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Vice President, Asset Management

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Los Angeles
 CA
Postal Code
90071
Country
United States

This job is no longer active.

Description


Your Path to Success Led by ARA

A career at ARA offers you the opportunity to be a part of a growing national commercial real estate investment manager. We are built on a standard of excellence that defines everything we do. Our purpose and core values reflect how we engage with our work, our relationships, and our clients. We create an environment where you can advance shared goals and be recognized for your contributions, expertise, and dedication. You will be part of a dynamic and passionate team and will learn from some of the most talented real estate professionals in the industry.

 

As the Vice President, Asset Management you are responsible for the overall asset management of a portfolio of real estate assets, which are a part of the firm’s core and value-added separate accounts and commingled funds. You will work in a collaborative team environment and will provide leadership to a growing analytical team.

 

What You Will Do

  • Oversee management of property operations by supporting the strategic planning, management, leasing, financial analyses, operating and capital budgets, returns on an IRR and time-weighted basis, and reporting on a quarterly and annual basis with regards to the performance of each asset.
  • Review demographic and market information for each asset area for strategic planning and reporting purposes.
  • Conduct analysis of assets that are to be acquired by the firm. This work will occur during the initial evaluation of the property and during the due diligence of the asset to ensure that each asset can be managed to the level as outlined in the acquisition, underwriting, and long-term budget.
  • Maintain an understanding of the property’s position in the context of its market and primary competitive set to ensure the property is priced appropriately and is consistent economically with its peer group.
  • Manage general property level analysis functions (i.e., property management contracts, RFPs, construction contracts, and vendor contracts).

What We Offer

ARA’s structure creates opportunities for professional development and collaboration. We provide a competitive base compensation and incentives based on experience and performance as well as a mix of total rewards to help plan for retirement, stay healthy, and maintain a positive work-life balance.

 

Your Background

A successful candidate thrives on challenge and significant responsibility and can take critical feedback and make it actionable. You have at least seven years of related real estate and asset management experience as well as an undergraduate degree in business, real estate, finance, or accounting.

 

Overview

ARA is a premier investment manager of institutional quality commercial real estate portfolios focused on providing superior risk-adjusted returns for our clients and investors, consistent with the objective defined by their investment guidelines. ARA has provided real estate investments solutions to institutional investors for over 29 years. Headquartered in Los Angeles, California, ARA is one of the largest privately-held real estate investment management firms in the U.S.

 

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American Realty Advisors is an Equal Opportunity Employer.

ARA considers for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring Ordinance No. 184652.


This job is no longer active.

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