Job: Asset Manager

Asset Manager


Jersey City NJ, USA

Faropoint Investments' finance team is expanding, we are looking for an ambitious and brilliant Asset Manager to join our team.

Faropoint Investments ( is an international private equity firm specializes in establishing and managing U.S Commercial Real Estate Funds.The firm is a fully integrated investment management company, focusing on the industrial sector in various southeast U.S markets.Since 2012, the firm considered a trusted partner for Institutional Investors / top tier Family Offices / Accredited HNW Individuals.



  • Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition.

  • Direct and steer Property Management team to assure financial performance, timely reporting, proactive and high-quality repairs and maintenance, and positive tenant relations.

  • Model full life cycle of each asset from acquisition through disposition including investor returns under different scenarios.

  • Assist with disposition, acquisitions, and refinancing efforts through broker solicitation and selection, negotiation of legal agreements, and closing.

  • Assist with conducting transaction analysis and support due diligence for new acquisitions.

  • Lead the annual budget, business planning, and forecasting process for each asset.

  • Review monthly property management reports for variance against budget and strategy.

  • Prepare monthly, quarterly, and annual reporting for investor clients and senior leadership.

  • Create cash flow projections, analyze, and recommend investor capital calls and distributions.

  • Develop analytical tools to allow leadership to better understand the state of the portfolio.

  • Monitor timely payment of taxes and insurance premiums.

  • Monitor all escrow accounts and operating cash accounts to assure they are properly funded.

  • Review property manager operating expense and CAM reconciliations for accuracy, and provide final approvals to PMs prior to sending out tenant letters.

  • Collaborate with other departments to improve and document processes and streamline reporting.

  • Manage relationships with leasing brokers, attorneys, and lenders to negotiate lease terms at or above proforma budget.

  • Review leasing documents and amendments.

  • Review outside broker listing agreements.

  • Work closely with property managers to transition new tenants into properties.

  • Forecast repair and maintenance budgets and oversee property management to implement a proactive and high-quality maintenance plan.

  • Develop capital improvement strategies and oversee design and construction management activities.

  • Monitor construction progress and ensure TI and CapEx projects are closed out.

  • Negotiate third-party contracts and oversee implementation of capital improvement and “value-add” programs within the portfolio


Candidate Profile:

  • 3-5 years of commercial real estate experience with a focus on asset management activities including leasing, financing, managing tenant improvements, capital investments, and dispositions.

  • Experience with industrial assets (advantage).

  • Bachelor’s Degree in Real Estate, Finance, Accounting, or related field (advantage).

  • Knowledge of the south-east markets (advantage).



Key Skills & Abilities:

  • In-depth knowledge of real estate finance including commercial lease terms and debt and equity structures.

  • Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups.

  • Strong analytical, accounting, and critical thinking skills.

  • High comfort level with the technology used to aid in collaboration, communication, and documentation.

  • Excellent written and oral communication skills

  • Advanced knowledge of Excel including building templates for other users.

Please send your resume to