ABOUT GREYSTAR
Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in more than 265 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $35 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
JOB DESCRIPTION SUMMARY
The Asset Management team sits within Investments, working alongside Portfolio Management and the Transactions team. The key function of the Asset Management team is to execute the asset level investment strategies across both Multifamily and Student Accommodation sectors, delivering performance targets in line with the Business Plan.
The Team Lead plays a lead role in the operational implementation of Greystar’s investment strategies. This role supports the development and implementation of business plans and practices that achieve investment and operating goals of the portfolio.
JOB DESCRIPTION
Key Role Responsibilities
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Monitor and oversee individual investments and overall portfolio performance, critically evaluating existing real estate operations and business plan execution to identify new strategies to drive NOI and maximize returns across the portfolio.
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Partners with Operations to deliver key performance metrics to achieve the business plan, including leasing performance, revenue and expense management, and impact to asset returns.
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Leads compilation of annual operational and capital budgets and business plans for senior management and capital partners review.
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Participates with the Company's senior leaders in routine market review discussions to examine the overall operational and financial results for the asset portfolios, present and justify business plans and makes strategy recommendations.
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Actively participates in major capitalization initiatives, acquisitions and dispositions.
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Maintains and develop a broad network of industry related resources to support the execution and growth of the organization.
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Leads and manage team members; interviewing, hiring, on boarding and developing direct reports and other team members as appropriate and managing their performance in accordance with Company policies, values, and business practices.
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Completes various financial, accounting, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.
Role Scope
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Based in our Frankfurt, Germany office the role will initially be responsible for portfolios/assets in the DACH region with exposure to our flagship Pan-European Fund.
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The post holder will have the opportunity to influence strategies of the Company’s investment projects in the growing DACH region.
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The incumbent must develop a deep understanding of Greystar’s Central Europe operations, as well as building relationships with UK, EU and US leadership and Portfolio Management teams.
Knowledge & Qualifications
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Educated to a degree level or equivalent in a relevant subject such as real estate, business, or finance and/or equivalent experience.
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MBA in real estate, business or finance, MRICS or similar professional accreditation are desirable but not essential.
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IT literate and fully conversant with all Microsoft packages including Excel (Advanced level) and PowerPoint (Advanced level).
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General understanding of/interest in student/multifamily housing.
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Fluent in German and English – speaking/reading/writing.
Essential:
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Demonstrable senior level experience working in a similar investment, asset or portfolio management role.
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Demonstrable real estate experience (essential) within Germany and internationally (preferred).
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Strong understanding of real estate and debt markets; and of standard terms and structures of deal capital.
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Strong analytical and quantitative skills, along with the ability to quickly interpret complex written and financial data.
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Commercially focused and able to apply sound business principals.
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Demonstrated management and leadership skills and sufficient to recruit, lead and manage team members to achieve high performance.
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Excellent interpersonal skills including the ability to establish and maintain positive relationships and act with impact and influence at all levels.
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Strong written communication skills; including the ability to articulate and discuss fund/portfolio and underlying investment, and the ability to effectively write and present concise business presentations and investment reviews.
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Strong organisational and project management skills to juggle complex tasks and manage the workload of others, with the ability to work effectively under pressure, to deadlines and work flexibly in change environment and within a dynamic real estate investment and asset management environment.
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Self-motivated and proactive, both with respect to managing workload and own professional development.
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Relevant experience in the student accommodation, residential or hotel sectors.
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Offshore and corporate transactional experience.
Important Notice: Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct any interviews via text or messaging, and all communication will come from official Greystar email addresses (@greystar.com). If you receive suspicious requests, please report them immediately to [email protected].
