Vice President, Portfolio Management

Hudson Pacific Properties - Los Angeles, CA4.8

Full-timeEstimated: $120,000 - $180,000 a year
Hudson Pacific Properties (NYSE: HPP) is seeking a Vice President, Portfolio Management to lead and oversee all aspects of the property management team for the assigned Class A office portfolios/properties in the Los Angeles region by developing, implementing and executing customized asset management strategies, leading property operations, monitoring and reporting on the financial performance of the portfolio, ensuring quality customer service and support, and recruiting, developing and training of the staff. This position reports to the Senior Vice President, Southern California.

Responsibilities include:
Provide strong leadership, training, and mentoring to motivate the regional team and accomplish portfolio objectives.
Maximize total return for each assigned asset through the analyses of property efficiencies and identifying opportunities for improved performance and value creation.
Review and follow-up on weekly and monthly financial reports for the properties.
Work closely with portfolio managers, property managers and the leasing team to provide direction for and oversight of budgets, forecasts, leases, cost-benefit analyses and approvals.
Supervise regional property management staff, recruit and integrate new hires within the region, and mentor existing staff to ensure a cohesive and collaborative team across the region.
Assist portfolio managers and property managers to solve day-to-day operations challenges, which include administration, leasing, tenant improvement/ construction, engineering, and tenant relations.
Coordinate with the Accounting Department to ensure that operating results and other reporting requirements are completed accurately and on time.
Interface with the Leasing Department to negotiate and maintain leases.
Develop and maintain local market relationships and represent the Hudson Pacific brand through participation in industry organizations and networking events.
The successful candidate will be a highly motivated, highly organized, diligent, creative, and focused self-starter. Bachelor’s Degree required and MBA highly valued. 15+ years of experience in the commercial real estate industry with a background in property operations of Class A office buildings. Must have excellent financial analysis (NPV, IRR, lease comparison, ROI, DCF modeling, payback, financial statement analysis, etc.) and strong reporting skills. Candidates should have direct supervisory experience of more than 10 direct reports with the ability to coach and train staff.

Hudson Pacific Properties is a vertically integrated real estate company focused on acquiring, repositioning, developing and operating high quality office and state-of-the-art media and entertainment properties in select West Coast markets. Hudson Pacific invests across the risk-return spectrum, favoring opportunities where it can employ leasing, capital investment and management expertise to create additional value. Founded in 2006 as Hudson Capital, the company went public in 2010, electing to be taxed as a real estate investment trust. Through the years, Hudson Pacific has strategically assembled a portfolio in high growth, high-barrier-to-entry submarkets throughout Northern and Southern California and the Pacific Northwest. The company is a leading provider of design-forward, next-generation workspaces for a variety of tenants, with a focus on Fortune 500 and leading growth companies, many in the technology, media and entertainment sectors. As a long-term owner, Hudson Pacific prioritizes tenant satisfaction and retention, providing highly customized build-outs and working proactively to accommodate tenants’ growth.