Vice President, Asset Management & Operations
Captiva Partners acquires, repositions, and operates small-bay industrial properties across the Western United States. We currently own and operate approximately $100 million of industrial real estate in Southern California and Phoenix, serving more than 140 businesses.
We are hiring a Vice President of Asset Management & Operations to own asset-level execution across the portfolio and help scale the business.
This is an opportunity for someone who wants to help build and run a real estate operating company.
WORKING ENVIRONMENT
The environment at Captiva is entrepreneurial, low-bureaucracy, and intentionally lean. We work from a walk-up office in downtown Solana Beach, directly across from the beach.
The culture is informal. The standards are not.
We care deeply about responsiveness, stewardship of investor capital, tenant experience, and doing what we say we are going to do. Our investors include institutional capital partners, family offices, and high-net-worth individuals who trust us to manage their capital with care and transparency.
You’ll work directly alongside the founder and across nearly every part of the business.
THE ROLE
You’ll run day-to-day execution across the portfolio. The job is to turn asset-level business plans into consistent, measurable results.
To do that, you’ll be responsible for leasing, capital projects, property management oversight, budgets, lender coordination, reporting, and the cadence that keeps priorities moving.
This role works closely with property managers, leasing brokers, tenants, contractors, consultants, vendors, lenders, and capital partners. We expect you to have the experience and judgment to take the lead on those relationships quickly.
This is a hands-on role inside a lean company.You will not be stepping into a large asset management team with layers of analysts and associates. You should be comfortable owning the work: managing details, driving follow-up, and building systems that make the business more scalable over time.
A representative week might involve:
• Running a weekly leasing call and working a deal toward signature
• Reviewing and value-engineering a unit renovation proposal
• Meeting with a property manager to review open issues and priorities
• Preparing a budget reforecast or asset-level update
• Updating an asset business plan based on leasing activity, capital projects, and market conditions
• Pressure-testing assumptions on a potential acquisition
• Discussing portfolio performance with lenders or capital partners
• Reviewing details like vendor proposals, insurance requirements, leasing commissions, and project budgets
You’ll also participate in acquisitions through underwriting review, due diligence coordination, lease comparable analysis, business plan review, broker conversations, and deal execution through closing. While this is primarily an operating role, you’ll have meaningful exposure to new investment activity.
In the near term, this role is focused on running asset management across the existing portfolio. As Captiva scales, you will have increasing exposure to new acquisitions and the company-level decisions that drive the next stage of growth.
You should be comfortable creating, reviewing, and modifying financial models, challenging assumptions, and bringing investment judgment to acquisition decisions.
WHY THIS ROLE
Captiva has an established portfolio, a clear strategy, and a track record in multi-tenant industrial, while the platform is still being shaped.
This is a unique seat for someone who wants to help build the machine, not just work inside one.You’ll have real responsibility for how the portfolio is run and the chance to drive value through the assets, relationships, and decisions that shape the company’s growth.
WHO THRIVES HERE
The people who thrive at Captiva are operators. They solve problems without waiting to be told what to do. They take ownership naturally and build better processes as they go. They are equally comfortable with detailed execution and higher-level judgment.
Small-bay industrial is operationally detailed. The work involves frequent leasing activity, unit turns, small-dollar capital decisions, tenant issues, vendor coordination, and constant follow-through. The person in this role knows that these details are not separate from value creation. They are where value is created.
We’re looking for people who are:
• High integrity and high agency
• Resourceful and organized
• Energized by ownership and responsibility
• Low ego and team-first
• Comfortable with ambiguity
• AI- and technology-forward
We care far more about judgment, accountability, and execution quality than title prestige or pedigree.
We are actively using technology, workflow systems, dashboards, and AI to improve reporting, execution, and decision-making across the portfolio. You will help define how the company operates and scales over time.
QUALIFICATIONS
The strongest candidates will likely have:
• 6 years of commercial real estate experience
• Meaningful experience in asset management or portfolio operations within an owner-operator environment
• Direct responsibility for leasing, capital projects, tenant relationships, property management oversight, lender coordination, or similar functions
• Strong financial modeling, budgeting, and analytical skills
• Excellent written and verbal communication skills
• Ability to work in a fast-moving entrepreneurial environment
Industrial experience is strongly preferred. Yardi experience is a plus.
COMPENSATION
Base salary of $140,000 to $160,000, commensurate with experience, plus performance-based bonus and participation in deal economics.
LOCATION
The company is headquartered in Solana Beach, California, and this is an in-person role. Travel to assets and meetings is expected.
APPLY
If you read this and recognize yourself, let’s talk.
Please send your resume and a short note to careers@captivapartners.com explaining why this opportunity interests you.