Job Description
Director - Industrial Asset Management at Macdonald & Company Director - Industrial Asset Management at Macdonald & Company in Austin, Texas Posted in 2 days ago.
Type:
full-time Job Description:
Macdonald & Company is pleased to be exclusively retained by a privately held industrial real estate investment and operating platform in the search for a Director of Asset Management based in Austin, Texas. Our client is a rapidly growing real estate investment firm focused on industrial assets across major Texas markets. Backed by institutional-quality capital and an entrepreneurial leadership team, the company has built a significant and expanding portfolio with a strong reputation for execution, operational rigor, and market expertise. This is a high-impact leadership opportunity for an experienced asset management professional who thrives in a fast-paced environment and wants to play a direct role in shaping portfolio strategy and operational performance across a growing industrial platform. Position Overview The Director of Asset Management will oversee the performance and execution of business plans across a multi-asset industrial portfolio throughout Texas. This individual will be responsible for driving asset-level strategy, managing operational and financial performance, overseeing leasing and capital initiatives, and partnering closely with executive leadership, lenders, and capital partners. The role requires a hands-on leader who can seamlessly move between strategic portfolio management, financial analysis, operational oversight, and relationship management. Key Responsibilities Asset Management & Operations Lead asset-level business plan execution across the industrial portfolio, including leasing strategy, operational initiatives, capital projects, and value creation efforts. Monitor asset performance and proactively identify opportunities and risks across the portfolio. Oversee annual budgeting, forecasting, and cash flow management for all assigned assets. Partner with third-party property managers, leasing teams, and vendors to ensure operational excellence and accountability. Conduct regular property visits and maintain a strong understanding of on-the-ground asset performance and market conditions. Leasing & Portfolio Strategy Develop and execute leasing strategies across the portfolio. Participate in complex lease negotiations and strategic tenant discussions. Evaluate hold/sell/refinance scenarios and provide recommendations to executive leadership. Reporting & Investor Communication Oversee asset management reporting for leadership, investors, lenders, and capital partners. Prepare clear, accurate, and decision-oriented reporting packages and portfolio analyses. Analyze operational and financial performance, including variance analysis and business plan tracking. Capital Events & Financing Lead refinancing and disposition processes from strategy through execution. Coordinate with lenders, brokers, legal teams, and third-party consultants throughout transaction processes. Oversee ongoing loan compliance, reporting obligations, reserves, and lender relationships. Market Intelligence & Strategic Analysis Maintain a deep understanding of Texas industrial market fundamentals and emerging trends. Monitor capital markets and debt conditions to support strategic decision-making. Translate market data and operational insights into actionable portfolio recommendations. Leadership & Cross-Functional Collaboration Manage and mentor asset management team members while helping establish scalable processes and best practices. Partner closely with acquisitions, accounting, finance, operations, and investor relations teams. Serve as a key contributor in discussions with executive leadership and external stakeholders. Qualifications 6+ years of commercial real estate asset management experience with direct responsibility for multi-asset portfolios. Industrial real estate experience strongly preferred. Demonstrated experience overseeing refinancings, dispositions, and complex asset-level business plans. Strong financial modeling, analytical, and reporting capabilities. Advanced proficiency in Excel and Argus required. Experience managing and mentoring team members. Excellent communication and presentation skills with the ability to interface with senior leadership, lenders, and investors. Highly organized with strong attention to detail and the ability to manage multiple priorities simultaneously. Entrepreneurial mindset with a proactive, solutions-oriented approach. Bachelor's degree in Finance, Real Estate, Accounting, Economics, or a related field preferred.
