NET LEASE ASSET MANAGER
Edgewood Properties Management, a Fargo, ND based private real estate investment company is seeking to hire an experienced, Fargo-based, Net Lease Asset Manager comfortable in office, industrial and retail properties located throughout the Central United States.
The successful candidate will join a dynamic and growing company with a substantial presence throughout the Central United States. The role is highly visible, both internally and externally, requiring skills and experience in leadership, management, and communication.
Responsibilities:
- Maximize the total return for each asset through implementing operational efficiencies and identifying value-add and revenue enhancement strategies
- Work closely with third party property managers, leasing agents, brokers, consultants, and attorneys to provide direction for, and oversight of, business plans, annual budgets, lease analysis and approvals.
- Actively participate in the negotiation of new leases and renewals both in-house and through third party leasing brokers
- Perform routine property inspections to ensure property and vacant suites are show-ready.
- Prepare monthly, quarterly, and annual portfolio reporting for review by the company’s senior management team
- Negotiate third party contracts and oversee implementation of capital improvement and ‘value-add’ projects identified within the portfolio.
- Work with the financial analyst staff to perform valuations of each asset on a quarterly and annual basis.
- Develop and implement strategic business plans for each asset that will govern its daily operations and position in the marketplace.
- Manage the capital improvement strategies and processes, including oversight of construction management activities.
- Perform ad-hoc analysis of potential issues while developing strategies to manage conflicts.
- Monitor regional economic and investment trends to identify changes that could impact real estate values and strategy.
- Work collaboratively with Company acquisition team members in evaluating potential investments and opportunities.
Knowledge / Skill Requirements:
- BA/BS degree in finance, real estate, or related field
- The candidate will likely have had a minimum of 5-7 years of commercial real estate asset management, principal-based leasing, and / or related experience.
- Experienced in financial analysis, understanding of asset level financial statements, and possess a demonstrated level of experience in lease management and metrics for office, retail, and industrial properties
- Knowledge of real estate accounting combined with strong analytical skills.
- Knowledge of design and construction process
- Must be highly organized, detail oriented, and able to manage multiple and concurrent projects to achieve goals.
- Comfortable in a collaborative team-oriented environment
- Exceptional communication and interpersonal skills
- Some travel required
Compensation:
We offer an excellent compensation package along with a chance to grow and develop with a well-capitalized, privately held, entrepreneurial investment group understanding that it is not just a job, but a career. For immediate consideration please submit your resume with salary requirements. Resumes submitted with salary requirements will be considered a priority.
Job Type: Full-time
Benefits:
- Dental insurance
- Health insurance
- Health savings account
- Paid time off
- Retirement plan
Schedule:
Experience:
- Construction: 1 year (Required)
- Commercial Asset Management: 1 year (Required)
Ability to Relocate:
- Fargo, ND 58102: Relocate before starting work (Required)
Work Location: In person