VP of Asset Management

San Diego, CA

A well-established, privately held real estate investment and development firm is seeking a VP of Asset Management & Development to oversee performance across a diversified commercial portfolio. This individual will drive asset-level strategy, leasing execution, and development initiatives, 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 & Development 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 requirements
• Oversee development, redevelopment, and capital improvement initiatives, including feasibility analysis, budgeting, and execution
• Coordinate with architects, contractors, consultants, and municipal stakeholders on entitlement and development-related initiatives
• Prepare and oversee asset management reporting for senior leadership and joint venture partners
• Conduct regular site visits to assess tenant experience, curb appeal, and operational performance, translating insights into actionable strategies

     Leasing Strategy & Execution

• Lead leasing strategy across all assets, partnering with internal teams 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 present recommendations to senior leadership for approval
• 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
• Lead, mentor, and develop leasing team members, including performance management and coaching

     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 capital calls and distributions
• Partner with finance team to evaluate debt and equity strategies for existing assets and new opportunities
• Review loan terms, financing structures, and related documentation
• Serve as a primary point of contact for joint venture partners, including reporting and communicationenture partners

     Acquisitions & Dispositions

• Support acquisitions through underwriting review, due diligence, and business plan validation
• Partner with acquisitions team to evaluate leasing assumptions and overall investment strategy
• Assist in disposition strategy, including broker selection, marketing materials, and buyer evaluation
• Oversee due diligence processes and coordinate materials required for transactionsactions

     Leadership & Cross-Functional Collaboration

• Partner cross-functionally with development, finance, and property management teams to execute business plans
• Lead internal teams and external partners to drive performance across the portfolio
• Represent the firm through industry engagement, networking, and market presence
• Identify and implement process improvements and technology solutions to enhance operational efficiency

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 preferred
• Proven experience managing commercial real estate portfolios and executing value-add strategies
• Experience overseeing entitlement processes and working with municipalities and external consultants
• Strong financial acumen with experience in underwriting, forecasting, and capital planning
• Proficiency with Argus required; Yardi experience preferred
• California real estate license required
• Strong leadership, communication, and relationship management skills