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Asset Management Associate - Seattle, United States - Bridge33 Capital
Description
JOIN OUR TEAMBridge33 Capitalis a rapidly growing, vertically integrated real estate private equity firm focused on open-air retail real estate.
The Company recently raised $458 MM in its latest opportunistic fund, marking a key milestone for the company.
We are looking to hire an
Asset Management Associate
who is instrumental in the Company's growth and is responsible for helping the Asset Manager develop and implement a strategy for an assigned portfolio of properties and help contribute to building the asset management platform.
Come make your mark as an integral part of Bridge33's dynamic, growing teamMISSIONWe build relationships and create value where others don't.
Better Together |
We're
Here to Serve |
We
crush our egos, and we have empathy for teammates |
We
stay positive |
We
embrace accountability, and we champion resultsESSENTIAL RESPONSIBILITIESResponsible for assisting the Asset Manager drive the asset's full lifecycle returns through intensive asset management and relentless pursuit of value-add.
Own the production of data and analysis of asset level cashflow models, budgets, in-place NOI, valuations, lease analysis, hold/sell analysis, and other various ad-hoc financial analysis for your assets.
Assist the Asset Manager in formulating and executing short-and long-term asset strategies while deploying the broader strategic objectives of the company.
Professionally and effectively present recommendations and performance information to senior management and related partners.Daily responsibilities include supporting the Asset Management team efforts to running asset level cashflows, providing financial analysis for decision making, onboarding new assets, and managing the business plan.
Prepare quarterly reporting to senior management, and work with internal Investments team to dispose of the asset.Support the Asset Management team to identify at-risk projects and propose corrective solutions to senior management.
Perform other related duties as assigned.
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.
Proficient with advanced excel modeling of financials and cash flows.
Understanding of commercial real estate cash flows, equity, debt, and drivers of returnsDemonstrated 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 managementSelf-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.WHAT WE OFFER:
Fast paced and dynamic work environment, including frequent interaction with the senior management teamFlexible time off policyCompany sponsored medical, dental and vision insuranceCompany paid life insuranceCompany paid short and long term disability insurancePaid parental leave401k plan with Company match11 paid holidays.
The annual base pay for this position is $81,191- $123,000 and the position is eligible for an annual discretionary bonus based on individual and company performance.
Bridge33 provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Bridge33 is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs and activities.
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