Vice President of Asset Management - Selby Jennings

Vice President of Asset Management - Class A Commercial & Multifamily

The Vice President of Asset Management for Class A Commercial & Multifamily properties will be responsible for overseeing the strategic direction, performance, and optimization of our premium real estate portfolio.

Key Responsibilities:

• Portfolio Strategy & Optimization: Lead the development and execution of asset management strategies designed to maximize the value and performance of the portfolio.
• Financial Analysis & Reporting: Provide in-depth financial analysis of portfolio performance, identifying key trends, offering strategic insights, and presenting recommendations to senior management.
• Market Intelligence: Conduct comprehensive market research to assess trends, opportunities, and risks, ensuring the portfolio remains competitive and aligned with market conditions.
• Acquisitions & Dispositions: Assist in managing acquisitions, dispositions, and recapitalizations, including handling due diligence, pre- and post-closing activities, and integrating new assets into the portfolio.
• Capital Planning & Budgeting: Review capital budgets, long-term financial plans, and business plans for both existing properties and potential acquisitions.
• Operational Excellence: Collaborate with property management teams to implement business plans, optimize operations, and ensure high levels of tenant satisfaction and retention.
• Development Coordination: Work closely with the development team on assets under construction, ensuring smooth project execution and alignment with strategic objectives.
• On-Site Inspections: Conduct regular site visits to properties to ensure adherence to strategic goals, operational efficiency, and portfolio standards.
• Regulatory Compliance: Ensure full compliance with legal, regulatory, and environmental requirements across all properties within the portfolio.
• Stakeholder Engagement: Build and maintain strong relationships with key stakeholders, including investors, lenders, and external partners, to ensure alignment and foster long-term partnerships.

Qualifications:

• Education: Bachelor's degree in Real Estate, Finance, Business, or a related field. MBA or equivalent advanced degree preferred.
• Experience: 7-10 years of experience in asset management, with a strong track record managing complex, mixed-use real estate portfolios (office, retail and multifamily properties)
• Skills: Advanced financial modeling skills, with proficiency in tools such as ARGUS, Excel, and other industry-standard software.
• Leadership: Strong leadership and communication skills, with the ability to influence stakeholders and collaborate across teams at all levels of the organization.
• Analytical Acumen: Excellent analytical and problem-solving abilities, with a strategic, big-picture mindset.
• Adaptability: Proven ability to thrive in a fast-paced, entrepreneurial environment and manage multiple priorities effectively.
• Experience: With office, retail and multifamily properties.