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Asset Management Associate, Commercial Real Estate

Chesapeake Search Partners Washington, DC
  • Posted: over a month ago
  • $95,000 to $140,000 Annually
  • Full-Time
  • Benefits: Vision, Medical, 401k, Dental

Position: Asset Management Associate

Location: Washington, DC

Compensation: $95,000 - $140,000

Chesapeake Search Partners has partnered with a growing commercial real estate development firm that is looking to bring on an experienced Asset Management Associate to their team. This individual will report to the VP and work in a collaborative team alongside Investments & Acquisitions.

Responsibilities:

  • Manage a portfolio of office and multifamily assets with oversight and assistance from a Vice President of Asset Management.
  • Key responsibilities include analyzing and implementing capital improvement projects, analyzing and negotiating dispositions and loan refinancing, and creating and implementing leasing strategy.
  • Build and operate financial models.
  • Review financial models and Argus files periodically for integrity and accuracy.
  • Contribute to Acquisition due diligence and Investment Committee approval, as needed, through closing and focus on transition to asset management.
  • Budgeting, reporting, and ad-hoc value-add analysis for Asset Management Team.
  • Manage the leasing process including redlining LOI’s and lease drafts and coordinating the various members involved including internal departments, brokers, JV Partners, and attorneys.
  • Prepare initial drafts of press releases and simple corporate marketing materials.
  • Prepare and present periodic updates to Senior Executives and external investors.

Qualifications:

  • Bachelors Degree in Business, Finance, or related field.
  • MBA or Masters in Real Estate helpful but not required.
  • 5+ years of Asset Management experience in Office or Multifamily.
  • Familiarity with real estate contracts and leases.
  • Ability to build rapport with clients.
  • Strong negotiation skills.
  • Excellent written and verbal communication skills.

For more information, please contact Johnny Black at jblack@chesapeakesearchpartners.com

Chesapeake Search Partners

Chesapeake Search Partners (Towson, MD)... With over 25 years of combined search experience, we have access to a premier network of industry contacts unmatched by traditional recruiting firms. We bring an unparalleled level of ethics, professionalism and trust to our relationships with candidates and clients alike. We take pride in having the most thorough screening process in the industry while discretely representing its candidates and clients. Confidentiality is always respected.

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