Asset Management Associate

Santa Monica, CA, United States

Job Description

RETS Associates, on behalf of our client, a fully integrated real estate investment and asset management company with a dedicated special servicer, is seeking an Asset Management Associate in Santa Monica, CA.
RESPONSIBILITIES:

  • Build and maintain financial, valuation, and sensitivity models for real estate assets and debt investments, utilizing Excel and Argus to determine NPV and IRR.
  • Direct preparation of quarterly business plans, including leasing strategies, operating budgets, capital improvement plans, and monetization strategies.
  • Model strategic hold/sell recommendations and assist with asset disposition processes.
  • Oversee business plan execution, working with joint venture partners, leasing teams, and property managers to ensure performance aligns with objectives.
  • Assist in preparing quarterly reports, valuations, and capital improvement strategies, including vendor selection and contract negotiations.
  • Provide periodic reporting for senior management, joint venture partners, lenders, and investor relations.
  • Support due diligence efforts on potential acquisitions, including legal, financial, and physical reviews.
REQUIREMENTS:
  • Bachelor's Degree from an accredited four-year university.
  • 2-4 years of experience in institutional real estate asset management or acquisitions.
  • Strong analytical background in commercial real estate (multifamily, office, retail, mixed-use) across acquisitions, asset/portfolio management, or real estate finance.
  • Advanced financial modeling and forecasting skills with the ability to generate actionable insights.
  • Knowledge of key construction and development processes.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Strong communication and organizational skills for presenting analyses and recommendations.
  • Proficiency in Excel, Word, PowerPoint, and Argus.
Comp: $120k+ DOE plus bonus
Client offers a strong benefit package (medical, dental and vision insurance, 401k, disability and life insurance).

Skills Required

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Job Detail

  • Job Id
    JD6164128
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Santa Monica, CA, United States
  • Education
    Not mentioned