Director of Asset Management

NW Recruiting Partners

Director of Asset Management

Seattle, WA
Full Time
Paid
  • Responsibilities

    Director of Asset Management
    Seattle, WA

    Join the leadership team of a prominent institutional real estate owner overseeing a mixed-use commercial portfolio in downtown Seattle. This landmark portfolio includes Class A and B office buildings, retail, residential, hospitality, and structured parking.

    The Director of Asset Management will lead day-to-day operations, financial performance, leasing strategy, and long-term repositioning initiatives to maximize value in an urban market. This highly visible role reports directly to senior real estate leadership and requires regular collaboration with executive stakeholders, public agencies, and advisory boards.

    Director of Asset Management Responsibilities:

    • Oversee property management, leasing, accounting, capital projects, and financial performance across the portfolio.
    • Lead financial modeling, forecasting, and budgeting; monitor debt service, refinancing, and revenue diversification strategies.
    • Drive repositioning and redevelopment strategies, including adaptive reuse and mixed-use conversion opportunities.
    • Serve as primary contact for major tenants, ground leaseholders, and community stakeholders.
    • Direct placemaking and public realm initiatives to enhance the portfolio’s value and community impact.
    • Prepare reports and recommendations for executive leadership, governance bodies, and advisory committees.
    • Manage third-party service providers, development partners, and joint venture relationships.

    Director of Asset Management Requirements:

    • Bachelor’s degree in real estate, finance, or related field; advanced degree or CPA preferred.
    • Minimum of 10 years of commercial real estate experience, with 5+ years in senior management.
    • Strong expertise in financial analysis, lease negotiations, property budgeting, and mixed-use asset management.
    • Experience with development strategy, capital planning, and repositioning underperforming assets.
    • Knowledge of urban commercial real estate markets, including Seattle/Pacific Northwest.
    • Excellent leadership, project management, and communication skills with ability to engage senior stakeholders.

    Benefits & Appreciation:

    • Comprehensive health, retirement, and professional development benefits.
    • Hybrid work flexibility (on-site and remote).
    • Phone allowance.
    • Generous PTO, personal, sick and vacation time.

     

    Compensation: $230K - $265K (DOE) salary