W. M. Jordan Development (WMJD), a wholly owned subsidiary of W. M. Jordan Company, is a seasoned, full-service real estate development company headquartered in Newport News, Virginia. For over 30 years, WMJD has acquired hundreds of acres of land for the successful development, leasing, and management of commercial real estate. Our team of highly skilled experts works with owners to ensure projects are completed with quality, cost, and schedule at the forefront. WMJD has provided clients along the East Coast with quality developments that promote economic growth and enhance local life.
W. M. Jordan Development is seeking an Asset Manager with 5 years of industry experience to join our team.
Responsibilities and Duties:
- Oversee Third-Party Property Management in the day-to-day operations of the real estate assets, including tenant relations, lease administration, and maintenance.
- Oversee the preparation and management of property budgets.
- Identify and mitigate risks associated with the portfolio, such as market fluctuations, regulatory changes, or tenant defaults.
- Perform financial analyses to continuously monitor and assess property performance, including cash flow projections and ROI calculations, and provide regular financial and operational reports on asset performance.
- Coordinate with Third-Party Leasing Team to negotiate lease agreements with tenants, optimizing projected return.
- Collaborate with Marketing Team to develop effective strategies for selling or leasing properties.
- Support the Building Development Team to deliver tenant improvements on time and on budget.
- Plan and oversee capital improvement projects to reduce operating costs and to maintain and enhance property value.
- Analyze market trends, economic indicators, and competitive landscapes to inform decision-making and investment strategies.
- Develop and execute strategic asset plans to maximize the performance and value of the portfolio.
Qualifications and Skills:
- Bachelor’s degree in Real Estate, Finance, Business Administration, or related field.
- 5+ years of relevant work experience.
- Strong understanding of property operations, lease structures, and market dynamics.
- Excellent analytical skills with proficiency in financial modeling and reporting.
- Experience in research, data analysis, and problem-solving.
- Proficient use of Microsoft Office Suite.
- Excellent written and verbal communication skills.
- Detail-oriented.
- Highly organized.
We offer our full-time employees a competitive salary and a generous benefits package.
W. M. Jordan Company is an Equal Opportunity Employer
If you need an accommodation as part of the employment process please contact Human Resources at
Phone: 757-596-6341
Email: sgaloozis@wmjordan.com
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