Asset Manager Cover Letter Example

At Palisade Real Estate Partners I manage a $310 million portfolio of 12 office and retail assets, setting the annual business plan for each property and signing off on capital projects over $50,000. I'm applying for your Asset Manager opening because I want to keep underwriting hold-versus-sell decisions on a portfolio where ownership actually acts on the numbers I bring them.

I repositioned an underperforming 140,000-square-foot office asset by resetting the leasing strategy and approving a $2.1 million common-area renovation, taking occupancy from 68% to 94% over two years and lifting the property's net operating income by $890,000 annually. I also renegotiated loan covenants on two assets ahead of a rate reset, avoiding a forced capital call.

I review monthly financials and variance reports across the portfolio, manage relationships with five third-party property management firms, and build the annual budget and five-year hold models our investment committee approves each cycle. I work daily in Argus and Excel, and I present quarterly portfolio performance directly to our limited partners.

I'd welcome the chance to bring that same underwriting discipline to [Firm name]'s portfolio, whatever mix of assets your team currently holds. I'm available for an interview at your convenience and glad to walk through my hold models.