Asset & Wealth Management – Real Estate Asset Management – Vice President
| Company | Goldman Sachs |
|---|---|
| Location | Dallas, TX, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- Bachelor’s degree – Finance, Economics and/or Real Estate preferred
- 7-10 years of directly relevant work experience in a real estate asset management capacity, preferably at a top-tier investment management, private-equity, advisory firm or real estate operator
- Strong qualitative, problem-solving skills, oral and written communication skills
- Ability to work multiple capital sources; prioritize, balance and execute projects
- Flexibility and adaptability to various changing market dynamics and investing mandates
- Travel an average of 20-30% annually to cover assigned markets, meet with partners, brokers, and teams.
Responsibilities
- Formulate and execute asset management strategies to maximize asset performance through knowledge of real estate markets and value-add strategies
- Lead the annual development and execution of business plans by directly managing property management, leasing, accounting, legal, appraisal, tax, and research teams, along with external consultants.
- Develop expertise in the portfolio’s geographic markets, focusing on competitive properties, supply forecasts, institutional transactions, and regional economic factors influencing asset values
- Support prospective acquisitions, including assessing financial projections and operational plans.
- Review and analyze various asset reports from third parties, including monthly PMC operating reports, accounting files, CapEx projections and monthly Rent Rolls
- Lead disposition efforts of real estate assets including contract negotiation, transaction management and closing
- Engage and provide oversight of third parties (joint venture partners and service providers), which perform the day-to-day operations of the assets, including, but not limited to operating partners and property management companies, conduct weekly / monthly calls and asset visits, negotiate commercial leases
- Establish strategic goals for the asset including leasing and disposition strategy.
Preferred Qualifications
- Working relationships within real estate industry (i.e. brokers, operators, developers)
- Motivated and collaborative individual who can be successful working as part of a cross-functional team with a results-oriented mindset
- Effectively manage and develop junior resources
- Candidates with diverse product experience preferred, as the role may also involve managing assets within the Commercial and Industrial space.