Vice President, Asset Management
Location
Culver City, CA | United States
Job description
HCP is seeking a Vice President of Asset Management. The candidate will be involved in all aspects of asset management, from leasing to property management, development, entitlement, and construction and will work closely with internal and external stakeholders to help optimize the assets and maximize long-term value of some of our critical real estate, studio and operating assets.
The ideal candidate will have a relentless worth ethic, possess strong technical skills and quantitative reasoning, demonstrate a willingness to self-start and problem solve, and bring a deep passion for asset management, real estate, and operations oversight to the role. The candidate will have demonstrated increasing responsibility overseeing assets and optimizing their value. This highly visible position has tremendous long-term growth potential within HCP.
Requirements
Portfolio Management:
- Develop and implement strategic asset management plans for multiple office and/or studio properties, aligned with overarching business objectives.
- Actively monitor property performance, lease negotiations, tenant relations, and financial metrics to optimize revenue growth and operational efficiency.
- Identify opportunities for value creation through innovative approaches, capital improvements, and repositioning efforts.
Lease and Tenant Relations:
- Oversee lease negotiations, renewals, and new tenant onboarding.
- Collaborate closely with brokerage teams to devise and execute tenant attraction and retention strategies.
- Address tenant inquiries and concerns, maintaining positive relationships and high occupancy levels.
Financial Analysis and Planning:
- Develop and analyze complex financial models, budgets, and performance reports for executive decision-making and stakeholder engagement.
- Interpret property-level financial data, identify trends, and recommend corrective actions as required.
- Evaluate potential acquisitions, dispositions, and development opportunities to support portfolio growth.
Property Development and Entitlement:
- Work closely with the internal Development team to drive entitlement, development and construction initiatives, coordinating efforts with cross-functional teams including architects, contractors, and legal professionals.
- Ensure seamless execution of development projects, aligning with strategic objectives and maintaining and tracking project budgets and timelines.
Team Leadership and Collaboration:
- Provide guidance to a team of asset managers, property professionals, and specialists.
- Foster a collaborative and high-performance team environment, promoting effective communication and results-driven culture.
Market Expertise and Strategic Recommendations:
- Stay informed about industry trends, market dynamics, and regulatory changes influencing the real estate and office/studio sectors.
- Leverage insights to inform strategic decision-making and refine asset management strategies.
Salary: $135k-$150k + bonus
Benefits
- Complimentary on-site valet Parking
- Lunch ordered on-site 3x week
- Well stocked pantry with "healthy" snacks
- Regular social events/team building
- 100% employer paid benefits for employee
- Generous coverage for dependents
- Generous 401k
- Dog Friendly workplace
Job tags
Salary