Utah Property Management Associates
Asset Manager, Land
Utah Property Management Associates, Salt Lake City, Utah, United States, 84193
Suburban Land Reserve transitions and entitles agricultural land.
The Land Asset Manager is responsible for maximizing the value and performance of the organization's land portfolio. This role involves strategic oversight of land assets through proactive management, acquisition, and disposition efforts. The Land Asset Manager will drive long-term value by conducting in-depth financial and market analyses, developing and executing business strategies, and ensuring alignment with organizational objectives. A critical aspect of the role is building and maintaining strong relationships with municipalities, consultants, operating partners, brokers, and other key stakeholders.
RESPONSIBILITIES
Market Land Management
Manage existing holdings and implement asset-specific strategies to maximize long-term value and align with strategic goals. Identify and evaluate potential land acquisitions and dispositions; lead due diligence and risk assessments.
Financial Analysis and Budgeting
Develop and maintain financial models, valuations, and forecasts. Oversee annual budgets, business plans, and NOI performance, including reporting, capital projects, and vendor management using Yardi and related systems.
Stakeholder & Partner Engagement
Build and maintain relationships with municipal officials, legal counsel, consultants, and real estate professionals. Deliver clear, data-driven presentations and recommendations to senior leadership and key stakeholders.
Reporting Transactions Execution
Lead transaction processes from buyer identification to closing, including lease agreements, land sales, and joint ventures. Resolve operational and transactional issues efficiently and strategically.
Operational Oversight & Site Management
Conduct regular site visits to assess asset condition, capital needs, and progress against goals. Align property operations with overall investment strategies and monitor market conditions.
Market Intelligence & Strategic Reporting
Gather and analyze market data and financial insights to guide decision-making. Prepare performance reports and maintain accurate, timely documentation for all land transactions and asset activities.
Compliance, Risk Management & Innovation
Ensure regulatory compliance across zoning, environmental, and legal standards. Maintain complete asset records, contribute to process improvements, and support broader team initiatives and organizational goals.
QUALIFICATIONS
Bachelor's degree in Real Estate, Business, Finance, Economics, or related field; MRED or MBA preferred. Minimum of 5 years of experience in land asset management, real estate investment, acquisition, or development. Proficiency in financial modeling, forecasting, and valuation, with advanced Excel skills. Skilled in Microsoft Office and industry-standard platforms (e.g., Yardi) In-depth knowledge of land use planning, zoning regulations, entitlement processes, environmental compliance and regulatory frameworks. Deep understanding of real estate market dynamics and value drivers across different geographies. Strong financial and strategic analysis skills with a focus on maximizing asset performance. Sound judgment with the ability to make data-informed decisions and manage risk. Excellent written and verbal communication skills; capable of preparing and delivering effective presentations to diverse audiences. Strong interpersonal skills with a proven ability to build and maintain relationships with internal teams and external partners. Skilled in managing multiple priorities, transactions, and capital initiatives simultaneously. Proactive and team-oriented approach to work, fostering strong relationships and process improvements. Willingness to travel up to 25% for site visits, meetings, and stakeholder engagement.
Suburan Land Reserve is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, national origin, sexual orientation, gender identity, gender expression, veteran status, sex, or age and will not be discriminated against based on disability.
The Land Asset Manager is responsible for maximizing the value and performance of the organization's land portfolio. This role involves strategic oversight of land assets through proactive management, acquisition, and disposition efforts. The Land Asset Manager will drive long-term value by conducting in-depth financial and market analyses, developing and executing business strategies, and ensuring alignment with organizational objectives. A critical aspect of the role is building and maintaining strong relationships with municipalities, consultants, operating partners, brokers, and other key stakeholders.
RESPONSIBILITIES
Market Land Management
Manage existing holdings and implement asset-specific strategies to maximize long-term value and align with strategic goals. Identify and evaluate potential land acquisitions and dispositions; lead due diligence and risk assessments.
Financial Analysis and Budgeting
Develop and maintain financial models, valuations, and forecasts. Oversee annual budgets, business plans, and NOI performance, including reporting, capital projects, and vendor management using Yardi and related systems.
Stakeholder & Partner Engagement
Build and maintain relationships with municipal officials, legal counsel, consultants, and real estate professionals. Deliver clear, data-driven presentations and recommendations to senior leadership and key stakeholders.
Reporting Transactions Execution
Lead transaction processes from buyer identification to closing, including lease agreements, land sales, and joint ventures. Resolve operational and transactional issues efficiently and strategically.
Operational Oversight & Site Management
Conduct regular site visits to assess asset condition, capital needs, and progress against goals. Align property operations with overall investment strategies and monitor market conditions.
Market Intelligence & Strategic Reporting
Gather and analyze market data and financial insights to guide decision-making. Prepare performance reports and maintain accurate, timely documentation for all land transactions and asset activities.
Compliance, Risk Management & Innovation
Ensure regulatory compliance across zoning, environmental, and legal standards. Maintain complete asset records, contribute to process improvements, and support broader team initiatives and organizational goals.
QUALIFICATIONS
Bachelor's degree in Real Estate, Business, Finance, Economics, or related field; MRED or MBA preferred. Minimum of 5 years of experience in land asset management, real estate investment, acquisition, or development. Proficiency in financial modeling, forecasting, and valuation, with advanced Excel skills. Skilled in Microsoft Office and industry-standard platforms (e.g., Yardi) In-depth knowledge of land use planning, zoning regulations, entitlement processes, environmental compliance and regulatory frameworks. Deep understanding of real estate market dynamics and value drivers across different geographies. Strong financial and strategic analysis skills with a focus on maximizing asset performance. Sound judgment with the ability to make data-informed decisions and manage risk. Excellent written and verbal communication skills; capable of preparing and delivering effective presentations to diverse audiences. Strong interpersonal skills with a proven ability to build and maintain relationships with internal teams and external partners. Skilled in managing multiple priorities, transactions, and capital initiatives simultaneously. Proactive and team-oriented approach to work, fostering strong relationships and process improvements. Willingness to travel up to 25% for site visits, meetings, and stakeholder engagement.
Suburan Land Reserve is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, national origin, sexual orientation, gender identity, gender expression, veteran status, sex, or age and will not be discriminated against based on disability.