Asset Manager at Trigild

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

28 Jan, 26

Salary

170000.0

Posted On

30 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Asset Management, Leasing, Financing, Tenant Improvements, Capital Investments, Dispositions, Distressed Assets, Legal Aspects, Analytical Skills, Accounting Skills, Communication Skills, Excel, Teamwork, Critical Thinking, Property Management, Negotiation

Industry

Leasing Non-residential Real Estate

Description

Our Asset Manager will be responsible for managing a portfolio of distressed assets in receivership, working with internal and external teams to meet the objectives of each asset, maximize property performance, and stabilize assets for their next phase. Compensation: Starting at $170,000 plus bonus (base increase for experience) Desired Competency, Experience and Skills: 10+ years of experience with a focus on asset management activities, including leasing, financing, managing tenant improvements, capital investments, and dispositions Experience with distressed assets- often class C and B Ability to be self -sufficient to work outside the box to figure out challenges Exposure to legal aspect of commercial assets in receivership Comfortable navigating quickly changing portfolios and maintaining discretion when interfacing with building tenants Bachelor's Degree in Real Estate, Finance, Accounting; MBA a plus In-depth knowledge of real estate finance including commercial lease terms and debt and equity structures Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups Strong analytical, accounting and critical thinking skills High comfort level with the technology used to aid in collaboration, communication, and documentation Excellent written and oral communication skills Advanced knowledge of Excel including building templates for other users. Responsibilities: Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition Assure financial performance, timely reporting, proactive and high-quality repairs and maintenance, and positive tenant relations The candidate should enjoy everchanging work assignments as the portfolio could frequently change Assist with conducting transaction analysis and support due diligence for new acquisitions Assist with due diligence and follow-up on property transactions Review monthly property management reports for variance against budget and strategy Prepare monthly, quarterly, and annual reporting for investor clients and senior leadership Create cash flow projections, analyze and recommend investor capital calls and distributions Develop analytical tools to allow leadership to better understand the state of the portfolio Monitor and maintain compliance with all lender requirements Monitor timely payment of taxes and insurance premiums Monitor all escrow accounts and operating cash accounts to assure they are properly funded Collaborate with other departments to improve and document processes and streamline reporting Oversight of 3rdparty brokerage teams and leasing Negotiate leases and renewals throughout the portfolio #IND123 Over its 40 year history, Trigild has managed and operated hundreds of commercial properties. Trigild has expertise in managing a wide array of commercial real estate assets and operating businesses. Trigild leverages its expertise in property management, receivership, fiduciary, operations, consulting, and disposition services under one roof – for maximum service and value. Visit www.Trigild.com. Our portfolio includes Hotels, Multifamily Complexes, Office Buildings and Hospitality Properties (including restaurants, golf courses, amusement parks). Additionally, Trigild is the nationally recognized authority on non-performing commercial loans that combines Receivership/Trustee, Management and Disposition services under one roof. That means no coordinating multiple companies, and no duplication of fees. We have the expertise to quickly take control of the assets, maximize operating results, and speed recovery by selling the assets quickly through our national network of industry contacts. . Whether you are looking for commercial management services or a new level of performance on commercial loan recovery, Trigild can maximize value. All job offers are contingent on completion of a background check and proof of eligibility to work in the United States. Trigild does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Trigild to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Trigild will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.

Responsibilities

The Asset Manager will develop and implement strategic business plans for each asset, ensuring financial performance and positive tenant relations. They will also assist with transaction analysis and due diligence for new acquisitions.