Senior Associate, Portfolio Management

New York, NY · Full-time

About The Position

Position: Senior Associate, Portfolio Management

Location: New York, NY

Reports to: Executive Vice President, Asset Management


SUMMARY

This in-person, New York, NY-based position’s primary responsibility will be leading the asset management effort for Safehold Inc., including (i) a portfolio of Ground Leased assets in various property types of real estate including multifamily, office, industrial, hotel, and retail, and (ii) a portfolio of Real Estate Loan investments. Responsibilities will be varied, and some domestic travel may be required. The successful candidate will report directly to EVP, Head of Asset Management.

The candidate will have experience in asset management, a high degree of exposure to real estate transactions and must be a self-starter and able to think critically. 

 

RESPONSIBILITIES

  • Monitor real estate submarket activity to proactively identify any areas of concern in the portfolio.
  • Assess and analyze real estate and credit risk for ground lease investments.
  • Formulate and provide insightful opinions to help generate actions to be taken in the portfolios and prepare analysis and recommendations for senior management as needed.
  • Develop an in depth understanding of key asset specific lease provisions and key risks associated with the company’s position on those assets.
  • Work closely with internal lease administration team to address any lease compliance related issues and anticipate any underlying asset performance issues via pro-actively monitoring of tenant financial reporting.
  • Work closely with internal legal team to ensure any material ground lease amendments are documented correctly and efficiently.
  • Create, prepare, and maintain quarterly asset management reports for presentation to senior management tracking all ground lease tenant reporting.
  • Work with internal ground lease origination/acquisition team to identify any future growth opportunities in existing portfolio.

Requirements

QUALIFICATIONS

  • Business related undergraduate degree.
  • 5-7 years’ relevant experience.
  • Must have related work experience in Real Estate or Analyst field and familiarity with finance terms, structures, and industry-standard operating assumptions for both commercial and multi-family properties.
  • Must have a high level of proficiency with financial modeling, spreadsheets and Argus.
  • Strong analytic, financial, communication skills, and critical thinking skills with the ability to draw conclusions from market research, site visits, financial models, published reports and conversations with borrowers and other real estate professionals.
  • Self-motivated and display strong attention to detail.
  • Possess the self-confidence to articulate and defend recommendations and question those of others.
  • A positive and proactive work ethic and comfort operating with limited direction.
  • High degree of personal integrity and intellectual curiosity, seeks to participate in a merit-based compensation structure that encourages innovation.
  • Comfort in unstructured environments and entrepreneurial work culture. Thinking outside of the box is the norm and is expected at the firm.
  • Pride of ownership in end work product.
  • Exceptional verbal and written communication skills.
  • Ability to work well in a team environment, as well as independently.
  • Experience in Salesforce or another CRM interface.


Total Compensation Range: $130,000 - $170,000 (base salary + participation in performance incentive program)

The total compensation salary range for this role is posted. Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location, and alignment with market data. Additionally, company employees may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility, and Company approval. The Company offers PTO, Paid Sick Time Off, and Paid Holidays, the terms of which are set forth in company policies. Full-time employees are also eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance, and 401K; in each case in accordance with the terms of the applicable plans.


Our company is steadfast in its commitment to fostering a diverse and inclusive workplace. We are proud to be an equal opportunity employer, welcoming applicants from all backgrounds, regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, gender identity, or any other legally protected status.

Safehold’s outstanding company culture is built on respect, collaboration, and a shared passion for excellence, creating an environment where every team member feels valued, heard, and empowered to contribute their unique perspectives and ideas.

Safehold offers a comprehensive suite of benefits designed to support the health and well-being of our employees and their families. Our company is committed to the ongoing growth and development of our talent, offering opportunities for professional development through training programs and challenging projects.

Interested in becoming a key part of our dynamic team? If you meet the qualifications and are eager to embark on this exciting journey, please submit your application by selecting the apply option. We look forward to reviewing your application.


COMPANY OVERVIEW

Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT), seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Additional information on Safehold is available on its website at www.safeholdinc.com.

 

Safehold Inc. is an Equal Opportunity Employer

 

Apply for this position