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The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. We’re united by our culture – a drive to find a better way that fuels our commitment to our clients, our community and our team members. We believe in and build inclusive workplaces, where every voice is heard and diverse perspectives are welcomed. Working for a company in the Family is about more than just a job – it’s about having the opportunity to become the best version of yourself.

About Bedrock

Bedrock is a full-service real estate firm specializing in innovative city building strategies. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $7.5 billion to acquire, develop and operate more than 140 properties in Detroit and Cleveland with landmark developments at the Hudson’s Site (https://www.hudsonssitedetroit.com/) , Book Tower (https://www.booktowerdetroit.com/) , City Modern (https://www.citymoderndetroit.com/) , Tower City Center (https://www.towercitycenter.com/) and the May Company Building (https://www.themaycleveland.com/) .

Bedrock’s projects include new construction, adaptive reuse and a portfolio totaling more than 21 million square feet of office, retail, residential, industrial, hospitality and parking.

For additional information about Bedrock, please visit bedrockdetroit.com , bedrockdetroit.com/careers/ , and engage with us on Facebook (https://www.facebook.com/BedrockDetroit/) , Instagram (https://www.instagram.com/bedrockdetroit/) , Twitter (https://twitter.com/BedrockDetroit) and LinkedIn (https://www.linkedin.com/company/bedrock-real-estate-services/) .

POSITION SUMMARY

The Asset Manager, reporting to the Director, Asset Management, is responsible for overseeing and strategically managing the financial performance of an assigned portfolio of assets within Bedrock’s real estate portfolio in Downtown Detroit and Cleveland. One will work alongside other asset managers and internal teams such as property management, leasing, capital markets, investments, acquisitions, development, and market analytics to maximize the net operating income based on the portfolios business plan. The asset types in an Asset Manager’s assigned portfolio will be diverse with asset types such as commercial office, multi-family residential, retail, parking, to industrial .

ESSENTIAL FUNTIONS

• Leads and monitors the asset strategy with cross-functional teams to achieve underwriting

• Coordinates and reviews annual property budget and asset strategies with various Bedrock Teams for Leadership approval

• Conducts regular property visits to ensure the asset strategy’s objectives are being obtained and identifies any new areas for opportunity

• Reviews monthly and quarterly property financial and variance reporting and conducts periodic calls with property teams

• Manages communication amongst property-specific Bedrock Teams to assess and improve investment performance and leverage pertinent information for investor reporting purposes

• Provides analytical support across functional teams for strategic business decisions including investment opportunities, operational savings, capital expenditures, and capital structure execution

• Works closely with Property Management Team to monitor tenant delinquencies and propose resolutions to Bedrock Leadership when necessary

• Works closely with Leasing Team to provide analytical support, including market leasing assumptions and analysis, operating expense estimates, and tenant financial evaluations that are aligned with the asset strategy

• Works closely with Development and Acquisitions Teams to provide support in underwriting, asset strategy creation, and due diligence to ensure a smooth transition into the operating portfolio

• Partners with the Finance Team to successfully execute financing and refinancing of stabilized assets

• Maintains a current understanding of real estate and urban trends throughout the industry and country

• Completes responsibilities with little oversight or required direction

• Works to maintain and improve portfolio performance

• All other duties as assigned

POSITION REQUIREMENTS

• Bachelor’s degree in finance, business, economics, accounting, real estate, or a related field (required)

• Advanced degree, CFA, CAIA, or similar designations a plus

• At least 5 years of experience in real estate finance, asset management, investing, consulting, or another related financial service field

• Experience with two or more property types strongly preferred: office, retail, parking, multifamily, and industrial

• Experience in investment analysis and financial modeling

• Experience with real estate market research and relevant data providers (e.g., CoStar) a plus

• Proven track record of high performance in prior work

• Possess creativity, independence, initiative, and high levels of integrity

POSITION QUALIFICATIONS

• Able to problem-solve at an advanced level

• Able to perform tasks by interpreting and analyzing established procedures

• Strong verbal and written communication skills

• Strong self-starter that thrives in a fast-paced, dynamic environment with multiple and evolving priorities and deadlines

• Strong financial analysis skills with an emphasis on accuracy and thoroughness

• Ability to prioritize responsibilities, manage time effectively and handle a high volume of work

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities and may be modified periodically.

Disclaimer

This job description should not be construed as an exhaustive list of duties and responsibilities performed by persons assigned to this classification. It is not intended to limit or in any way modify the right of any supervisor or manager to assign, direct and control the work of employees under his/her supervision. All principal duties and responsibilities of this position are essential functions of the position. Job descriptions are reviewed on a regular basis and may be revised at any time. Revisions will be communicated to employees within the classification. This job description does not constitute a contract of employment; therefore, the company may exercise its employment-at-will rights at any time.

Bedrock is an equal-opportunity employer.

The Company is an Equal Employment Opportunity employer, and does not discriminate in any hiring or employment practices. The Company provides reasonable accommodations to qualified individuals with disabilities in accordance with state and federal law. Applicants requiring reasonable accommodation in completing the application and/or participating in the employment application process should notify a representative of the Human Resources Team, The Pulse, at Careers@myrocketcareer.com.

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