Asset Manager Real Estate
Company: College of Charleston
Location: Costa Mesa
Posted on: September 21, 2023
Job Description:
Job Description: About DWS: DWS Group (DWS) is one of the
world's leading asset managers. Building on more than 60 years of
experience, it has a reputation for excellence in Germany, Europe,
the Americas and Asia. DWS is recognized by clients globally as a
trusted source for integrated investment solutions, stability and
innovation across a full spectrum of investment disciplines. We
offer individuals and institutions access to our strong investment
capabilities across all major asset classes and solutions aligned
to growth trends. Our diverse expertise in Active, Passive and
Alternatives asset management - as well as our deep environmental,
social and governance focus - complement each other when creating
targeted solutions for our clients. Our expertise and
on-the-ground-knowledge of our economists, research analysts and
investment professionals are brought together in one consistent
global CIO View, which guides our investment approach
strategically. DWS wants to innovate and shape the future of
investing: with approximately 3,900 employees in offices all over
the world, we are local while being one global team. We are
investors - entrusted to build the best foundation for our clients'
future. Overview The commercial Asset Manager (AM) is an integral
role within the Office & Industrial Asset Management Group. The
AM's primary role is to add value to our clients' office &
industrial real estate assets by providing best in class asset
management services. The AM will be responsible for a portfolio of
10 to 20 Class A office, industrial, and office & industrial flex
assets (an approximate 3-6 Million sf NRA; 250 - 400 tenants) and
will be an expert in their respective property markets. Your Key
Responsibilities:
- Negotiate significant leases and oversee every aspect of the
leasing process, including NPV preparation, tenant financial review
and securitization, and review of commission invoices
- Oversee direct property management and leasing services for
each asset
- Monitor market trends in value, cost, and supply/demand
fundamentals to identify acquisition and disposition opportunities
and continuously review portfolio for opportunities to add value
through renovation, expansion, and/or repositioning of the
asset
- Understand competitive positioning relative to rents, lease
terms and overall occupancy, and the means to maintain a
competitive edge
- Develop management, leasing and capital investment strategies,
along with income/expense budgets for each asset, and present
annual plans for these activities to the respective Portfolio
Managers are required
- Prepare quarterly reports that present property performance
along with progress on strategic initiatives
- Bottom line responsibility for asset performance against the
associated benchmarks
- Manage total capital improvements as a percentage of NOI at the
respective properties
- Manage relationships with contract manager and joint venture
partners and provide oversight
- Responsible and accountable for the accuracy of NOI, capital
and cash projections
- Reviews monthly, quarterly and annual reports produced by the
Contract Manager to ensure they follow DWS requirements
- Assist Acquisitions Team with underwriting potential new
acquisitions within your respective market
- Work with the ESG Team to find opportunities for green
initiatives
- Actively involved in the valuation process by providing market
intelligence on assumptions Your Skills & Experience:
- 7+ years prior institutional level office & industrial real
estate asset management experience
- College degree in Business Administration, Finance, Economics,
Real Estate, or similar,
- MBA preferred
- Skilled in leasing, property operations, project management,
construction, negotiations, accounting and reporting with the
ability to understand financial statements, investment pro-formas,
IRR and NPV calculations and analysis
- Successful record of accomplishment in the execution of asset
management strategies to achieve successful results while
effectively managing risk
- Highly developed interpersonal, presentation and communication
skills
- Strong business and financial acumen, with excellent
organizational, problem solving, influencing and negotiating
skills
- Experience with spreadsheets, Excel and word-processing.
- Ability to travel What we'll offer you: A healthy, engaged and
well-supported workforce are better equipped to do their best work
and, more importantly, enjoy their lives inside and outside the
workplace. That's why we are committed to providing an environment
with your development and wellbeing at its center. You can expect:
- Competitive Salary and Matched 401K Savings Plan
- Generous Paid Time Away plus Bank Holidays
- Health and Life Insurance Plans for you and your family
- Work/Life Balance Programs including
Adoption/Surrogacy/Infertility Assistance, Backup Care through
Bright Horizons, Phase Back to Work and Support for New
Mothers
- A range of flexible benefits including Retail Discounts,
Commuter Discounts and Gym benefits
- The opportunity to support wide-ranging volunteer programs, + 1
day volunteering leave per year, matched personal donations to
non-profit organizations dollar-for-dollar, up to $5,000 How we'll
support you:
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal
priorities
- Coaching and support from experts in your team Expectations It
is DWS's expectation that employees hired into this role will work
in the San Francisco office in accordance with the firm's hybrid
working model. DWS provides reasonable accommodations to candidates
and employees with a substantiated need based on disability and/or
religion. The salary range for this position in New York
City/California is $106,500 to $195,000. Actual salaries may be
based on a number of factors including, but not limited to, a
candidate's skill set, experience, education and other
qualifications. Posted salary ranges do not include incentive
compensation or any other type of remuneration. DWS Values &
Diversity We believe talent is found in all cultures, countries,
races, ethnicities, genders, sexual orientations, disabilities,
beliefs, generations, backgrounds and experiences. We pursue a
working environment where everyone can be authentic and feel a
sense of belonging. Click here to find out more about our diversity
and inclusion efforts. We are an Equal Opportunity Employer -
Veterans/Disabled and other protected categories. Click these links
to view the following notices: EEO is the Law poster and supplement
; Employee Rights and Responsibilities under the Family and Medical
Leave Act ; Employee Polygraph Protection Act and Pay Transparency
Nondiscrimination Provision Privacy Statement The California
Consumer Privacy Act outlines how companies can use personal
information. Click here to view DWS' Privacy Notice. Our values
define the working environment we strive to create - diverse,
supportive and welcoming of different views. We embrace a culture
reflecting a variety of perspectives, insights and backgrounds to
drive innovation. We build talented and diverse teams to drive
business results and encourage our people to develop to their full
potential. Talk to us about flexible work arrangements and other
initiatives we offer. We promote good working relationships and
encourage high standards of conduct and work performance. We
welcome applications from talented people from all cultures,
countries, races, genders, sexual orientations, disabilities,
beliefs and generations and are committed to providing a working
environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of
Deutsche Bank including Diversity, Equity & Inclusion, Leadership,
Learning, Future of Work and more besides. We are an Equal
Opportunity Employer - Veterans/Disabled and other protected
categories. Click these links to view the following notices: EEO is
the Law poster and supplement ; Employee Rights and
Responsibilities under the Family and Medical Leave Act ; Employee
Polygraph Protection Act and Pay Transparency Nondiscrimination
Provision .
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Keywords: College of Charleston, Costa Mesa , Asset Manager Real Estate, Executive , Costa Mesa, California
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