Commercial Asset Management Senior Associate

Company: Building and Land Technology
Location: Stamford
Posted on: November 23, 2022

Job Description:

Description:-- BLT is seeking a--Senior Associate--to join our--dynamic Commercial Asset Management--team in Stamford, CT. The primary function of this role is to provide analytical support to create and execute business plans for BLT's portfolio of commercial office buildings.-- The Senior Associate will assist in all aspects of the operations, administrative, financial, and capital management of the portfolio.Duties and Responsibilities of Commercial Asset--Management--Senior Associate:Create and execute business plans for each commercial asset, proposing goals and objectives for each propertyFinancial modeling, analysis, market studies and industry standard reporting (i.e., variance reporting, discounted cash flows, IRR's, etc.)--Assist in the negotiation of leases and contracts--Assist in the preparation and approval process of property operating budgets, monthly operating statements, and variance reports--Monthly, quarterly, and annual reporting of the portfolio for internal and external constituents--Provide support to our capital markets efforts for financings, acquisitions, and dispositionsProvide support to our property management effortsStrategically assess and manage risks associated with current assets on a near-term and long-term basis--Extensively research relevant markets/trends to ensure assets are managed competitively--Regular inspections of all assetsFoster and maintain positive tenant relationshipsLiaise with lenders, brokers, vendors, and third-party service providersReport to the Managing Director of Asset ManagementRequirements for--Commercial Asset--Management--Senior Associate:Three to five years of commercial asset management experience--Bachelor's Degree required with a concentration in business, finance, accounting and/or real estate preferredMaster's Degree in Real Estate or MBA with a concentration in business, finance and/or real estate preferredStrong real estate finance background--Computer literacy to create financial models, documents, and presentations, including Microsoft Excel, Microsoft Word, and Microsoft PowerPointExpertise in Argus Enterprise requiredAbility to work with financial concepts and perform financial analysis including ROI, IRR, and discounted cash flow modelingExcellent project management skillsBenefits Provided to the position of--Commercial Asset--Management--Senior Associate:Compensation package includes:Competitive Salary with Potential for BonusMedical InsuranceDental InsuranceVision Plan401k PlanLife InsurancePaid VacationPaid Sick LeavePaid HolidaysTuition ReimbursementHousing Discount at BLT PropertiesBLT is an equal opportunity employerPM21Powered by JazzHRPI197498606

Keywords: Building and Land Technology, Stamford , Commercial Asset Management Senior Associate, Executive , Stamford, Connecticut