Real Estate Asset Manager
Berger Communities · Wayne, Pennsylvania, US
Real Estate Asset Manager Role & Responsibilities As the Real Estate Asset Manager your responsibilities will include: - Performance Analysis: Monitor, analy...
Job description
Real Estate Asset Manager Role & Responsibilities: As the Real Estate Asset Manager your responsibilities will include: Risk Assessment: Identify potential risks to the portfolio, including market downturns, regulatory changes, and other external factors, and recommend mitigation strategies. Oversight of Capital Plan : Create a system to ensure the capital expenditure plan formed during a capital event is carried out timely and efficiently. Budgeting and Forecasting: Collaborate with Operations and Infrastructure to develop, review, and adjust annual and long-term budgets, forecasts, and financial projections. - Performance Analysis: Monitor, analyze and optimize the financial performance of assigned portfolio, conducting in-depth reviews of leasing, pricing and occupancy trends, operating expenses, and capital expenditures. Leverage key performance indicators (KPIs) such as rental and NOI growth, expense ratios, and debt service coverage ratios to identify underperformance and implement corrective strategies. - Cash Flow Analysis: Develop and update cash flow models to project future financial performance, considering various scenarios and potential risks. Provide detailed analyse...