Director Asset Management
MHW Search, Houston, TX, United States
Overview
MHW Search has exclusively partnered with a well-established Real Estate Private Equity firm that focuses on Industrial across the US. We are seeking a Director of Asset Management. The Director of Asset Management is responsible for overseeing the financial and operational performance of a national industrial real estate portfolio totaling approximately 17 million square feet. This role leads asset-level strategy execution, drives value creation initiatives, and partners closely with leasing, property management, capital markets, and senior leadership. The position requires deep industrial real estate experience and a proven ability to manage portfolios across multiple markets.
Key Responsibilities
- Lead asset-level business planning and execution across a diversified national industrial portfolio.
- Oversee property performance including NOI growth, occupancy, leasing velocity, capital deployment, and operating efficiency.
- Partner with leasing teams on rent strategy, lease negotiations, rollover management, and market positioning.
- Manage annual budgets, forecasts, and variance analysis; ensure alignment with portfolio objectives and investment assumptions.
- Evaluate and execute value-creation initiatives including capital projects, operational improvements, and expense optimization.
- Monitor performance relative to underwriting, business plans, and market benchmarks; present actionable recommendations to senior leadership.
- Oversee third-party property management and ensure consistent execution, reporting, and compliance across markets.
- Support refinancing, recapitalization, and disposition activity through financial analysis, due diligence coordination, and execution oversight.
- Prepare and review asset and portfolio reporting for internal stakeholders and capital partners.
- Conduct regular market and property visits to assess performance, validate assumptions, and identify risks and opportunities.
- Mentor and develop junior asset management team members, providing oversight and strategic guidance.
Qualifications
- Bachelor’s degree in Finance, Real Estate, Business, or a related field; advanced degree a plus.
- 5–10 years of experience in commercial real estate asset management with direct industrial portfolio responsibility.
- Demonstrated experience managing multi-market industrial assets at scale.
- Strong understanding of industrial leasing dynamics, operating structures, and capital planning.
- Advanced financial acumen, including budgeting, forecasting, and return analysis.
- Proven ability to partner cross-functionally with leasing, capital markets, and property management teams.
- Strong communication and presentation skills with experience interfacing with senior leadership and investors.
- Highly organized, results-oriented, and comfortable operating in a fast-paced, growth environment.