Asset Manager

Mark Iv Capital - Las Vegas, NV

Full-time - Mid Level

Las Vegas, NV

Real Estate

About the position

Mark IV Capital is a privately held, growth-oriented real estate development and investment company headquartered in Newport Beach, CA, focusing on acquiring, developing, owning, and operating commercial real estate assets. The company is seeking an Asset Manager to oversee its assets throughout Southern Nevada and support future development and acquisition opportunities. The selected candidate will be based in Las Vegas and will report directly to the Vice President of Development and Asset Management for the Southern Nevada region. This role will also involve overseeing a team of analysts and property managers, engaging in a broad range of responsibilities with a strong emphasis on leasing and asset management. The Asset Manager will be responsible for implementing asset-level strategies that align with regional strategies and company objectives. This includes managing the leasing process, which involves interfacing with brokers, negotiating proposals and leases, and evaluating the creditworthiness of prospective tenants. The role requires managing assigned assets to maximize long-term cash flow, which includes monitoring asset budgets and comparing them to market performance. Additionally, the Asset Manager will oversee ongoing property operations, leading the in-house property management team, and managing tenant improvement and capital expenditure projects from conception to completion. The position also entails managing the selection process for architects, engineers, contractors, and other consultants required for projects, including reviewing proposals, negotiating terms, and drafting contracts. The Asset Manager will be responsible for managing the construction progress of tenant improvement and capital expenditure projects to ensure they are completed on time, within budget, and in accordance with construction documents. Furthermore, the role involves interfacing with Mark IV Capital's accounting department to manage all accounting aspects of the assigned assets and ensuring compliance with loan requirements related to leasing. The Asset Manager will also develop and maintain active relationships with real estate brokers and other third parties, participate in the hiring and training of property managers and analysts, and manage the creation and presentation of annual budgets for the assigned assets. Regular reporting and updates to the Senior Vice President, California, and assisting with the underwriting and due diligence of new acquisition and development opportunities are also key responsibilities.

Responsibilities

• Implement asset-level strategies to align with regional strategy and company objectives.
• Manage the leasing process, including interfacing with brokers, negotiating proposals and leases, and evaluating creditworthiness of prospective tenants.
• Manage assigned assets to maximize long-term cash flow, including monitoring asset budgets and comparing to market performance.
• Oversee ongoing property operations, leading the in-house property management team.
• Manage tenant improvement and capital expenditure projects from conception to completion.
• Manage the selection process for architects, engineers, contractors, and other consultants, including reviewing proposals and negotiating terms.
• Manage architects, engineers, and consultants throughout the construction process.
• Oversee the construction progress of tenant improvement and capital expenditure projects to ensure timely and budget-compliant completion.
• Interface with the accounting department to manage all accounting aspects of assigned assets.
• Manage loan compliance related to leasing requirements and assist the Vice President of Development and Asset Management with property-level financing.
• Develop and maintain active relationships with real estate brokers and other third parties.
• Involved in the hiring, management, and training of property managers and analysts for assigned assets.
• Manage the creation and presentation of annual budgets for assigned assets.
• Provide regular reports and updates to the Senior Vice President, California, and assist with underwriting and due diligence of new acquisition and development opportunities.

Requirements

• Bachelor's degree in a related field of study; Master's degree preferred.
• 5+ years of commercial real estate asset management experience, with an emphasis on commercial assets such as office, medical office, and industrial preferred.
• Proficiency in Microsoft Office Suite 365, especially Excel and PowerPoint.
• Excellent knowledge of Argus and asset valuation principles.
• Relevant accreditations such as LEED, WELL, etc. preferred.
• Experience in drafting, negotiating, and managing contracts, leases, and other legal documents.
• High level of integrity, professionalism, and a strong work ethic.
• Detail-oriented and organized, with a commitment to accuracy and quality in all work.
• Demonstrated knowledge of accounting principles and data analysis.
• Effective verbal and written communication skills with the ability to present information clearly and concisely.
• Proven ability to work both independently and collaboratively in a fast-paced environment.
• Strong analytical and problem-solving skills, with the ability to think critically and make informed recommendations.
• Strong interpersonal skills.
• Excellent organizational and time management skills; ability to prioritize workload effectively.
• A true team player and leader with a company-oriented attitude.
• Ability to meet deadlines and manage conflict and crisis effectively.

Nice-to-haves

• Experience with LEED or WELL certifications.
• Familiarity with advanced data analysis tools and techniques.