Job Title
Director, Asset Management
Job Description Summary
We are hiring a Director of Real Estate Asset Management to assist with the strategy, performance, and value creation for our nationwide portfolio of third-party managed real estate assets, and to help grow our asset management business. You will own asset-level business plans from acquisition through disposition, asset consulting assignments, and play a visible role in winning new asset management mandates.
Title Director, Real Estate Asset Management
Location New York, NY; portfolio assets located across the United States
Reports to Patrick O’Reilly, Senior Managing Director
Portfolio Make-up All major asset classes
Travel 20%
Base salary $170,000 (Target – 35%)
Job Description
Key Responsibilities
Portfolio strategy and performance
- Develop and execute asset-level business plans, hold/sell analyses, and capital strategies that maximize NOI, cash flow, and total return across U.S. markets
- Oversee budgets, reforecasts, and variance reporting; present portfolio performance to senior leadership, and investors
- Identify and act on repositioning, redevelopment, refinancing, and disposition opportunities
- Lead consulting and property/portfolio due diligence assignments
Business development and growth
- Help grow the asset management business by identifying, pursuing, and winning new client mandates and portfolios
- Participate in pitches, RFP responses, and finalist presentations, representing the firm’s asset management capabilities and track record
- Build and maintain relationships with institutional investors, owners, lenders, and referral partners to generate new opportunities
- Contribute to proposals, fee structures, onboarding plans, and transition strategies for new assignments
Leasing and operations
- Direct leasing strategy, including pricing, tenant retention, and approval of major lease terms and concessions
- Manage property management and leasing brokers, holding third-party partners to clear performance standards
- Oversee capital projects, tenant improvements, and construction budgets in partnership with development and construction teams
Finance and risk
- Partner with capital markets and finance on debt management, covenant compliance, and lender relationships
- Monitor market trends, tenant credit, insurance, and regulatory exposure across the markets where we own or manage assets
- Support acquisitions and underwriting with operational insight and post-closing transition planning
Leadership
- Lead, coach, and develop a team of asset managers and analysts; set priorities, goals, and standards
- Build strong relationships with investors, tenants, brokers, and local stakeholders in each market
- Improve reporting, systems, and processes across the asset management function
Qualifications
Required
- 10+ years of real estate asset management, investment, or related experience, including 3+ years managing people
- Proven track record managing large commercial or multifamily assets across multiple U.S. markets through leasing, repositioning, and capital events
- Experience contributing to business development, including client pitches, proposals, or capital-raising presentations
- Advanced financial modeling skills (Excel and Argus or similar), with strong command of underwriting, budgeting, and returns analysis
- Working knowledge of lease structures, debt and equity structures, and regulatory requirements across multiple jurisdictions
- Bachelor’s degree in real estate, finance, business, or a related field
Preferred
- Master’s degree or MBA (e.g., MSRE, MBA with a real estate focus)
- Experience with institutional investors, JV partners, or fund reporting
- Familiarity with property and portfolio management software (e.g., Argus, Yardi)
What you bring
- Sound judgment on complex, high-stakes asset decisions
- Polished, persuasive communication with executives, investors, prospective clients, and tenants
- A coaching style that builds strong, accountable teams
Compensation and Benefits
The base salary for this role is $170,000, with 35% bonus.
Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 144,500.00 - $170,000.00
Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email Accommodations@cushwake.com. Please refer to the job title and job location when you contact us.
INCO: “Cushman & Wakefield”
