Two-thirds of the holy triad of property management, asset and portfolio managers protect and maximize value through daily attention to their properties as well as strategic positioning for the future all the while coordinating between property managers and owners. Real estate Asset and Portfolio Managers have the responsibility of maximizing the performance and value of the company's portfolio of real estate assets that are owned and/or managed through acquisitions, dispositions, or operations. They are responsible for formulating and implementing a long-range real estate asset management and/or fund management strategy. While Asset Managers typically focus on a single property type, e.g. office properties, within the company's real estate investment portfolio, Portfolio Managers would be responsible for all the product types within the fund, which may include office, retail, and multi-family.
Role / Company | Location | Posted | ||
---|---|---|---|---|
Asset ManagerMRK Partners | Boca Raton, FL | May 26, 2023 | ||
Operations AssociateMRK Partners | Los Angeles, CA | May 26, 2023 | ||
Property Manager - CommercialEthan Conrad Properties Inc | Sacramento, CA | May 24, 2023 | ||
VP / SVP, Multifamily Asset ManagementFifteen Group Capital LLC | Miami, FL | May 21, 2023 | ||
Sr Associate, Asset ManagementCP Group | Atlanta, GA | May 19, 2023 | ||
DIRECTOR, REAL ESTATE PRIVATE CREDIT, FUND MANAGEMENTNewport Real Estate Partners | Newport Beach, CA | May 18, 2023 | ||
Associate Director / Director of Asset ManagementKeller Augusta | Dallas, TX | May 18, 2023 | ||
Vice President, Portfolio ManagementStockbridge | San Francisco, CA | May 17, 2023 | ||
Dispositions OfficerConfidential | Boston, MA | May 17, 2023 | ||
SVP, Multifamily OperationsNewcastle Limited | Chicago, IL | May 16, 2023 |
The Future of Asset Management
Opportunities will be abundant in the future for Asset and Portfolio Managers. With less new development projects in the mix, investment owners will be more focused on increasing the profitability of their existing assets and will turn to Asset and Portfolio Managers to make it happen. Demand for employees with the ability to maximize property/portfolio performance, i.e. Asset and Portfolio Managers, will increase sharply in the coming months and years due to the ever changing real estate market. Even as acquisitions increase, asset managers will be involved in the due diligence process as owners are more focused on operating performance.