Director of Asset Management

Director Of Asset ManagementThe Director of Asset Management is accountable for driving the strategic performance, financial outcomes, and long-term value of a portfolio of mixed-use assets within Silver Ventures, including retail and multifamily properties across the Pearl campus and broader portfolio. Reporting to the COO, this role serves as an owner's representative and strategic partner to Property Management and Leasing partners, ensuring assets deliver strong financial performance while maintaining the brand integrity, operational quality, and experiential excellence of the Pearl ecosystem.This role requires a balance of strategy, financial discipline, market insight, and stewardship, with accountability for both what gets decided and how well it is executed and tracked with accountability for ensuring assets are effectively transitioned from development through stabilization, with full alignment across leasing partners, construction, and operations.Essential FunctionsAsset Strategy & Value CreationDevelop and execute annual business plans and long-term strategic plans for each assetIdentify and drive initiatives that improve:NOI / EBITDA performanceLease rate growthTenant mix quality and alignmentEvaluate and prioritize repositioning, redevelopment, and investment opportunities; participate in execution where appropriate including leasingEnsure each asset contributes to and aligns with the long-term vision of Silver VenturesFinancial Performance & Asset OversightLead monthly asset performance reviews, including:Budget vs. actual analysisForecast updates and risk identificationPartner with Property Management to ensure:Clear accountability for performanceTimely corrective actions where neededAct as a strategic advisor tied directly to financial outcomes, with emphasis on:NOI / EBITDA growthRevenue optimizationSupport and influence annual budget development and reforecasting processesEconomics and strategy – including changes in industry or government compliance issues that affect our assetsSales/Leasing, Tenant Health & Portfolio OccupancyAccountable for Leasing Strategy including:Tenant selection and curationLease economics and strategy including broker selection, lease negotiation, tenant-support, tenant finish-out oversight, and ongoing tenant relationship managementUse mix optimizationEnsure decisions support:Long-term value creationStrong tenant health and retentionAlignment with brand and experienceMonitor and actively manage:Tenant performance and riskLease rollover exposureDrive portfolio performance through focus on:Occupancy levels and lease-up strategyMinimization of downtime between tenants% of leasable space under agreementStewardship of the brandServe as a guardian of the assets and overall experience, ensuring:Aesthetic consistency and brand integrity across all propertiesAlignment with the identity, quality standards, and sense of placeEnsure tenant relationships are managed with professionalism and intentionality includingCoordination across:RetailMultifamilyPotluck HospitalityShared and public spacesOversight, in partnership with Property Management, of:Service levels and execution qualityTenant and customer experienceA holistic perspective on how each asset contributes to the vibrancy, cohesion, and long-term successProperty Management Partnership & Operating AlignmentPartner closely with Property Management teams across retail and multifamilyProvide strategic direction, performance targets, and accountability frameworksReview and approve key operational decisions in partnership with Executive Management, including:BudgetsCapital projectsMajor operational initiativesEnsure alignment with operators while maintaining an owner's perspective on value creation and disciplinePromote consistent processes, reporting standards, and execution rigorCapital Projects & Investment ManagementEvaluate, prioritize, and recommend capital expenditures and investment initiatives in conjunction with development & construction teamsParticipate in redevelopment and repositioning efforts where appropriateDirectly work with PM to ensure capital project tracking and reporting, ensuring:Accurate budgets and timelinesClear visibility into progress and risksDiscipline in execution and variance managementDevelop business plans and investment memos for significant capital or strategic initiativesTrack and evaluate ROI and performance of completed projectsCoordinate with Development and Design & Construction teams to ensure assets are strategically, operationally, and financially positioned as projects progressEnsure lease obligations, tenant commitments, and commercial terms are clearly defined, tracked, and effectively transitioned into operations as assets move from development through delivery and stabilizationPartner across Development and Property Management to ensure alignment between design intent, leasing outcomes, and operational readiness, minimizing execution gaps and riskTenant Integration & Operational Process DisciplineEnsure proper onboarding and integration of tenants into Silver Ventures processes, including:Financial setup and billing alignmentLease administration coordinationOperational readiness and handoff to Property ManagementPartner across teams to ensure:Accuracy in financial reportingConsistency in processesMinimization of operational friction or delaysIdentify and improve gaps in tenant lifecycle execution and internal processesMarket Intelligence & Strategic InsightMaintain a strong, current understanding of:Local and regional market dynamicsIndustry trends across retail and multifamilyCompetitive positioning in compliance including changes in industry or government issues that affect our assets (i.e. taxes)Translate market insights into:Actionable asset-level strategiesLeasing and pricing recommendationsInvestment and capital allocation decisionsProvide regular executive updates on:Market trendsEmerging risks and opportunitiesStrategic implications for the portfolioReporting & DeliverablesMonthly asset performance reviewsAnnual business plans (per asset)Long-term strategic plansInvestment memos (as needed)Capital project tracking and reportingExecutive-ready updates on performance, strategy, and market dynamicsDecision-Making & GovernanceAuthority to approve key asset-level recommendations, including budgets, capital projects, and strategic initiatives and pricing and occupancy strategy.Responsible for gaining alignment with Property Management, and internal stakeholders in service to our brand proposition – (being the pioneering Plazamaker of North America)Escalates major decisions, trade-offs, or conflicts to the COO as neededAccountable for ensuring both decision quality and execution disciplineHow This Role is Unique