Asset Manager

Serac Capital Partners is a data-driven real estate investment management firm dedicated to creating exceptional value for investors, clients, and communities. We prioritize intellectual curiosity and creativity, fostering a professional yet enjoyable work environment. Committed to social responsibility, Serac Capital Partners gives back through quarterly volunteer initiatives and contributes at least 5% of its annual profits, before bonuses, to charitable causes. Role Description Serac Capital Partners is looking for an Experienced Asset Manager to join its team. At Serac, asset management is a hands-on function that begins by working with acquisitions during the underwriting and due diligence phases. The Asset Manager is expected to actively engage with tenants, leasing brokers (landlord and tenant rep), and onsite management, and regularly evaluate and direct property operations in person at the property. Each member of the asset management and acquisition teams participates in the long‑term incentive compensation plan that is based on each property’s performance. An Asset Manager at Serac is expected to know both finance and property operations. Intellectual curiosity and an entrepreneurial spirit are a must to be part of our team. The Asset Manager is a member of the Investment Committee. At Serac, acquisitions and asset management are connected from cradle to grave. Serac is a small team entering an expansion period where it expects to exit and acquire assets, and start new developments. Because Serac will acquire more assets than it develops, the Asset Manager will primarily focus on acquired assets. Serac operates in 13 Sunbelt markets and acquires properties in four asset classes: office, neighborhood retail, multitenant industrial/flex, and multifamily. Experience in all four asset classes is not required. Serac will pay relocation costs. Responsibilities Oversee all aspects of property operations for assigned properties. Establish, maintain, and expand relationships with existing and prospective tenants. Tenant relationship building is shared with leasing and property management, not outsourced to them. Lease vacant space. While leasing is the responsibility of leasing agents, the Asset Manager should consider himself/herself part of the leasing team and responsible for driving leasing: meet with tenant rep brokers, tour buildings of prospective tenants, participate in key prospective tenant building tours, etc. Of course, leasing also includes analyzing lease proposals, performing economic analyses, negotiating leases, etc. Execute capital plans. Like leasing, the day‑to‑day of capital projects is carried out by others. Asset Managers drive this process by understanding the needs at the property, meeting/strategizing with the construction management team, meeting with contractors when necessary, and knowing when to call an audible to find a better way forward. Be prepared to get your hands dirty. Make decisions and be coachable. The Asset Manager must be prepared to make decisions to get things done. Serac’s business is investments, investor relations, and asset management. Our senior team is involved in all three. Be prepared to learn from their experience. Know assigned properties inside and out. Know market areas. Review market reports from multiple sources, drive markets, walk competitive buildings, walk non‑competitive buildings, tour precedent‑setting properties, etc. Review monthly reporting packages prepared by property accounting and evaluate KPI. Update and present quarterly property dashboards. Prepare quarterly investor reporting packages and address investor questions. If something relates to an assigned property, the Asset Manager is responsible for it. The Asset Manager is part of the team and is supported by the team. Serac wins and loses as a team. Qualifications Required : Eight plus years of asset management, acquisition, development, or property related experience. We will teach you a lot, but we cannot teach you everything. Non‑compliant résumés WILL NOT be considered. Required : Undergraduate degree, preferably in Business, Finance, Economics, Accounting, Real Estate, Engineering, or Construction. Required : Strong knowledge of Excel and a good understanding of Argus. Exceptional written and verbal communication skills, including ability to articulate recommendations in concise and timely manner. Spanish/English speaking is a strong plus. Advanced degree and/or professional designation is a plus. #J-18808-Ljbffr