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Sr. Asset Manager

San Mateo, CA 94401

Sr. Asset Manager

Job ID:2019-5253
Category:Private Equity
Location:San Mateo Corp Office, San Mateo, CA
Type:Full Time


COMPANY: Essex Property Trust (NYSE: ESS), an S&P 500 company, is fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast communities. For details, please refer to company website: As an integral member of the Finance team reporting to a senior finance executive, this role is responsible for asset management and day to day oversight of a $4BN multifamily portfolio of approximately 40 properties. Specific responsibilities include:Understand Partnership & Management Agreements and execute the approved business planPrepare comprehensive asset plans, including generating financial models to recommend asset repositioning or disposition strategies to optimize portfolio returnsReview and analyze operating results, tour properties and work with Operations team to understand and communicate asset performance relative to the marketWork with the Redevelopment team to review and assess capital expenditure plans, including value-add renovations to maximize property performance and cash flowManage the annual operating budget review and approval process with internal team and external investorsProduce asset and financial performance reports and market updates for investorsManage and support general department activities, including investment materials both for internal and external constituentsQUALIFICATIONS: The successful candidate will have a high growth potential with a proven track record in the following:Minimum 10 years of experience in the real estate industry required. Experience in asset management, portfolio management, or regional property management in the multifamily sector preferredStrong analytical, organizational, attention to detail and accuracy, written and verbal communication skillsSelf-motivated with strong interpersonal skills and effective collaborative working styleBachelors degree requiredCOMPENSATION: We offer an exciting opportunity to grow and develop with a well- established firm along with an attractive compensation package comprised of a base salary and annual performance incentive. Qualified candidates please send resume to: only (no recruiters). Please do not contact job poster about other services, products or commercial interests. Essex offers a comprehensive benefits package that reflects how much we value our associates and their families:For regular full-time associates regularly scheduled to work at least thirty (30) hours per week:•  Medical, Dental, Pre-tax flex plan, Basic life insurance, Supplemental life, Short- and long-term disability, Accidental death insurance plans.For part-time and full-time associates:•  Employer-matching 401(k) plan that offers financial planning and independent brokerage services.•  Wellness Program, 24-hour Employee Assistance, Service awards and Paid time-off.
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