Real Estate Asset Management
The Senior Director, Real Estate Asset Management job is responsible for maximizing the value of the organization's real estate portfolio through the execution of managing, development, and dispositions of diversified, domestic real estate investments. With limited oversight from senior management, this job manages large projects and/or teams that achieve superior returns on real estate assets through active management and leasing while operating in a highly collaborative environment.

Key Responsibilities and DutiesManages a portfolio of real estate assets within a specific sector focus, such as multifamily affordable housing.\nParticipate in investment activities during the asset life cycle including acquisitions, stabilization, recapitalizations and conversions.\nParticipates in negotiations for property management, including property service contracts and construction contracts.\nProvides input into the investment strategies and implement business plans for a significant portfolio of real estate investments, usually covering more than one region or geographical market.\nImplements organization initiatives, including environmental, social and governance (ESG) at the asset level.\nManages risk through close interaction and management of property, construction managers, resident relationships and other third party consulting relationships.\nPossesses advanced knowledge of current real estate market conditions for the assigned submarkets / regions.\nEnsures property performance contributes to portfolio performance that beats the applicable KPI benchmark and investment objectives.\nCommunicates to portfolio management and business partners timely and accurate reports on the company's real estate management strategy and performance.\nConduct site evaluations as needed.Educational RequirementsBachelor's Degree Required Work Experience5+ Years Required; 7+ Years PreferredPhysical RequirementsPhysical Requirements: Sedentary Work
Career Level
8PL

Required

5+ years of affordable housing experienceHUD and LIHTC experience

Preferred

7+ years of affordable housing experiencePost Graduate Degree

Related Skills

Construction Management, Due Diligence, Financial Acumen, Financial Analysis, Financial Risk Management, Financial Statements, Market/Industry Dynamics, Organizational Savviness, Real Estate Investments, Real Estate Property Management

Anticipated Posting End Date:

2024-11-19

Base Pay Range: $140,000/yr. - $205,000/yr.

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans). 

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Company Overview

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information about the firm please visit our website at www.Nuveen.com

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Read more about the Equal Opportunity Law here.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. 

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: 

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

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