CAREERS

Position Title: Associate Asset Manager
Reports To: President and VP of Finance
FLSA Status: Exempt, Full-Time

Summary

The Associate Asset Manager is responsible for supporting asset performance across MCRES’s commercial property portfolio, assisting in the execution of asset-level strategies, tracking operating performance, and supporting portfolio objectives. This position works closely with internal teams, clients, leasing partners, and third-party stakeholders to help evaluate investment performance, support business plans, track capital projects, and assist with leasing, budgeting, and reporting needs.
In addition to asset management support, this position assists Meissner’s client services efforts by helping identify, research, and track prospective opportunities, and by supporting relationship management across MCRES service lines.

Essential Duties & Responsibilities:

ASSET MANAGEMENT

• Support the annual business planning process for existing commercial assets and the development portfolio.
• Assist in evaluating assets for hold/improve/sell recommendations by gathering data on asset condition, capital needs, leasing forecasts, market conditions, and financial projections.
• Support the finance team and development consultants on capital improvement initiatives by helping analyze property characteristics, coordinating with architects and contractors, and assisting with budget and proforma preparation.
• Help prepare asset management reports for senior management and clients.
• Participate in periodic site tours of portfolio assets to evaluate tenant experience, curb appeal, and operational opportunities, and help translate observations into action items.

LEASING & MARKET DATA

• Assist in coordinating with third-party leasing brokers and tracking leasing activity against each property’s leasing plan.
• Help evaluate the economics of prospective leases to support financial goals for new and renewal leases.
• Track market data — competition, rental and NNN rates, occupancy and absorption — to support broker and leasing decisions.
• Prepare financial analysis in support of proposed transactions and assist in assembling lease packages for senior management review.
• Track upcoming lease expirations and help coordinate tenant renewal outreach.
• Assist in ensuring executed lease packages are complete and properly transitioned to property and construction management teams.

PROJECT MANAGEMENT

• Support the Construction Manager on tenant improvement, capital improvement, and property renovation projects across assigned assets.
• Track project budgets, schedules, and scopes of work, and assist in coordinating bidding, estimating, and permitting activity.
• Assist in gathering and organizing contractor and vendor documentation, including proposals, change orders, invoices, and lien releases.
• Coordinate with the Construction Manager, property management teams, and vendors to keep capital projects aligned with asset business plans and budgets.

CLIENT RELATIONS

• Assist in researching prospective clients, properties, ownership, and portfolios to help evaluate new business opportunities.
• Help cultivate relationships with existing clients, prospective clients, referral sources, and industry contacts.
• Assist in preparing and coordinating proposals, presentations, engagement letters, and related materials for MCRES service lines.
• Assemble scopes, pricing, staffing, references, and property information needed to support proposals.
• Maintain and update client and opportunity information in the CRM database and help keep the pipeline current, reporting up to Executive Leadership.

FINANCIAL ANALYSIS

• Support the VP of Finance in evaluating proposed debt and equity capital for existing assets and prospective opportunities.
• Assist in coordinating recurring reporting and meetings with clients.
• Forecast cash flows and cash positions for each property, flagging future capital needs.
• Support the Accounting and Finance team in reviewing loan terms and documents.

ACQUISITIONS & DISPOSITIONS

• Support the Director of Acquisitions and Dispositions in executing company and client transactions.
• Assist with acquisition due diligence, including gathering and evaluating leasing and underwriting assumptions.
• Prepare marketing and due diligence materials for dispositions.

Education, Experience & Skills:

• Bachelor’s degree in business, finance, economics, accounting, or real estate.
• 5 years of experience in asset management, leasing, or real estate finance.
• Exposure to entitlement processes or working with municipalities and consultants a plus.
• California Real Estate Salesperson’s License preferred, or willingness to obtain.
• Strong analytical, research, and organizational skills with attention to detail.
• Effective written and verbal communication skills and a collaborative, team-first mindset.
• Ability to take direction from multiple members of Executive Leadership, prioritize assignments, and follow through to completion.
• Professional judgment and discretion when handling confidential client, financial, and Company information.
• Proficiency with Argus and/or Yardi required; CRM experience a plus.
• COLLABORATIVE WORK ENVIRONMENT; INDEPENDENT WORKER

Performance Standards:

• Integrity: Demonstrate honesty, professionalism, sound judgment, confidentiality, and accountability in all interactions with clients, prospects, employees, and Executive Leadership.
• Excellence: Produce accurate, timely, and professional work; maintain strong attention to detail; and consistently follow assets, leases, and assignments through completion.
• Personal Growth: Demonstrate initiative, accept direction and feedback, develop knowledge of MCRES services and the commercial real estate industry, and continually improve asset management and business development skills.
• Teamwork: Work collaboratively with Executive Leadership and departments across the Company, communicate effectively, and contribute to shared portfolio and Company goals.
• Take ownership of assigned assets, leases, proposals, and deadlines through completion.
• Maintain accurate and current CRM records, pipeline information, and reporting.
• Communicate professionally and promptly with clients, brokers, and internal team members, and escalate issues when appropriate.
• Effectively prioritize multiple assignments and changing deadlines without sacrificing accuracy or follow-through.
• Maintain regular and punctual attendance and comply with Company policies and procedures.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and use hands to finger, handle, or feel. The employee is frequently required to stoop, kneel, crouch, or crawl and talk or hear. The employee is occasionally required to stand and walk. The employee must be able to occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.

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