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Corporate Tools in Post Falls, Idaho is looking to add an experienced Commercial Real Estate Asset Manager to the team. Our business operates in all 50 states and owns/manages commercial RE buildings of various sizes throughout the US. You will be responsible for overseeing our commercial asset portfolio through three particular areas: Asset Procurement, Asset Management and Construction Management
Job Responsibility:
Asset Procurement: Search inventories in strategic national locations to identify buildings that match a predetermined set of criteria
Assess and make recommendations on the viability of the asset's financials, capital improvements, rent rolls etc
Establish a network of vendors (brokers, inspectors, contractors etc) to help facilitate the acquisition
Review and negotiate contracts for acquisition (in conjunction with in-house legal team)
Help identify possible roadblocks to closing in specific locations (city, county, state jurisdictions)
Asset Management: Work with on-site property mangers in locations with larger assets to maintain the building standards and keep building
Assess and make recommendations on the asset's rent rolls, CAMs, expenses, vendor agreements, leases
Develop an annual capital improvement budget for each asset
Asset Management: Work with in-house finance team to develop an annual business plan for each asset
Identify, obtain bids and recommend contractors to handle maintenance and capital improvements
In smaller locations, work with on-site employees to manage and lease available space directly with tenants
Work with existing facilities team in Spokane area to manage local assets
Requirements:
Exposure to each of the following areas: Asset Procurement, Asset Management, Construction Management
Project management skills such as time management, project budgeting, resource management and project scheduling for multiple projects
Ability to budget, schedule, negotiate, and control costs
High degree of familiarity with contract documents, terms, and conditions
Minimum 5 years experience in commercial real estate, including expertise in areas such as brokering, leasing, construction, or other relevant fields
Ability to work independently
Nice to have:
At least 3 years of experience in each of the following areas: Asset Procurement, Asset Management, Construction Management
Strong leadership and management skills
Experience working directly with stakeholders (i.e. officers/directors) and presenting solutions
Experience managing assets remotely
Relevant degree in Real Estate, Finance, Business, Management, Accounting, Economics, MBA, Law, or Communication
What we offer:
100% employer-paid medical, dental and vision for employees
Annual review with raise option
22 days Paid Time Off accrued annually, and 4 holidays
After 3 years, PTO increases to 29 days. Employees transition to flexible time off after 5 years with the company—not accrued, not capped, take time off when you want
The 4 holidays are: New Year’s Day, Fourth of July, Thanksgiving, and Christmas Day
Paid Parental Leave
Up to 6% company matching 401(k) with no vesting period
Quarterly allowance
Open concept office with friendly coworkers
Creative environment where you can make a difference
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