Senior Analyst - Asset Management

Overview

When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.

Responsibilities

As the Asset Manager with Hines, you will serve as the primary owner’s representative and single point of responsibility with respect to each asset for which she or he is responsible, and as such, will provide leadership with respect to the asset management of existing and future properties. Responsibilities include, but are not limited to: 

 

• Act as the key interface between an asset’s owner (and lender where applicable) and Hines senior Regional personnel. 
• Provide leadership and oversight for all aspects of selected existing properties’ performance.
• Develop short and long term strategies designed to maximize the value and tenant satisfaction of each asset.
• Monthly, quarterly and annual property reporting required by Owner, Lender and Region.
• Intercept and address day-to-day and mid-level issues; communicate high-level issues to owner and subsequently help owner address them.
• Create annual property valuation analyses for each asset. As part of this process, perform market analysis and develop leasing objectives, operating and financial budgets, and operating/capital/redevelopment project plans.
• Monitor property operating and financial performance to ensure established goals and objectives are being achieved. Discuss material variances with Accounting functions; determine key drivers creating variances and appropriate corrective action to be taken to mitigate negative variances or changes in market conditions.
• Manage the leasing activity of certain properties to include creating lease analyses, drafting proposals, negotiating economic/legal terms, and working closely with legal counsel in review of lease documents. Review and approve all applicable authorizations and lease documents prior to ownership execution.
• Manage the relationship with the actual tenants and potential ones. Focus on client relationship management.
• Review and approve pricing for capital/tenant improvement projects and contracting, then ensure that financial controls are in place during construction, including reserve draw procedures.
• Understand the current value and projected future performance of each asset; develop hold/sell recommendation in accordance with owner’s thesis for ownership. 
• Provide support for capital transactions, including refinancing and dispositions. Work with Acquisitions and Development functions performing due diligence functions and integrating newly-acquired or developed properties into the portfolio.
• Serve as a team member of various project teams as required to facilitate company needs.
• Act as a team member with all Hines employees.
• Comply with all Hines policies and procedures.

Qualifications

Minimum Requirements include: 

 

• Bachelor’s degree in business administration, technical background or equivalent from an accredited institution; Master’s degree preferred.
• Four or more years of experience in the commercial real estate industry, including at least three years of relevant asset or property management experience with responsibility for financial analysis, leasing/marketing activity oversight, and execution of strategic plans.
• Ability to work independently and needs a minimum oversight.
• Possess the highest degree of integrity.
• Excellent verbal and written communications skills.
• Excellent interpersonal skills.
• Ability to think creatively and contribute to project success.
• Ability to manage a variety of tasks within a tight time schedule.
• Ability to analyze real estate from a strategic point of view.
• Well organized with a strong attention to detail.
• Proficiency with Excel, Word and Powerpoint. Argus valuation software is valuable.

Closing

At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion¹ of assets across such property types as living, office, retail, mixed-use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.

 

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