At least 5 years of experience in commercial real estate financial analysis, underwriting, leasing, and/or operations management, primarily with office real estate products.
Working knowledge of the acquisition and disposition cycle and proficiency in Argus.
Ability to identify issues quickly through attention to detail and critical thinking.
Negotiation skills and experience managing third-party service providers to achieve results.
Ability to work on a team and take on work outside the specific role when necessary.
Proficiency in Microsoft Office products, including Word, Excel, and Outlook.
Must pass a background screening before employment begins.
Responsibilities
Ensure financial return thresholds for each fund and/or individual real estate investment are achieved through strategic direction of revenue, expenses, and capital expenditures.
Create revenue guidance with the Director of Asset Management, understand capital requirements and funding sources, validate tenant creditworthiness, and escalate items within appropriate parameters and timeframes.
Lead onboarding and transitions of developments and acquisitions to the asset management platform, and manage liquidation and offboarding at fund or asset strategy maturity.
Update and validate financial models consistent with underwriting parameters to support investment performance, forecasting, and sensitivity analysis.
Collaborate directly with Property Management and Accounting teams to support each business plan.
Approve financial reporting packages for investors and lending partners, ensuring accuracy, validity, and timely delivery.
Maintain and update lender draw request documentation and compile data packets for approval and submission.
Lead and source debt placement at maturity or as needed to improve the financial strength of each fund and/or asset.
Contribute as a team member to the organization and perform other duties as assigned.
Description
At Larson Capital Management, LLC, the Asset Manager role is a vital contributor to the success of our commercial real estate investment holdings, reporting to the Director of Asset Management. This role requires the combination of commercial real estate acumen, astute analytical reasoning, future-focused thinking, well-honed negotiation skills and the ability to build relationships with internal and external peers to accomplish overall financial goals.
Responsibilities:
Ensure the achievement of the financial return thresholds for each fund and/or individual real estate investment through the strategic direction of revenue, expense and capital expenditures.
Creating revenue guidance in conjunction with the Director of Asset Management, understanding capital requirements and funding sources, validating credit worthiness of each tenant and escalating items within the appropriate parameters and timeframes.
Lead on-boarding and transitioning of developments and acquisitions to the asset management platform and manage liquidations and off-boarding process at fund or asset strategy maturity.
Update and validate financial modeling consistent with our underwriting parameters to ensure investment performance, forecasting and sensitivity analysis.
Direct collaboration with operational teams (Property Management and Accounting) to ensure the success of each business plan.
Approval of financial reporting packages for investors and lending partners; ensuring accuracy and validity within time parameters required.
Maintain and update any lender draw request documentation required and promptly compile data packets necessary for approval and submittal.
Lead and source effective debt placement at maturity or as necessary to improve the financial strength of each fund and/or asset.
Effectively participate as a team member and contribute to the health of the entire organization and other duties as assigned.
Requirements
Qualifications:
Minimum 5+ years in commercial real estate financial analysis, underwriting, leasing and/or operation management primarily with office real estate products
Working knowledge of the acquisition and disposition cycle and is proficient in Argus.
Attention to detail and critical thinking skills to quickly identify issues before becoming problems.
Disciplined negotiation skills and experience managing third-party service providers to achieve outstanding results.
Ability to work on a team and carry a load outside of the specific role when necessary.
Skilled in MS Office products; proficient in Word, Excel, and Outlook.
Each candidate must pass a background screening prior to employment beginning.
About the Company
Larson Capital Management primarily focuses on commercial real estate investments. The company is rapidly expanding in investment holdings throughout the country. Our current holdings include office, industrial, retail and multi-family properties or developments located across six states and our path for growth is significant. Larson Capital Management is a registered RIA with the SEC and is part of the Larson Financial Holdings group of companies which collectively has 11 billion dollars of assets under management for clients across the county.
Our culture is one which strives for excellence, allows for a degree of autonomy to reach your individual goals and is built on the expectation that those who join our team seek for a challenging and often changing environment where you can continue to build upon your skill base and bring new value, ideas and best practices to the entire organization.
Larson Capital Management offers a generous employee benefits & perks package:
Profit Sharing Bonus Program
401(k) Employer Match up to 4%
Medical Insurance (HDHP HSA plans are FREE to employees only, dependent coverage available for cost)