Asset Management - Vice President
Company: Stockbridge Capital Group
Location: San Francisco
Posted on: May 24, 2025
Job Description:
Stockbridge San Francisco Office, San Francisco, California,
United States of AmericaJob DescriptionPosted Monday, December 9,
2024 at 8:00 AMVice President, Multifamily Asset
ManagementStockbridgeis a real estate investment management firm
led by seasoned senior professionals averaging 25+ years of real
estate industry experience. The firm was founded in 2003 and
manages real estate equity investments across the risk spectrum
within a variety of investment structures on behalf of U.S. and
foreign institutional investors.Stockbridgehas approximately$33.6
billionof assets under management spanning all major real estate
property types, and certain specialty property types with an
emphasis on residential and industrial space throughoutthe United
States. The firm has offices inSan Francisco,Atlanta, Chicago,
Denver, Dallas, and Phoenix .Opportunity and Position Summary:This
role is part of the Core and Value-Add ("CVA") platform, which
includes both funds and separate accounts with asset strategies
ranging from core to value-add to ground-up development. As a
multifamily specialist, the Vice President will directly oversee a
portfolio of assets across the West Coast, including: the Bay Area,
Los Angeles, Seattle, Phoenix and Denver. Additional markets may be
added as the portfolio is projected to grow. The ideal candidate
will enjoy autonomy while working in a collaborative environment.
An analyst/associate will support the Vice President on all assets.
The role requires both qualitative and quantitative skills,
including strong analytics, critical thinking, and
communication.Primary Duties and Responsibilities:
- Directly responsible for a portfolio of institutional-quality
multifamily properties held by commingled funds and separate
account clients.
- Prepare and execute strategic annual business plans and ongoing
appraisal projections for core, value-add and development
properties.
- Oversee property management teams, and perform regular site
visits and market tours.
- Provide input on potential acquisitions, including review of
financial and operational assumptions.
- Assist portfolio manager and capital markets team to position
assets for sale and throughout the disposition process.
- Work with joint venture partners, understanding rights, JV
docs, structure, and portfolio strategy.
- Review draw requests and oversee development assets through
third-party lease-up and stabilization, working closely with
Stockbridge's development team and consultants.
- For mixed-use assets, evaluate leasing opportunities and manage
construction buildout.
- Collaborate with multifamily team and other asset managers
across Stockbridge offices.
- Manage and develop a team of analysts and associates.Skills and
Competencies:
- All candidates must have a BA or BS degree from an accredited
institution, preferably in real estate, finance, business,
accounting, economics or related area. Must have strong academic
credentials.
- Candidates should have 7-10+ years of direct real estate
industry experience including specific multi-family asset
management experience.
- Experience in managing development deals a strong plus.
- Computer proficiency with a strong working knowledge of
Microsoft Excel, PowerPoint, Outlook and Word as well as Adobe
Acrobat.
- Strong writing skills as well as verbal
interpersonal/communication skills.
- Strong quantitative skills and demonstrated analytical and
problem-solving ability.
- Strong organizational skills and attention to detail including
an editing eye, with the ability to prioritize and manage multiple
projects simultaneously.
- Strong negotiating skills with the ability to navigate nuance
and complexity.
- Ability to function both in a team-oriented setting, and
independently.
- Strong sense of personal motivation, accountability,
responsibility, and entrepreneurship.
- Experience communicating with clients, joint venture partners,
construction consultants, brokers, legal and risk management
professionals.Travel:Travel required for property visits and market
tours.Compensation:Competitive. The base pay scale for this
position is $200,000 to $225,000 annually. Stockbridge's base pay
scale depends on geographic location, business line, years of
experience, and other qualifications of the successful candidate.
The base pay scale is accurate as of the date of this posting.
Stockbridge reserves the right to modify this information at any
time, subject to applicable law.Stockbridge San Francisco Office,
San Francisco, California, United States of America
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Keywords: Stockbridge Capital Group, Petaluma , Asset Management - Vice President, Executive , San Francisco, California
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