Revantage

Senior Director, Asset Management

Job Locations US-CA-San Diego

Come grow with us!

 

ShopCore is poised for growth.  We are a vertically integrated real estate company with our own leasing, development, property management, marketing, legal, accounting, and asset management teams.  We own over 20 million square feet, with 71 properties concentrated in densely populated markets across 18 states and anchored by best-in-class retailers.

 

To support our growth, we are looking for a Senior Director, Asset Management to join our leadership team. The primary responsibility of the Senior Director, Asset Management is strategic in nature:  identifying growth opportunities and advocating value-maximizing strategies within a portfolio; measuring risks and developing strategies to mitigate such risk that preserve and drive property values. This leader coordinates and oversees operational, financial and reporting obligations, as directed, for a number of ShopCore’s investments.

What you will do:

  • Coordinate activities among the Company’s management, operations, transactional, legal, finance and accounting teams to develop and execute property-level and portfolio strategies
  • Assume material role in communicating and coordinating with the Company’s equity sponsor
  • Assume material role in research, analysis, developing and implementing asset-level strategic plans to drive value creation, including hold/sell analysis
  • Engage and direct property managers in development of operating budgets including capital and leasing plans; oversee property level operating activities
  • Oversees the quarterly reforecast process including leasing and management strategies; understands and communicates significant variances and when necessary revised strategies
  • Develops short- and long-term cash flow and valuation models incorporating current market conditions. Maintains and updates models for significant changes to the market and assigned assets.
  • Identifies the impact of how demographics, job growth, competition, tenant credit worthiness and other relevant factors can impact the strategy/value of assets
  • Review of financial reports to monitor performance and achieve investment objectives
  • Prepare periodic and ad hoc reporting for internal and external clients
  • Manages and develops the analyst pool through training and career guidance ensuring their performance is in-line with group expectations
  • Assist in economic underwriting and due diligence for acquisitions and transition of acquisitions to asset management
  • Assumes additional responsibilities and performs special projects as needed or directed

What you should have:

  • Minimum 7-10 years of commercial or investment real estate experience with 5+ years of Asset Management experience
  • Experience working for a public or private retail investor owner/operator and significant experience with grocery anchored and community center product. Other relevant work experience could include work as an Asset Manager for a pension fund advisor that owns a significant portfolio of retail assets and is responsible for the operating performance
  • Bachelor’s degree required
  • Extensive experience within California
  • Interpersonal skills with an ability to interact with external and internal clients
  • Strong problem solving and quantitative skills
  • Advanced skills in Excel and Argus
  • Experience with MRI or other accounting software
  • Ability to work well with others; high level of energy, dedication and passion for the business
  • Success in multi-tasking while maintaining a strong attention to detail and desire to perform project and actions with the highest quality results
  • Ability to work well under pressure with multiple competing deadlines
  • Maintaining personal skills and establishing relationships to advance professional networks and facilitate communication both within and outside the company
  • Strong written and oral communication skills
  • High degree of integrity
  • Proven ability to expand areas of knowledge and learn new skills as circumstances require
  • Network of existing relationships/contacts within the retail field including other owners, developers, leasing agents, and investment sales brokers a plus
  • Willingness to travel

 

 

What we offer:

 

A proactive, collaborative and equitable culture throughout our organization. Our Diversity, Equity & Inclusion Committee fosters a professional environment that is diverse, equitable, inclusive and supportive.  We are committed to sustaining this environment by recognizing, celebrating and leveraging each colleague’s value, unique perspectives and contributions. 

 

A spirit of partnership with the communities in which we operate. At ShopCore we are committed to protecting the environment and to improving the lives of those around us.  We derive satisfaction from knowing that our charitable efforts and sustainability initiatives are leaving our communities better than we found them.

 

Of course, we offer competitive pay and a full slate of benefits.

 

If any of this sounds interesting, apply today and come grow with us!

 

EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, familial status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.

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