Are you a commercial real estate professional eager to learn the art of deal making, negotiation and interaction with potential buyers? If so, an opening for a dispositions associate at a respected Morristown, N.J., firm with nearly a century of cycle-tested experience in 25 states could offer the perfect inroad for career advancement.
This hands-on person will assist the disposition manager with functions related to the disposition of commercial real estate, including: formulating strategies for assets’ exit, market analysis, negotiations and coordinating execution of marketing plans. He or she will assist in preparation of disposition plans for a diverse mix of industrial, retail and office properties, primarily in Northeast suburban markets. In addition to executing disposition plans for individual assets, this professional will also help manage external brokerage teams and marketing efforts. In supporting this process, the dispositions associate will also perform due diligence related tasks, review proformas, scrutinize investment projections and assess financial waterfall calculations. Collaboration within the firm will include work with the executive vice president of capital markets and the portfolio manager, as well as external investment partners, leasing agents and attorneys. Other duties will encompass various reporting, hold/sell analyses and collaboration with other internal teams on issues such as budgeting, expense monitoring and operations prior to positioning a property for a disposition.
Candidates should bring two to four years of relevant experience in asset management, analysis or transaction-related positions in commercial real estate. The firm is also looking for basic knowledge of Argus, strong Excel skills and a bachelor’s degree. Strong working knowledge of relevant real estate concepts should include an eye for marketplace opportunities and analysis. Additionally, robust communication skills are a must.
Christopher Frederick Search Consultants, a trusted national executive search firm, has been retained to help this respected name in commercial real estate find the next member of its team. If you feel your talent and experience would make a good fit, contact firm principal Chris Hingle at (713) 961-5582, email him at chingle@chrisfred.com or visit www.chrisfred.com.