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Senior Asset Manager

Saglo Companies

Sglo Compnies is seeking Senior sset Mnger to join or sset Mngement tem in Mimi Lkes, FL. This role is responsible for owning portfolio of retil shopping centers en to en - sset strtegy, NOI performnce, lese nlysis, cpitl projects, n instittionl-qlity reporting. The iel cnite brings 7+ yers of commercil rel estte experience, incling t lest 4 yers in n sset mngement role t n instittionl pltform (REIT, privte eqity, or estblishe owner-opertor), with irect retil n shopping center experience. eep retil lese flency, strong finncil moeling skills in Excel n RGS, n working knowlege of constrction n cpitl projects re reqire. Trvel to ssets cross Flori, Georgi, n Mryln is expecte (15 to 25 percent). This role reports to the irector of sset Mngement n offers the opportnity to pply instittionl rigor in nimble, privtely hel owner-opertor environment where yor work irectly shpes otcomes.

bot Sglo Compnies
Sglo Compnies is privtely owne rel estte investment n operting compny specilizing in neighborhoo n commnity shopping centers. Fone in 1976, we cqire, improve, lese, n ctively mnge retil properties cross Flori, Georgi, n Mryln. We combine the experience, cpitl, n creibility of 5-yer-ol compny with the spee, ccessibility, n entrepreneril minset of smller orgniztion. Or people work closely with senior leership, tke meningfl ownership of reslts, n cn irectly see the impct of their work. Sglo is entering n importnt perio of growth, with significnt cpitl eployment n portfolio expnsion plnne over the coming yers. We re looking for tlente people who think like owners, ct with rgency, commnicte irectly, work well with others, contine lerning, n finish wht they strt. Or cltre is gie by five core vles: Service Focse, ll bot the Tem, Glss Hlf Fll, Lerning ll the Time, n On the Bll. escription

Senior sset Mnger

Sglo Compnies | Mimi Lkes, FL | Reports to: irector of sset Mngement

bot Sglo

We've been oing this since 1976. 5 yers of owning n operting necessity-bse retil rel estte, roghly 2.4 million sqre feet cross 24 shopping centers nchore by tennts like Winn-ixie, TJ Mxx, Brlington, Kohl's, n Strbcks.

We're privtely hel, verticlly integrte owner-opertor. Tht mens the person we hire for this role will sit insie the bsiness, not remove from it. Yo'll work irectly with senior leership, own rel ssets en to en, n see the reslts of yor ecisions in the nmbers.

We've bilt lot of instittionl rigor into how we operte. Wht we're looking for now is someone who cn help s tke tht frther.

The Role

This is senior role on or sset Mngement tem. Yo'll own portfolio of shopping centers en to en, strtegy, performnce, lesing ecisions, cpitl projects, reporting n yo'll be genine thoght prtner to the irector of sset Mngement n ownership.

The opportnity here is rel one: yo're coming from n instittionl pltform (REIT, PE, or lrger owner-opertor) n yo're rey to pply tht toolkit somewhere nimbler. t Sglo, yo won't be mnging pwr throgh three lyers of brecrcy to move on n sset. Yo'll hve the t, the reltionships, n the trst to ctlly rive ecisions.

This role will hve rel impct on how we rn the portfolio n how we grow. If yo wnt set t the tble, this is it.

Wht Yo'll Own
Portfolio Strtegy n sset Performnce
• Fll ccontbility for NOI growth, vle cretion, n exection of the bsiness pln for yor ssigne portfolio of ssets.
• Mlti-yer finncil moels, hol/sell nlyses, n vle enhncement plns for ech property.
• Reglr monitoring of KPIs - occpncy, rent roll helth, sles proctivity, expense rtios, NOI, IRR - with proctive ientifiction of gps n opportnities.
• Site visits cross Flori, Georgi, n Mryln to sty close to yor ssets, yor mrkets, n yor tennts.
Lese nlysis n el Review
• eep flency in complex retil leses - nchors, REs, OEs, gron leses - n the ownstrem implictions of every clse.
• Hns-on review n pprovl of lese els in prtnership with the lesing tem, with focs on economic terms, lese strctre, n risk.
• Oversight on nnl CM, tx, n insrnce reconcilitions to ensre fll n ccrte recovery.
• Working knowlege of co-tenncy, go-rk, kick-ot, percentge rent, recptre, exclsive se, n ssignment rights - not jst conceptlly, bt in prctice.
Cpitl Projects n Constrction
• sset mngement le on cpitl projects, reevelopments, n TI progrms from concept throgh completion.
• ROI evltion n pro form stress testing for reevelopments, expnsions, fce work, prking, n mjor biling system replcements.
• Collbortion with constrction tems, property mngement, rchitects, n engineers to trck cost, schele, n scope - n esclte vrinces before they become problems.
• Comfort reing constrction ocments, bgets, n chnge orers well enogh to sk the right qestions.
Reporting, Bgeting, n nerwriting
• nnl bgeting n reforecsting for ssigne ssets - operting n cpitl bgets, lesing ssmptions.
• Instittionl-qlity monthly, qrterly, n nnl reporting for ownership, investors, n leners.
• Finncil moeling in Excel n RGS (or comprble) for bgets, vltions, n hol/sell nlyses.
• Spport for cqisitions n ispositions throgh nerwriting, e iligence, n trnsition plnning.

Wht Yo Bring
• 7+ yers of progressive commercil rel estte experience, with t lest 4 yers in sset mngement t n instittionl pltform (REIT, privte eqity, or estblishe owner-opertor).
• irect retil rel estte experience is reqire. Shopping center experience is strongly preferre.
• emonstrte bility to re, interpret, n pply the logic of complex retil leses, REs, n relte greements.
• Working knowlege of constrction n cpitl projects - incling reing rwings, evlting bgets, n holing GCs n consltnts ccontble.
• Strong finncil moeling skills in Excel; experience with RGS Enterprise n pltforms like Yri or MRI.
• trck recor of riving NOI growth n execting bsiness plns cross mlti-sset portfolio.
• Excellent written n verbl commniction skills - yo cn trnslte complex t into cler story for ownership, investors, n leners.
• Willingness to trvel to ssets cross Flori, Georgi, n Mryln (roghly 15 to 25 percent).
• Bchelor's egree in Rel Estte, Finnce, cconting, Bsiness, or relte fiel.

Nice to hves:
• MB, mster's egree in Rel Estte or Finnce, or CCIM/CPM/RP esigntion.
• Bckgron in reevelopment or vle- retil projects.
• Meningfl exposre to constrction mngement, tennt coorintion, or evelopment.
• Existing reltionships in the sothestern retil rel estte mrket.
• Bilingl English/Spnish - pls given the Soth Flori mrket.

Wht Sccess Looks Like

Within 9 ys:

Yo know the portfolio t n sset level, yo've bilt reltionships cross the tem, n yo've ientifie the three to five highest-impct opportnities n risks.

Within 6 months:

Yo're rnning the sset mngement fnction for yor portfolio, the br on reporting n nerwriting hs gone p, n yo're ctively riving cpitl n lesing ecisions.

Within 12 months:

Yo've mesrbly move the neele on NOI, broght instittionl best prctices into how we work y to y, n become trste prtner to ownership n senior leership.

If yo've spent yers t lrger pltform biling the toolkit n yo're rey to se it in plce where yor work ctlly shpes otcomes - we' like to her from yo.
Vacancy posted more than 2 months ago

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