Retail Asset Manager

Asset Manager - RetailPOSITION SUMMARY:The Retail Asset Manager is responsible for strategically managing value-add retail real estate investments to maximize property performance, asset values and investment returns.ESSENTIAL DUTIES AND RESPONSIBILITIES:Responsible for executing strategic goals at the property level, such as but not limited to: leasing, operating budgets, implementation of operating/capital plans, and comparative market studiesManage joint venture structure relationships while executing the business plan for the assigned portfolioDevelop a thorough understanding of the real estate markets in which portfolio assets are located In collaboration with team members, prepare, review and oversee the execution of the annual business plans for each property including development of leasing objectives, operating and financial budgets, and capital projectsActively participate in the leasing process, which includes guiding property teams in strategy and approving all LOIs, new leases, renewals and redevelopmentsWhere necessary, identify and oversee third party property managers, leasing agents, consultants, attorneys, vendors, and subcontractors for the successful operation of each assetPeriodically visit and tour assigned assets, attend trade shows nationally, meet with brokers and tenants and seek out new businessWork in conjunction with the acquisition and disposition departments during the life of the assetManage due diligence process on new acquisitionsMaster new markets as acquisition targets are identified by providing market assessmentsSupport in the disposition process as asset managed projects are monetizedPerform other duties and responsibilities as assignedThe duties and responsibilities listed above are representative of the nature and levels of work assigned and are not necessarily all-inclusive.EDUCATION/EXPERIENCE:Bachelor’s degree in real estate, finance, economics, or related field is preferred7+ years of experience in the retail real estate sectorTechnology:Working knowledge of Argus Enterprise, Procore, Measurabl and VTS a plusDeep “hands on” experience at the asset level including leasing and asset management negotiating skillsKnowledge into retailers’ market position, credit profiles, expansion plans, and co-tenancy preferencesSKILLS/COMPETENCIES:Support ESG initiatives at the asset level and work with JV partners to comply to policies Creative, opportunistic, and a very positive attitude, with an eagerness to solve problemsA strong work ethic, high integrity, and well-organized mindsetAbility to thrive in a highly demanding, entrepreneurial & fast-paced environmentA top performer, with a proactive approach who has a "doer" & problem-solver mentalityIndependent, professional, committed, forceful but diplomatic, with ability to develop within the business to take on more responsibilityDisplay a wide range of interpersonal skills and initiative to resolve difficult issues as and when they ariseExcellent written / verbal communication and presentation skills are essential to synthesize information, make assumptions, and present key findings, conclusions, and recommendationsStrong attention to detail and accuracy along with ability to multitask and prioritizeTeam player who demonstrates the ability to collaborate with employees throughout all levels of the organizationTRAVEL: Involves approximately 25% travel.Position is based in New York City The base salary for this position may range from $175,000-$200,000 with eligibility for an annual discretionary bonus. Individual compensation varies based on job-related factors, including business needs, experience, level of responsibility and qualifications. DRA Advisors offers a competitive benefits package, 401k employer match, PTO, etc.