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Stockbridge

Asset Management Vice President

Stockbridge, San Francisco, California, United States, 94199


VICE PRESIDENT, MULTIFAMILY ASSET MANAGEMENT San Francisco, CA Stockbridgeis a real estate investment management firm led by seasoned senior professionals averaging 25+ years of real estate industry experience. The firm was founded in 2003 and manages real estate equity investments across the risk spectrum within a variety of investment structures on behalf of U.S. and foreign institutional investors.Stockbridgehas approximately$33.6 billionof assets under management spanning all major real estate property types, and certain specialty property types with an emphasis on residential and industrial space throughoutthe United States. The firm has offices inSan Francisco,Atlanta, Chicago, Denver, Dallas, and Phoenix. Opportunity and Position Summary: This role is part of the Core and Value-Add (“CVA”) platform, which includes both funds and separate accounts with asset strategies ranging from core to value-add to ground-up development. As a multifamily specialist, the Vice President will directly oversee a portfolio of assets across the West Coast, including: the Bay Area, Los Angeles, Seattle, Phoenix and Denver. Additional markets may be added as the portfolio is projected to grow. The ideal candidate will enjoy autonomy while working in a collaborative environment. An analyst/associate will support the Vice President on all assets. The role requires both qualitative and quantitative skills, including strong analytics, critical thinking, and communication. Primary Duties and Responsibilities: Directly responsible for a portfolio of institutional-quality multifamily properties held by commingled funds and separate account clients. Prepare and execute strategic annual business plans and ongoing appraisal projections for core, value-add and development properties. Oversee property management teams, and perform regular site visits and market tours. Provide input on potential acquisitions, including review of financial and operational assumptions. Assist portfolio manager and capital markets team to position assets for sale and throughout the disposition process. Work with joint venture partners, understanding rights, JV docs, structure, and portfolio strategy. Review draw requests and oversee development assets through third-party lease-up and stabilization, working closely with Stockbridge’s development team and consultants. For mixed-use assets, evaluate leasing opportunities and manage construction buildout. Collaborate with multifamily team and other asset managers across Stockbridge offices. Manage and develop a team of analysts and associates. Skills and Competencies: All candidates must have a BA or BS degree from an accredited institution, preferably in real estate, finance, business, accounting, economics or related area. Must have strong academic credentials. Candidates should have 7-10+ years of direct real estate industry experience including specific multi-family asset management experience. Experience in managing development deals a strong plus. Computer proficiency with a strong working knowledge of Microsoft Excel, PowerPoint, Outlook and Word as well as Adobe Acrobat. Strong writing skills as well as verbal interpersonal/communication skills. Strong quantitative skills and demonstrated analytical and problem-solving ability. Strong organizational skills and attention to detail including an editing eye, with the ability to prioritize and manage multiple projects simultaneously. Strong negotiating skills with the ability to navigate nuance and complexity. Ability to function both in a team-oriented setting, and independently. Strong sense of personal motivation, accountability, responsibility, and entrepreneurship. Experience communicating with clients, joint venture partners, construction consultants, brokers, legal and risk management professionals. Travel: Travel required for property visits and market tours. Compensation: Competitive

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The base pay scale for this position is $200,000 to $225,000 annually. Stockbridge’s base pay scale depends on geographic location, business line, years of experience, and other qualifications of the successful candidate. The base pay scale is accurate as of the date of this posting. Stockbridge reserves the right to modify this information at any time, subject to applicable law.

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