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Director Distressed Asset Management Jobs (NOW HIRING)

NY ยท On-site

Role Summary: The Director/Sr. Director of Portfolio Asset Management is responsible for the ... Distressed Bank assets. This role leads and develops a team of Managers and Asset Managers ...

Area Director

South Bend, IN ยท On-site

$70K - $80K/yr

Partner with ownership and asset management to execute turnaround timelines and performance ... Demonstrated success stabilizing distressed or underperforming affordable housing assets

Director Asset Management

Atlanta, GA ยท On-site

$121K - $201K/yr

Director Asset Management Position Type: Full time Weekly Scheduled Hours: 40 State: Georgia City: Atlanta Zip Code: 30305 Total Base Pay Range: $121,000.00 - $201,600.00 Overview: Vivmark ...

Area Director

Fort Worth, TX ยท On-site

$70K - $80K/yr

Partner with ownership and asset management to execute turnaround timelines and performance ... Demonstrated success stabilizing distressed or underperforming affordable housing assets

Asset Management at HRI The Director of Asset Management will oversee HRI's diverse and complex portfolio of multifamily housing and commercial properties. This individual will ensure that HRI ...

Arena specializes in off-the-run, stressed, distressed, illiquid and esoteric special situation ... Direct outside counsel through foreclosure, bankruptcy, and other restructuring processes * Conduct ...

Showing results 41-60

Director Distressed Asset Management information

What is the difference between Director Distressed Asset Management vs Asset Manager?

AspectDirector Distressed Asset ManagementAsset Manager
CredentialsTypically requires advanced degrees (MBA, finance) and industry certificationsOften requires a bachelor's degree, with some roles preferring certifications like CFA
Work EnvironmentLeads teams, makes strategic decisions, and manages distressed asset portfoliosManages asset portfolios, analyzes investments, and reports to senior management
Industry UsageCommon in banking, private equity, and real estate sectors dealing with distressed assetsWidely used across investment firms, banks, and real estate companies

The main difference between a Director of Distressed Asset Management and an Asset Manager lies in their focus and responsibilities. The Director oversees distressed assets, making strategic decisions and managing teams, while the Asset Manager handles day-to-day portfolio management and analysis. Both roles require financial expertise, but the director's role is more strategic and leadership-oriented.

What cities are hiring for Director Distressed Asset Management jobs?

Cities with the most Director Distressed Asset Management job openings:

What are the most commonly searched types of Distressed Asset Management jobs?

The most popular types of Distressed Asset Management jobs are:

What states have the most Director Distressed Asset Management jobs?

States with the most job openings for Director Distressed Asset Management jobs include:

What are popular job titles related to Director Distressed Asset Management jobs?

For Director Distressed Asset Management jobs, the most frequently searched job titles are:

Director, Asset Management

New York, NY โ€ข Hybrid

Full-time

Medical, Retirement, PTO

Re-posted 28 days ago


Job description

Please review the Job Applicant Privacy Notice.

About Us

Perform Properties is a Blackstone Real Estate portfolio company focused on highperforming retail and office properties with peopleappeal - vibrant spaces where people actively choose to work, shop, and gather. With expertise in transactions, development, leasing, and management, we oversee approximately 30 million square feet of properties across the U.S.

Our culture is built on our OneTeam foundation - a shared commitment to collaboration, innovation, and knowledge sharing across roles, teams, and time zones. Guided by this foundation, our OneTeam Core Values define how we show up every day:

Act with Intention

Make It Happen

Raise the Bar

Stay Curious

Win as One

Join a team where performance and partnership go hand in hand.

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Role Summary

TheDirector- Asset Management(Director, AM)will report directly to theSVPof Asset Management, with a dotted line partnership to other leaders for shared accountability in the business plan and investment performance of assigned assets. TheDirector, AMwill be primarily responsible for bringing analytical rigor and expertise to key value-maximization decisions around major leases, capital investments and timing of dispositions as well as leadership around resolving operational challenges at the asset (environmental, A/R, and entitlements). The position entails supervision, mentoring, coaching, and development of direct and indirect reports. This is a high visibility role with interaction with senior leadership atPerform.Travel to assets is required. This role is in the office, 5 days a week Monday-Friday. This is a dynamic opportunity for someone who thrives in a fast-paced, deal-oriented environment and is eager to work closely across functions to drive asset and portfolio value.

Essential Job Functions

Investment Cash Flow Modeling- Collaborate with market leadership, leasing, operations, and other teams to build accurate cash flow models for each asset and investment. Provide thought leadership around assumptions and keydrivers of return on investment. Identify, analyze, and report on key variances to underwriting and budget to provide recommendations to executive leadership

Strategic Financial Analysis- Lead strategic analyses, which includes but is not limited to hold/sell decisions, evaluation of major leases, and capital decisions.

Liquidity / Cash Management- Own cash models and portfolio liquidity needs; anticipate cash management issues and provide timely reporting to market leadership and executive teams.

Asset-Level Projects- Collaborate and coordinate with market leadership to identify and implement priority value-add projects in alignment with underwriting and asset business plans.

Dispositionsand Due Diligence- Provide asset and investment level leadership in coordination with Transactions team to facilitate due diligence and closing process for dispositions and debt financings - including coordination of information and materials with various parties (buyers, sellers, lenders, brokers, and attorneys), as well as internal partners (Finance, Operations, Leasing, Construction, and Legal). Review and sign off on due diligence materials and closing statements.

Organization and Communication- Drive collaboration, organization and communication of key work products and information to effectively articulate asset strategy and execution updates toPerform leadership and Blackstone.

Cross-functional Collaboration - Coordinate and collaborate with counterparts in Leasing, Construction / Development, Property Management, Accounting, and FP&A to drive alignment on asset strategy and execution. This collaboration can be seen via underwriting, budgeting, performing ad-hoc analysis, prepping for disposition, or day-to-day operational asset management.

Manage and Mentor Team- Orchestrate work and foster development of team such that work is produced effectively and junior colleagues learn and grow. Provide exceptional mentoring and coaching to people beyond direct reports.Be the ultimate player coach!

Competencies

  • Results Orientation with a sense of urgency and continuous improvement

  • Exceptional leadership, management, and communication skills

  • A curious, driven professional with a passion for problem solving

  • Collaborative and consensus builder with the ability to influence others without formal authority

  • Strategic Orientation with creative and broad thinking

  • Team leadership - works inclusively within a diverse team

Qualifications

  • Degree in finance, economics, mathematics, engineering, or equivalent quantitative-based field

  • A minimum of 6+ years of experience at a reputable real estate investment firm with significant experience in open-air retail with at least2years managing people

  • Excellent written and verbal communication skills

  • Translates complex technical concepts to understandable business terms

  • Ability to work independently, handle multiple projects and meet deadlines

  • Ability to do advanced Excel modeling and deep knowledge of Argus Enterprise

  • Strong understanding of real estate fundamentals, valuation, transactions, asset management and leasing

  • Ability to research, analyze and draw conclusions and communicate effectively

  • Demonstrated success in collaboration, creative thinking, and ability to learn new concepts quickly

Benefits & Compensation

Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).

Base Salary Range: $175,000-$200,000. This represents the presently-anticipated low and high end of the Company's base salary range for this position. Actual base salary range may vary based on various factors, including but not limited to location and experience.

The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.

Closing

EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email recruiting@performproperties.com

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