Senior Associate - Asset Management

Overview

When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.

Responsibilities

As a Senior Associate of Asset Management with Hines, you will be a critical part of the Asset Management team on all new acquisitions and existing assets across product types. Responsibilities include, but are not limited to: 

• Lead the Leasing and Operations/Property Management teams to develop short- and long-term strategies designed to maximize the value and tenant satisfaction of each asset.
• Address day-to-day and mid-level issues; communicate high-level issues to ownership and develop solutions.
• Understand the current value and projected future performance of each asset; develop hold/sell recommendation in accordance with ownership's thesis.
• Create annual property valuation analyses for each asset. Perform market analysis working with Leasing and Operations/ Property Management functions to develop leasing objectives, operating and financial budgets, project plans, and annual plans.
• Monitor property operating and financial performance to ensure established goals and objectives are being achieved. Discuss material variances with Property Management and Accounting functions; determine key drivers creating variances.
• Supervise execution of capital projects and tenant improvements.
• Ensure that partnership and loan document requirements are satisfied.
• Review and approve all monthly, quarterly, and annual property reporting required by Owner, Lender and Region.
• Assist in the review of valuation models (Argus and Excel) and during acquisition and perform updates an on-going basis.
• Conduct due diligence and assist in closing of new business pursuits.
• Comply with all Hines policies and procedures.

Qualifications

Minimum Requirements include: 

• Bachelor’s degree in real estate, business administration, finance, engineering, or economics from an accredited institution.

• Four or more years of experience in the real estate industry with responsibility for financial analysis, leasing/marketing activity oversight, and execution of strategic plans is a plus but not required. 

• Proficiency with Microsoft Office and Argus.
• Bilingual in Spanish/English. 
• Excellent leadership and mentorship skills for team development.
• Effective listening skills and interpersonal communication skills.
• Team player mentality with a positive attitude.
• Capable to undertake detailed analyses and make well-reasoned, decisive recommendations.
• Demonstrate prioritization, organization, and time management skills to meet competing deadlines.
• Ability to multi-task in a complex high-volume environment and competency to work with all levels of management and personnel on critical projects.
• Be a risk taker and possess the upmost integrity.
• Work indoors approximately 70% of the time and outdoors 30% of the time.
• Ability to withstand long working hours, which are frequently necessary.
• Hines is unable to provide relocation assistance.

Closing

At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion¹ of assets across such property types as living, office, retail, mixed-use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.

While our projects are renowned for enhancing cities and pioneering sustainable practices, we recognize that the true driving force behind Hines' success is our 5,000 dedicated employees in 30 countries who draw on our 65-year history to build the world forward. This is why we prioritize investing in our people, offering comprehensive training, competitive compensation, robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team, we cultivate an inclusive environment where everyone, including our clients, can thrive.

Hines is proud to be named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2024. ¹Includes both the global Hines organization and RIA AUM as of December 31, 2023.

We are an equal opportunity employer and support workforce diversity.

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