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Trigild · 1 day ago

Senior Asset Manager

New York, NY

Full-time

Onsite

Senior Level, Lead/Staff

$160K/yr - $160K/yr

10+ years exp

Trigild is a company with over 40 years of experience in managing and operating commercial properties. The Senior Asset Manager will be responsible for managing a portfolio of multifamily distressed assets, working with internal and external teams to maximize property performance and stabilize assets for their next phase.

Real Estate

Responsibilities

Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition

Assure financial performance, timely reporting, proactive and high-quality repairs and maintenance, and positive tenant relations

The candidate should enjoy everchanging work assignments as the portfolio could frequently change

Assist with conducting transaction analysis and support due diligence for new acquisitions

Assist with due diligence and follow-up on property transactions

Review monthly property management reports for variance against budget and strategy

Prepare monthly, quarterly, and annual reporting for investor clients and senior leadership

Create cash flow projections, analyze and recommend investor capital calls and distributions

Develop analytical tools to allow leadership to better understand the state of the portfolio

Monitor and maintain compliance with all lender requirements

Monitor timely payment of taxes and insurance premiums

Monitor all escrow accounts and operating cash accounts to assure they are properly funded

Collaborate with other departments to improve and document processes and streamline reporting

Oversight of 3rdparty brokerage teams and leasing

Negotiate leases and renewals throughout the portfolio

Qualification

Asset management experienceReal estate finance knowledgeDistressed assetsAnalytical skillsAdvanced Excel knowledgeSelf-sufficientCommunication skillsTeam-orientedCritical thinking

Required

10+ years of experience with a focus on asset management activities, including leasing, financing, managing tenant improvements, capital investments, and dispositions

Experience with distressed assets- often class C and B

Ability to be self-sufficient to work outside the box to figure out challenges

Exposure to legal aspect of commercial assets in receivership

Comfortable navigating quickly changing portfolios and maintaining discretion when interfacing with building tenants

Bachelor's Degree in Real Estate, Finance, Accounting

In-depth knowledge of real estate finance including commercial lease terms and debt and equity structures

Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups

Strong analytical, accounting and critical thinking skills

High comfort level with the technology used to aid in collaboration, communication, and documentation

Excellent written and oral communication skills

Advanced knowledge of Excel including building templates for other users