Senior Vice President-Head Of Asset Management
New York, New York, Us
Senior Vice President-Head of Asset Management 2008-2012 • Portfolio consists of 25.3 million SF.• Asset management group responsibilities included: leasing, operations, property management, lease administration, property accounting, construction management and tenant relations.• Accountable for profitability and investment performance of portfolios with control over income statements capital expenditure.• Developed annual business plans establishing benchmarks parameters for leasing, capital, management and operating budgets. Created property overview reports, capturing essential property level components for each property. • Engaged internal management, finance, accounting, leasing, disposition, legal and operational teams to achieve objectives collaboratively. Aligned business plans with company financial objectives.• Insured properties alignment with market conditions: leasing rates, concessions, operating expenses, taxes, vacancy, marketing and staffing. Determined appropriate property standards for improvements and management. • Engaged external management company (JLL) and integrated into the company model. Directed and oversaw internal and external leasing agents and property managers.• Furthered relationships with major tenants to develop new partnership opportunities and assisted in resolving disputes. Resolved lease audits, billing issues, compliance issues, disputes and arrears. Oversaw the production and redevelopment of internal systems; monthly/quarterly/annual reports, tax appeals process and tracking, arrears management and audit resolution• Identified sale, JV and redevelopment opportunity within portfolio. Analyzed alternatives with supporting data, presented, gained approval and deployed plan.