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Brookfield Properties · 5 months ago

Senior Associate, Asset Management

New York, New York

Full-time

Onsite

Senior Level

5+ years exp

Brookfield Properties is a prestigious real estate platform seeking a dynamic and strategic real estate professional to lead asset management for their office portfolio in New York City. The role involves developing asset strategies, collaborating with internal teams, and maximizing asset value through leasing and operational management.

Commercial Real EstateConstructionCoworkingHospitalityLogisticsProperty DevelopmentProperty ManagementReal EstateResidentialRetail

Responsibilities

Develop comprehensive asset strategies, including leasing plans, capital programs, and returns projections

Collaborate with Portfolio Management to evaluate leasing scenarios, hold/sell decisions, and incremental capital investment opportunities

Prepare and drive implementation of annual business plans that maximize risk-adjusted returns

Partner with the internal leasing team to drive leasing activity, ensure deal quality and achieve business plan goals

Analyze prospective term sheet sheets and provide guidance to the leasing team on optimized deal structures

Cultivate relationships with existing tenants and key market stakeholders to drive value and leasing activity

Manage third-party property management on daily operational responsibilities and decisions

Collaborate with leasing, design and construction teams on discretionary capital project programming and feasibility analysis

Coordinate with design and construction teams to achieve schedule and budget targets

Lead quarterly budgeting and reforecasting of capital projects within your portfolio

Support the SVP in delivering business plans, quarterly reports, leasing updates and appraisal reviews to partners and senior management

Interface with Brookfield’s multifamily and hotel teams to align and report on mixed-use projects

Partner with the FP&A team on cash management, contributions/distribution projections and quarterly IFRS valuations

Coordinate with Portfolio Management on analysis, diligence and transaction support for financings and dispositions

Support appraisal processes and reviews on a quarterly basis

Manage and mentor two Analysts, providing day-to-day direction, feedback and skill set development

Review Analyst work to ensure accuracy

Drive cross-functional coordination across internal portfolio management, investments, FP&A, operations, design, construction and development departments to ensure strategic alignment and seamless execution