Real estate asset managers leads a team of analysts and colleagues to optimize the company’s handling real estate assets. They work extensively with property management and residential development personnel on all issues related to their organization's assets. Generally speaking, this position is considered a supervisory job with staff underneath the manager that require training and guidance. Day-to-day tasks consist of meetings about strategies, planning for future projects, and assessment of current properties. Regular communication with lawyers, managers, architects, brokers, construction foremen, and others is required in this role.
Real Estate Asset Manager Tasks
Manage real estate assets held in trusts, estates, and agency accounts.
Locate prospective sites, negotiate contracts, provide lease abstracts and develop a proposed budget for real estate assets.
Assess options and opportunities to maximize return on real estate investments.