Associate, Asset Management (HQ)
Company: Faropoint
Location: Hoboken
Posted on: April 1, 2026
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Job Description:
About Faropoint Meaningful Relationships. Ownership. Curiosity.
Tenacity. Established in 2012, Faropoint is a pure play RE fund
manager focusing on the last mile industrial sector. Having
acquired more than 500 warehouses to date, it is the most active
aggregator of warehouses in the US in the past five years. Our
platform is built to harness the sector’s fragmentation, operating
through 7 regional offices with 120 employees in vertically
integrated teams enhanced by proprietary AI-driven tools, while
benefiting from compelling fundamentals like constrained supply
growth, reshoring, and e-commerce tailwinds. Job Summary The
Faropoint Investments Team is expanding, and we are looking for an
ambitious and motivated Asset Manager to cover our Northeast Region
from the Hoboken NJ HQ. The ideal candidate would have 3-6 years of
Asset Management experience, looking to expand their knowledge and
experience to Real Estate Private Equity. Responsibilities Manage
industrial assets from a property/asset management perspective.
This may include: tenant support, written reports, updating tech
platforms, record keeping, and tenant relations. Maintain
properties by scheduling ongoing routine maintenance. Coordinate
maintenance technicians and construction management schedules.
Prepare and coordinate bid proposals, service contracts, and
invoices. Assist in scheduling tenants’ maintenance requests.
Prepare and code invoices for PM/AM approval. Manage and assist in
accounts receivable and accounts payable. Assist in lease
administration such as maintaining tenant contacts, tracking
insurance, collections, and tracking property inspections. Assist
in the leasing process, including market analysis, comparative
analysis, and negotiations. Lead workflows conducting transaction
analysis and due diligence for new acquisitions and onboarding new
properties. Assist on all aspects of industrial real estate
appraisals and operational budgets, including rental rates,
discounted cash flows, and capital work. Assist with monthly and
quarterly reporting to investors. Required Qualifications Ideal
candidate will have 3 years of experience as a Property Manager /
Asset Manager in the industrial/commercial real estate industry.
Bachelor's Degree in Finance, Real Estate or related field.
Proficiency in Microsoft Office including advanced Excel skills.
Ability to give and take direction and to interface with decision
makers in a professional manner while maintaining confidentiality.
High learning agility with an ability to manage multiple priorities
while working in a fast-paced and dynamic environment. Demonstrates
attention to detail and a high level of accuracy. Self-starter who
independently drives projects to completion by self-sourcing
information and leveraging all available resources. Willingness to
travel 10-15% of the time Knowledge of finance concepts including
an understanding of financial statements. Personal and professional
integrity of the highest order required. Compensation: This
position offers a base salary in the $95,000-$130,000 range, plus
discretionary bonus, competitive healthcare benefits, unlimited
PTO, and a 401k match. Equal Opportunity Employer Faropoint is
proud to be an Equal Opportunity Employer. We value diversity, and
we do not discriminate on the basis of race, religion, color,
national origin, gender, sexual orientation, age, marital status,
veteran status, parental status, disability status, or any other
status protected by local law. We believe that our work is better
and our company culture is improved when we encourage, support, and
respect the different skills and experiences represented within our
workforce.
Keywords: Faropoint, West Orange , Associate, Asset Management (HQ), Accounting, Auditing , Hoboken, New Jersey