San Diego, CA
A well-established, privately held real estate investment and development firm is seeking a VP of Asset Management to oversee performance across a diversified commercial portfolio. This individual will drive asset-level strategy, leasing performance, and financial outcomes, while partnering closely with internal teams and external stakeholders to maximize long-term value.
This is a highly visible leadership role within an entrepreneurial, collaborative environment, ideal for someone who can operate both strategically and hands-on across the full lifecycle of assets.
Responsibilities
Asset Management & Portfolio Strategy
- Lead development and execution of annual business plans across the portfolio
- Evaluate assets for hold/improve/sell decisions based on financial performance, market conditions, leasing outlook, and capital needs
- Oversee redevelopment and capital improvement initiatives, including feasibility analysis, budgeting, and execution
- Coordinate with architects, contractors, consultants, and municipal stakeholders on development-related initiatives
- Conduct regular site visits to assess tenant experience, curb appeal, and operational performance, translating insights into action
Leasing Strategy & Execution
- Lead leasing strategy across all assets, partnering with internal and third-party brokers
- Select, manage, and direct leasing brokers to ensure successful execution of leasing plans
- Structure and negotiate new leases and renewals, ensuring alignment with financial and portfolio objectives
- Analyze lease economics and approve deal structures in partnership with senior leadership
- Maintain deep market intelligence across regions, including rents, occupancy, competition, and development activity
- Drive tenant retention strategies and proactively manage upcoming lease expirations
- Maintain active relationships with brokers and tenants through ongoing outreach and industry presence
Financial Management & Capital Planning
- Oversee property-level financial performance, including budgeting, forecasting, and variance analysis
- Forecast cash flow and capital needs across assets, advising leadership on funding requirements and capital calls
- Partner with finance team on debt and equity sourcing for existing assets and new opportunities
- Review loan terms, ensure compliance, and support loan draws and repayment processes
- Prepare and oversee asset management reporting for senior leadership and joint venture partners
Acquisitions & Dispositions
- Support acquisitions through underwriting review, due diligence, and business plan validation
- Partner with acquisitions team to evaluate leasing assumptions and investment strategy
- Assist in disposition strategy, including broker selection, marketing materials, and buyer evaluation
- Oversee due diligence process and coordinate materials required for transactions
Leadership & Cross-Functional Collaboration
- Lead, mentor, and develop leasing and asset management team members, including performance management and ongoing coaching
- Partner cross-functionally with development, finance, and property management teams to execute business plans
- Serve as a primary point of contact for joint venture partners, including reporting and communication
Requirements
- 15+ years of experience across asset management, leasing, and development, with strong retail exposure
- Bachelor’s degree required; MBA or Master’s in Real Estate a plus
- Proven experience managing commercial real estate portfolios and executing value-add strategies
- Strong financial acumen with experience in underwriting, forecasting, and capital planning
- Proficiency with Argus required; Yardi experience preferred
- Experience working across acquisitions, asset management, and development initiatives
- California real estate license preferred
- Strong leadership, communication, and relationship management skills