Senior Associate - Asset Management at Asana Partners

Los Angeles, California, United States -

Full Time

Start Date

Immediate

Expiry Date

21 Sep, 26

Salary

0.0

Posted On

23 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Asset Management, Retail Real Estate, Lease Negotiation, Financial Analysis, Argus Enterprise, Advanced Excel, Underwriting, Due Diligence, Capital Markets, Business Planning, Project Execution, Tenant Relations

Industry

Real Estate

Description

Description Asana Partners is a retail real estate investment firm creating value in vibrant neighborhoods by leveraging vertically integrated capabilities and retail expertise. With more than $8 billion of neighborhood assets under management, the firm is active in growth markets throughout the United States and is driven to make a positive impact within communities. Our distinctive company culture is the key to our success. We recruit high-performing, ambitious individuals who are entrepreneurial and eager to maximize their potential in a team environment. We value relationship building – both internally and externally – and view it as the foundation for creating value for our neighborhoods and generating strong results for our investors. Asana Partners is known for our proven, strategic approach; our sophisticated, collaborative team; and our high-quality portfolio. With offices in Charlotte, Atlanta, Boston, Columbia, Denver, Los Angeles, and New York, we were founded to be a firm that would provide career-long opportunities for our people and a long-term partner for our investors. For additional information, visit www.asanapartners.com or follow @asanapartners. The Senior Associate will manage and execute the asset management strategies for an institutional-quality neighborhood retail and mixed-use assets portfolio in the Western US. The Senior Associate will lead all aspects of investment-level business planning and will collaborate with various internal and third-party teams to drive execution. The Senior Associate will drive leasing strategy, deal management and lease negotiations for retail and office leases. The Senior Associate will also partner with Investments on acquisition due diligence and onboarding, lead property management and tenant relations, redevelopment project executions, secured debt strategy and placements, and disposition execution for the region. Duties include: Drive value-creation opportunities through repositioning, redevelopment, and re-merchandising, grounded by strategic analysis such as internal rates of return and yield on cost, etc Oversee management of third-party business plan execution teams including leasing, property management, legal, due diligence, valuation, and lender partners Dictate goals for internal and external leasing partners on leasing strategy and retail merchandising strategy for asset business plans Manage up and down company org chart cross-functionally to achieve annual goals Partner with the Investments Team on underwriting potential acquisitions, post-contract investment due diligence and onboarding, and dispositions Monitor execution with strict discipline to meet or exceed quarterly valuation targets, with complete mastery of variance drivers Partner with the internal Investment Accounting team to ensure the integrity of investment financial reporting and analysis for investor relations Requirements 5 - 7+ years of direct experience Deep understanding of retail real estate business planning, execution and valuation implications Extensive experience in real estate capital markets and asset disposition strategies Proven team leader with experience managing multiple cross functional teams Strong negotiation, critical thinking, and problem-solving skills Demonstrated track record of interpersonal relationship development Extensive Argus Enterprise Experience and Advanced Excel modeling experience Excellence in financial analysis and ability to synthesize ideas to Senior Management Strong work ethic, self-motivated, and capable of effective independent judgment Unwavering compliance with deadlines Acute attention to detail and passion for quality and excellence Strong organizational and process skills to manage multiple competing priorities

Responsibilities

Manage and execute asset management strategies for a portfolio of neighborhood retail and mixed-use assets in the Western US. Lead leasing strategies, deal management, and collaborate with internal and third-party teams to drive value creation and investment goals.