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Asset Manager for Founders Properties, L.L.C

Company: Regional Recreation Corporation of Wood Buffalo
Location: Minnetonka
Posted on: February 23, 2021

Job Description:

Asset Manager for Founders Properties, L.L.C. in Minnetonka, Minnesota - Careers at Founders Properties, L.L.C. Skip Branding Asset Manager for Founders Properties, L.L.C. in Minnetonka, Minnesota - Careers at Founders Properties, L.L.C. Skip to Main Content Please Enable Cookies to Continue Please enable cookies in your browser to experience all the personalized features of this site, including the ability to apply for a job. Welcome page Welcome page Returning Candidate? Log back in! Asset Manager for Founders Properties, L.L.C. Job Location US-MN-Minnetonka Posted Date 1 week ago (2/12/2021 8:26 PM) Overview Working together with the Director of Asset Management, the Asset Manager is responsible for the implementation of strategies that maximize property values including financial analysis, market studies and other strategic activities with regard to managed properties and joint ventures. Responsibilities also include assisting with special projects and investor reporting, as well as working with property managers, leasing brokers and accounting personnel on day-to-day property management related leasing, reporting and financial activities. All responsibilities and tasks will be performed in a manner that supports company and owner objectives. Responsibilities Assist the Director of Asset Management with the implementation of strategies for maximizing property values.

  • Gather market information and gain local market expertise where property portfolios are located.
  • Implement strategic annual property and portfolio plans in a timely fashion.
  • Supervise property management and leasing functions within assigned portfolio.
  • Negotiate building leases, brokerage agreements, construction documents and other necessary building related legal documents.
  • Review loan documents to ensure compliance within assigned portfolio for all lender required covenants and approvals.
  • Review and approve all annual operating and capital budgets within assigned portfolio.
  • Review periodic property management and owner accounting financial reports.
  • Perform periodic property tours and site evaluations.
  • Prepare lease analysis, cash projections and financial valuations, if requested.
  • Assist with activities related to the acquisition and disposition of properties.
  • Troubleshoot issues that arise within the assigned portfolio while minimizing any potential risk and liability to the investment. Assist in the relationships with respective owners, investors and third party clients.
  • Prepare quarterly owner/investor reports.
  • Review and approve quarterly cash analysis for investor distributions.
  • Prepare annual investor meeting reports and presentation documents. Perform other asset management or Founders Properties duties and tasks as requested or assigned. Qualifications
  • Bachelor's degree in real estate, finance, business administration or related area; or equivalent relevant experience and knowledge.
  • Approximately 5 years of commercial real estate experience in financing, leasing, asset management or property management. Asset management experience preferred.
  • Team player with effective interpersonal skills and excellent verbal and written communication skills.
  • Exceptional time management and organizational skills.
  • Self-motivated with strong problem solving skills.
  • Strong strategic thinking, quantitative skills and math aptitude.
  • Working knowledge of financial modeling/analysis and forecasting tools.
  • Ability to handle sensitive and confidential information appropriately.
  • Proficiency with Microsoft Office programs, including Word and Outlook, along with Excel spreadsheet knowledge and skills.
  • Ability to travel up to 15-20%. This job description is a summary of the typical functions and responsibilities of this position and the duties described are not to be interpreted as an exhaustive or comprehensive list of all possible job responsibilities. There may be other duties, tasks and responsibilities assigned. Management reserves the rights to add, modify or change the duties of this position and to make reasonable accommodations so that qualified employees can perform the essential functions of the job. Options Apply for this job online Apply Share Refer this job to a friend Refer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Loading... Application FAQs Software Powered by iCIMS
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Keywords: Regional Recreation Corporation of Wood Buffalo, Minnetonka , Asset Manager for Founders Properties, L.L.C, Executive , Minnetonka, Minnesota

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