Real Estate Asset Manager (Annapolis, MD)

ESSENTIAL RESPONSIBILITIES AND DUTIES

Summary/Objective:

The Real Estate Asset Manager is responsible for overseeing the company’s portfolio of real estate assets to ensure optimal performance, compliance, and long-term value creation. This position provides strategic, financial, and operational oversight to maximize returns, support company growth, and maintain strong tenant and vendor relationships.

Essential Functions:

• Manage a diverse portfolio of industrial and commercial real estate assets.
• Monitor property performance, occupancy levels, and market trends.
• Develop strategies for asset repositioning, acquisitions, and dispositions.
• Oversee lease negotiations, renewals, and revenue-optimization initiatives.
• Maintain strong tenant relationships and resolve escalated issues.
• Manage insurance compliance and risk mitigation strategies.
• Oversee real estate tax appeals related to assessment increases.
• Supervise third-party property management firms and service providers.
• Negotiate vendor contracts for maintenance, repair, and capital improvement projects.
• Recommend capital improvements and cost-optimization initiatives.
• Assist in preparation and analysis of property-level operating budgets.
• Track key performance metrics and financial indicators for each property.
• Provide regular asset performance reports to senior leadership.
• Present market analyses, financial insights, and strategic recommendations.
• Prepare various reports using spreadsheets, databases, and presentation software.
• Coordinate and complete special projects as required.
• Other duties as assigned.

JOB SPECIFICATIONS

Work Environment:

• Work time will be primarily indoors/office with some time outdoors/on-site at properties.
• Noise level will be low to moderate depending on location.

Physical Demands:

• May lift or carry up to 10 lbs. on occasion.
• Sit approximately 7 hours per day and walk or stand the other 1 hour per day.
• Periodic on-site property visits are required.

ADDITIONAL QUALIFICATIONS

Experience:

• 5+ years of experience in real estate asset management (required).
• Experience with industrial or commercial properties preferred.

Special Skills:

• Strong written and verbal communication skills.
• Ability to analyze financial statements, budgets, and market data.
• Strong negotiation and relationship-management skills.
• Proficiency in Microsoft Office (Excel emphasized).
• Ability to use CRM, property management, or asset management software.
• Excellent organizational skills.
• Ability to identify and resolve problems in a timely manner.
• Ability to maintain confidentiality.

Certifications:

• Valid Driver’s License.

Industry Related Experience or Skills:

• Understanding of real estate valuation, lease structures, and property operations.

Education Required:

• Bachelor’s degree in real estate, Finance, Business, or related field.

Preferred Education: N/A

Bilingual in Spanish Preferred: No