Asset Management Analyst

August 22

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Stellar Management

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Founded in 1985, Stellar Management is a New York City based real estate investment and management firm$1. .$1

Real Estate Investments • Property Management • Multifamily Real Estate • Commercial Real Estate

501 - 1000

Description

• Execute and communicate continually with the Company's strategic agenda as it relates to real estate assets’ business plans and apprise them on issues/decisions impacting asset values • Create and execute the implementation of asset level strategies and operational initiatives aimed at maximizing value for all real estate assets owned by Stellar Management • Responsible for the strategic and full-cycle oversight of the asset management for properties owned by Stellar Management • As such, lead and implement the following functions with a hands-on, active management perspective: • Support Acquisitions Process • Assist in developing business plans • Opine on rents and costs savings opportunities • Propose value creation ideas • Perform due diligence • Business Plans / Budgets • Execute and or create the business plan for each asset • Create and manage KPIs for assets • Prepare Annual Operating and Capital Budgets • Manage assets and operating results to be in line with business plans and budgets • Maintain Deal Model that provides actual financial analysis and reporting verses business plan • Historical and projected performance analysis, • Track actual performance against investment projections • Propose solutions and manage toward achieving business plans • Capital Improvements • Frame cost / benefit analyses of potential capital improvements and apartment renovation programs • Support the execution of capital improvement projects • Support ground-up development projects and specifically manage initial lease-ups and transition from construction to property management • Revenue Management • Manage 3rd Party office and retail leasing brokers • Develop and implement effective leasing and tenant retention programs for office and retail assets • Operations • Support property level operations to achieve business plans • Financing • Manage financing process on an asset level by working with debt brokers, lenders, and in house team • +/- $1bn per year of debt transactions • Investor Relations / Reporting • Report on performance, budget variances and significant changes in market and property conditions to internal principals, external equity partners and lenders. • Manage the timely and accurate production of financial statements on both a property and portfolio level • Help identify, implement, and support accounting best practices • Frame capital recycling strategies, create disposition buy/hold analyses, and manage dispositions processes

Requirements