Commercial Asset Manager

$200,000 - $500,000/Yr

Pinpoint Talent - Palo Alto, CA

posted 4 months ago

Full-time - Mid Level
Palo Alto, CA
Administrative and Support Services

About the position

As an Asset Manager at Pinpoint Talent, you will play a pivotal role in managing and optimizing a diverse portfolio of commercial and mixed-use properties. This position places you at the forefront of driving financial performance and strategic success for our clients. Your responsibilities will include overseeing property operations, leading renovation projects, and collaborating closely with various stakeholders to maximize asset value. You will be expected to formulate and execute asset management strategies that encompass budgeting, capital investment planning, and leasing, ensuring that all activities align with the overall goals of the organization. In this role, you will oversee both third-party and internal property managers, brokers, and vendors to ensure optimal performance across the portfolio. You will also be responsible for managing renovation projects and tenant improvements, ensuring that they are completed within budget and in accordance with lease agreements. Developing strong relationships with capital partners and negotiating real estate contracts will be key components of your responsibilities. As a market expert, you will need to stay informed about trends and economic drivers that impact asset performance, allowing you to make informed decisions that enhance the value of the properties under your management.

Responsibilities

  • Oversee third-party and internal property managers, brokers, and vendors to ensure optimal performance.
  • Formulate and execute asset management strategies, including budgeting, capital investment planning, and leasing.
  • Manage renovation projects and tenant improvements, ensuring alignment with budget and lease agreements.
  • Develop strong relationships with capital partners and negotiate real estate contracts.
  • Serve as a market expert, understanding trends and economic drivers impacting asset performance.

Requirements

  • 5-10 years of experience in mixed-use real estate, with 5-7 years specifically in asset management.
  • Bachelor's Degree in business, finance, accounting, or real estate.
  • Industry accreditations (e.g., CCIM) preferred.
  • Advanced proficiency in Microsoft Excel, Word, Argus, Yardi, and Yield Star/AIRM.
  • Strong analytical, financial, and strategic planning skills.
  • High level of integrity, trustworthiness, and ability to work in a fast-paced environment.

Nice-to-haves

  • Dynamic, self-motivated, and confident with exceptional interpersonal skills and executive presence.

Benefits

  • Competitive base salary ranging from $200,000 to $500,000, commensurate with experience.
  • Bonus potential and comprehensive benefits package, including 100% employer-paid health insurance and a matching 401k plan.
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