Log In
Sign Up
Goldman Sachs Asset Management Real Estate seeks an Associate for Commercial (Office, Industrial and Retail) Asset Management with 4-7 years of direct asset management experience with strong communication skills and work ethic, with the ability to collaborate with an internal team of professional and external business partners.
KEY RESPONSIBILITIES
- Primary responsibilities will include asset managing a portfolio of 10-15 assets
- Formulate and execute asset management strategies to maximize asset performance through knowledge of real estate markets and value-add strategies
- Engage and provide oversight of third parties 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
- Prepare and present business plans, including financial and asset performance data
- Establish strategic goals for the asset including leasing and disposition strategy
- Support the acquisition of real estate investment opportunities through due diligence and underwriting efforts
- 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
- Work closely with internal stakeholders such as Finance, Compliance and Legal
DESIRED SKILLS AND RESPONSIBILITIES
- Bachelor’s degree – Finance, Economics and/or Real Estate is required
- 4-7 years of directly relevant work experience in an asset management capacity, preferably at a top-tier investment management, private-equity, or advisory firm
- 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
- 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
Source: Goldman Sachs Career Page
