Cadre is a next-generation technology-driven real estate investment platform for commercial real estate, democratizing access to a 16 trillion dollar asset class favored by private equity firms, hedge funds, and institutional investors.  We believe that commercial real estate is a cornerstone of wealth creation, and access should not be limited to the few. With over $130 million in investments from the likes of A16z, Khosla Ventures, Thrive Capital, General Catalyst, and Founders Fund, Cadre is positioned to reimagine real estate investing, and is only just getting started.

We are on a mission to give more people the opportunity to improve their financial futures and our people are the driving force. While our backgrounds are varied, we are united in our curiosity, obsession with solving difficult problems, and dedication to our mission.

ABOUT THE ROLE

Cadre is looking for a Vice President of Asset Management who will be responsible for direct oversight of asset management activities related to Cadre’s rapidly growing portfolio in partnership with the Director of Asset Management and broader Asset Management Team. You will have an opportunity to provide strategic and technical leadership through acting as the liaison between Cadre and its operating partners with a specific focus on overseeing the portfolio of real estate assets located throughout the U.S. and serving as an inhouse asset management expert. 

In addition, you will have an opportunity to successfully build and maintain strong relationships with company leadership, Finance, Investor Relations, the broader Investments Team, and external operating partners. As a successful candidate, you have a strong work ethic and motivation to learn, as well as meticulous attention to detail. You are also results-oriented, looking for professional growth within real estate investment technology,  and are excited to make a large impact at a high-growth innovative financial-tech company.

WHAT YOU'LL DO

• Responsible for direct oversight and strategic asset management of a portfolio of real estate assets located throughout the U.S.
• Develop and implement strategy for each investment including hold/refinance/sell recommendations.
• Actively review monthly operating reports to help identify and track operating performance trends, operating budget variances, and significant changes in the assets and their respective markets.
• Monitor and track compliance of all guidelines in the loan documents, joint venture agreements, and other relevant agreements.
• Generate asset management reports for internal and external use.
• Closely partner with key stakeholders, building strong relationships with internal and external partners to enhance operational functions and provide value-add support.
• Develop detailed working knowledge of the organization and how the functions partner together internally and with external parties.
• Ensure the fiscal integrity of portfolios through diligent monitoring and managing of owned assets with operating partners to maximize distributable cash flow and long-term economic value in addition to working with operating partners to create operating budgets and business plans.
• Collaborate closely with acquisitions and investor relations teams on all aspects of the portfolio.
• Lead quarterly asset review process with Senior Management.
• Lead calls with operating partners for asset and market performance updates.
• Proactively strengthen processes, and be accountable for accuracy, integrity and timeliness of key projects through regularly monitoring the progress of capital improvement projects and spending for adherence to approved plans and for identifying cost variances.
• Monitor market research and geographic trends relative to investment value, leasing, costs, and supply/demand fundamentals in conjunction with Cadre’s data science program and provide findings and insights to key partners.

WHAT YOU HAVE

• 6-10 years of experience with equity investments across multiple property types with an emphasis in multifamily, industrial, office properties.
• Strong understanding of real estate fundamentals.
• Demonstrated understanding of Excel and Argus and overall modeling process.
• Effective written and oral communication skills.
• Ability to multitask and work under pressure to meet deadlines.
• A heightened attention to detail – must be meticulous and consistently accurate.
• Proactive, diligent team player who thrives in an entrepreneurial environment

We view diversity as a critical imperative and asset, and want our team to be as diverse as the communities we work to serve. Our mission and culture are grounded in our commitment to fostering diversity, equity, inclusion and belonging and providing equal opportunity for all applicants and employees. We encourage applicants from all backgrounds to apply.

Learn more about our commitment to DEI here: https://cadre.com/insights/cadre-commitment-to-diversity-equity-and-inclusion/