Senior Real Estate Asset Manager Value Add

About the Department

Franklin Real Asset Advisors (FRAA) is a global investment platform within Franklin Templeton focused on real estate and infrastructure. Since 1984 we have managed private equity real estate and infrastructure investments worldwide. Our teams in New York London and Calgary collaborate to identify opportunities using Franklin Templetons global network. Joining us means working in a dynamic impact-driven environment where you will gain exposure to international markets and innovative investment strategies.

About the Role

The Senior Real Estate Asset Manager will be responsible for overseeing a portfolio of value-add real estate investments across Europe with a strong emphasis on development and redevelopment joint ventures. This role focuses on executing business plans maximizing asset value and managing relationships with operating partners developers and internal stakeholders. The ideal candidate brings deep experience in development projects joint venture management and hands-on asset management across the full lifecycle of an investment.

How Will You Add Value

Asset & Portfolio Management

• Lead asset-level strategy and execution for a portfolio of value-add and development investments

• Drive business plan implementation including leasing capital improvements redevelopment and disposition strategies

• Monitor asset performance relative to underwriting and proactively identify risks and opportunities

• Oversee operating and capital budgets track KPIs and ensure alignment with fund-level return objectives

• Work closely with Impact team to develop and monitor Impact KPIs (Social or Environmental)

Development & Joint Venture Oversight

• Manage relationships with JV partners developers and operating partners

• Review and approve development budgets schedules design plans and major contracts

• Monitor construction progress cost controls change orders and risk mitigation strategies

• Ensure compliance with JV agreements including governance approval rights and reporting requirements

Financial Analysis & Reporting

• Analyse financial performance including cash flow IRR and equity multiples

• Review and challenge partner reporting development draws and capital calls

• Prepare internal investment update memos valuation updates and performance reports for senior management and investors

Transaction Support

• Support quarterly valuations and assist with fund-level reporting

• Support the investment team in the asset acquisitions process including underwriting and technical/impact due diligence by identifying asset specific impact initiatives

• Provide asset management input on business plans development assumptions and operating strategies

• Support refinancings recapitalizations and dispositions

Stakeholder Management

• Holds ultimate responsibility for each investment

• Serve as primary point of contact for JV partners and third-party operators

• Collaborate cross-functionally with acquisitions capital markets legal and investor relations teams

• Present asset performance and strategy updates to internal committees and external investors

What Will Help You Be Successful In This Role

• Degree in Real Estate Finance Business or related field or technical background with extensive business experience

• Extensive experience in value-add real estate asset management with a focus on value-add and development projects

• Strong experience managing joint ventures and working with external development partners

• Deep understanding of development processes & construction management

• Advanced financial modelling and analytical skills (Excel proficiency required)

• Strong knowledge of real estate markets leasing dynamics and capital structures

• Strategic thinking with strong execution capability

• Ability to manage complex multi-phase development projects

• Commercial judgment and risk assessment

• Experience within a private equity real estate fund or institutional investment manager (preferred)

• Exposure to multiple asset classes (preferred sectors healthcare residential education)

• Track record of successfully executing value-add or development business plans (preferred)

• Pan-European experience and European language skills (preferred)

ClearBridge is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing employees and we evaluate qualified applicants without regard to ancestry age color disability genetic information gender gender identity or gender expression marital status medical condition military or veteran status national origin race religion sex sexual orientation and any other basis protected by federal state or local law ordinance or regulation.

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Required Experience:

Manager

Employment Type : Full-Time
Experience: years
Vacancy: 1