Senior Associate, Asset Management Job at Keller Augusta, Boston, MA

RGZQRFdKZ0l6WkJ0czd0dHZLdklrcGJPeVE9PQ==
  • Keller Augusta
  • Boston, MA

Job Description

Company Overview:

Our client is a vertically integrated real estate investment, development and management firm that leverages over five decades of experience, the strength of its leadership team and employees and a diversified portfolio to deliver maximum value for its investors and tenants. Headquartered in Boston and investing across the United States, the firm prides itself on taking a nimble, collaborative approach to delivering best-in-class results from complex opportunities. With $12.8 billion in gross asset value invested through real estate equity, debt and fixed-income securities, the firm today owns a real estate portfolio of approximately 15.2 million square feet of healthcare and life science, industrial, retail, office and hospitality properties and more than 5,800 residential units across the United States.

Responsibilities:

Specific responsibilities will include, but are not limited to, the following:

  • Manage properties across full asset life cycle with an ownership mentality, focusing on value creation through diligent management of approved business plans.
  • Analyze operational performance and recommend adjustments to meet budgeted goals; alert team members to issues as they arise and work with the team to evaluate and implement solutions.
  • Develop and execute value-enhancing initiatives spanning redevelopment, renovation, property management, leasing, and reporting.
  • Provide management and analytical oversight of third-party team’s execution of extensive property renovation programs.
  • Oversee third-party relationships with property managers, joint venture partners, vendors, select tenants, and counsel, which includes regular travel to out of state investments to monitor business plans.
  • Collaborate with counterparts in Investments and Development to identify and pursue new acquisitions.
  • Guide all major transactions post-acquisition, including all refinancings or debt modifications as well as the ultimate disposition of assets, working with Finance, Legal, and other internal departments on such efforts.
  • Work with Investments, Property Management, and Development groups to coordinate due diligence efforts on new investments and ensure consistency and quality of underwriting assumptions.
  • Coordinate key risk mitigation efforts internally, including working with the Finance team to understand insurance programs, debt hedging strategies, real estate tax abatement and assessment process, and other key risk mitigation tools.
  • Work with the Senior Vice President, Asset Management to advance the multifamily reporting.
  • Develop budget projections and coordinate reforecasts and other reports as applicable.
  • Lead the quarterly valuation and review efforts for a portfolio of multifamily assets focusing on understanding asset performance and determining key assumptions for re-forecasting.
  • Ensure consistent, meaningful communication and coordination among stakeholders with particular focus on routine project updates to senior leaders.
  • Perform various fund management and administration activities including coordinating rollup of property financials to portfolio level.

Qualifications:

  • Bachelor’s Degree and a minimum of five (5) years of real estate experience, with a preference for experience within the multifamily asset class.
  • Understanding of multifamily industry (supply/demand, revenue and expense drivers, forecasting, reporting, leasing and marketing).
  • Ability to create detailed financial models demonstrating exceptional proficiency with Excel; proven comprehension of complex analyses (e.g. different debt structures, ground leases, waterfalls, etc.).
  • Ability to synthesize information, create structure for analyses, draw informed conclusions, and present to senior leaders.
  • Ability to solve practical problems and manage multi-variable situations with limited standardization.
  • Exceptional written and oral communication skills, with acute attention to detail.
  • Project management skills and the ability to multitask and prioritize workload efficiently and effectively with little direction.
  • Experience managing complex capital/redevelopment projects for an ownership group preferred.
  • Ability and willingness to travel up to 20% of the time.

Job Tags

Work at office,

Similar Jobs

Culver's

Entry Level Manager Job at Culver's

Whether were cooking the perfect ButterBurger to order or scooping up our freshest batch of the Flavor of the Day, we work hard to ensure you will always leave happy. It all goes back to our small-town Wisconsin roots. We know you have a lot to do and many options...

Max Mara Fashion Group

Client Services Assistant/Cashier, MaxMara Chicago Flagship Job at Max Mara Fashion Group

 ...TITLE : Cashier REPORTS TO: Store Manager OVERALL DUTIES: The Cashier is responsible for the general maintenance and overall organization of all point-of-sale transactions and to assist with the overall organization of the store. This role is up to 32 hours in... 

LaClare Creamery

Packaging Operator (Weekend Shift- three 12 hour shifts) Job at LaClare Creamery

Launch your career at LaClare Family Creamery! We are looking for a dependable, self-motivatedPackaging Operator to support our Weekend shift teamin crafting the highest quality of cheeses. Hours: 5:00am-5:00pm Friday, Saturday, and Sunday FULL Time & FULL Benefits...

Dignity Health

Patient Sitter Float III Job at Dignity Health

 ...***New! This position floats to 3 levels of care in 1-2 facilities, is paid a 20% differential (of the base hourly rate)!**A patient sitter associate is an entry level position assisting nurses in direct patient care activities. The position provides 24 hour coverage... 

Department of Transportation

TMC Operator - Graveyard Shift Job at Department of Transportation

 ...temporary and/or intermittent varied work shifts and required to respond to emergency situations and calls. The incumbent will work the Graveyard Shift. Special Requirements ~ The position(s) require(s) a Background Investigation be cleared prior to being hired....