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Asset Preservation Jobs (NOW HIRING)

Bisnow

Senior Construction Project Manager

San Mateo, CA

$150K - $200K/yr

Support long-term capital planning efforts and provide recommendations for asset preservation and operational improvements. * Build and maintain strong relationships with contractors, subcontractors ...

Bisnow

Senior Construction Project Manager

San Mateo, CA

$150K - $200K/yr

Support long-term capital planning efforts and provide recommendations for asset preservation and operational improvements. * Build and maintain strong relationships with contractors, subcontractors ...

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Asset Preservation information

What are some common challenges faced in an Asset Preservation role, and how can new hires effectively overcome them?

One of the most common challenges in Asset Preservation is managing properties across multiple locations while ensuring compliance with both client and regulatory standards. New hires may find it demanding to coordinate maintenance, repairs, and inspections within tight timelines. To overcome these challenges, it's helpful to develop strong organizational skills, communicate proactively with contractors and team members, and stay up to date on changing industry regulations. Leveraging digital property management tools and maintaining detailed documentation can also improve efficiency and accuracy in this role.

What are the key skills and qualifications needed to thrive in Asset Preservation, and why are they important?

To thrive in Asset Preservation, you need strong analytical skills, attention to detail, and a background in finance, real estate, or property management—often supported by relevant certifications or degrees. Familiarity with property management software, risk assessment tools, and compliance systems is typically required. Excellent communication, problem-solving abilities, and adaptability help professionals effectively manage assets and address client needs. These skills are crucial for safeguarding asset value, ensuring regulatory compliance, and maximizing returns for stakeholders.

What is asset preservation?

Asset preservation refers to the process of protecting and maintaining the value and condition of assets, such as real estate, equipment, or investments. In the context of property management or real estate, asset preservation specialists are responsible for securing, repairing, and maintaining properties, especially those that are vacant or foreclosed, to prevent deterioration and comply with legal or lender requirements. This may include tasks like winterizing homes, repairing damages, removing debris, and performing regular inspections. The goal is to safeguard the asset’s value for owners, lenders, or investors.

What is the difference between Asset Preservation vs Asset Management?

AspectAsset PreservationAsset Management
CredentialsCertifications like CFP, CPA, or real estate licensesCertifications like CFA, CFP, or CPA
Work EnvironmentFinancial institutions, real estate firms, or legal settingsFinancial firms, investment companies, or corporate settings
Industry UsageFocuses on protecting and maintaining asset valueFocuses on acquiring, managing, and growing assets

Asset Preservation and Asset Management are related financial roles but differ in focus. Asset Preservation emphasizes protecting and maintaining the value of assets, often involving legal or financial strategies. Asset Management involves actively managing and growing assets through investments and strategic planning. Both roles require similar credentials and are used in overlapping industries, but their core objectives differ significantly.

What are the most commonly searched types of Asset Preservation jobs? The most popular types of Asset Preservation jobs are:
What job categories do people searching Asset Preservation jobs look for? The top searched job categories for Asset Preservation jobs are:
Asset Preservation jobs near you
Corporate Director of Engineering

Corporate Director of Engineering

Coral Hospitality

Atlanta, GA

Full-time

Posted 17 days ago

Job description

Corporate Director of Engineering & Property Operations

Location: Atlanta, GA area, remote office (with regular travel to portfolio properties)
Reports To: President

Position Summary

Coral Hospitality, a leading full-service hotel and club management company based in Naples, FL is actively searching for a Corporate Director of Engineering and Property Operations. This position will be based in the Atlanta, GA area and will predominantly support our portfolio of hotels in Georgia. The Corporate Director of Engineering & Property Operations provides strategic oversight of engineering, facilities management, maintenance programs, capital planning, and physical asset preservation across a portfolio of hotel properties.

This executive leader is responsible for protecting and enhancing asset value through proactive maintenance strategies, capital planning, energy management, life-safety compliance, and operational infrastructure excellence. The role partners closely with General Managers, Chief Engineers, ownership groups, and development teams to ensure properties operate safely, efficiently, and in alignment with long-term asset strategies.

Key Responsibilities

Engineering & Facilities Leadership

  • Provide portfolio-wide leadership to Chief Engineers and property maintenance teams.
  • Develop and standardize preventive maintenance programs across all hotels.
  • Establish engineering SOPs, safety protocols, and operational benchmarks.
  • Conduct regular property inspections, engineering audits, and facilities condition assessments.
  • Implement technology solutions (CMMS systems, building automation systems, energy management platforms).

Asset Preservation & Capital Planning

  • Lead long-term capital expenditure planning in collaboration with ownership and finance teams.
  • Evaluate property condition reports and prioritize capital improvement projects.
  • Oversee renovation projects, system upgrades, and infrastructure replacements.
  • Ensure projects are delivered on time, within budget, and aligned with operational needs.

Maintenance & Operational Efficiency

  • Ensure all properties maintain best-in-class preventive and predictive maintenance programs.
  • Drive energy efficiency, sustainability initiatives, and utility cost optimization.
  • Standardize vendor management and service contract negotiations.
  • Develop emergency response plans and crisis management procedures.

Life Safety & Compliance

  • Ensure compliance with local, state, and federal building codes and regulations.
  • Oversee fire life-safety systems, ADA compliance, environmental regulations, and risk mitigation practices.
  • Conduct safety audits and training programs to reduce liability exposure.

Financial Oversight

  • Review engineering budgets, CapEx forecasts, and reserve studies.
  • Analyze repair and maintenance spend to optimize cost controls.
  • Track ROI on capital investments and sustainability initiatives.

Talent Development

  • Mentor and develop Chief Engineers and property engineering teams.
  • Establish training standards and technical certification pathways.
  • Support succession planning and workforce development strategies.
  • Assist in the selection of talent for key positions.

Qualifications

  • Bachelor’s degree in Facilities Management, Construction Management, or related field (preferred).
  • 10+ years of progressive experience in hotel engineering or facilities leadership.
  • Multi-property oversight experience required.
  • Strong knowledge of HVAC, electrical, plumbing, mechanical systems, and building automation.
  • Experience leading capital projects and renovation initiatives.
  • Deep understanding of life-safety compliance and regulatory requirements.
  • Proven ability to drive cost efficiencies while preserving asset integrity.
  • Strong computer skills - leverages technology
  • Ability to travel 50–60% required.

Core Competencies

  • Engineering & Facilities Strategy
  • Preventive & Predictive Maintenance Programs
  • Capital Planning & Asset Lifecycle Management
  • Energy & Sustainability Leadership
  • Regulatory Compliance & Risk Management
  • Financial Acumen
  • Technical Team Development

Performance Metrics

  • Preventive Maintenance Completion Rates
  • CapEx Delivery (on-time/on-budget)
  • Reduction in Emergency Repair Incidents
  • Utility Cost Reduction & Energy Efficiency Gains
  • Life-Safety Audit Scores
  • Asset Condition Index Improvement
  • Engineering Labor & R&M Cost Controls

We offer a competitive benefits package, a teamwork environment and leadership team that shares a common passion for excellence in hospitality.