Director, Asset Management
Brookfield Properties
Location
Scottsdale - 14648 N. Scottsdale Road, Suite 290
Business
At Brookfield Residential, a leading North American land developer and homebuilder for over 65 years, we have had one goal in mind – creating the best places to call home. From the development of award-winning, master-planned communities to the creation of well-designed homes, we are committed to cultivating exceptional life experiences for our customers, partners, employees, and members of the community.As part of Brookfield — one of the largest alternative asset managers in the world — we harness our resources to bring a fresh approach, unparalleled creativity, relentless innovation, and sound Sustainability practices to the planning, development, and management of buildings everywhere. From offices, retail spaces, and logistics facilities to multifamily residences, hospitality establishments, and mixed-use structures — we are reimagining real estate from the ground up.
If you're ready to be a part of our team, we encourage you to apply.
Job Description
Position Summary
The Asset Manager will be responsible for asset managing a portfolio of LandCo’s nationwide investments. The position is ideally suited for a highly motivated, detail oriented individual with a solid asset management / land development background. This individual should have the desire to be a part of a rapidly expanding program, and work within a team of other highly motivated individuals. This position will require significant travel. The individual will likely need to be located in Arizona.
Your Key Deliverables
+ Responsible for conducting, tracking and reporting of project development oversight post-closing
+ Conduct asset specific update meetings with builder and developer partners to monitor horizontal land development progress, budget tracking, lot takedowns and home sales
+ Complete property inspections periodically and as necessary to ensure acceptable progress tracking
+ Onboard new assets and partners into lot transaction and draw tracking systems and software
+ Assist in the due diligence and underwriting of potential transactions (analyze builder Pro Forma / budget, attend site visit, provide input on local market conditions, etc.)
+ Evaluate work progress to recommend approval of draw requests and funding disbursements
+ Analyze project financials and performance metrics to monitor asset risk
+ Contribute to monthly and quarterly portfolio reports for Investment Committee, Investors and Senior Management
+ Conduct market research and analysis to obtain local market knowledge of competitor offerings, positioning, location, and market supply and demand trends Problem solve project and portfolio level development issues through research and analysis
Must Haves
+ 10+ years of related experience in single-family asset management and / or residential land development, engineering or construction management
+ Bachelor’s degree (prefer real estate, business or finance)
+ High proficiency in MS Excel and other MS applications required
+ Understanding of housing markets, land-use planning and real estate financial modeling
+ Familiarity with zoning laws, housing regulations and public-private partnership models
+ Ability to manage multiple projects and deadlines; strong reporting skills with the ability to deliver clear, concise, and insightful analyses tailored to diverse audiences
+ Collaborate with stakeholders to build long-term partnerships, drive engagement and achieve project success
+ Ability and willingness to become Notary
+ Strong management skills, with an ability to work independently and multitask
+ Highly motivated, with a positive "can do" attitude
+ Ability to think like an owner in all decision making
+ Willingness to travel
Your Opportunity - US
We are proud to offer our employees what they value most:
+ Competitive compensation
+ Excellent extended medical, dental and vision benefits beginning day 1
+ 401(k) matching, vesting begins day 1
+ Career development programs
+ Charitable donation matching
+ Paid Volunteer Hours
+ Paid parental leave
+ Family planning assistance including IVF, surrogacy and adoptions options
+ Wellness and mental health resources
+ Pet insurance offering
+ A culture based on our values of Passion, Integrity and Community
#L1-KW1
#BRP
Brookfield Residentialparticipates in the E-Verify process (https://www.e-verify.gov/) to confirm the eligibility of candidates to work in the United States.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
At Brookfield Properties, our success starts with our people. People like you. We develop, operate, and manage more than 1100 properties and 395 million square feet of real estate across the globe. It’s a feat that wouldn’t be possible without our team, a diverse group of creative visionaries and innovative experts who are relentless in pursuit of one goal: to ensure our buildings don’t simply meet the needs of our tenants, residents, and communities — but exceed them, every day.
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