Corporate Tools
Commercial Real Estate Asset Manager
Corporate Tools, Post Falls, Idaho, United States, 83854
Overview
Corporate Tools in Post Falls, Idaho is looking to add an experienced Commercial Real Estate Asset Manager to the team. Our business operates in all 50 states and owns/manages commercial RE buildings of various sizes throughout the US. You will be responsible for overseeing our commercial asset portfolio through three areas: Asset Procurement, Asset Management and Construction Management. This position is coded as “Hybrid” which means after initial training and onboarding, which will take place in office, occasional remote work is available. However, this role will be expected to continue to work in our Post Falls, Idaho office 2-3 days/week. Wage $80,000-$100,000/year dependent on meeting preferred qualifications Responsibilities
Asset Procurement: Search inventories in strategic national locations to identify buildings that match a predetermined set of criteria. Assess and make recommendations on the viability of the asset\'s financials, capital improvements, rent rolls etc. Establish a network of vendors (brokers, inspectors, contractors, etc.) to help facilitate the acquisition. Review and negotiate contracts for acquisition (in conjunction with in-house legal team). Help identify possible roadblocks to closing in specific locations (city, county, state jurisdictions). Asset Management: Work with on-site property managers in locations with larger assets to maintain building standards and overall property condition. Assess and make recommendations on the asset\'s rent rolls, CAMs, expenses, vendor agreements, and leases. Develop an annual capital improvement budget for each asset. Collaborate with the in-house finance team to develop an annual business plan for each asset. Identify, obtain bids and recommend contractors to handle maintenance and capital improvements. In smaller locations, work with on-site employees to manage and lease available space directly with tenants. Coordinate with the facilities team in the Spokane area to manage local assets. Construction Management: Identify contractors, architects and other vendors to handle tenant improvements and other capital improvements; manage construction projects with general contractors and sub-contractors. Define scope of work and construction standards with vendors; manage relationships with tenants during construction. Requirements
Exposure to Asset Procurement, Asset Management, and Construction Management. Project management skills such as time management, project budgeting, resource management and project scheduling for multiple projects. Ability to budget, schedule, negotiate, and control costs. High degree of familiarity with contract documents, terms, and conditions. Minimum 5 years of experience in commercial real estate, including expertise in areas such as brokering, leasing, construction, or other relevant fields. Ability to work independently. Preferred: At least 3 years of experience in each of Asset Procurement, Asset Management, and Construction Management. Preferred: Strong leadership and management skills. Preferred: Experience working directly with stakeholders (officers/directors) and presenting solutions. Preferred: Experience managing assets remotely. Preferred: Relevant degree in Real Estate, Finance, Business, Management, Accounting, Economics, MBA, Law, or Communication. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Industries
Software Development Referrals increase your chances of interviewing at Corporate Tools by 2x.
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Corporate Tools in Post Falls, Idaho is looking to add an experienced Commercial Real Estate Asset Manager to the team. Our business operates in all 50 states and owns/manages commercial RE buildings of various sizes throughout the US. You will be responsible for overseeing our commercial asset portfolio through three areas: Asset Procurement, Asset Management and Construction Management. This position is coded as “Hybrid” which means after initial training and onboarding, which will take place in office, occasional remote work is available. However, this role will be expected to continue to work in our Post Falls, Idaho office 2-3 days/week. Wage $80,000-$100,000/year dependent on meeting preferred qualifications Responsibilities
Asset Procurement: Search inventories in strategic national locations to identify buildings that match a predetermined set of criteria. Assess and make recommendations on the viability of the asset\'s financials, capital improvements, rent rolls etc. Establish a network of vendors (brokers, inspectors, contractors, etc.) to help facilitate the acquisition. Review and negotiate contracts for acquisition (in conjunction with in-house legal team). Help identify possible roadblocks to closing in specific locations (city, county, state jurisdictions). Asset Management: Work with on-site property managers in locations with larger assets to maintain building standards and overall property condition. Assess and make recommendations on the asset\'s rent rolls, CAMs, expenses, vendor agreements, and leases. Develop an annual capital improvement budget for each asset. Collaborate with the in-house finance team to develop an annual business plan for each asset. Identify, obtain bids and recommend contractors to handle maintenance and capital improvements. In smaller locations, work with on-site employees to manage and lease available space directly with tenants. Coordinate with the facilities team in the Spokane area to manage local assets. Construction Management: Identify contractors, architects and other vendors to handle tenant improvements and other capital improvements; manage construction projects with general contractors and sub-contractors. Define scope of work and construction standards with vendors; manage relationships with tenants during construction. Requirements
Exposure to Asset Procurement, Asset Management, and Construction Management. Project management skills such as time management, project budgeting, resource management and project scheduling for multiple projects. Ability to budget, schedule, negotiate, and control costs. High degree of familiarity with contract documents, terms, and conditions. Minimum 5 years of experience in commercial real estate, including expertise in areas such as brokering, leasing, construction, or other relevant fields. Ability to work independently. Preferred: At least 3 years of experience in each of Asset Procurement, Asset Management, and Construction Management. Preferred: Strong leadership and management skills. Preferred: Experience working directly with stakeholders (officers/directors) and presenting solutions. Preferred: Experience managing assets remotely. Preferred: Relevant degree in Real Estate, Finance, Business, Management, Accounting, Economics, MBA, Law, or Communication. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Industries
Software Development Referrals increase your chances of interviewing at Corporate Tools by 2x.
#J-18808-Ljbffr