Real Estate Asset Manager – Self Storage Job Vacancy in Confidential Cincinnati, OH – Latest Jobs in Cincinnati, OH
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Company Name : Confidential
Location : Cincinnati, OH
Position : Real Estate Asset Manager – Self Storage
Job Description : About the jobWe are currently seeking an experienced Asset Manager based in Cincinnati, OH. The candidate will lead the asset management team in the oversight of a portfolio of self-storage properties. The Asset Manager will analyze all aspects of asset performance and report to management/equity partners as needed, develop property-level strategies including leasing/pricing/capital expenditures etc., and monitor property and portfolio performance as compared to budgets.The Asset Manager position is ideal for someone interested in working for a fast-paced, rapidly growing real estate acquisition and operating company.The Asset Manager is a key member of the team that is focused on monitoring and analyzing asset performance and ensuring the execution of each unique asset-level business plan. This position is highly multidisciplinary and will require working closely with members of the acquisition, operations, investment, marketing, and construction teams.Responsibilities include but are not limited to the following:Monitor, analyze, and report on asset level performance, strategy, and operational budgets across the portfolioDiagnose and problem solve operational issues with the operations team to identify what is keeping properties from achieving performance targetsAnalyze information to assess current asset performance. Propose special projects or capital expenditures that generate asset level growthAssist acquisitions, investment, accounting, and operations departments in successfully closing and onboarding of a new investmentsAnalyze operating statements, marketing campaign efficacy, revenue management, capital expenditure projects and performance data to provide feedback to improve operational performance and underwriting assumptionsDevelop reporting systemsCreate and distribute monthly asset performance reporting to property manager and executive leadershipPerform periodic site visits to ensure operational execution and identify gaps in strategyAnalyze, propose and implement strategy to optimize non-storage lease revenue (billboards, retail tenants, etc)Manage revenue management platform in conjunction with operations department and field staffAssist operations, financial and investment team in annual budget preparation including proposed annual capital improvement plansAnalyze performance data with investment team to help optimize refinancing assumptions and timelinesQualifications:· Bachelor’s Degree in Accounting, Business, Finance, Economics, Real Estate or similar field· Experience in self-storage operations/financial/performance and/or commercial real estate asset management· Proficiency with Microsoft Excel and Microsoft Office platform· Experience in financial modeling with an understanding of basic concepts such as net operating income, debt service coverage ratio, cash on cash returns and internal rate of return· Working knowledge of data analysis and visualization· Organizational skills and attention to detail with the ability to prioritize and manage multiple projects simultaneously· Effective interpersonal communication (verbal and written) and listening skills· Ability to function both in a team-oriented setting and independently· Self-starter able to work in an entrepreneurial environment· Team player with a good attitude· Able to work under a common set of core values and principlesSupervisory Responsibilities & Controls:We Offer:· Career Growth Opportunities· Flexible Work Schedule: get your work done the way that works best for you.· Benefits· No Vacation Tracking· Casual Dress Code Most DaysJob Type: Full-timePay: $85,000.00 – $115,000.00 per yearBenefits:Flexible scheduleHealth insurancePaid time offProfessional development assistanceRelocation assistancePhysical Setting:OfficeSchedule:Monday to FridayExperience:Microsoft Powerpoint: 1 year (Preferred)Work Location: Multiple Locations
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