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Commercial Asset Manager Jobs in Ridgewood, NJ (NOW HIRING)

52 Partners LLC

Be Seen First

Assistant Real Estate Asset Manager

New York, NY · On-site

$40K - $50K/yr

Position Overview: 52 Partners LLC is looking for an Assistant Real Estate Asset Manager to support the Asset Manager in overseeing and developing our portfolio of residential and commercial New York ...

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All JobsCommercial Asset JobsCommercial Asset Manager JobsCommercial Asset Manager Jobs in Ridgewood, NJ

Commercial Asset Manager information

See Ridgewood, NJ salary details

$35.9K

$95.2K

$166.4K

How much do commercial asset manager jobs pay per year?

As of Sep 4, 2026, the average yearly pay for commercial asset manager in Ridgewood, NJ is $95,238.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,400.00 and $110,300.00 per year, depending on experience, location, and employer.

What is a commercial asset manager?

A Commercial Asset Manager is a professional responsible for overseeing and maximizing the value of commercial real estate properties on behalf of owners or investors. Their duties typically include managing property operations, analyzing financial performance, negotiating leases, coordinating maintenance, and developing strategies to increase property value and returns. They often work with a team of property managers, leasing agents, and financial analysts to ensure the assets are profitable and comply with legal regulations. Commercial Asset Managers play a crucial role in making investment decisions and optimizing asset performance in a competitive market.

What are the key skills and qualifications needed to thrive as a commercial asset manager?

To excel as a Commercial Asset Manager, you need strong financial analysis abilities, real estate market knowledge, and a degree in business, finance, or a related field. Familiarity with property management software, financial modeling tools like Excel, and industry certifications such as CPM (Certified Property Manager) are typically required. Outstanding negotiation, communication, and problem-solving skills help build relationships with tenants and stakeholders while optimizing asset performance. These combined skills ensure effective portfolio management, maximize returns, and support long-term asset value.

What are some common challenges faced by commercial asset managers, and how can new hires prepare for them?

Commercial Asset Managers often face the challenge of balancing tenant satisfaction with maximizing property value and return on investment. Navigating complex lease negotiations, responding to market fluctuations, and coordinating with multiple stakeholders—including property owners, tenants, and service providers—are frequent aspects of the role. New hires can prepare by developing strong negotiation, communication, and analytical skills, and by familiarizing themselves with local real estate markets and relevant property management software. Proactively seeking mentorship and staying updated on industry trends can also help ease the transition.

What is the difference between Commercial Asset Manager vs Commercial Property Manager?

AspectCommercial Asset ManagerCommercial Property Manager
Primary FocusMaximizing property value and investment returnsOverseeing daily property operations and tenant relations
ResponsibilitiesFinancial analysis, strategic planning, portfolio managementMaintenance, leasing, tenant communication
Required CredentialsReal estate or finance certifications, experience in investment managementProperty management licenses, leasing experience
Work EnvironmentCorporate offices, investment firms, real estate portfoliosOn-site property visits, leasing offices, maintenance sites

While both roles involve commercial properties, the Commercial Asset Manager focuses on investment performance and portfolio strategy, whereas the Commercial Property Manager handles day-to-day operations and tenant relations. Understanding these differences helps job seekers target the right roles in the commercial real estate industry.

What job categories do people searching Commercial Asset Manager jobs in Ridgewood, NJ look for?

The top searched job categories for Commercial Asset Manager jobs in Ridgewood, NJ are:

What cities near Ridgewood, NJ are hiring for Commercial Asset Manager jobs?

Cities near Ridgewood, NJ with the most Commercial Asset Manager job openings:

Commercial Asset Manager jobs near you
Infographic showing various Commercial Asset Manager job openings in Ridgewood, NJ as of August 2026, with employment types broken down into 5% Internship, 90% Full Time, and 5% Part Time. Highlights an 89% In-person, and 11% Remote job distribution, with an average salary of $95,238 per year, or $45.8 per hour.

Asset Management - Vice President, Private Credit & Asset-based Lending

Arena Investors I Quaestor Advisors

Manhattan, NY • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago

Key responsibilities

  • Independently manage a segment of the private credit and asset-based portfolio, including valuation, monitoring, and reporting

  • Lead re-underwriting, structuring, and negotiation of amendments and add-on financings

  • Manage workout and restructuring situations for stressed credits, including recovery strategy and negotiation

Job description

Arena Investors, LP (“Arena”) is a global investment management firm that seeks to generate attractive risk adjusted, consistent and uncorrelated returns by employing a fundamentals based, asset-oriented financing and investing strategy across the entire credit spectrum in areas where conventional sources of capital are scarce.  Arena specializes in off-the-run, stressed, distressed, illiquid and esoteric special situation transactions through originations and acquisitions of asset-oriented investments across a wide array of asset types (including but not limited to private direct corporate credit, commercial real estate bridge lending, and commercial and consumer assets).

Quaestor Advisors, LLC (“Quaestor”) is an affiliated Special Servicer, which provides mid and back office services, including asset management, to Arena Investors and external clients.

Quaestor is expanding its Portfolio & Asset Management team through the addition of a Vice President focused on private credit and asset-based lending. This individual will manage a segment of the portfolio independently and report to the Head of Asset Management. Responsibilities include portfolio monitoring, valuation, and maximizing returns across a diversified private credit portfolio. Ideal candidates are organized, self-motivated, and able to collaborate effectively across all internal groups.

Responsibilities

•Independently manage a segment of the private credit and asset-based portfolio, including valuation, monitoring, and reporting

•Serve as a player-coach, managing complex investments while mentoring Associates and Analysts

•Lead re-underwriting, structuring, and negotiation of amendments and add-on financings

•Manage workout and restructuring situations for stressed credits, including recovery strategy and negotiation

•Direct outside counsel through foreclosure, bankruptcy, and other restructuring processes

•Conduct market and industry analysis to identify credit trends and emerging risks

•Monitor macro and sector trends affecting portfolio performance and brief senior management

•Lead implementation of dashboards, reporting tools, and AI-driven process improvements across the Asset Management platform

•Present portfolio reviews and restructuring recommendations to the investment committee

•Draft investment committee memoranda on workout, restructuring, and amendment approaches

•Analyze collateral, cash flows, and capital structure to guide recovery and restructuring paths

•Extensive interface with origination, finance, legal, and operations teams

•Assist in documenting process frameworks for portfolio and workout management

Requirements

The individual will have demonstrated an ability to work in a fast-paced, performance-driven environment with an ability to think broadly about the business, incorporating continual improvement of processes and procedures with a goal of excellence while focusing on accuracy and efficiency.

•7+ years of related experience in private credit, direct lending, asset-based lending, portfolio management, or restructuring

•Strong fundamental credit and negotiating skills, with deep loan document familiarity

•Exposure to legal processes, including real estate/UCC foreclosure and bankruptcy; able to direct counsel through the restructure process

•Exposure to diverse credit structures and industries

•Ability to write memoranda recommending workout or restructure approaches

•Advanced financial modeling and valuation skills across varied capital structures

•Understanding of risk management approaches and portfolio-level market analysis

•Demonstrated ability to independently manage investments and mentor junior team members

•Excellent written and verbal communication skills, including experience presenting to investment committees

•MBA or CFA a plus

•The highest level of personal integrity and ethical standards; collaborative and solutions-oriented

Benefits

  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Short Term & Long Term Disability
  • Training & Development
  • Free Food & Snacks
  • Wellness Resources