Vice President, Asset Management

Job Summary
Macdonald & Company has been exclusively retained to appoint a Vice President, Asset Management to be based in Phoenix, AZ.

The Opportunity:

A premier real estate investment, development, construction, and management company specializing in the acquisition, development, and management of multifamily and mixed use properties throughout the U.S. is hiring for a VP, Asset Management to play a key role in the firm's leadership team. The Duties:

Provide direction and leadership for the Asset Management Team including coaching, goal setting, communication and accountability

Work in tandem with the Acquisitions and Construction teams to develop business plans, budgets, timelines and execution strategies for each asset

Take part in due diligence efforts on new acquisitions, directly overseeing areas focussed on operations

Oversee and drive day-to-day execution of the Company’s investments including making real time adjustments to strategy, finding value-add opportunities, controlling expenses, evaluating market conditions, managing revenue, and directing staffing

Overseeing cash management and cash planning for improvements and distributions

Develop annual business plans, rate plans and compensation structures for each asset

Work with the Construction team on scope, pricing, design and execution of capital improvements while balancing operational considerations of the Management Team Develop tools and infrastructure necessary to perform the Asset Management functions

Oversee the weekly, monthly, quarterly and annual reporting on the performance of the Company’s assets.  Perform detailed financial review and present findings to key stakeholders internally and externally

Direct retail leasing brokers and negotiate commercials leases for mixed-use properties

Work with attorneys and legal teams in negotiating contracts and agreement

Work with attorneys and legal teams in overseeing any litigation or legal matters

Take part in Investment Committee meetings to make key investment decisions

Make recommendations on capital events including the sale or refinance of the Company’s assets and oversee the execution of those efforts

Communicate and interact regularly with capital partners including preparing analysis and presentations for their review

Collaborate with key stakeholders across the organization to drive quality improvement and create value for investors

Take part in and prepare materials for equity capital pitches

Manage relationships and act as point of contact for lenders

Develop and execute key initiatives that are in-line with business objectives

Provide recommendations on process improvement opportunities throughout the Company to minimize risk exposure and improve execution

Prepares and presents updates to Senior Leaders and key stakeholders as needed.

Other duties as directed by manager

Your

Qualifications:

Bachelor's degree required.  Master’s degree preferred (in Real Estate, Business or a similar field)5-7+ years of experience, with a minimum of 3 years in a management/leadership positionA motivated, natural leader with a proven ability to see the vision and drive frequent and continuous organizational change to provide exceptional results

Excellent verbal and written communication skills with the ability to professionally present vision, strategy, goals and results both internally and externallyA proven ability to formulate and execute strategic and tactical organizational and operational plans to improve performance and support Company goalsA track record of delivering quantifiable results to the organization (e. analyze opportunities/risks, develop and execute related action plans and deliver results), highly organized and disciplinedA proven ability to identify, collect and analyze operations performance data, market research data, and other related data to improve performance

Proven success in budgeting, financial management, team development, and performance management

Ability to work independently and to carry out assignments to completion within parameters of instructions given prescribed routines, and standard accepted practices