Job Description
Job Description
Asset Manager for retail commercial properties located in Texas, predominantly in the Houston area.
This position requires :
- Substantial work experience in retail commercial property management;
- Financial acumen;
- Knowledge of real estate and contract law; and
- Exceptional communication skills.
Formal education with a concentration specifically in commercial real estate, business or finance is preferred.
Our small, boutique real estate investment and development company offers a collegial work environment. At the same time, our conservative investment philosophy provides a stable, steadily growing enterprise where professionals earn practical experience.
Opportunities for growth are substantial.
The asset manager's duties will include :
Manage overall physical and financial health and performance of company real estate
assets, reporting individual and collective asset performance quarterly.
- Manage significant capital repair and improvement projects for stabilized real estate.
- Direct RFP processes for multi-property vendor contracts.
- Manage property and liability insurance.
- Manage property tax protest process for real estate portfolio.
- Oversee annual NNN reconciliation process.
- Manage tenant rental delinquencies within approved parameters.
- Develop annual budgets for portfolio assets and perform semi-annual assessments of operating costs to facilitate decision-making regarding Q3 and Q4 expenditures.
- Interface with tenants regarding concerns that are escalated above a property management level.
- Interface with local government agencies concerning permitting, regulatory changes, code enforcement, condemnation, and related issues.
- Perform property management duties when necessary due to company workload or property manager absence.
- Supervise other staff and independent contractors.
Compensation includes :
- Base salary, typically with annual bonuses.
- 401k with employer match up to 5% of salary.
- Health insurance.
- Reimbursement for professional training, education and licenses.
- Paid time off and company holidays.
- Opportunity to earn equity by investing on a preferred basis in company-affiliated real estate funds.
Qualified applicants please submit resume and salary requirements.
Company Description
A boutique retail real estate investment and development company. We own, manage, lease, and develop primarily retail commercial real estate.
Company Description
A boutique retail real estate investment and development company. We own, manage, lease, and develop primarily retail commercial real estate.
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