Position Summary
Position Summary
Crow Holdings Capital seeks an experienced professional to join the value add/core plus asset management team. The Asset Manager will have the opportunity to manage the full business cycle of various commercial investments including day-to-day asset management, financing, budgeting, cash management, lease negotiations, reporting, etc.
Primary Responsibilities
Primary Responsibilities
- Review asset valuations on a quarterly basis and recommend strategies to improve portfolio value
- Review monthly and quarterly financial statements
- Prepare annual asset plans for CHC investment committee and participate in periodic presentations to investment partners. Prepare investment analysis presentations for investment committee review
- Hire, manage, and interface with third-party property management and leasing teams. Ongoing oversight and management of third-party teams to maximize asset operations, occupancy and income
- Conduct monthly operational reviews, including financial results and management strategies for cost savings and revenue enhancements
- Conduct due diligence of legal documents, financial reports, operating projections, sales comps, surveys and marketing information
- Make investment recommendations including renovations, major capital expenditures, rental rates and executing the strategy of the deal while navigating current market conditions. Interact with operating partners throughout the portfolio on a daily basis to oversee the full scope of operations.
- Perform regular and ad-hoc financial analysis and ongoing review of revenue data, forecasts, performance metrics, and profit/loss statements
- Coordination/Negotiations of management agreements, franchise agreements and other transaction documents ensuring appropriate review and approvals throughout the process
- Work with Capital Markets team to secure project financing and/or refinancing and manage loan compliance according to established framework
Desired Skills & Experience
Desired Skills & Experience
- Bachelor’s degree (business, accounting or finance preferred)
- 10+ years of relevant industry experience required, industrial experience preferred
- Subject matter expertise in real estate investments, real estate financial modeling; cash flow valuation and underwriting a plus
- Excellent analytical, financial, and quantitative skills, with highest level of attention to detail
- Demonstrated interpretive knowledge of property level financial statements and financial analysis including ROI analysis, market share assumptions, and forecasting
- Superior oral/written communication skills, demonstrates confidence and enthusiasm
- Proficiency in Microsoft Excel and Argus is a plus