senior asset manager - California, United States - Buzz Oates
1 month ago
Description
Buzz Oates is one of the largest commercial real estate owners/developers in California with over 30 million square feet of assets under management.
Over the last 75 years, the company has developed 100 million square feet of commercial real estate assets throughout out the Western United States with a primary focus in the Central Valley markets of California.
Within the Buzz Oates operating platform, Buzz Oates Management Services manages 400 tenant relationships and oversees portfolio leasing and transaction activities through both direct relationships and a strong network of broker relationships for its privately held portfolio.
Our investment philosophy centers on providing a single, integrated point of contact for development, construction, property management, asset management, and investment services.
The company is positioned for growth, with targeted new developments throughout the Western United States.We are committed to delivering exceptional returns for our investors and tenants while maintaining a strong focus on sustainable and responsible practices.
As we continue to expand our portfolio, we are seeking a highly skilled and experienced Commercial Real Estate Senior Asset Manager to join our team.
JOB SUMMARY
The Commercial Real Estate Senior Asset Manager will play a critical role in overseeing and optimizing the performance of our commercial property portfolio.
This senior-level position requires an individual with extensive experience in commercial real estate asset management, a proven track record of maximizing asset value, and the ability to lead a team of asset managers.
The Senior Asset Manager will be responsible for driving operational efficiency, developing strategic initiatives, and providing expert guidance to the organization's asset management division.
KEY RESPONSIBILITIES
Portfolio Performance Management:
Lead the overall performance management of the commercial real estate portfolio, including conducting comprehensive financial analysis, reviewing operating budgets, and monitoring key performance indicators (KPIs).
Strategic Planning:
Develop and execute long-term asset management strategies aligned with the company's investment objectives, identifying value-enhancing opportunities and risk-mitigation tactics.
Team Leadership:
Manage and mentor a team of asset managers, providing guidance, support, and fostering a collaborative and high-performing culture.
Investor Relations:
Serve as a key point of contact for investors, delivering transparent and timely updates on asset performance, market trends, and strategic decisions.
Asset Optimization:
Implement proactive strategies to optimize property values and income streams, such as repositioning, redevelopment, and lease restructuring.
Lease Negotiations:
Oversee lease negotiations with tenants and maintain strong relationships with key tenants to maximize occupancy rates and lease renewals.
Market Analysis:
Conduct in-depth market research and analysis to stay informed about market trends, demographics, and competitor activities, leveraging data-driven insights for decision-making.
Risk Management:
Identify and mitigate potential risks related to properties, ensuring compliance with all regulations, safety standards, and insurance coverage.
Financial Reporting:
Prepare and present regular performance reports to senior management and stakeholders, highlighting financial results, operational updates, and strategic recommendations.
Asset Dispositions:
Lead the evaluation and execution of property dispositions, collaborating with acquisitions and overseeing the due diligence process.
QUALIFICATIONS & REQUIREMENTS
Bachelor's degree in Real Estate, Finance, Business Administration, or a related field. A Master's degree is preferred.
Extensive experience 10 years) in commercial real estate asset management, with a successful track record of managing large portfolios and driving exceptional financial results.
Proven leadership experience, with the ability to inspire and lead a team of asset managers effectively.
Strong analytical and financial modeling skills, with proficiency in data analysis and market research.
Excellent negotiation, communication, and presentation skills to engage with internal and external stakeholders.
In-depth knowledge of commercial real estate markets, industry trends, and legal and regulatory requirements.
Proficiency in real estate management software and Microsoft Office suite.
Relevant certifications such as CPM, CCIM, or CFA are highly desirable.
COMPENSATION & BENEFITS
Join our dynamic team and take on a pivotal role in shaping the success of our commercial real estate ventures.
Job Type:
Full-time
Salary:
$130,000.00 – $160,000.00 per year
401(k)
401(k) matching
Employee assistance program
Flexible spending account
Health insurance
Life insurance
Paid time off
Referral program
Vision insurance
JOB SPECIFICATIONS
Physical Setting:
Office
Schedule: 8-hour shift
Supplemental Pay Types:
Bonus Pay
Commute/Relocate (Required): Reliable commute or planning to relocate before starting work to Sacramento, CA
Experience (Preferred): 10 Years
Work Location:
In-Person
APPLY TODAY
Please submit your resume and a cover letter outlining your experience as a Commercial Real Estate Senior Asset Manager and the value you can bring to our organization by clicking the button below.