San Diego, CA
A San Diego-based commercial real estate investment firm is seeking an experienced Asset Management professional to oversee performance across a diverse and stabilized portfolio while supporting execution on a growing pipeline of value-add retail initiatives. The firm combines institutional-level discipline with an entrepreneurial, hands-on approach to ownership and operations.
The is VP of Asset Management will manage the performance of a defined portfolio of assets, balancing day-to-day operational oversight of stabilized properties with hands-on execution of value creation initiatives at our retail projects. This is a high-ownership role for someone who wants to touch every lever of asset performance—leasing, capital projects, operations, and reporting.
Responsibilities:
Portfolio & Asset Performance
- Manage a portfolio of stabilized assets to maximize NOI, cash flow, and long-term value, while developing and executing the business plan for each property
- Track performance against underwriting, identify variances, and implement corrective action
Leasing
- Oversee leasing strategy and execution across the portfolio, working with brokers and prospective tenants to drive occupancy, rent growth, and tenant quality
- Review and negotiate LOIs and lease terms; manage renewals, expansions, and re-tenanting
Value-Add & Renovation Programs
- Lead repositioning and renovation programs at value retail projects, managing scope, budget, timeline, and contractor performance
- Coordinate capital improvement initiatives that enhance asset value and tenant appeal
Property Management & Accounting Coordination
- Direct third-party and internal property management teams to ensure operational excellence
- Partner with accounting on budgeting, reforecasting, CAM reconciliations, and monthly/quarterly reporting
Reporting & Analysis
- Oversee production of asset-level reporting, hold/sell analysis, and recommendations for ownership and investors
- Create and present quarterly reports for investors
Requirements:
- 5–10+ years of commercial real estate experience, with direct asset management and/or leasing exposure (retail experience strongly preferred)
- Bachelor’s degree required; finance, real estate, or related field preferred
- Demonstrated ability to manage leasing and capital projects from strategy through execution
- Strong financial acumen and ability to synthesize underwriting, budgeting, and variance analysis
- Highly organized, accountable, and comfortable operating with autonomy in a lean, fast-moving team
- Based in or willing to relocate to San Diego; this is a full-time in-office position