Commercial Real Estate - Asset Management Analyst

About Us:

Shin Yen is a premier commercial real estate company with an extensive portfolio of properties across diverse regions. Our commitment to excellence in property management, leasing, and investment continues to drive our growth. As we expand, we are seeking analytical, detail-oriented professionals to join our team and support the performance and long-term value of our shopping center portfolio.

Job Overview:

The Asset Management Analyst plays a key support role within the Asset Management team, focusing on financial analysis, reporting, and operational support for a portfolio of shopping centers. This position works closely with Asset Managers, Property Management, Leasing, Finance, and Legal teams to evaluate asset performance, support strategic decision-making, and help maximize returns for investors. This role is well-suited for a highly analytical professional with a strong foundation in commercial real estate, financial modeling, and data-driven decision-making.

Key Responsibilities:

Financial Management:

Manage and oversee the physical assets of the organization working alongside with property managers by planning, organizing, and directing operational activities Assist in the development of strategic asset management plans Develop and execute strategic financial plans to optimize the financial performance of shopping centers. Monitor and analyze property financials, including rent rolls, budgets, forecasts, AR/AP reports, and operating statements and expenses. Assist in the preparation of annual budgets, forecasts, and variance analyses. Analyze vendor contracts and pricing, including property management and service agreements to ensure operational efficiency. Monitor asset performance against business plans and identify trends, risks, and opportunities for improvement. Support financial modeling for existing assets, capital projects, and strategic initiatives. Coordinate with property management teams to ensure operational and financial objectives are met. Review vendor contracts, service agreements, and expense structures to support operational efficiency.

Lease Administration:

Oversee lease negotiations, renewals, and relocations. Ensure compliance with lease terms and agreements. Develops asset management plans for all assets, assessing the need for renewals, new purchases, or disposals Maintain and analyze lease abstracts and key lease terms. Track lease expirations, renewals, and critical dates. Evaluate tenant mix and occupancy trends to support leasing and portfolio optimization strategies.

Acquisitions:

Source, underwrite, and evaluate potential acquisition opportunities through market research, financial modeling, and due diligence. Utilize ARGUS for property and portfolio cash flow modeling, investment analysis, and valuation scenarios. Prepare investment memoranda and present recommendations to the investment committee. Coordinate and manage the due diligence process, including legal, environmental, and financial reviews. Assist in structuring transactions and negotiating terms with sellers, brokers, and other stakeholders. Advanced proficiency in Excel for financial analysis, reporting, and scenario modeling. Familiarity with underwriting protocols and investment analysis best practices. Strong communication and interpersonal skills to navigate between the finance department, property management, and external stakeholders for seamless transactions. Ability to oversee multiple properties and acquisitions simultaneously, ensuring strategic objectives and financial goals are met. Property Maintenance and Improvement Supervise property maintenance and ensure that facilities are well-maintained and presentable. Use Yardi to track property operations, monitor budgets, reconcile CAM, and process invoices. Collaborate closely with the Property Management team to ensure smooth communication, operational oversight, and adherence to company policies. Manages leases and vendors, including transition of assets between contractors and service providers Oversee capital improvement projects with the property management department. Analyze AR/AP Reports to oversee collections and payment and report to management. Coordinate with property management teams for property upkeep and enhancements.

Market Research & Analysis:

Conduct market research using CoStar and other industry resources to evaluate property trends, rental rates, and market conditions. Maintain and update market intelligence to support acquisition, disposition, and portfolio management strategies. Ensure all underwriting and financial modeling adheres to internal protocols and industry best practices.

Leasing and Occupancy:

Manage leasing efforts, including identifying new tenants and negotiating lease agreements. Optimize occupancy rates and minimize vacancies. Collaborate with marketing teams to develop marketing strategies to attract and retain tenants.

Reporting and Analysis:

Generate regular performance reports, including financial analysis and property assessments. Analyze the physical asset's maintenance budget by planning, organizing, and directing operational activities Develop, implement, and maintain quality assurance protocols Provide recommendations for enhancing property value and profitability. Track market trends and assess the impact on the shopping center portfolio.

Reporting & Market Research:

Prepare recurring and ad hoc reports on portfolio performance, market conditions, and asset-level metrics. Track market trends, rental rates, sales activity, and economic indicators impacting the portfolio. Assist in preparing materials for lenders, investors, and internal stakeholders.

Risk & Compliance Support:

Assist in monitoring compliance with lease terms, insurance requirements, and regulatory obligations. Support risk assessments related to property operations, capital projects, and tenant concentration. Maintain organized documentation related to asset performance, contracts, and compliance. Qualifications Bachelor's degree in Finance, Real Estate, Business, Economics, or a related field. 2-4 years of experience in commercial real estate, asset management, investment analysis, or financial analysis. Strong financial and analytical skills, including experience with budgeting, forecasting, and variance analysis. Proficiency in Excel and financial modeling; experience with property management or real estate software preferred. Solid understanding of commercial lease structures and retail shopping center operations. Strong attention to detail, organizational skills, and ability to manage multiple priorities. Effective written and verbal communication skills. Ability to work independently while collaborating effectively across teams.

Pay:

$55,000.00 - $60,000.00 per year

Benefits:

Dental insurance Health insurance Life insurance Vision insurance

Work Location:

In person