Asset Manager

Asset Manager – Commercial Portfolio

Washington, DC (In-Person, Full-Time)

Key Responsibilities

• Weekly: Monitor leasing activity, renewals, rental rates, and operating expenses; lead weekly performance meetings with property management teams; develop strategies to boost occupancy and revenue; identify expense reductions and approve biweekly payables.
• Monthly: Analyze financials, variance reports, and cash positions; conduct performance reviews with ownership and managers to meet annual cash flow targets.
• Quarterly: Conduct on-site property visits (quarterly or bi-monthly) to evaluate asset conditions, operations, and capital needs.
• Annually: Spearhead budgeting process, recommend enhancements based on performance data, ensure alignment with company goals, and manage leasing license renewals.

You'll serve as the primary liaison among ownership, property management, and financial partners, providing strategic direction, risk mitigation, and value-add initiatives for our office, residential, and mixed-use communities.

Qualifications & Experience

• Bachelor’s degree in real estate, finance, business administration, or related field.
• MUST be able to work in Washington, DC, In Person
• 5+ years of direct experience in office asset management, real estate finance, or property operations from an ownership perspective (third-party management experience considered if paired with strong ownership-side insight).
• Proven track record in financial/operational oversight of residential, office, or mixed-use properties.
• Strong knowledge of property management systems, financial reporting, budgeting, and market analysis.
• Excellent communication skills (verbal and written) for effective collaboration with ownership, on-site teams, vendors, and stakeholders.
• Proficient in Microsoft Office Suite (Excel heavy); familiarity with real estate software a plus.
• Highly organized, analytical, and proactive with strong leadership and relationship-building abilities.

Why Douglas Development? Join a collaborative, growth-focused team in the heart of Washington, DC. You'll be involved across the full real estate lifecycle from acquisitions to operations and disposition while contributing to innovative projects that enhance communities. We value operational excellence, forward-thinking strategies, and long-term success.

This is a full-time, in-person position based in our Washington, DC office (no remote/hybrid option).

If you're a motivated professional with a minimum of 5 years of relevant experience ready to dive in on a dynamic portfolio, we'd love to hear from you!

How to Apply: Apply via LinkedIn and send your resume and a brief note on your asset management experience to [email protected]. Please include "Asset Manager Application" in the subject line.