Selby Jennings
Vice President of Asset Management
Selby Jennings, Denver, Colorado, United States
Vice President of Asset Management - Commercial & Class A Multifamily The Vice President of Asset Management for Commercial & Class A Multifamily properties will be responsible for overseeing the strategic direction, performance, and optimization of our premium real estate portfolio. Key Responsibilities: Portfolio Strategy & Optimization: Lead the development and execution of asset management strategies designed to maximize the value and performance of the portfolio. Financial Analysis & Reporting: Provide in-depth financial analysis of portfolio performance, identifying key trends, offering strategic insights, and presenting recommendations to senior management. Market Intelligence: Conduct comprehensive market research to assess trends, opportunities, and risks, ensuring the portfolio remains competitive and aligned with market conditions. Acquisitions & Dispositions: Assist in managing acquisitions, dispositions, and recapitalizations, including handling due diligence, pre- and post-closing activities, and integrating new assets into the portfolio. Capital Planning & Budgeting: Review capital budgets, long-term financial plans, and business plans for both existing properties and potential acquisitions. Operational Excellence: Collaborate with property management teams to implement business plans, optimize operations, and ensure high levels of tenant satisfaction and retention. Development Coordination: Work closely with the development team on assets under construction, ensuring smooth project execution and alignment with strategic objectives. On-Site Inspections: Conduct regular site visits to properties to ensure adherence to strategic goals, operational efficiency, and portfolio standards. Regulatory Compliance: Ensure full compliance with legal, regulatory, and environmental requirements across all properties within the portfolio. Stakeholder Engagement: Build and maintain strong relationships with key stakeholders, including investors, lenders, and external partners, to ensure alignment and foster long-term partnerships. Qualifications: Education: Bachelor's degree in Real Estate, Finance, Business, or a related field. MBA or equivalent advanced degree preferred. Experience: 7-10 years of experience in asset management, with a strong track record managing complex, mixed-use real estate portfolios (office, retail and multifamily properties) Skills: Advanced financial modeling skills, with proficiency in tools such as ARGUS, Excel, and other industry-standard software. Leadership: Strong leadership and communication skills, with the ability to influence stakeholders and collaborate across teams at all levels of the organization. Analytical Acumen: Excellent analytical and problem-solving abilities, with a strategic, big-picture mindset. Adaptability: Proven ability to thrive in a fast-paced, entrepreneurial environment and manage multiple priorities effectively.