BH Properties

Senior Asset Manager

SAN FRANCISCO, CAPosted 30+ days ago

Job summary

  • Job post source

    This job is directly from BH Properties

  • Job overview

    The Senior Asset Manager at BH Properties oversees Northern California assets and contributes to acquisitions, focusing on maximizing cash flow and asset value.

  • Responsibilities and impact

    The role involves managing property operations, leasing negotiations, tenant relations, budgeting, reporting, capital improvements, and collaborating with acquisition teams to enhance asset performance.

  • Compensation and benefits

    The position offers a base salary of $175,000 to $200,000 with an excellent compensation package and growth opportunities within a well-capitalized, privately held investment group.

  • Experience and skills

    Candidates should have a BA/BS in finance, real estate, or related field, 7-10+ years of commercial real estate asset management experience, financial analysis skills, lease management expertise, and proficiency with Yardi and MS Office; graduate degree and Argus experience are preferred.

  • Career development

    The company offers growth and development opportunities within an entrepreneurial investment group, emphasizing career advancement rather than just a job.

  • Work environment and culture

    BH Properties operates in a collaborative, team-oriented environment valuing organization, detail orientation, and strong communication skills, with a visible leadership role in the community.

  • Company information

    BH Properties is a privately held commercial real estate investment firm with 30 years of history, owning 10 million square feet across 18 states, focusing on value-add acquisitions in various property types.

  • Team overview

    The Senior Asset Manager reports to the Executive Managing Director of Operations and President, working closely with leasing teams, property managers, and acquisition staff.

  • Job location and travel

    The position is based in San Francisco, CA, with approximately 30% travel required.

  • Application process

    Applicants should submit a resume with salary requirements for priority consideration; the job posting is powered by JazzHR.

  • Unique job features

    The role is highly visible internally and externally, involving leadership, management, and community representation, with involvement in acquisitions and value-add projects.

Company overview

BH Properties is a real estate investment firm specializing in acquiring and repositioning underperforming commercial properties across the United States. They generate revenue by purchasing distressed assets, enhancing their value through strategic renovations and leasing, and then either holding them for long-term income or selling them at a profit. Founded in 1994, the company has a significant track record of transforming various property types, including retail, office, industrial, and multi-family assets, into profitable ventures. Their expertise lies in identifying opportunities in challenging markets and leveraging their extensive industry experience to maximize returns.

How to land this job

  • Tailor your resume to emphasize your extensive experience in commercial real estate asset management, especially in principal-based leasing and retail/office asset management, to align with BH Properties' focus on value-add acquisitions and operational oversight.

  • Highlight your skills in financial analysis, lease management, and familiarity with tools like Yardi, MS Office 365, and Argus, as these are crucial for managing assets and evaluating investments at BH Properties.

  • Apply through multiple channels including BH Properties' corporate career site and LinkedIn to maximize your application visibility and ensure you don’t miss any opportunities.

  • Connect on LinkedIn with professionals in BH Properties' asset management and acquisitions teams; use ice breakers like commenting on BH Properties' recent acquisitions or asking about their approach to value-add strategies in the current market.

  • Optimize your resume for ATS by incorporating keywords such as 'asset management,' 'financial analysis,' 'lease negotiation,' 'value-add strategies,' 'Yardi,' and 'retail leasing' to pass initial screening and highlight relevant expertise.

  • Leverage Jennie Johnson's Power Apply feature to automate resume tailoring, identify all relevant application portals, and find LinkedIn connections, allowing you to focus your time on networking and interview preparation.

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