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Asset Manager - Real Estate

Company: College of Charleston
Location: Costa Mesa
Posted on: November 18, 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 .

Keywords: College of Charleston, Costa Mesa , Asset Manager - Real Estate, Executive , Costa Mesa, California

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