Asset Manager
1 week ago
**Job Summary**
WCPG is an accomplished and award-winning development and construction management company with multiple multifamily and commercial projects across BC.
**Responsibilities**
- Drive net income growth and create strategies for value enhancement by managing the operational and financial performance of assigned portfolio.
- Engage in direct property management relationships, visit assigned buildings and seek to preserve the high level of occupancy the portfolio has maintained since inception.
- Develop and execute strategic asset-level business plans and update quarterly.
- Maximize the total return of each asset through the analysis of property efficiencies and identify opportunities for improved performance.
- Monitor and evaluate property performance against KPIs, benchmarks, and market trends.
- Direct and work closely with third-party property managers in the development of annual operating budgets including capital investment programs, and the day-to-day execution and oversight of same
- Coordinate, manage and execute RFP process for property managers on new buildings,
- Coordinate and manage the marketing and leasing of new buildings
- Work with property management team on marketing and leasing strategies. Provide lease administration and negotiation support.
- Partner with leasing brokers to drive occupancy and rental rate growth in alignment with asset strategy.
- Analyze tenant mix, weighted average lease expiries and lease structures to optimize long-term value.
- Undertake detailed review of third-party appraisals.
- Undertake property site inspections and reviews.
- Ensure the integrity, accuracy, consistency and completeness of third-party reporting (including financial statements, capital plans and amortization schedules, tenant recovery schedules, etc.).
- With the consultation/approval of the VP of Finance and COO's, conduct required capital improvement projects that will enhance the value of the asset.
Pay: $75,000.00-$95,000.00 per year
**Benefits**:
- Company events
- Dental care
- Extended health care
- On-site gym
- On-site parking
- Paid time off
- Vision care
**Experience**:
- asset management: 5 years (required)
**Language**:
- fluent english (required)
Licence/Certification:
- B.C. drivers license (required)
Work Location: In person
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