Macdonald & Company | Asset Management Associate - ...

Macdonald and Company are proudly partnered with an entrepreneurial real estate investor and developer based in Scottsdale, Arizona, who are seeking a talented Asset Management professional to oversee their existing - and growing - portfolio of Industrial, Multifamily, and Retail assets.The firm are a tight-knit group of experienced real estate professionals, with a diverse offering that includes InvestmentsAcquisitions, Development, as well as a Lending platform.They own and operate an industrial portfolio, along with a small portion of multifamily, and retail sites that are under development.The RoleThe Asset Management Associate will play a critical role in the strategic oversight, operational performance, and financial success of a diverse portfolio of commercial and industrial real estate assets. This position requires a professional with experience in asset management and a proven ability to drive portfolio growth and profitability. The ideal candidate will have a strong financial background and the ability to navigate complex challenges while fostering collaboration across teams.Role ResponsibilitiesStrategic Management:Develop and execute asset-specific business plans and portfolio strategies to maximize value creation and achieve targeted returns.Evaluate market conditions and identify opportunities for growth, repositioning, or operational improvement.Financial Oversight:Monitor asset-level and portfolio-level financial performance, including NOI, cash flow, and ROI metrics.Conduct detailed financial analyses, including forecasting, budgeting, and variance analysis, to support strategic decisions.Operational Leadership:Oversee property managers, ensuring adherence to performance standards, operational efficiencies, and tenant satisfaction.Provide direction on lease negotiations, capital expenditure projects, and cost optimization strategies.Cross-Team Collaboration:Work collaboratively with internal teams, including acquisitions, finance, and property management, to align on goals and execution.Problem Resolution:Address performance issues proactively, including managing challenging conversations with subordinates, property managers, or other stakeholders.Resolve operational challenges with a hands-on approach as pliance and Reporting:Ensure compliance with legal, regulatory, and lender requirements across the portfolio.Prepare and present detailed asset management reports to senior leadership.Market and Industry Insight:Stay updated on market trends, competitive dynamics, and regulatory changes that could impact asset performance or strategy.Provide insights and recommendations to enhance portfolio positioning.On OfferCompetitive salary & bonus, medical benefits fully paid for by the employer.

Created: 2025-01-16