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Open nowPosted 4 hours ago

Senior Asset Manager

Trigild6 open roles

Pay
$184,600 – $276,900 a year
Where
New York, NY
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Your applicationOpen nowSenior Asset ManagerTrigild · New York, NY

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The clock on this job

Early applications get read.

13.9% of postings close within 7 days. Measured by our own scanner across the market. Trigild postings stay open a median of 78 days.

Share of postings closed within
  1. 2.2%1 day
  2. 4.7%3 days
  3. 13.9%7 days
  4. 22.4%14 days
  5. 38.1%30 days
  6. 59.0%60 days
This job: posted 4 hours ago

Trigild median: 78 days open

The posting

As Senior Asset Manager in LPC's Asset Management practice, you will manage the financial and operational performance of a portfolio of distressed assets under receivership, producing court-compliant reporting and executing value-preservation plans.

Essential Duties and Responsibilities

  • Manage the financial and operational performance of assigned distressed assets to preserve and maximize value under court supervision.
  • Monitor income and expenses, track variances, and ensure assets operate within court-approved budgets.
  • Prepare monthly operating reports, reforecasts, and reporting inputs required by the receiver and the court.
  • Oversee rent collection, AR management, lease administration, and tenant relations.
  • Coordinate maintenance, capital projects, insurance, and vendor performance across the portfolio.
  • Support forensic accounting and reconstruction of prior ownership financial records.
  • Assist disposition efforts with valuation support, due diligence, and reporting.
  • Mentor and review the work of Asset Managers and analysts.
  • Perform other duties and responsibilities as assigned.

Qualifications

  • Bachelor's degree (BA/BS) preferred with 5+ years of commercial real estate asset or property management experience. In lieu of a degree, a combination of experience and education will be considered.
  • Experience with distressed or receivership assets preferred.
  • Real Estate License required where mandatory by local regulation. CPM or RPA designation or candidacy preferred.
  • Advanced skills with Microsoft Excel; knowledge of Yardi or MRI and Kardin preferred. Working knowledge of leases, contracts, and financial reporting.
  • Advanced knowledge of financial terms and principles; ability to forecast outcomes, prepare budgets, and deliver insightful variance reports.
  • Excellent written and verbal communication skills; ability to clearly convey complex topics and lead exchange of sensitive information.
  • Demonstrated leadership potential or experience; proven collaborative contributions within a high-functioning team.
  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Physical Requirements

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Requires periodic inspection of assigned distressed assets. Travel to assigned assets as required.

#IND123

Pay Range

$184,600—$276,900 USD

Over its 40 year history, Trigild has managed and operated hundreds of commercial properties.

Trigild has expertise in managing a wide array of commercial real estate assets and operating businesses. Trigild leverages its expertise in property management, receivership, fiduciary, operations, consulting, and disposition services under one roof – for maximum service and value. Visit www.Trigild.com.

Our portfolio includes Hotels, Multifamily Complexes, Office Buildings and Hospitality Properties (including restaurants, golf courses, amusement parks).

Additionally, Trigild is the nationally recognized authority on non-performing commercial loans that combines Receivership/Trustee, Management and Disposition services under one roof. That means no coordinating multiple companies, and no duplication of fees. We have the expertise to quickly take control of the assets, maximize operating results, and speed recovery by selling the assets quickly through our national network of industry contacts. .

Whether you are looking for commercial management services or a new level of performance on commercial loan recovery, Trigild can maximize value.

All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.

Trigild does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Trigild to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Trigild will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.

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