Asset Manager at Vaco, LLC
Sharonville, OH 45241
About the Job
- Direct, impact, and lead the performance of a commercial portfolio of real estate assets.
- Analyze the performance of assets through existing and newly created reporting tools and make critical strategic recommendations and decisions on an asset-by-asset and portfolio basis.
- Communicate effectively to Ownership on overall portfolio performance as well as on key developments of the individual assets, including leasing, capital planning, environmental, financing, and positioning.
- Communicate effectively to the direct and indirect support teams what the overall goals and objectives of ownership are for the portfolio.
- Implement and monitor company policies and procedures.
- Provide creative ideas and solutions to potential property problems and opportunities, help the managers support those findings, and implement them to successful conclusions.
- Lead and or support property transactions such as sales, acquisitions, (re)financings, capital investments, cash management, proforma development, underwriting, and marketing and leasing plans.
- With the assistance of the Facilities team, ensure we are following company protocols and are seeking the most cost-efficient yet quality operational solutions for the portfolio with an eye toward tenant satisfaction, cost control, and risk management.
- Attract, develop, train, retain, and LEAD the most talented, driven, and dedicated team available with uncompromised adherence to the company's core values.
- Identify and implement opportunities in the portfolio to maximize value and enhance the performance of the properties.
- Monthly, Quarterly, and Annual review, analyze, and report on the portfolio's property management, operations, financials, and leasing activities.
- Develop strong relationships with third party property managers, brokers, vendors, key tenants, and local officials in the areas where the properties are located.
- For the Portfolio, develop and manage the Annual Operating and capital Budget with systematic forecasting.
- Allocate time to help direct reports perform effectively by managing, leading, and coaching.
- Coordinate closely with the accounting team and knowledgeable of the daily activities at the properties and review invoices.
Required Skills
- Proven ability to successfully manage a portfolio of commercial real estate assets.
- 7+ years of commercial real estate experience from property management, leasing, finance, and asset management perspective.
- Proven ability to understand all aspects of building design, systems, and facilities engineering.
- Strong financial and analytical skills.
- Ability to multi-task and simultaneously manage multiple projects.
- Excellent communication, negotiation, and organizational skills
- Strong leadership and team-building skills.
- Strong knowledge of Microsoft Suite Products and other industry related software, (Rent Manager, Avid).
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.
