RETS Associates on behalf of our client, who has deployed over $1 billion of equity in commercial real estate including multifamily, office and industrial across their target markets, is seeking an experienced AVP, Asset Management in Los Angeles, CA to oversee a portfolio of multifamily and/or industrial properties. This role primarily focuses on asset management, with additional involvement in acquisitions, dispositions, and corporate approval processes.
Key Responsibilities:
- Oversee third-party property managers and execute business plans across assigned assets
- Monitor performance against budgets and investment proformas; prepare monthly and quarterly reports
- Conduct property inspections and recommend strategic improvements
- Manage property-level cash flow, profitability, and quarterly hold/sell analyses
- Support acquisitions and dispositions through financial modeling, due diligence, and proforma development
- Collaborate with JV partners, internal teams, and expatriate staff for corporate approvals
- Guide and mentor junior team members
Qualifications:
- Bachelor's degree in Finance, Real Estate, or related field
- 5+ years of asset management experience, ideally in an institutional setting
- Strong financial analysis and modeling skills; Argus experience preferred
- Knowledge of real estate operations, budgeting, and investment strategy
- Excellent communication and multitasking abilities
- People management experience is a plus