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 field5+ years of asset management experience, ideally in an institutional settingStrong financial analysis and modeling skills; Argus experience preferredKnowledge of real estate operations, budgeting, and investment strategyExcellent communication and multitasking abilitiesPeople management experience is a plus