Director of Asset Management
marketstreet enterprisesDearing, KS
Director of Asset Management
marketstreet enterprisesDearing, KSManager L7
Nonresidential Property ManagersPortfolio Management and Investment AdviceOther Activities Related to Real Estate
In order to be considered for this position, please take this survey (there's no right or wrong answers, it helps us understand your work style and should only take ~10 minutes):Position Overview MarketStreet Enterprises is seeking a Director of Asset Management to oversee the performance, value, and long-term strategy of the company's portfolio in Nashville and the Gulch: a placemaking-driven, mixed-use destination. This role is built for someone who thrives on juggling multiple properties, budgets, and third-party relationships at once. This role covers the existing portfolio, partnering with the Development team on new projects and leading renovation and capital improvement efforts. The ideal candidate is process-driven, detail-oriented, and brings strong asset management experience along with strong financial skills.
Key Responsibilities:
- The Director of Asset Management works closely with the President, and various other Directors to protect and grow the value of MarketStreet's portfolio, while overseeing the third-party partners who manage day-to-day property operations.
- Develop and execute annual asset plans and budgets to drive long-term value across the portfolio
- Monitor NOI, budget variances, and CAM reconciliations to protect margins and keep each asset on track
- Oversee and evaluate third-party providers (property management, leasing, parking, multifamily, and short-term rentals) to ensure consistent, high-quality operations
- Identify and prioritize capital improvement and renovation projects, evaluate ROI, and oversee execution with Construction and Development
- Partner with Development to transition new construction into the stabilized portfolio
- Negotiate and execute retail and office leases, guided by Marketing's merchandising strategy
- Partner with Finance on refinancing, disposition, and repositioning analysis
- Lead and develop the asset management team, building a culture of accountability, collaboration, and continuous growth.
- Prepare regular performance reports for the President and ownership to give clear visibility into results and risk
Qualifications:
- Bachelor's degree in Real Estate, Finance, Business, or a related field (Master's degree a plus)7+ years of experience in commercial real estate asset management, ideally spanning retail, office, and mixed-use properties
- Strong understanding of NOI, CAM reconciliations, and property-level financial analysis
- Experience negotiating leases and overseeing third-party property management or vendor relationships
- Proficiency with Excel; familiarity with Argus, Yardi, and Microsoft Office Suite
- Working knowledge of loan covenants, lender reporting, and capital markets processes
- Excellent analytical, organizational, and communication skills
- Preferred Attributes
- Experience with urban, mixed-use, or high-density retail/office portfolios
- Familiarity with the Nashville market
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Level
Manager L7
Location
Dearing, KS
Occupation
Property, Real Estate, and Community Association Managers
Industry
Nonresidential Property Managers
Posted
today