REO Asset Manager - DTX

Michael Page International

Austin, Texas
30+ days ago

$130,000–$170,000 Per Year
Full-time

Highlights

Experience with REO, special servicing, or distressed/workout asset management strongly preferred - whether gained at an ownership/principal platform or at a financial institution (bank, servicer, or lender). Prepare investment memos, asset-level business plans, and annual operating budgets for each asset and track actual performance against budget, identifying variances and directing corrective action.

Numbers & Facts

Location	Austin, Texas
Job Type	Full-time
Industry	Staffing/Employment Agencies
Salary	$130,000–$170,000 Per Year
Company Size	10,000 employees or more
Website	https://www.michaelpage.ca/

Description

Job Title

Commercial Real Estate Asset Manager

Job Description

Manage and hold accountable third-party operating partners across the portfolio, ensuring alignment with performance and operational expectations. Build and maintain reporting frameworks and dashboards that give senior leadership clear, timely visibility into asset- and portfolio-level performance. Lead acquisition and disposition initiatives across the portfolio, including underwriting, due diligence, and coordination with brokers, legal counsel, and other transaction parties. Identify and execute value-creation, repositioning, or exit strategies for underperforming or non-core assets. Prepare investment memos, asset-level business plans, and annual operating budgets for each asset and track actual performance against budget, identifying variances and directing corrective action. Track market conditions, comparable sales and leasing activity, and capital markets trends relevant to office and multifamily assets. Coordinate with internal finance, accounting, and legal teams on capital expenditures, leasing decisions, and financial reporting matters. Take on other responsibilities as needed in the management, stabilization, and disposition of REO assets.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

7-10+ years of commercial real estate asset management experience, ideally spanning both office and multifamily property types. Experience with REO, special servicing, or distressed/workout asset management strongly preferred - whether gained at an ownership/principal platform or at a financial institution (bank, servicer, or lender). Understanding of different capital structures which may apply to this portfolio: fee simple ownership, Preferred Equity (i.e. rescue pref), etc. Demonstrated experience in developing and managing reporting processes and procedures to evaluate performance against plan. Strong communication and relationship management skills, with the ability to present to senior leadership. Direct experience leading or supporting acquisition and disposition transactions. Strong financial modeling and analytical skills, with proficiency in Excel and asset/portfolio reporting systems. Desire to integrate AI and other technologies into existing workflows. A "deal person" mentality - commercially sharp, decisive, and energized by moving quickly in a dynamic environment. Bachelor's degree in real estate, finance, business, or a related field.

What's on Offer

Exciting Career Growth Opportunities. Highly Successful Firm. Competitive Compensation & Benefits. Career Growth Opportunities within a rapidly growing firm. Directly reporting into office leader.

Contact Keenan Gibson Quote job ref JN-082026-7079184

Job Summary

Sector: Real Estate

Sub Sector: Property & Asset Management

Industry: Property

Where: Dallas

Contract Type: Permanent

Consultant name: Keenan Gibson

Job Reference: JN-082026-7079184

About Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world. Our business was established in Canada in 2005 when we opened our Toronto office. Our role is to work with employers and job seekers to facilitate a successful match. This can range from advising a global company on a candidate sourcing strategy to helping a job seeker find their dream job. In Canada, we focus on recruiting for the following areas: Banking and financial services Digital and e-commerce Engineering and manufacturing Finance and accounting Human resources Information technology Marketing Oil and gas Procurement and supply chain Property and construction Sales An Established Brand The Group has established a leading presence in many of the key markets for professional recruitment around the world and has positioned itself in certain other markets, which offer the opportunity for future growth. Within its current largest markets, Michael Page has also built a regional presence, including in the UK, France and Australia. Consequently, the Michael Page brand is among the most widely recognized brands in the professional recruitment industry. A Market Leader The role of a recruitment consultancy is to act as an intermediary, identifying and sourcing suitably qualified candidates on behalf of its clients. Candidates are recruited either for permanent or contract positions (typically for a fixed term) or on a temporary basis. Within the overall recruitment industry, the market for professional recruitment services is a specialist sector which has developed more recently. Michael Page is widely recognized as leading the development of this market around the world. Learn the benefits of working with Michael Page yourself. Submit your resume or contact a Michael Page recruitment consultant today.