Looking to hire an Asset Manager for a client in Dubai
Duties & Responsibilities:
1. Manages and leads the company’s diverse real estate lease portfolio and initiatives
2. Monitors and evaluates the performance of company’s Asset Management portfolio
3. Works with the leasing team on annual budgets and monthly, quarterly forecasting of Asset Management Revenue
4. Prepares financial analysis to support lease recommendations
5. Responsible for conducting market and demographic research, as well as leading site selection and property tours with teams and third-party service providers
6. Prepares market and initial site analysis, including trends, competition reports, and general site information
7. Leads the IT team on various reports and other system/business specific requirements/modifications specific to Asset Management.
8. Develops and analyzes budgets and financial information for new locations and new acquisitions
9. Negotiates all legal terms of a lease contract with prospective tenants and partners with internal Legal team to edit lease agreements and necessary legal documents
10. Ensures lease obligations are fulfilled, documentation and company issues are resolved
11. Builds and directs a team of internal and external leasing agents to execute company strategies with respect to real estate activities and management
12. Manages real estate location inquiries, suggestions, and requests regarding prospective locations as assigned
13. Regularly and efficiently communicates with all parties involved in a project (i.e. sponsor, stakeholders, team members, etc.)
14. Communicates resource shortfalls to superiors in a timely manner
15. Works to establish and maintain relationships with Real Estate Investment Trusts (REITs), brokers, developers, and landlords
16. Keeps accounting books and records for all apartments and properties in their portfolio using Yardi Property Management System
17. Ensures that Property Managers send lease renewals or terminations at least 90 days before lease expiration
18. Monitors all leasing activity to insure maximum occupancy and income, and manages the Property Managers / Leasing Agents tenement process, ensuring the property Manager / Leasing Agent / team provides new tenants with move-in information packets, and conducting credit checks for all potential tenants
19. Responsible for monitoring the property management team
20. Renders assistance during acquisition and disposition of properties
21. Models a full lifecycle financial analysis for projects/assets in the portfolio.
Job Type: Full-time
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