Property Acquistions & Asset Assistant - Lakeside Investment Company
East Bay/Bay Area
Lakeside /
Full-time /
On-site
Calling all superstars! We are looking for a scrappy self-starter to join our small and nimble team! We are a successful real estate investment company, focused on multi-family, mixed-use, retail, and office assets.
Lakeside Investment Company is a top commercial real estate investor group in the San Francisco – Bay Area specializing in multi-family, office, retail, and industrial properties. We seek a high-energy Property Acquistions & Asset Assistant for our growing team.
The ideal candidate for this role will ideally possess an undergraduate degree in business, real estate or finance.
Position Overview: We are looking for a dynamic, friendly and hardworking Property Acquistions & Asset Assistant to join our team. The resourceful Property Acquistions & Asset Assistant will assist the Property Acquisitions & Asset Manager with asset management plans, property management and tenant improvement coordination, leasing evaluation, asset and capital improvement budgeting, reviewing financial analysis related to acquisitions, dispositions, and investor/owner communications for a company-wide portfolio of multi-family, shopping centers, offices and mixed-use properties.
JOB RESPONSIBILITIES:
- Assist in the physical operation and maintenance of the entire company portfolio by responding in a timely, thorough and concise manner to questions and requests from both internal and external sources.
- Help monitor and discuss with senior management each property in depth, and interface with ownership.
- Follow up to make sure revenues are timely collected and payments are properly processed by the in-house accounting team; research and improve systems to ensure and enhance current collections and operations.
- Communicate with on-site managers and third-party property management companies.
- Assist accounting team in maintaining updated rent rolls and CAM reconciliations.
- Organize and maintain vendor, accounting and third-party management contracts and other legal documents related to the portfolio.
- Collect monthly financial reports for the portfolio for review.
- Assist with presentations of property information to ownerships quarterly.
- Prepare for review annual operating budgets and income projections, including analysis of monthly expenses, cost allocations and operational efficiencies.
- Visit properties to inspect their condition, provide direction to general contractors performing tenant build-outs, and gauge adherence to lease and company standards.
- Monitor critical dates in the lease portfolio (rent commencements, expirations, renewals, etc.).
- Ensure that high standards for leasing, property performance, operations, and property management are understood and maintained by relevant parties.
- Assist in overall Capital Improvement Plan through the direction of the project cycle, budget, contracting and finances with a multi-year property improvement schedule.
- Work side by side with asset manager on high-level issues /disputes with tenants, vendors, and contractors, working with third-party property managers and outside legal counsel.
- Other asset related duties, as assigned.
- Local travel required.
- REPORTS TO: President of Lakeside Investment Company and Managing Member.
QUALIFICATIONS AND ESSENTIAL JOB FUNCTIONS:
- Bachelor’s degree.
- Minimum 2 years of retail or other commercial real estate asset experience.
- Strong customer service skills.
- Leasing experience preferred.
- Resourceful and research minded.
- Ability to be proactive and multitask among various projects and assets with an organized, methodical system.
- Team player.
- Strong analytical skills with high attention to detail and accuracy.
- Good organizational, time management and prioritizing skills.
- Excellent verbal, written and interpersonal communication skills to maintain a professional demeanor.
- Ability to work independently and on a team in a fast-paced environment.
- Possess ownership of position.
- Computer Proficient.
Lakeside Investment Company provides eligible employees with a variety of benefit programs, including health insurance, vision insurance, dental insurance, and paid time off. In addition to a comprehensive benefits package, Lakeside Investment Company provides competitive pay and ample opportunities for career growth and advancement. This is a full-time, Monday to Friday position.
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Lakeside Investment Company is a private real estate investment company engaged in the acquisition, ownership, and management of investment properties in the San Francisco Bay Area.
Our team has a successful track record in real estate investment, brokerage, and finance since 1998, with the experience of thousands of transactions worth >$2 Billion spanning all major property types.
If you're interested, we'd love to hear from you!