relevant certifications a plus)
- Minimum of 5 years of commercial real estate and asset management experience with a focus on shopping centers
- Strong financial acumen and experience in budgeting and financial analysis
- Proficiency in lease negotiations and tenant relations
- Knowledge of local real estate laws and regulations
- Excellent communication negotiation and problemsolving skills
- Ability to work both independently and collaboratively as part of a team
- Strong organizational and project management skills
- Proficient in property management software and financial analysis tools
The ideal Asset Manager candidate possesses the following skills & experience: Bachelor s degree in business, Real Estate, Finance, or a related field (Master\'s degree or relevant certifications a plus) Minimum of 5 years of commercial real estate and asset management experience, with a focus on shopping centers Strong financial acumen and experience in budgeting and financial analysis Proficiency in lease negotiations and tenant relations Knowledge of local real estate laws and regulations Excellent communication, negotiation, and problem-solving skills Ability to work both independently and collaboratively as part of a team Strong organizational and project management skills Proficient in property management software and financial analysis tools
Job tags
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