Senior Asset Manager
Propel Recruitment LLC - Redwood City, CA
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Senior Asset Manager - Commercial Real EstateLocation: 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.
Created: 2026-03-10