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!