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Senior Asset Manager

Job in Los Angeles, Los Angeles County, California, 90079, USA
Listing for: Praxis Property Group
Full Time position
Listed on 2026-02-16
Job specializations:
  • Management
    Portfolio Manager, Financial Manager
  • Finance & Banking
    Portfolio Manager, Corporate Finance, Financial Manager
Salary/Wage Range or Industry Benchmark: 125000 - 150000 USD Yearly USD 125000.00 150000.00 YEAR
Job Description & How to Apply Below

A well-capitalized and growing retail real estate owner/operator is seeking a Senior Asset Manager to join its team and lead strategic asset management initiatives across a diversified retail and mixed-use portfolio. The firm focuses on value-add and opportunistic investment strategies and is actively expanding its platform.

This senior-level role will oversee business plan execution, financial performance, leasing strategy, and capital initiatives across a portfolio of enclosed malls and office properties.

Opportunity Summary

As a Senior Asset Manager, you will be responsible for driving asset-level and portfolio-level performance. This role requires ownership of property business plans, oversight of financial results, leadership across cross-functional teams, and direct involvement in strategic decision-making.

You will work closely with executive leadership, leasing, development, property management, and capital markets teams to maximize value and execute investment strategies.

Responsibilities include
  • Lead asset-level business plan execution, ensuring alignment with investment objectives and return targets.
  • Oversee annual budgeting, reforecasting, and long-term strategic planning processes.
  • Conduct in-depth financial analysis, including cash flow modeling, valuation analysis, sensitivity scenarios, and hold/sell evaluations.
  • Monitor property-level performance metrics including NOI growth, leasing velocity, tenant sales, and expense management.
  • Develop and implement leasing strategies in collaboration with internal leasing teams; provide oversight on major lease negotiations and anchor repositioning efforts.
  • Direct capital planning initiatives, including redevelopment, re-tenanting, and value-add projects; evaluate ROI and risk-adjusted returns.
  • Oversee third-party property management teams to ensure operational efficiency, cost control, and execution of capital projects.
  • Lead lender and equity partner reporting, including preparation of investor presentations, quarterly reports, and capital request packages.
  • Provide strategic recommendations regarding refinancing, recapitalization, or disposition strategies.
  • Support acquisition underwriting, due diligence, and transition planning for new investments.
  • Mentor and oversee junior asset management or analyst staff as applicable.
  • Present strategic recommendations to senior leadership and investment committee.
Requirements
  • Bachelor’s degree in Finance, Accounting, Real Estate, or related field; advanced degree (MBA) or relevant certifications (CFA, CPA) preferred.
  • 7–12+ years of progressive asset management experience within commercial real estate.
  • Demonstrated experience managing retail assets; enclosed mall experience strongly preferred.
  • Strong financial acumen with advanced proficiency in financial modeling, valuation, and investment analysis.
  • Experience overseeing capital improvement and redevelopment initiatives.
  • Proven ability to lead cross-functional teams and manage third-party property managers.
  • Strong understanding of lease structures, tenant credit analysis, and retail market dynamics.
  • Executive-level communication skills with experience presenting to investment committees or ownership groups.
  • High level of organization and ability to manage multiple assets simultaneously.
  • Advanced proficiency in Excel and PowerPoint.
Compensation
  • Base salary range: $125,000 – $150,000, depending on experience
  • Discretionary performance bonus
  • Comprehensive benefits package including healthcare and retirement plan participation
About the Company

Our client is a vertically integrated retail real estate investment and operating platform focused on acquiring and repositioning retail and mixed-use assets throughout the Western United States. The company is actively expanding its portfolio and building institutional-level internal capabilities across leasing, development, and asset management functions.

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Position Requirements
10+ Years work experience
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