Asset Management Analyst

Confidential • Full-time • Basking Ridge, NJ, US • $100k / year • 2d ago

Position Summary

The Asset Management Analyst / Associate will support the day-to-day management and financial performance of the company's commercial real estate portfolio, which is primarily made up of industrial properties. This position reports directly to the Head of Capital Markets and will be involved in a wide range of asset management and capital markets activities, including budgeting, lease analysis, financings, reporting and portfolio financial analysis. The role requires regular communication with the leasing, accounting and property operations teams and the ideal candidate will be comfortable coordinating across all three. Title will be determined based on the candidate's experience level.

Key Responsibilities

· Act as a central point of coordination between the leasing, accounting, and operations teams; gather and reconcile information from each group so that lease terms, financial reporting and property-level activity remain consistent and up to date

· Confirm that executed lease terms are reflected accurately in the accounting system and operating budgets and communicate operational issues (deferred maintenance, tenant concerns, vacancy preparation) to ownership on a timely basis

· Hold regular check-in calls with property managers and leasing brokers and prepare summary updates for the Head of Capital Markets

· Monitor property performance against budget and underwriting. Identify variances and recommend corrective action

· Prepare quarterly asset performance reports and annual property business plans, if requested

· Review rent rolls, CAM reconciliations and operating statements for accuracy

· Assist in leading the annual budgeting process in coordination with property management and accounting

· Monitor accounts receivable and tenant credit; escalate delinquencies as needed

· Assist with the real estate tax review and appeal process in coordination with outside consultants

· Track insurance coverage, policy renewals, and certificates of insurance across the portfolio

· Prepare and maintain cash flow models in Excel and/or Argus, including hold/sell analyses, lease comparisons, and refinancing scenarios

· Support the Head of Capital Markets on financings and refinancings, including preparation of lender packages, comparison of term sheets, and coordination of closings

· Assist with lender compliance requirements, including covenant tracking, reserve draws, and required reporting

· Assist with investor and partner reporting, including capital calls/distributions

· Maintain portfolio-level reporting on occupancy, lease expirations, and debt maturities

· Support lease negotiations by preparing deal economics and tracking critical dates (expirations, renewal options, escalations)

· Assist with due diligence for acquisitions and dispositions, including lease abstracting and financial review

· Track capital projects from approval through completion, including budget, timeline, and contractor coordination

· Perform other duties as assigned

Qualifications

· Bachelor's degree in real estate, finance, accounting, economics or a related field

· 1-3 years of experience in commercial real estate (asset management, acquisitions, brokerage, lending or valuation)

· Strong Excel skills required, experience with Argus Enterprise is a plus

· Working knowledge of commercial lease structures (NNN, gross, modified gross)