Senior Asset Management
JLL empowers you to shape a brighter way
Group
Location
The opportunity
Own owned asset performance
- Set the strategy for each owned asset, recommending whether to hold, lease up, reposition or sell.
- Track net operating income, occupancy, rent roll and expense variance, and say what's driving the numbers and what you'll do about it.
- Lead the annual business plan and the operating and capital budget for the owned portfolio.
Guide acquisitions and dispositions
- Evaluate acquisition opportunities and give the client a clear recommendation, with the underwriting behind it.
- Build the case for each disposition, including timing, pricing expectations and the use of proceeds.
- Work with our transaction management team on broker selection, marketing and execution.
Direct capital spending
- Recommend where capital goes, and where it doesn't, based on the return it earns, the risk it removes and the tenant need it meets.
- Review capital plans and project scope with property management, and track spend against the approved budget.
Reduce vacancy
- Set leasing strategy for vacant and expiring space, including target tenants, rate ranges and concession approach.
- Work with lease administration on expiration and renewal strategy, so you see roll risk well before it arrives.
- Review leasing and broker recommendations and hold the team to the plan.
Work with the client and the account team
- Report on portfolio risk, opportunity and budget status to the Chief Growth Officer/Treasurer, and prepare the approval packages for strategy, budget and significant capital decisions.
- Partner with the client's Real Estate System Administrator and the JLL Account team so the system of record is accurate, complete and trusted, and report from it rather than from a personal spreadsheet.
- Work with property management on delivery against the approved plan, and with energy and procurement on operating cost and sourcing opportunities.
- Report directly to the Asset Management Services (Americas) team and indirectly to the Account Director, and keep both informed of client priorities, risks and escalations.
Experience
- Eight or more years in asset management, portfolio management or investment management for institutional or corporate real estate. Healthcare or medical office experience is strongly preferred.
- A record of preparing and presenting regular business plans, investment proformas, hold and sell analysis, and disposition strategy.
- Experience evaluating acquisitions and directing leasing and transaction activity with brokers and transaction teams.
- Experience working inside a client governance framework, including formal reporting and delegated authority.
Skills
- Fluency in asset-level financial modeling and valuation.
- A strong command of leasing economics, capital planning and disposition analysis.
- Comfort working from a shared data platform as the single source of truth.
- A professional qualification such as MRICS or CFA, or an equivalent, preferred.
How you work
- You back a recommendation with rigorous analysis, then own it in front of a client.
- You can direct colleagues in other disciplines without being their line manager.
- You turn complex analysis into a simple recommendation.
- You work with the One Team culture: collaborative, transparent, ethical and inclusive.
This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship.
Expected compensation for this position
Personalized benefits that support personal well-being and growth
JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits include:
- 401(k) plan with matching company contributions
- Comprehensive Medical, Dental & Vision Care
- Paid parental leave at 100% of salary
- Paid Time Off and Company Holidays
- Early access to earned wages through Daily Pay
At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing.
JLL Privacy Notice
California Residents only
Not included in the source posting: what you'll do.
Skills
Who can apply
The employer didn't state any visa, work authorization, citizenship or clearance requirements in this posting. Confirm with the employer before applying.
Read automatically from the employer's posting text. Always confirm with the employer — requirements can change after a job is published.