SVP, Asset Management & Development
American Real Estate Partners, Mc Lean, VA, United States
SVP, Asset Management & Development
Headquartered in the Greater Washington area, American Real Estate Partners (AREP) is a US-based leading institutional fund manager and real estate partner with over $13 billion deployed across key U.S. markets. Specializing in data center, residential, industrial, and office assets, AREP has acquired more than 34 million square feet of Class A real estate and currently manages over 25 million square feet. PowerHouse Data Centers, a wholly owned division of AREP, is a developer and owner of next-generation data centers and provides technical real estate solutions for hyperscalers across the country. Backed by strategic joint venture partnerships, PowerHouse leverages its proven leadership and best-in-class technical expertise to deliver innovative real estate solutions. Position Summary
The Senior Vice President, Asset Management & Development is responsible for the strategic financial, operational, and implementation oversight of comprehensive value-add transactions across the AREP/Powerhouse Data Center portfolio. This directly supports the Managing Director of Asset Management to drive investment strategy, business plan execution, and portfolio performance. This position reports to the Managing Director, Asset Management. It is based at our McLean, VA headquarters and has an in-office schedule. The SVP will manage one direct report and serve as a mentor to Associates and Senior Associates within the Asset Management team. Primary Responsibilities
Track, analyze, and present return performance against underwriting for investment strategy decision-making. Possess and maintain an up to date understanding of the data center market landscape and the trends impacting it with regards to fiber, water, power & entitlements. Manage the execution of the business plan, including working with the Construction and Development Teams in the procurement of power, water, and fiber for data center developments, including the execution of the required Oversee and quality control the completion of complex financial analysis modeling for assets within the manager's portfolio, including the development budgeting process, mid-year reforecasts, quarterly cash flows, and ad hoc property-level sensitivities for prospective leasing, recapitalizations, refinancings, and dispositions. Lead the due diligence process during the disposition or refinance of assets including informational and analytic requests from brokers, prospective buyers, and lenders. Manage the Leasing process with the Leasing Team and Legal Counsel. Participate in regular operations, leasing, and market discussions with construction and development teams to ensure cross-functional alignment and on-time, on-budget project Operate as a mentor to Associates and Senior Associates on the team, cultivating analytical excellence, professional growth, and a culture of accountability. Key Qualifications & Competencies:
Bachelor's Degree in math, real estate, business finance, economics, political science, or related areas, or additional relevant working experience in lieu of degree. 10+ years of work experience in commercial real estate development, asset management, or the data center industry. Demonstrated leadership at a senior level. Strong technical skills across the Microsoft Office suite, with advanced Excel proficiency and demonstrated experience in financial modeling required; Candidates with Yardi experience are strongly encouraged to apply. Demonstrated ability to manage and coordinate across Construction, Development, Accounting, Legal, and Property Management teams in a fast-paced, entrepreneurial Excellent written communication, verbal, and analytical skills necessary to communicate with internal and external partners and think through business plan strategies. Strong time management skills, attention to detail and commitment to excellence. AREP offers a competitive benefits package that includes medical, dental, and vision coverage for you and your eligible family members, a Flexible Spending Account (FSA), life and supplemental life insurance and short and long-term disability insurance. Our package includes Paid Time Off, Parental Leave, 401(k) plan with employer match, Employee Assistance Program and Employee Discount Program. AREP is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or ancestry, physical or mental disability, as well as any other category protected by applicable federal, state, or local laws. If you require special accommodation, please email HR@americanrepartners.com. AREP does not accept unsolicited resumes or identifiable candidate information from third-party recruiters. Any unsolicited information will not be considered for engagement purposes.
Headquartered in the Greater Washington area, American Real Estate Partners (AREP) is a US-based leading institutional fund manager and real estate partner with over $13 billion deployed across key U.S. markets. Specializing in data center, residential, industrial, and office assets, AREP has acquired more than 34 million square feet of Class A real estate and currently manages over 25 million square feet. PowerHouse Data Centers, a wholly owned division of AREP, is a developer and owner of next-generation data centers and provides technical real estate solutions for hyperscalers across the country. Backed by strategic joint venture partnerships, PowerHouse leverages its proven leadership and best-in-class technical expertise to deliver innovative real estate solutions. Position Summary
The Senior Vice President, Asset Management & Development is responsible for the strategic financial, operational, and implementation oversight of comprehensive value-add transactions across the AREP/Powerhouse Data Center portfolio. This directly supports the Managing Director of Asset Management to drive investment strategy, business plan execution, and portfolio performance. This position reports to the Managing Director, Asset Management. It is based at our McLean, VA headquarters and has an in-office schedule. The SVP will manage one direct report and serve as a mentor to Associates and Senior Associates within the Asset Management team. Primary Responsibilities
Track, analyze, and present return performance against underwriting for investment strategy decision-making. Possess and maintain an up to date understanding of the data center market landscape and the trends impacting it with regards to fiber, water, power & entitlements. Manage the execution of the business plan, including working with the Construction and Development Teams in the procurement of power, water, and fiber for data center developments, including the execution of the required Oversee and quality control the completion of complex financial analysis modeling for assets within the manager's portfolio, including the development budgeting process, mid-year reforecasts, quarterly cash flows, and ad hoc property-level sensitivities for prospective leasing, recapitalizations, refinancings, and dispositions. Lead the due diligence process during the disposition or refinance of assets including informational and analytic requests from brokers, prospective buyers, and lenders. Manage the Leasing process with the Leasing Team and Legal Counsel. Participate in regular operations, leasing, and market discussions with construction and development teams to ensure cross-functional alignment and on-time, on-budget project Operate as a mentor to Associates and Senior Associates on the team, cultivating analytical excellence, professional growth, and a culture of accountability. Key Qualifications & Competencies:
Bachelor's Degree in math, real estate, business finance, economics, political science, or related areas, or additional relevant working experience in lieu of degree. 10+ years of work experience in commercial real estate development, asset management, or the data center industry. Demonstrated leadership at a senior level. Strong technical skills across the Microsoft Office suite, with advanced Excel proficiency and demonstrated experience in financial modeling required; Candidates with Yardi experience are strongly encouraged to apply. Demonstrated ability to manage and coordinate across Construction, Development, Accounting, Legal, and Property Management teams in a fast-paced, entrepreneurial Excellent written communication, verbal, and analytical skills necessary to communicate with internal and external partners and think through business plan strategies. Strong time management skills, attention to detail and commitment to excellence. AREP offers a competitive benefits package that includes medical, dental, and vision coverage for you and your eligible family members, a Flexible Spending Account (FSA), life and supplemental life insurance and short and long-term disability insurance. Our package includes Paid Time Off, Parental Leave, 401(k) plan with employer match, Employee Assistance Program and Employee Discount Program. AREP is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or ancestry, physical or mental disability, as well as any other category protected by applicable federal, state, or local laws. If you require special accommodation, please email HR@americanrepartners.com. AREP does not accept unsolicited resumes or identifiable candidate information from third-party recruiters. Any unsolicited information will not be considered for engagement purposes.