Asset Management Associate
Job Description:
Asset Management Associate
Location: Fully Remote
Employment Type: Full-Time
Annual Base Salary: $110,000
Additional Compensation: Performance-Based Bonus
Industry: Commercial Real Estate / Investment Management
Experience Required: 5+ Years
Position Overview
Our client, a well-established and growing commercial real estate investment and asset management firm, is seeking an experienced Asset Management Associate to join its team in a fully remote capacity.
This position offers an opportunity to work with a diversified portfolio of commercial real estate assets, including retail, industrial, and healthcare properties.
The Asset Management Associate will play a critical role in maximizing asset performance, managing leasing and disposition initiatives, evaluating investment strategies, and supporting the financial and operational success of assigned portfolios.
The ideal candidate is a highly analytical, results-driven commercial real estate professional with strong financial modeling capabilities, transaction management experience, and a proven ability to execute complex leasing and disposition projects.
Key Responsibilities
Asset Management & Portfolio Performance
- Drive financial and operational performance across assigned commercial real estate portfolios.
- Identify opportunities to maximize long-term investment returns while mitigating portfolio risks.
- Monitor asset performance, market conditions, and operational strategies.
- Collaborate with property management and operations teams to implement asset improvement initiatives.
- Develop and execute strategies for underperforming and distressed assets.
Leasing & Transaction Management
- Manage commercial leasing initiatives from initial negotiations through lease execution and tenant occupancy.
- Review and negotiate lease provisions, financial terms, and key contractual obligations.
- Coordinate with brokers, tenants, legal counsel, and internal stakeholders throughout the leasing process.
- Oversee landlord delivery requirements, tenant improvements, property inspections, and lease documentation.
- Work with lenders and loan servicers to obtain necessary approvals and maintain compliance with loan covenants.
Acquisitions & Dispositions
- Support the disposition of commercial real estate assets from initial negotiations through successful closing.
- Assist with Letters of Intent (LOIs), Purchase and Sale Agreements (PSAs), and transaction due diligence.
- Coordinate transaction documentation, critical dates, and closing requirements.
- Evaluate potential asset sales, buyouts, and hold-versus-sell strategies.
- Partner with third-party buyers, brokers, lenders, and legal representatives to facilitate successful transactions.
Financial Analysis & Investment Strategy
- Partner with financial analysts to evaluate asset performance and investment opportunities.
- Review financial statements, operating budgets, forecasts, and cash flow projections.
- Conduct financial analyses, including:
- Net Present Value (NPV)
- Net Effective Rent (NER)
- Cash Flow Analysis
- Buyout Analysis
- Disposition Modeling
- Sell vs. Hold Analysis
- Conduct market research to evaluate leasing opportunities, property valuations, and market trends.
- Prepare investment recommendations, financial presentations, and transaction summaries for executive leadership.
Project Management & Cross-Functional Collaboration
- Manage multiple leasing, disposition, and asset management projects simultaneously.
- Establish project timelines, monitor critical milestones, and ensure timely execution.
- Coordinate with property managers, brokers, tenants, analysts, legal counsel, and external partners.
- Identify potential risks, resolve operational challenges, and maintain accountability across project teams.
- Provide regular updates and strategic recommendations to senior leadership.
Required Qualifications
- 5+ years of progressive experience in commercial real estate asset management, acquisitions, development, portfolio management, real estate finance, or a related field.
- Bachelor's degree in Real Estate, Finance, Accounting, Economics, Business Administration, or a related discipline; equivalent directly applicable experience may be considered.
- Demonstrated experience negotiating commercial leases, managing real estate acquisitions or dispositions, or overseeing development projects.
- Strong understanding of commercial leasing, market analysis, lease underwriting, and transaction structuring.
- Experience evaluating financial and operational performance across commercial real estate assets.
- Advanced financial analysis and modeling capabilities, including cash flow projections, NPV, NER, and disposition analysis.
- Experience reviewing property financial statements, budgets, forecasts, and investment performance models.
- Strong project management skills with the ability to oversee multiple complex transactions.
- Excellent written and verbal communication skills.
- Demonstrated ability to collaborate with brokers, lenders, tenants, property managers, and executive leadership.
- Strong organizational skills, attention to detail, and the ability to meet critical deadlines.
Ideal Candidate Profile
The successful candidate will demonstrate:
- Commercial Real Estate Expertise: Strong knowledge of asset management, leasing, acquisitions, dispositions, and investment performance.
- Financial Acumen: Ability to interpret complex financial data and translate findings into actionable investment recommendations.
- Transaction Execution: Experience managing commercial real estate transactions from negotiation through closing.
- Strategic Thinking: Ability to identify opportunities that enhance portfolio performance and minimize financial risk.
- Accountability: A proactive approach to managing projects, coordinating stakeholders, and delivering results.
- Relationship Management: Strong interpersonal skills and experience collaborating with internal teams and external business partners.
- Independent Work: Ability to manage responsibilities, communicate effectively, and meet deadlines in a fully remote environment.
Compensation & Benefits
Annual Base Salary: $110,000
Additional Compensation: Performance-based bonus opportunities.
Our client offers a competitive benefits package, including:
- Fully remote work arrangement.
- Employer-supported medical benefits, including a $740 monthly medical benefit contribution and 50% coverage of any remaining premium balance.
- Generous paid time off:
- 15 days annually during years 1–2.
- 20 days annually during years 3–5.
- 25 days annually beginning in year 6.
- Company-funded profit-sharing plan after one year of service, subject to vesting requirements.
- Opportunities for professional development and career advancement.
- Direct exposure to senior leadership and executive decision-making.
- Opportunity to work within a growing commercial real estate investment organization.
Why Consider This Opportunity?
This is an excellent opportunity for an experienced commercial real estate professional seeking a fully remote position offering a $110,000 annual base salary, performance-based bonus potential, and long-term career growth.
The selected candidate will gain exposure to a diversified commercial real estate portfolio while working closely with experienced investment professionals and senior leadership.
Our client values individuals who demonstrate integrity, accountability, initiative, collaboration, and a commitment to delivering exceptional results.
Apply Today
If you are an experienced commercial real estate professional with a strong background in asset management, leasing, financial analysis, or real estate transactions, we encourage you to apply.
Qualified candidates are invited to submit their resumes for confidential consideration.
Equal Employment Opportunity
Our client is an Equal Opportunity Employer and is committed to providing equal employment opportunities to all qualified applicants regardless of race, color, religion, sex, national origin, age, disability, veteran status, or any other legally protected characteristic.