Asset & Business Development Manager
Raleigh, NC
Position Summary:
The Asset & Business Development Manager will play a dual role: (1) serving as the relationship manager and trusted advisor to property owners under 10 Federal’s third-party management platform, and (2) driving the growth of that platform by sourcing, underwriting, and closing new management agreements. This individual will oversee the performance of a national portfolio of self-storage facilities, while simultaneously building partnerships with prospective owners and investors.
Responsibilities:
- Business Development & Growth
- Drive the expansion of 10 Federal’s third-party management platform by sourcing, evaluating, and securing new management contracts nationwide.
- Build and maintain a robust pipeline of prospective owners through networking, referrals, direct outreach, and industry presence.
- Assist in underwriting and proposal development for new opportunities, coordinating with finance and senior leadership to structure management agreements.
- Represent 10 Federal at regional and national self-storage conferences, trade shows, and networking events, positioning the company as a best-in-class operator and management partner.
- Portfolio & Asset Management
- Serve as the primary relationship manager for third-party property owners, providing transparent communication, operational reporting, and strategic recommendations.
- Monitor facility performance, analyzing P&Ls, occupancy, revenue management outcomes, and NOI drivers to identify trends and improvement opportunities.
- Partner with operations, marketing, and facilities teams to ensure assets meet brand standards and financial objectives.
- Conduct site visits to evaluate conditions, guide capital improvements, and present opportunities for revenue growth and operational enhancements.
- Deliver monthly and quarterly client reporting packages highlighting performance, strategy, and benchmarking against market comps.
Qualifications:
- Bachelor’s degree in Finance, Real Estate, Business, or a related field (MBA or advanced degree a plus).
- 5+ years of experience in asset management, real estate operations, or investment/portfolio management; self-storage experience preferred.
- Proven track record in business development or B2B sales, with success in sourcing and closing new partnerships.
- Strong financial and analytical skills with the ability to build and present complex financial models and pro forma analyses.
- Experience working with CRM systems to manage pipelines, track outreach, and optimize conversion metrics.
- Excellent interpersonal and communication skills, with the ability to present persuasively to owners, investors, and industry stakeholders.
- High urgency and professionalism in client interactions; ability to manage multiple relationships and deadlines simultaneously.
- Willingness to travel nationwide (30–50% of time) to visit properties, attend conferences, and build new business