We are a dynamic boutique real estate development firm based in West Los Angeles, managing a diverse portfolio of properties across the nation. We are currently looking for a Junior Asset Manager to join our close-knit team and support the management and growth of our property assets. This role is perfect for someone with 3-5 years of experience in asset management, eager to build on their skills while contributing to the oversight of a portfolio across residential, commercial, and creative spaces.
Key Responsibilities:
Portfolio Support & Operations:
- Assist in the daily management of residential, commercial, and creative retail properties, ensuring smooth operations and tenant satisfaction.
- Conduct regular site visits to evaluate property performance and help identify areas for improvement.
- Support senior leadership in maintaining high standards of property upkeep and operational efficiency.
- Work with property managers to address tenant concerns and ensure issues are resolved promptly.
- Manage property lease tracking, tenant rent and renewals, and extensions using Yardi property management software.
- Ensure all property documentation is current, including lease agreements, amendments, and assignments.
- Support the processing of invoices and general administration tasks related to property management.
Financial Oversight & Reporting:
- Monitor property budgets, ensuring that expenses remain within planned limits and identifying cost-saving opportunities.
- Help compile financial reports for internal stakeholders and investors, ensuring accuracy and clarity in performance tracking.
- Track property performance metrics and assist with forecasting and budgeting efforts.
Property Management and Accounting Support:
- Work closely with the property management and accounting teams to ensure all aspects of property management run smoothly.
- Participate in strategic meetings to discuss property performance, operational challenges, and future improvements.
- Provide ongoing operational support during quarterly and annual investor reporting.
- Assist in managing a portfolio across several states that includes diverse property types, from multifamily residential units to creative office and retail spaces.
- Collaborate with senior leadership to develop strategies that maximize property value and operational efficiency.
Qualifications:
- 3-6 years of experience in asset management, real estate, or property management.
- Strong knowledge of Yardi and other property management software.
- Proficiency in Microsoft Excel and financial reporting.
- Ability to work well in a team environment, with excellent communication and problem-solving skills.
- Detail-oriented, organized, and capable of managing multiple tasks simultaneously.
- Bachelor’s degree in Real Estate, Business, Finance, or a related field is preferred.