VP of Asset Management
Real Estate Private Equity ($1 Billion AUM)
San Diego
Job Description
Responsibilities:
- Leasing Strategy & Oversight:
- Hire and oversee leasing professionals
- Approve LOIs and review tenant financials
- Negotiate deal terms and lead lease renewals
- Drive rent growth and approve final lease documentation
- The continuous monitoring of the original underwriting of the property to ensure that the business plan is achieved and exceeded.
Third-Party Management:
- Participate in due diligence for new assets
- Oversee post-closing requirements and transitions
- Identify, hire, and manage best-in-market third-party firms
- Negotiate service contracts and support operational execution
- Review and approve property budgets, CAMs, and monthly reporting
- Oversee BI & TI and improve documentation processes
Leadership:
- Hire and train internal asset management team
- Lead due diligence and integration for new acquisitions
- Establish and enforce controls, including variance reporting
- Approve payables via Elevate and lead leasing renewals
- Manage internal lease documents and approval workflows
Lender & Financial Reporting:
- Prepare and submit quarterly and year-end reports
- Submit leases and obtain lender approvals
- Manage loan draws and insurance variance requests
- Administer loan compliance via LoanBoss
Real Estate Taxes (RET)
- Review and approve annual tax protest recommendations
- Lead data requests and submissions for annual protests
Insurance Compliance:
- Track policy expirations and analyze competitive bids
- Ensure loan requirement compliance and assist in claims management
Legal Oversight:
- Review and revise lease language
- Manage evictions, terminations, bankruptcies, and workouts
- Navigate lender defaults, subleases, assignments, and easements
Requirements
- 7+ years in commercial real estate asset management
- Strong leadership and negotiation skills
- Deep understanding of lease structures, financial reporting, and operational controls
- Proven experience managing internal teams and third-party vendors
- Adept at working with lenders, legal teams, and tax/insurance professionals