Asset Manager

ElmTree Funds is a private equity commercial real estate investor and operator with a primary focus of acquiring net leased, build-to-suit and sale-leaseback assets in the industrial, office and healthcare sectors. With offices in the St. Louis, New York, Charlotte and Phoenix, our company s current portfolio includes more than 60 assets totaling more than 10 million square feet with total Assets Under Management (AUM) of more than $1.5 billion in both core funds and separate managed accounts. Our investors include high net-worth individuals, family offices, pension funds and institutional investment advisors and managers.

POSITION AND RESPONSIBILITIES

ElmTree Funds is seeking an Asset Manager who is a highly motivated, organized and self-directed individual with 5+ years experience in property management and/or asset management of commercial real estate. Specific duties will include the following responsibilities:

• Management of a national portfolio of commercial real estate working with local property management providers as well as tenants in self-managed properties.
• Review of monthly property management/financial reports to identify operational and financial issues and to address these items accordingly.
• Provide direction on property-related matters including CAM reconciliations, rent increases, real estate tax appeals, tenant defaults and capital improvement projects.
• Track and ensure all insurance certificates are up-to-date and compliant with lease and lender requirements
• Interact with architects, engineers, attorneys, contractors and consultants for implementation of capital improvement and Repair & Maintenance (R&M) projects.
• Preparation of annual budgets and assistance with quarterly and annual reports to investors.
• Understanding of tenant leases, operating agreements and service contracts for compliance.
• Travel to the properties meeting with local property management and tenants and to review property condition, operations and strategy to insure proper on-going maintenance and repair and to determine capital improvement and renovation timing and requirements.
• Knowledge of casualty and liability insurance policies and procedures.
• Provide support with acquisitions, dispositions and financings.

QUALIFICATIONS

• Bachelor's degree preferably in business, real estate, finance or accounting
• CCIM, CPM or other real estate designation a plus
• 5+ years experience in property management and/or asset management
• Self-starter with strengths in project management and multi-tasking skills
• Excellent verbal and written communication skills
• Top tier computer skills (Outlook, Word, Excel and PowerPoint)
• Experience with MRI Real Estate Management Software
• Very strong financial analysis abilities
• Some travel will be required