United States Job Openings

Cove Capital Investments, LLC

Self Storage Acquisitions and Asset Management Professional

Los Angeles

FULL TIME

November 25, 2024

Job Title: Self-Storage Acquisition & Asset Management Professional
Company: Cove Capital Investments
Location: Los Angeles, CA

About Cove Capital Investments:
Cove Capital Investments is a leading provider of 1031 exchange-eligible DST offerings and cash investment opportunities for investors. Our portfolio spans across the United States. We pride ourselves on our commitment to our investors.

Position Summary:
We are seeking an experienced Self-Storage Acquisition & Asset Management Professional to join our team. The ideal candidate will lead the acquisition, repositioning, and management of self-storage facilities across the United States. This role is instrumental in managing our self-storage portfolio on behalf of Cove Capital's investor base.

Key Responsibilities:
  • Acquisition:
  • Identify and evaluate self-storage acquisition opportunities nationwide.
  • Conduct due diligence, including market analysis, property inspections, and financial modeling.
  • Negotiate purchase agreements and collaborate with legal, finance, and operations teams to close transactions efficiently.
  • Repositioning:
  • Develop and execute value-add strategies to enhance property performance, including renovations, operational improvements, and market repositioning.
  • Partner with third-party vendors and contractors to oversee property upgrades and maintenance.
  • Asset Management:
  • Oversee day-to-day operations of the self-storage portfolio, ensuring optimal occupancy, revenue, and NOI performance.
  • Monitor and analyze key performance metrics to identify opportunities for improvement.
  • Build and maintain strong relationships with property management teams, tenants, and other stakeholders.
Qualifications:
  • Proven track record of successful self-storage acquisitions, repositioning, and asset management.
  • Minimum of 5 years of experience in self-storage or commercial real estate.
  • Strong knowledge of the self-storage market, trends, and operational best practices.
  • Expertise in financial modeling, valuation, and real estate underwriting.
  • Excellent negotiation, project management, and leadership skills.
  • Ability to travel periodically within the United States.
What We Offer:
  • Competitive salary and performance-based bonuses.
  • Collaborative and entrepreneurial company culture.
  • The chance to work with a team dedicated to delivering value potential to investors and making a significant impact in the real estate investment space.
Job Type: Full-time
Pay: $75,000.00 - $275,000.00 per year
Benefits:
  • Health insurance
Compensation Package:
  • Bonus opportunities
Schedule:
  • 8 hour shift
Ability to Relocate:
  • Los Angeles, CA 90096: Relocate before starting work (Required)
Work Location: In person
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