Asset Management Associate
Seattle, WA, United States
Commercial Real Estate Company needs an Asset Management Associate!
Benefits:
Flexible time off policy
Company sponsored medical, dental and vision insurance
Company paid life insurance
Company paid short and long term disability insurance
Paid parental leave
401k plan with Company match
11 paid holidays
Responsibilities:
Understanding capital and investment structure and the relationship between property operations and investment performance.
Supporting budgeted results and the budget versus actual analysis.
Analyzing leases and rental rates and assisting in leasing decisions.
Monitoring overall leasing status and strategies for assigned assets.
Researching market trends and assisting with the development of investment plans in collaboration with the wealth manager.
Managing relationships with clients on behalf of the wealth manager.
Qualifications:
Between 2-4 years' experience in commercial real estate asset management or equivalent experience in the retail asset class, including the ability to assess the physical condition of a property, its marketability, and its management. Some experience with retail assets is strongly preferred.
Proficient with advanced excel modeling of financials and cash flows.
Understanding of commercial real estate cash flows, equity, debt, and drivers of returns
Demonstrated ability to work independently, take initiative, set priorities, follow through on assignments, assess changing conditions, and make recommendations with supporting analysis.
Strong problem-solving skills, particularly in the face of ambiguity.
Adept at presenting data-based analyses to management
Self-motivated with an effective interpersonal and collaborative working style, along with a strong work ethic and a "roll up your sleeves" attitude.
Exposure to managing third-party relationships such as attorneys, brokers, tenants, vendors, contractors, consultants, appraisers, etc.
Compensation: $85,000.00 - $110,000.00 per year
Pikemann is a recruiting company that was founded by three partners with over 40 years of experience providing contingent staffing and permanent placement services in the greater Seattle area. We partner with our clients to bring the right technology and finance candidates that meet their workforce needs.
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