United States Job Openings
Cove Capital Investments, LLC
Self Storage Acquisitions and Asset Management Professional
Los Angeles
FULL TIME
November 25, 2024
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.
- 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.
- 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.
Pay: $75,000.00 - $275,000.00 per year
Benefits:
- Health insurance
- Bonus opportunities
- 8 hour shift
- Los Angeles, CA 90096: Relocate before starting work (Required)
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