Real Estate Asset Management Vice President
Company: Sixth Street
Location: Dallas
Posted on: March 6, 2025
Job Description:
About The U.S. Real Estate Asset Management TeamThe U.S. Real
Estate Asset Management team's purpose is to maximize the value of
the U.S. Real Estate portfolio through hands-on asset management
and to provide detailed, accurate, and actionable reporting,
thereby providing leverage to the overall platform. The U.S. Real
Estate team is responsible for generating strong risk-adjusted
returns by investing in platforms, portfolios, individual assets,
and loans across sectors (the investment process is led by the deal
team). U.S. Real Estate is a strategic area of focus for Sixth
Street, and this role is an opportunity to join a fast-growing team
and partner in the expansion of a priority business line.The
RoleThis is a full-time role. There is a preference for this role
to be based in Dallas, TX, but strong San Francisco and/or New
York-based candidates may also be considered. As a Vice President
of Asset Management on the U.S. Real Estate team, you will be
responsible for driving business plan execution, partner/borrower
interaction, internal processes, and reporting/valuations for a
sub-set of the U.S. Real Estate Portfolio. This person should have
a knowledge of industry and macroeconomic conditions, as well as
key drivers and fundamentals in major real estate asset
classes.Core Responsibilities
- Understand and take an ownership view of the assets, markets,
and business plans for each investment
- Carefully track and help drive business plan execution
- Main point of contact for operating partners/borrowers/service
providers for asset management
- Lead (from the Sixth Street side) on standing calls with
partner/borrower for each investment
- Review all partner/borrower reporting and flag key issues
- Perform ad hoc analysis for key asset management decisions
(leasing, capex, modifications)
- Drive and coordinate internal operations processes (cash
management, recommending and processing distributions and
contributions, draw review and processing for construction deals,
coordinate document review/negotiation/execution)
- Drive quarterly firmwide processes - Valuation Committee,
Portfolio Review, etc. (senior deal team members to review and
approve valuations/materials)
- Lead annual business plan discussions (from Sixth Street
side)
- Assist with setting up key asset management processes on the
front end of new investments
- Assist Head of US Real Estate Asset Management in the continued
buildout of internal processes and procedures and portfolio
management tools (reporting, tracking)What We Value
- Highly motivated, entrepreneurial, and team-oriented
candidates
- Strong finance and modeling skills, ideally within the real
estate space
- Commercial and results orientation
- Team orientation and influencing skills
- High trust and integrity
- Strategic and entrepreneurial mindset
- Strong combination of organizational and
interpersonal/communication skillsPreferred
- At least 7 years of proven experience investing in and/or asset
managing commercial real estate across a variety of asset
classes
- Experience in multiple geographies and across the capital stack
preferred (equity experience most critical to success in the
role)
- Ability to perform analysis, frame-up complex scenarios, and
provide clear and substantive recommendations
- Strong proficiencies in Excel and Argus
- Outstanding initiative and comfort being a self-starter
- Ability to multi-task and maintain composure in a high-volume
environment
- Strong sense of urgency; ability to execute quickly and
efficiently with strong attention to detail
- Strong verbal and written communication abilities
- Structured problem solver who is able to synthesize
sophisticated information from a variety of sources into
implementable recommendations and solutions
- Ability to collaborate effectively across multiple teams
- Strong prioritization and project management skills
- Comfort working in a high growth, iterative environmentAbout
Sixth StreetFounded in 2009, Sixth Street is a leading global
investment firm dedicated to developing themes and offering
solutions to companies across all stages of growth. Our firm is
designed for cross-platform collaboration at scale: we build
businesses, invest for growth, acquire assets, provide direct
financing, identify value in public markets, purchase royalty
streams, and regularly develop first-of-their-kind structures to
meet the strategic objectives of management teams.We do all this
globally and as one unified team of investment and control-side
professionals working on behalf of our institutional investors and
their beneficiaries around the world. We believe our commitment to
diversity, equity, and inclusion is a competitive advantage.
Everyone on our team contributes their perspectives and expertise
to help us solve complex challenges and get to the right answer. At
Sixth Street, the best idea wins. From how we conduct business to
how we engage in our communities, everything we do at Sixth Street
is rooted in our commitment to our core value:
- Cross-Platform: We think across the business and avoid silos at
all costs.
- Responsibility: We are accountable for our business, to our
team, and to our communities.
- Ethical: We are ethical and direct in word and deed.
- Action: We initiate, execute, and deliver results.
- Teamwork: We are better together.
- Entrepreneurship: We seek to innovate both inside and outside
our business.For more information, visit the site or follow us on .
Sixth Street is proud to be an Equal Opportunity employer and we
encourage people from underrepresented backgrounds to apply. We do
not discriminate based upon race, religion, color, national origin,
genetic history, marital status, gender (including pregnancy,
childbirth, or related medical conditions), sexual orientation,
gender identity, gender expression, age, veteran status,
disability, or other applicable legally protected characteristics.
Please refer to on our website for additional information regarding
our obligations under the California Consumer Privacy Act
("CCPA").
#J-18808-Ljbffr
Keywords: Sixth Street, Dallas , Real Estate Asset Management Vice President, Executive , Dallas, Texas
Didn't find what you're looking for? Search again!
Loading more jobs...