RETS Associates, on behalf of our client, is seeking a Senior Director, Asset Management to lead and oversee the financial performance and business planning of their $3B+ west coast shopping center portfolio. The VP reports to the COO and works across their platform with Executive Leadership, Investments, Leasing, Property Management, and Finance/Accounting. The Senior Director will work from their Newport Beach office.
Responsibilities
Create and implement comprehensive business plans for each asset aligning with investment objectives.
Identify opportunities to enhance asset value, including repositioning, redevelopment, and tenant mix optimization.
Drive quarterly portfolio review presentation and strategy sessions involving leasing, property management, and construction.
Monitor the financial performance of each asset relative to expense forecasting, leasing plan, and capital budgets.
Prepare lease-related financial analysis such as NPV analysis, payback, and health ratio.
Qualifications
10+ years of experience in commercial asset management, space marketing, lease negotiations and administration, with emphasis on retail property.
Bachelor's degree in business management, finance, real estate, or related discipline.
Understands budgeting and allocation of costs and basic principles of RE finance and investment.
Strong leadership and excellent oral and written communication skills.
Ability to travel as needed.
If you have strong retail asset management experience and are interested in this opportunity, please apply through LinkedIn.