Direct Investments Asset Management Associate

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Responsibilities

  • Work with senior Asset Manager in managing a portfolio of office and industrial investments.  
  • Assist in executing investment strategy
  • Prepare annual business plans to achieve investment strategies that are consistent with client objectives.
  • Prepare quarterly valuations, quarterly investment updates, quarterly cash flow projections and other financial reports.
  • Review and approve property operating statements; share accountability for budgeted results and supports the budget versus actual analysis.
  • Participate in leasing calls and manage VTS.  Analyze leases and rental rates against market and budget; make recommendations to Portfolio Management on leasing decisions; participate in lease negotiations with senior Asset Manager.  
  • Analyze value of capital projects; create plan and make recommendations to Portfolio Management; execute capital plan; track actual results vs budgeted plan.
  • Assist in Negotiating property management agreements with senior team.
  • Support senior team in restructurings, sales and asset financings, as needed.
  • Understand capital and investment structure and the relationship between property operations and investment performance.
  • Understand and report on investment performance measures and metrics.
  • Drive ESG program for each of assets managed.  
  • Develop strong market knowledge for assigned assets; collect market information including competitive market information.
  • Support Asset Management on assets through data collection, cash flow modeling, competitive analysis, research analysis and annual business plan and budget preparations.  
  • Support Acquisitions on market intelligence and due diligence for new acquisitions.

Conduct

  • Work effectively as a member of a team.
  • Develop strong working relationships with Portfolio Managers and members of the Los Angeles Asset Management team.
  • Generate innovative approaches to situations.
  • Implement thorough follow-up and attention to detail.
  • Self-starter who takes initiative on projects.
  • Provide constructive input on improving how the Firm and/or the group functions.
  • Contribute to the professional development of peers and more junior level staff.

Skills/Experience Required

  • BS/BA and a strong academic record with emphasis on real estate, finance, accounting and/or economics required.  MBA preferred.
  • 2-4 years of direct real estate asset management experience required.
  • Strong analytical and organizational skills.
  • Knowledge of accounting and finance principles.
  • Strong oral and written communication skills.
  • Fluency with Argus AE valuation software and Excel required.
  • Ability to select and efficiently manage the activities of internal resources and third-party service providers
  • Good negotiation skills, presentation skills and a history of successful interaction with clients and partners

AEW Capital Management is an affirmative action-equal opportunity employer.

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