Senior Asset Manager

This is a fully remote position, open to applicants in California, +2 more states.

📋 Description

• Develop strategic plans for each owned asset, advising on whether to retain, lease, reposition, or sell.

• Monitor net operating income, occupancy rates, rent rolls, and expense variances, identifying key drivers and determining necessary actions.

• Oversee the annual business plan along with operating and capital budgets for the owned portfolio.

• Assess acquisition opportunities and offer recommendations based on underwriting analysis.

• Construct disposition strategies that include timing, pricing expectations, and the use of proceeds.

• Collaborate with transaction management on selecting brokers, marketing strategies, and execution.

• Advise on capital allocation considering return on investment, risk mitigation, and tenant requirements.

• Review capital plans and project scopes, monitoring expenditures against approved budgets.

• Formulate leasing strategies for vacant and expiring spaces, targeting specific tenants, rate ranges, and potential concessions.

• Create expiration and renewal strategies while evaluating roll risks.

• Analyze leasing and broker recommendations, ensuring the team adheres to the plan.

• Update the Chief Growth Officer/Treasurer on portfolio risks, opportunities, and budget statuses.

• Compile approval packages for strategic initiatives, budgets, and significant capital decisions.

• Maintain a precise, complete, and reliable record system in collaboration with the client’s Real Estate System Administrator and the JLL Account team.

• Coordinate with property management on the delivery of approved plans and engage with energy and procurement teams on operational cost and sourcing opportunities.

• Report directly to the Asset Management Services (Americas) team and indirectly to the Account Director.

⛳️ Requirements

• A minimum of eight years in asset management, portfolio management, or investment management within institutional or corporate real estate.

• Preference for candidates with healthcare or medical office experience.

• Proven track record in preparing and presenting regular business plans, investment proformas, hold and sell analyses, and disposition strategies.

• Experience in evaluating acquisitions and leading leasing and transaction activities with brokers and transaction teams.

• Familiarity with working within a client governance framework, including formal reporting and delegated authorities.

• Proficiency in asset-level financial modeling and valuation techniques.

• Strong understanding of leasing economics, capital planning, and disposition analysis.

• Comfortable working from a shared data platform that serves as the single source of truth.

• A professional qualification such as MRICS or CFA, or an equivalent credential, is preferred.

• Authorization to work in the United States without sponsorship is required.

🏝️ Benefits

• 401(k) plan with company matching contributions.

• Comprehensive medical, dental, and vision care coverage.

• Paid parental leave at 100% of salary.

• Paid time off and company holidays.

• Early access to earned wages through Daily Pay.

• A supportive culture with a comprehensive benefits package that prioritizes mental, physical, and emotional health.