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Vice President - Asset Management

Salary
$125,000-$149,999
Employment
Full Time
Real Estate Field
  • Asset / Portfolio Management
Location
San Antonio
 TX
Postal Code
78249
Country
United States

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Description


The Company

Founded in 2005, Entrada Partners is a real estate investment firm headquartered in Los Angeles, California regional with offices in both Dallas and San Antonio, Texas. Entrada’s current portfolio primarily consists of industrial, office, and flex properties in Dallas, San Antonio and Austin. Our mission is to provide a high level of service to our tenants, and superior risk-adjusted returns to our investors, with an emphasis on integrity and professionalism.

 

The Position

Entrada Partners currently has an opening for an VP Asset Management. This person will be located in either the San Antonio or Dallas office, and will oversee all third party managers.  This position has the responsibility of overseeing all asset management related matters for the San Antonio portfolio, as well as integrating newly acquired assets into the portfolio.  The ideal candidate will be a self-starter with an entrepreneurial mindset, with the ability to work both independently and as part of a team. The VP Asset Management role will report directly to the Director of Asset Management.

 

Job Components

  • Maintain comprehensive oversight of owned assets. Direct the implementation of business plans and objectives, marketing, leasing, and sales plans along with operational and capital improvement investment strategy for each asset.  To include budgets, forecasts, monthly performance reports, timelines, and management plans.
  • Closely monitor all elements of financial performance; analyze financial statements and make necessary operating adjustments; supervise and direct third-party management; work closely with the leasing/marketing teams. 
  • Conduct frequent site inspections and monitor competition and market conditions; develop, recommend, and implement value-add action plans; supervise the planning, budgeting and control of capital expenditures.
  • Create annual budgets for each asset, working closely with the property managers for each asset. Create, compile, organize, and evaluate budget data; monitor and help administer budget compliance and implementation, including project-specific budgets, draw schedules, and budget estimations.
  • Manage the execution of the asset’s investment strategy by working alongside various company functions and third-party vendors including the acquisition team, property operations, design and construction, accounting, investor reporting, and capital markets.
  • Monitor NOI, cash flow, and progress toward achieving leasing and income goals.
  • Ensure compliance with management vendor agreements, purchase and sale agreements, and loan documentation.
  • Strategically evaluate and make recommendations on any new value add opportunities at each asset to optimize investment returns.  Work closely with property management and design & construction vendors to oversee effective execution of capital and business plans.

 

Qualifications

  • Minimum of 5 years of experience in real estate asset management, preferably working with office, industrial or flex properties
  • Self starter, with the ability to work in a small company and in a satellite office
  • Well organized, entrepreneurial
  • Advanced knowledge of Excel
  • Knowledge of Word, PowerPoint and Outlook
  • Argus and Yardi experience is a plus, but not required

 

Location

Based in San Antonio or Dallas, with the ability to travel within Texas on a monthly basis. Occasional travel to Los Angeles.

 

Compensation

Competitive compensation based on experience. 

Job Functions


  • Asset Management
  • Financial Analysis
  • Leasing
 

Job Sectors


  • Industrial
  • Office
  • Retail
 

Experience


5+ to 7 years


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