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Heartland LLC Asset Manager in Seattle, Washington

Asset Manager Opportunity Overview

We love what we do. We love real estate. We love supporting organizations, companies and families. We love creating multiple levels of value and positively influencing the future. Do you?

The Asset Manager role is an opportunity to:

  • Manage a portfolio of high-quality office and multifamily assets on behalf of an affiliated company.
  • Develop and lead the implementation of business strategies for each asset.
  • Assist continued growth of a third-party Asset Management business line.
  • Assist leading and growing a team with a leadership role in various aspects of the asset management functions.


The Asset Manager will be responsible for actively managing a portfolio of office and mixed-use assets to develop strategy, optimize cash flow, and enhance value.

Business Planning, Strategy, and Transaction Management

  • Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition.
  • Model full life cycle of each asset from acquisition through disposition including investor returns under different scenarios.
  • Assist with refinancing and disposition efforts through broker solicitation and selection, negotiation of legal agreements, and closing.
  • Lead and direct third-party property management firms, leasing brokerage firms, legal counsel, transactions teams, and all other third-party service providers to assure financial performance, timely reporting, proactive and high-quality repairs and maintenance, and positive tenant relations.
  • Assist with conducting transaction analysis and support due diligence for new acquisitions. 

Financial Analysis, Oversight, and Investor Reporting

  • Lead the annual budget, business planning, and reforecasting process for each asset.
  • Review monthly property management reports for variance against budget and strategy.
  • Prepare monthly, quarterly, and annual reporting for investor clients and senior leadership.
  • Create cash flow projections, analyze and recommend investor capital calls and distributions.
  • Perform valuations of each asset on a bi-annual basis.
  • Review third-party appraisals for accuracy and consistency.
  • Develop analytical tools to allow leadership to better understand the state of the portfolio.
  • Monitor and maintain compliance with all lender and insurance requirements.
  • Oversee property management teams and accounting of property expenses and CAMs.
  • Collaborate with other departments to improve and document processes and streamline reporting.


  • Establish strategies to drive leasing performance at office and mixed-use assets.
  • Manage relationships with leasing brokers, attorneys, and lenders to negotiate lease terms.
  • Review LOIs and other leasing documents.
  • Draft landlord work letters for leases to be approved by owner.
  • Review outside broker listing agreements.
  • Track ROFOs and ROFRs of existing tenants.
  • Work closely with property managers to transition new tenants into (office) properties.

R&M and Capital Improvements

  • Forecast repair and maintenance budgets and oversee property management to implement a proactive and high-quality maintenance plan.
  • Develop capital improvement strategies, to be approved by owner, and oversee design and construction management activities.
  • Monitor construction progress and ensure TI and CapEx projects are closed out.
  • Negotiate third-party contracts and oversee implementation of capital improvement and "value-add" programs within the portfolio.