Real Estate Asset Manager Job Listing at Panda Restaurant Group in Pasadena, CA (Job ID 24001431)

Description

Summary of Job Description:

The Asset Manager works in conjunction with the CFT Real Estate team to develop a comprehensive business and management plan for the firm's portfolio. This includes all aspects of the property life cycle such as normal operations, leasing, capital needs, refinance, repositioning, current/future valuation, market conditions, and all day-to-day management.  This position may have responsibility for a large asset or several smaller assets as well as support more senior Asset Managers.  Responsibilities may include financial analysis related to leasing and financing decisions, leasing evaluation, sales activities, asset and capital improvement budgeting, asset management plans, and property management coordination.

You'll get a chance to:

• Manage and oversee a large asset or several smaller assets as well as supporting more senior Asset Managers.   
• Closely monitor financial performance to make operational adjustments and maximize NOI/property value and achieve financial goals (i.e., budget and underwriting). 
• Work closely with Leasing to manage the marketing, negotiation, and execution of all leases to achieve leasing and income goals. 
• Work closely with Property Management to manage expenses while maintaining a high-quality property and tenant experience.
• Responsible for the formulation and execution against property level business plans, budgets and forecasts. 
• Develop and implement value-add strategies, disposition strategies, and financing strategies. 
• Work closely with other CFT departments to oversee successful execution of the business plans. 
• Responsible for regular financial and performance reporting and presentations to senior members, principals, and external parties.
• Collaborate with the acquisition team on new investment opportunities by assisting in due diligence, providing underwriting assumptions, and transitioning  newly acquired properties.
• Maintain positive working relationships and partnerships, both internally and externally (e.g., CFT associates, brokers, partners, property managers, and vendors).
• Stay abreast of market conditions affecting the portfolio by conducting periodic research and market studies, regular site visits and market tours, and developing relationships with relevant real estate professionals (e.g., brokers, operators) to gain market intelligence.

How we reward you:

• Hybrid Work schedule
• 401K with company match
• Yearly bonus opportunity*
• Full medical, dental, and vision insurance *
• On-site fitness center, biometric screen, and flu shot clinic
• Discounts at Panda restaurants, theme parks, and gym memberships
• Paid time off starting at 15 days with 7 federal holidays*
• Continuous education assistance and scholarships*
• Income protection including Disability, Life and AD&D insurance*
• Bereavement leave*

*Benefits available for eligible permanent full time associates

 #LI-Hybrid

Your background and experience: 

• Bachelor's degree in Real Estate, Economics, Business, or related field required
• Minimum five years of relevant work experience in real estate with increasing project management responsibility.
• Successful completion of initial and periodically required trainings.
• Obtaining a valid Food Handler's Card within 30 days of employment is a requirement of this position.

Panda Strong since 1983

Founded in Glendale, California, we are now the largest family-owned American Chinese Restaurant concept in America. With close to 2,000 locations globally, we continue our mission of delivering exceptional Asian dining experiences by building an organization where people are inspired to better their lives. Whether it's impacting our team or the communities we work in, we're proud to be an organization that embraces family values.

You're wanted here

We value diversity in all forms and know the strength it brings. Workplace equality allows for creative ideas to blossom, diverse points of view to be heard, and improves overall happiness. We like the sound of that.

Panda Restaurant Group, Inc. is an Equal Opportunity Employer and prohibits discrimination and harassment on the basis of race, color, religion, sex, national origin, disability, age and any other basis protected by the laws which apply where we operate. Panda provides accommodations for disabilities and religious observance purposes as required by law.