Associate, Asset Management, Industrial

Location: New York
Associate, Asset Management, Industrial page is loaded## Associate, Asset Management, Industrial locations:
New Yorktime type:
Full time posted on:
Posted Yesterday job requisition :
R0006267
** About Quad Real Property Group
** Quad Real Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management are $94 billion. From its foundation in Canada as a full-service real estate operating company, Quad Real has expanded its capabilities to invest in equity and debt in both the public and private markets. Quad Real invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest.

Quad Real seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.

Quad Real:
Excellence lives here.
** Job Overview:
** We are seeking an Associate for Asset Management in the US Industrial sector, based in New York. This role involves supporting Quad Real’s directly invested portfolio of industrial assets by developing and executing strategic plans to enhance value, increase returns, and position the assets and portfolio for growth. The position requires close collaboration with the Valuations, Global Portfolio Management, and Regional Investment teams, providing significant exposure to senior leaders within the company.

The Associate will report to the Vice President of Asset Management, US Industrial.
** Responsibilities:
*** Lead the development and execution of comprehensive asset strategies including, leasing, property improvements, capital budgeting, risk management, and hold/sell analysis
* Lead lease transactions through all phases of negotiation and provide reporting for senior management approval
* Oversee the annual budget process and internal analyst resources
* Analyze and compare current and historical financial reporting on key metrics against underwriting and budget
* Aggregate asset management data and prepare in conjunction with Portfolio Management monthly, quarterly, and annual reporting for clients, senior management and BCI (as required)
* Monitor property managers performance for compliance with annual budgets and business plans and prepare quarterly updates on asset performance, including progress on strategic initiatives
* Assist in monitoring development and capex projects including closeout procedures with oversight by in-house Capital Projects and Development team
* Prepare hold/sell analyses, lease approval memos and other investment decisions in conjunction with the Investment team
* Assist in furthering key asset management initiatives to streamline and standardize reporting templates including refinement of the asset level master database tenant exposure dashboards etc.
* Collaborate with the Regional Investment teams in the due diligence process for new investments and asset dispositions regarding underwriting assumptions (market rent, rent growth, expenses, lease recovery structure, etc.)
* Liaise with research and investment teams to stay current on local market dynamics and understand its impact on how each asset is positioned in its respective market.
* Develop in market relationships with service providers to understand an assets competitive positioning relative to rents, lease terms, vacancy, supply/demand fundamentals, and operating costs
* Travel to assets to meet with onsite property management teams, brokers, tenants, and strategic partners
** Qualifications and

Experience:

*** Education– Bachelor’s degree; preferably in Real Estate, Finance, Accounting or a related discipline with strong academic credentials and a passion for real estate
* Experience – Minimum 3+ years of asset management experience in the real estate industry. Demonstrated experience in analyzing complex investment issues and developing and executing investment strategies to achieve results and mitigate risk
* Analytical – Strong quantitative and analytical skills; detail-oriented and proficient in building and handling complicated data sets. Demonstrated aptitude…