Associate, Retail Asset Management in Baltimore, Maryland at Continental Realty

Associate, Retail Asset Management - hybrid role

Performance Management & Business Plan ExecutionOwn and uphold property‑level business plans for a portfolio of 12-15 properties, ensuring consistent execution across all operating teams.Monitor asset performance relative to underwriting through leasing activity review, quarterly valuations, and annual budget analysis.Provide clear, investment‑focused context around variances to underwriting and recommend corrective actions or strategic adjustments.Partner closely with Leasing and Property Management on major strategic decisions affecting asset performance.CommunicationDemonstrated strength in written communication, including Investment Committee memos, asset‑level performance reporting, and investment recommendations.Effective verbal communicator with the ability to present to Investment Committee and Valuation Committee.Ability to work cross‑functionally with Operations to ensure clear alignment and execution of property business plans.Serve as an external point of contact for investors, lenders, and other stakeholders.Manage third‑party investment sales brokers and lead negotiation of purchase and sale agreements (PSAs).Capital Expenditure (CapEx) Planning & ForecastingMaintain and manage property‑level CapEx forecasts, ensuring discretionary spending and leasing capital are properly sequenced and fully funded.Oversee execution of budgeted capital projects in alignment with underwriting assumptions.Evaluate ROI and strategic merit of proposed discretionary CapEx based on leasing conditions, asset stability, and point‑forward hold period.Cash Flow Management & DistributionsOversee asset‑level cash management, including distributions, based on operating cash flow, cash on hand, lender reserve requirements, and future funding availability.Capital Event & Hold/Sell AnalysisIdentify and evaluate asset‑level optimization opportunities, including hold, sale, or recapitalization considerations annually and at key milestone events.Maintain up-to-date underwriting models for valuations and hold/sell/recap analyses.ValuationsConduct property-level DCF valuations in accordance with CRC's valuation policy.Disposition ManagementLead asset‑level execution of approved dispositions from pre‑marketing through closing.Partner with Capital Markets and Portfolio Management on pricing, timing, and marketing strategy.Coordinate asset readiness, diligence materials, and buyer communication across internal teams.Loan Compliance & Debt ManagementEnsure ongoing compliance with property‑level loan covenants, including DSCR requirements and reporting obligations.Oversee and optimize loan draws, ensuring timely submissions aligned with CapEx execution and cash flow optimization.Serve as the primary asset‑level point of coordination for lender reporting and compliance matters.

This is an excellent opportunity for a professional position with our Retail Asset Management team that includes a competitive salary, bonus potential and full benefits.

EOE