Asset Manager

Company: ConAm Management Corporation
Location: San Diego
Posted on: March 19, 2023

Job Description:

DescriptionWHO WE ARE:The CONAM Group is a multi-disciplined real estate investment, development and property services firm based in San Diego. With nearly 5 decades of investment and operating history, CONAM has successfully navigated through the real estate cycles while consistently delivering excellent performance. CONAM owns and operates in 11 states and 26 metropolitan areas. Throughout our history, we have developed more than 16,000 units and renovated over 57,000 units nationwide and we currently manage approximately 54,000 units across more than 400 properties. We are actively growing our assets under management and are looking to expand our team of asset managers.Responsibilities include, but are not limited to, the following:1. Asset Management

• Maximize cash flow and property values by managing income, expenses, and long-term asset strategy within the framework of each investment objectives.
• Proactively oversee the repositioning of value-add projects; collaborate with the Property Services and Development groups to effectively track and manage capex and renovation projects.
• Collaborate with Property Management to develop annual business plans, operating budgets, and recommended strategies for each property to maximize value and meet investment objectives. -
• Review and analyze each property's monthly and quarterly financial and operational performance against budget and pro forma. Provide analysis of significant issues and recommendations to senior management.
• Select and monitor the KPIs (key performance indicators) that define the investor's return and key asset controls.
• Develop a thorough understanding of industry trends as well as the economic, supply/demand, and demographic drivers for each market.
• Conduct on-site visits; collaborate with property managers, Development, and Property Services; review competitive projects.
• Review contracts including purchase and sale agreements, financing documents, third party vendor contracts, and partnership agreements.
• Calculate and recommend quarterly and annual investor distributions for each asset.2. Communication
  • Reports to Sr. Vice President of Asset Management and communicates regularly with Senior Leadership Team, Equity Partners and Ownership Group.
  • Communicates directly with the Regional Vice Presidents, Regional Portfolio Managers, Area Managers, and Community Managers of CONAM owned assets.3. All other duties as assigned.Knowledge, Skills, and Abilities:
    • Bachelor's degree in Business or Finance, MBA preferred.
    • At least 3 years of experience as an Asset/Investment Manager or relevant commercial real estate industry experience.
    • Proficient in Microsoft Office (Outlook, Word, Excel, and PowerPoint).
    • Detail-oriented with strong analytical skills, and experience with complicated transaction structures. -Able to effectively manage time, resources and information to meet or exceed deadlines.
    • Ability and desire to understand specific markets and industry trends and how they relate to each project and its specific strategy.
    • Internally motivated and able to perform effectively with limited supervision and with various team members, investors, or external stakeholders, exhibiting a sense of drive and ownership..
    • Communicate clearly to articulate the strategic and/or financial implications of various scenarios, as necessary.
    • Ability to manage complex situations and ambiguity, adapting to changing circumstances quickly and effectively.This position is a Full-Time - Salary - Full Benefits.WHY YOU WANT TO WORK HERE:CONAM Management Corporation is an experienced, full service real estate and property management firm which has been in the business for over 40 years. The company has earned its reputation as an industry leader through commitment to excellence and high ethical standards. CONAM serves clients nationwide through a network of regional offices located in key metropolitan areas.Our benefits are designed with our associates in mind which include medical, dental, life, vision, paid sick and vacation, identity theft protection, 401(k), Flexible Spending Accounts and an Employee Assistance Program (EAP). Not to mention we get to surround ourselves with amazing people we enjoy working with daily.Any offer of employment would be contingent upon: acceptable criminal background report, acceptable verification of previous employment, pre-employment physical, negative drug test, and a valid driver's license with proof of insurance coverage. We are an Equal Opportunity Employer.If this sounds like the right position for you, just click the -"APPLY" -button above. You will be given an option to submit a resume -or complete an online application.Please Note: Job pay bands are available upon request. Job pay bands are established based on a multi-state national range. All job offers will consider a wide range of factors to include geographic location, benefits, including discounted housing (if applicable specific to the position and location) market conditions, internal equity, as well as candidate qualifications, such as skills, education, and experience.

Keywords: ConAm Management Corporation, San Diego , Asset Manager, Executive , San Diego, California