Asset Manager

Title: Asset Manager Company: Hopewell Real Estate ServicesJob Type: Full TimeLocation: Calgary (1 day per week remote) Hopewell Real Estate Services is a full-service third-party commercial property management company that manages over four million square feet of industrial, suburban office and retail properties for private investors, pension funds and publicly traded companies. The properties that we manage are in Vancouver, Calgary, Edmonton, Saskatoon, Winnipeg, and the Greater Toronto Area. Our services include commercial property management, facility management, tenant coordination, asset management, leasing and project management. As one of the largest commercial real estate platforms in Canada, Hopewell continually strives for excellence. Our success and achievement of excellence is based on the dedication of our talent. The entrepreneurial spirit and dynamic work environment of Hopewell inspires our employees to excel. Hopewell understands that our employees are the backbone of our business. We have a passion to lead and a culture that rewards those who give their best. As part of our continued growth, we are seeking a highly skilled and experienced Asset Manager to join our team. The successful candidate will be responsible for overseeing the performance and growth of a managed portfolio of commercial real estate, spanning Western Canada.
Reporting:This position reports to the Senior Director, Asset Management. Key Responsibilities:Asset/Investment Management:

• Manage a portfolio of commercial real estate assets, including office buildings, retail centers, and industrial properties;
• Develop and implement comprehensive asset management strategies to optimize property performance and maximize returns;
• Collaborate with leasing teams to identify and pursue leasing opportunities, negotiate leases, and manage tenant relationships;
• Oversee property management activities, ensuring adherence to best practices, annual plans and maintenance requirements;
• Evaluate and recommend capital improvement projects to enhance property value and meet market demands;
• Conduct market analysis and stay updated on industry trends to identify opportunities for enhancing asset value;
• Monitor and evaluate the financial performance of each asset, including revenue, expenses, and leasing activity;
• Build and maintain strong relationships with key client contacts;
• Assist in the acquisition/disposition process;
• Recommend and assist with financing where required;

Financial, Management and Client Reporting:

• Prepare, analyze and review all quarterly financial and management reports on a timely basis;
• Review and approve quarterly appraisals with a keen eye for detail;
• Prepare, analyze and interpret financial statements, agreements and related documents;
• Review & approve lease agreements with focus on risk mitigation;
• Review & approve budgets, annual plans and capital expenses;
• Gather data and prepare lease assumptions and capital budgets;
• Work with internal teams (Property Management, Accounting, etc.) to analyze and report year to date revenue and expense variance; summarize Accounts Receivables; summarize monthly activities including leasing; etc.
• Direct communications with Clients, Owners and other stakeholders;

Requirements:

• 5-7 years of relevant experience in commercial real estate or related role;
• Bachelor's degree in finance, real estate, business administration, or a related field.
• CFA (Chartered Financial Analyst) or CPA (Chartered Professional Accountant) designation is preferred but not required;
• Excellent understanding of financial concepts related to real estate investments and commercial leasing, with a specific focus on appraisal and valuations;
• Strong business writing and presentation skills;
• Proven ability to understand, interpret and analyze financial information and market research data;
• Ability to meet time sensitive deadlines on multiple projects simultaneously;
• Proficiency in Excel is required, as well as demonstrated ability to create and run financial and other complex reporting as required;
• Yardi experience a strong asset;
• Proficiency in ARGUS Enterprise or other real estate valuation and analysis software.
• Proficient with full Microsoft Office Suite (Word, Power Point, etc.);
• Detail orientated;
• Hold a valid driver’s license.

Working Conditions:Traditional core office hours are Monday to Friday 8:00 am to 5:00 pm, with the option to work remote one day per week. Work may require occasional weekends and/or evenings. Periodic travel may be required.
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