Retail Asset Manager
Our client is a prominent, stable, privately held real estate investment, development and management company with retail and multi-family properties in the Metro DC area and Southern California. The company specializes in the ownership, acquisition, development, and value enhancement of high-quality assets with a long-term ownership mindset. Currently, the company has an impressive $2+ billion portfolio split relatively evenly between retail and residential properties. It is an entrepreneurial, highly collaborative company with a positive, flexible culture working in a hybrid office work environment. The senior management team is hands-on, experienced and knowledgeable with a strong track record of success. They have positioned the company for continued growth and positive cash flow through a thoughtful/conservative approach towards expansion through improving the value of their current portfolio as well as acquisitions and development. The company is Metro accessible, located in downtown Bethesda.
Position
This newly created position is a central partner to the retail platform, reporting directly to the EVP of Retail Asset Management, and supports the strategic, analytical, and operational decision-making across the company’s retail portfolio. This unique role offers exposure to asset management, leasing, property management, construction, and capital markets, with a particular focus on value-add initiatives, redevelopment, re-leasing strategies, and portfolio performance analytics. This position will have high visibility to the senior management team. This is an excellent opportunity to learn from experienced team take on more with strong performance/results.
Responsibilities
Produce financial projections and feasibility analyses for redevelopment, value-add, and re-leasing initiatives. Coordinate and support asset strategies with senior management.
Prepare executive and owner level summaries and presentations on asset performance, opportunities, and risks to executive leadership.
Support and coordinate due diligence for redevelopment, acquisitions, dispositions, and capital transactions.
Lead underwriting and feasibility analysis, proformas, portfolio and tenant analytics, budgeting and forecasting, and cross-functional coordination.
Conduct market research related to rents, tenant sales, operating metrics, void analyses, and benchmarking.
Special Projects for various stakeholders in the company.
Qualifications
Minimum 5 years in commercial real estate required, with exposure to retail assets strongly preferred.
Quantitative Skillset including financial analysis, underwriting, asset management, development, project management, or a combination thereof.
Experience preparing financial projections, feasibility analyses, and portfolio reporting.
Familiarity with acquisitions, dispositions, refinancing, and other capital transactions is highly desirable.
Proven written, verbal, and interpersonal communication skills at all levels.
Experience with market research, tenant sales analysis, and benchmarking.
Advanced proficiency in Excel and comfort working with data platforms, market tools, and emerging technologies (including AI-enabled tools).
Compensation
Excellent compensation package includes competitive base salary, bonus, and meaningful benefits program.
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