Asset Manager Job at 20/20 Foresight Executive Talent Solutions, New Milford, NJ

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  • 20/20 Foresight Executive Talent Solutions
  • New Milford, NJ

Job Description

Company

Our client specializes in the acquisition and management of office, retail, and multifamily properties across the United States. With over three decades of experience and 3.5B in AUM the firm is known for its strategic, hands-on approach to value creation - from operational enhancements to thoughtful capital improvements.

Position

Our client is seeking a dynamic, result-driven Asset Manager to oversee the performance, strategy, and value optimization of their real estate assets. The Asset Manager will play a critical role in executing asset-level business plans, driving financial performance, and supporting key decision-making processes across acquisitions, leasing, capital improvements, and dispositions. The ideal candidate will bring a combination of strong analytical acumen, operational oversight, and real estate market knowledge.

Responsibilities

  • Develop and execute comprehensive business plans for each asset, aligning with overall investment strategy and ownership objectives.
  • Monitor and manage asset performance against pro forma expectations, including tracking revenue, expenses, leasing activity, and capital projects.
  • Produce quarterly and annual asset-level reports, including variance analysis, reforecasts, and commentary for internal and external stakeholders.
  • Collaborate closely with property management teams to ensure operational efficiency, tenant retention, and cost control.
  • Oversee and manage the annual budgeting process for each asset, including capital planning, leasing assumptions, and operational expenditures.
  • Review, negotiate, and approve lease terms in coordination with internal leasing teams and external brokers to maximize occupancy and rental income.
  • Identify and implement value-add opportunities including rebranding, repositioning, redevelopment, or strategic capital improvements.
  • Lead and coordinate capital projects, including scope definition, contractor selection, budget tracking, and construction oversight.
  • Analyze market trends and submarket dynamics to assess risk, inform leasing strategies, and support asset repositioning decisions.
  • Conduct regular property site inspections to evaluate conditions, ensure compliance with business plans, and maintain tenant relations.
  • Assist with acquisition due diligence, including review of financials, leases, property condition reports, and third-party studies.
  • Support disposition efforts by preparing offering materials, working with brokers, and assisting with buyer due diligence and closing documentation.
  • Maintain and update asset-level financial models (Argus/Excel), ensuring accuracy in forecasting, valuations, and scenario planning.
  • Build strong working relationships with brokers, tenants, service providers, and internal stakeholders to support asset performance.
  • Stay current on regional economic indicators, leasing activity, and industry best practices to proactively adjust asset strategies.

Qualifications

  • Bachelor’s degree in Real Estate, Finance, Business, or related field.
  • 5+ years of relevant experience in asset management.
  • Strong understanding of real estate financial modeling, lease analysis, and valuation techniques.
  • Demonstrated ability to manage complex projects, work cross-functionally, and make data-driven decisions.
  • Proficient in Argus, Excel, and property management software (e.g., MRI, Yardi).
  • Excellent communication, negotiation, and presentation skills.
  • A proactive, entrepreneurial mindset and ability to work in a fast-paced, hands-on environment.

Personal Skills & Attributes

  • Strong analytical and problem-solving skills; able to interpret data and drive insight-based decisions.
  • High attention to detail with strong accuracy in reviewing financials, leases, and contracts
  • Strategic mindset with the ability to connect daily execution to long-term investment goals.
  • Clear and professional communication skills, both written and verbal.
  • Self-motivated and able to work independently with minimal supervision.
  • Collaborative team player who works well across departments and with external partners.
  • Adaptable and comfortable in a dynamic, fast-paced working environment.
  • Result-oriented with a focus on performance, accountability, and value creation.

Job Tags

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