NAIOP SoCal
Manager, Asset Management
NAIOP SoCal, Los Angeles, California, United States, 90079
Rexford Industrial Realty, Inc. (NYSE: REXR)
is a leading, publicly traded industrial real estate investment and management company operating a $13 Billion industrial real estate portfolio.Manager, Asset ManagementThe Asset Manager at Rexford Industrial is an important role responsible for overseeing the performance of our industrial property portfolio. The Asset Manager will help develop and implement strategies to enhance the value of the assets, increase operational efficiency, and facilitate interdepartmental collaboration. We ask that you understand the industrial real estate market and analyze data and trends to make informed decisions. You will report to the Director of Asset Management.This position is located in Southern California with a hybrid work environment, reporting to the Managing Director, Asset Management. 25% travel is required.About The Role
Lead the development of asset strategic plans in collaboration with Leasing, Property Management, Development and Investments.Identify opportunities to improve property performance and implement plans to achieve growth and profitability targets.Participate in the scoping of property-level improvements and support team decision making with financial analysis.Draft strategy and capital approval memorandums.Evaluate investment opportunities, make data-driven recommendations and monitor financial performance.Collaborate with the leasing team to develop leasing strategies and ensure tenant retention.Identify and assess risks associated with the portfolio and develop risk mitigation plans.Stay up to date with industry trends, market dynamics, and regulatory changes that may influence the assets.Work with Property Management and Finance to prepare annual operating budgets for each property.Establish performance metrics and key performance indicators (KPIs) for assets. Analyze the performance of each property against these indicators and implement improvements.Analyze capital expenditure plans for renovation, repositioning, and development projects.Communicate with senior management and other partners to provide updates on property performance, asset strategies, and financial results.Manage and mentor analysts to ensure team engagement and team member growth and development.About You
Bachelor's degree in Finance, Real Estate, Business Administration, or related field.7+ years prior institutional level industrial real estate asset management experience.Experience with commercial real estate, specifically in asset management, property management, or real estate finance.Strong verbal and written communications skills and ability to work collaboratively on interdepartmental teams.Financial knowledge and proficiency in financial analysis, budgeting, and forecasting.In-depth knowledge of the industrial real estate market, including market trends, tenant demands, and competition.Proficiency in using real estate software and tools, including property management systems, preferably Yardi, and financial modeling software such as Excel and Argus.Experience managing analysts a plus.What We Offer
Comprehensive Benefits Package Including Medical, Dental, Vision, and Life Insurance.Unlimited Paid Time OffBonus Eligibility & Long-Term Incentives401(k) Employer Match ProgramProfessional Development ResourcesRobust Health & Wellness ProgramVolunteer and Community Engagement OpportunitiesEmployee Resource Groups committed to Diversity, Equity, and Inclusion.We are committed to equity in all steps of the recruitment and employment experience. We celebrate diversity and are committed to promoting an inclusive environment for all employees. We do not discriminate based on race, religion, color, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability. We strive to be a safe place to ask questions, build professional relationships, and develop careers.Additional Info
Job Type : Full-TimeExperience Level : Mid to Senior Level
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is a leading, publicly traded industrial real estate investment and management company operating a $13 Billion industrial real estate portfolio.Manager, Asset ManagementThe Asset Manager at Rexford Industrial is an important role responsible for overseeing the performance of our industrial property portfolio. The Asset Manager will help develop and implement strategies to enhance the value of the assets, increase operational efficiency, and facilitate interdepartmental collaboration. We ask that you understand the industrial real estate market and analyze data and trends to make informed decisions. You will report to the Director of Asset Management.This position is located in Southern California with a hybrid work environment, reporting to the Managing Director, Asset Management. 25% travel is required.About The Role
Lead the development of asset strategic plans in collaboration with Leasing, Property Management, Development and Investments.Identify opportunities to improve property performance and implement plans to achieve growth and profitability targets.Participate in the scoping of property-level improvements and support team decision making with financial analysis.Draft strategy and capital approval memorandums.Evaluate investment opportunities, make data-driven recommendations and monitor financial performance.Collaborate with the leasing team to develop leasing strategies and ensure tenant retention.Identify and assess risks associated with the portfolio and develop risk mitigation plans.Stay up to date with industry trends, market dynamics, and regulatory changes that may influence the assets.Work with Property Management and Finance to prepare annual operating budgets for each property.Establish performance metrics and key performance indicators (KPIs) for assets. Analyze the performance of each property against these indicators and implement improvements.Analyze capital expenditure plans for renovation, repositioning, and development projects.Communicate with senior management and other partners to provide updates on property performance, asset strategies, and financial results.Manage and mentor analysts to ensure team engagement and team member growth and development.About You
Bachelor's degree in Finance, Real Estate, Business Administration, or related field.7+ years prior institutional level industrial real estate asset management experience.Experience with commercial real estate, specifically in asset management, property management, or real estate finance.Strong verbal and written communications skills and ability to work collaboratively on interdepartmental teams.Financial knowledge and proficiency in financial analysis, budgeting, and forecasting.In-depth knowledge of the industrial real estate market, including market trends, tenant demands, and competition.Proficiency in using real estate software and tools, including property management systems, preferably Yardi, and financial modeling software such as Excel and Argus.Experience managing analysts a plus.What We Offer
Comprehensive Benefits Package Including Medical, Dental, Vision, and Life Insurance.Unlimited Paid Time OffBonus Eligibility & Long-Term Incentives401(k) Employer Match ProgramProfessional Development ResourcesRobust Health & Wellness ProgramVolunteer and Community Engagement OpportunitiesEmployee Resource Groups committed to Diversity, Equity, and Inclusion.We are committed to equity in all steps of the recruitment and employment experience. We celebrate diversity and are committed to promoting an inclusive environment for all employees. We do not discriminate based on race, religion, color, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability. We strive to be a safe place to ask questions, build professional relationships, and develop careers.Additional Info
Job Type : Full-TimeExperience Level : Mid to Senior Level
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