The Director of Investments & Asset Management - Commercial/Industrial will play a critical role in underwriting potential acquisitions and refinancing opportunities, overseeing capital expenditures, and conducting on-site property evaluations to identify investment opportunities. This individual will collaborate with internal and external stakeholders to ensure sound investment decisions, operational efficiencies, and value-add strategies across the portfolio.
Key Responsibilities:
Investments & Underwriting:
• Lead underwriting efforts for potential acquisitions and refinancing, analyzing financial statements, market trends, and risk factors.
• Develop financial models to assess investment viability, projected returns, and downside risks.
• Conduct due diligence, including property inspections, lease audits, and competitive market analyses.
• Collaborate with brokers, lenders, and legal teams to structure deals and negotiate financing terms.
• Present investment recommendations to the executive team and investment committee.
Asset Management & Capital Expenditures:
• Oversee business plans for existing assets, including repositioning strategies and value-add initiatives.
• Manage capital expenditure (CapEx) budgets, ensuring projects are executed on time and within budget.
• Monitor asset performance metrics and implement strategies to enhance NOI and property value.
• Work closely with property management teams to optimize leasing, rent growth, and operational efficiencies.
• Assess refinancing opportunities to improve portfolio leverage and financial performance.
Market Research & Site Visits:
• Regularly travel to potential and existing assets to assess investment potential and oversee ongoing projects.
• Evaluate market dynamics, including rental demand, tenant profiles, and competitive positioning.
• Identify emerging investment opportunities and recommend strategies for portfolio growth.
Qualifications & Experience:
• Bachelor's degree in Finance, Real Estate, Business, or a related field; MBA or CFA preferred.
• 7+ years of experience in real estate investments, underwriting, asset management, or acquisitions.
- Must have experience with commercial/industrial real estate portfolio asset classes.
• Strong financial modeling skills and proficiency in Excel, Argus, and other real estate software.
• Proven track record of executing acquisitions, refinancing, and asset repositioning.
• Excellent negotiation and communication skills, with experience working with lenders and institutional investors.
• Willingness to travel frequently to evaluate properties and oversee asset performance.