Associate, Asset Management, Industrial - Vancouver, Canada - QuadReal Property Group

QuadReal Property Group

Verified Company

Vancouver, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

About QuadReal Property Group
QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management total $67.1 billion.

From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets.

QuadReal invests directly, via programmatic partnerships and through operating companies in which it holds an ownership interest.

QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves.

Now and for generations to come.

QuadReal:
Excellence lives here.

Discover _Glassdoors_ #3 Best Places to Work 2023_

Associate
, Asset Management

Based in Santa Monica, LA or New York, NY, the Associate will be reporting to the Vice President, Asset Management, US Industrial.

This role will support QuadReal's wholly owned direct invested portfolio of industrial assets to develop, and execute asset strategy plans and to enhance value, increase returns and position both the assets and the portfolio for growth.

This position will also require close collaboration with Valuations, Global Portfolio Management and Regional Investment teams working on variety of projects and will gain exposure to senior leaders within the company.

As an Associate
, Asset Management You Will:

Lead the development and execution of comprehensive asset strategies including, leasing, property improvements, capital budgeting, risk management, and hold/sell analysis
Work closely with leasing teams in driving lease transactions through all phases of negotiation and provide reporting for senior management approval
Aggregate asset management data and prepare in conjunction with Portfolio Management monthly, quarterly, and annual reporting for clients, senior management and BCI (as required)
Monitor property managers performance for compliance with annual budgets and business plans and prepare quarterly updates on asset performance, including progress on strategic initiatives QuadReal Property Group Associate, Asset Management, US Industrial (New York or Los Angeles)
Prepare hold/sell analyses, lease approval memos and other investment decisions in conjunction with the Investment team
Assist in furthering key asset management initiatives to streamline and standardize reporting templates including refinement of the asset level master database tenant exposure dashboards etc.
Collaborate with the Regional Investment teams in the due diligence process for new investments and asset dispositions regarding underwriting assumptions (market rent, rent growth, expenses, lease recovery structure, etc.)
Travel to assets to meet with onsite property management teams, brokers, tenants, and strategic partners

Your Background:

Bachelor's degree; preferably in Real Estate, Finance, Accounting or a related discipline with strong academic credentials and a passion for real estate
Minimum 3+ years of asset management experience in the real estate industry. Demonstrated experience in analyzing complex investment issues and developing and executing investment strategies to achieve results and mitigate risk
Strong quantitative and analytical skills; detailoriented and proficient in building and handling complicated data sets. Demonstrated aptitude manipulating large real estate portfolio and asset level data sets. Adept at synthesizing large quantities of information for concise executive level reporting and risk management.
Proficient in Excel, Word, PowerPoint. Applicable experience with MSCI and data dashboard creation in Excel and Power BI. Proficient in Argus, Yardi, RealPage or other revenue management/leasing tools preferred.
Must be extremely proactive and work well in a collaborative environment, with the ability to take guidance but then move projects forward independently.

Salary Range:
$125,000 - $135,000 USD

Don't have
all of the above skills?
Don't worry, we still want to hear from you**QuadReal will provide reasonable accommodation at any time throughout the hiring process for applicants with disabilities or for those needing job postings in an alternate format.

If you require accommodation, please advise the Talent Acquisition team member you are working with and include the following:
Job posting #, your name and your preferred method of contact.

Want to learn about our endtoend recruitment process? Click this _link_ for a short video that will take you through each step, so you'll know exactly what to expect._