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Senior Asset Manager

Propel Recruitment LLC, San Mateo, CA, United States


Senior Asset Manager – Commercial Real Estate Location:

Peninsula, CA (100% Onsite)

About the Role

A well-established commercial real estate group, working in partnership with an external institutional client, is seeking a

hands-on Senior Asset Manager

to oversee a portfolio of commercial assets. This individual will drive strategic planning, budgeting, asset performance oversight, and long-term portfolio recommendations—including evaluating hold, develop, reposition, or disposition scenarios.

This is a highly visible,

Hands-On

client-facing role requiring strong communication skills, deep asset-level knowledge, and proficiency in financial modeling using

ARGUS .

Key Responsibilities Develop, maintain, and present

5-year strategic plans

for each commercial asset, outlining capital needs, risk factors, and value-creation pathways. Lead

annual budgeting , quarterly forecasts, and operational oversight for the portfolio. Conduct detailed

ARGUS and Excel modeling , including cash flows, valuations, lease-up scenarios, and sensitivity analyses. Provide actionable recommendations to the client regarding hold/sell decisions, redevelopment potential, repositioning opportunities, and market-driven changes. Oversee and monitor

leasing performance , tenant retention, TI/LC strategies, rent rolls, and competitive market conditions. Prepare and deliver

weekly client reports and presentations , communicating performance, risk, and strategic direction clearly and proactively. Support transaction processes and facilities managemeent needs Maintain a hands-on approach, ensuring accuracy of financials, assumptions, and supporting documentation across the portfolio.

Qualifications 5+ years of asset management experience

within commercial real estate (office, industrial, retail, flex, or mixed-use). ARGUS proficiency required Strong Excel modeling capabilities and financial analysis skills. Experience preparing and executing asset business plans and budgets Exceptional communication skills; must be comfortable engaging with institutional clients and presenting recommendations. Proactive, detail-oriented, and able to operate independently in a fast-paced environment. Bachelor's degree required Ability to work

100% onsite along the Peninsula .

What Success Looks Like Clear, data-supported asset strategies that enhance long-term value. Trusted advisory relationship with the client based on responsiveness, insight, and high-quality deliverables. Hands-on ownership of the assets—knowing the numbers, the tenants, the leases, and the opportunities.