Asset Manager

This Jobot Job is hosted by: Scott Filbin
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Salary: $100,000 - $115,000 per year

A bit about us:

Leading real estate investment firm with a $700 million portfolio focused on Class A multifamily properties. The firm is committed to excellence in property management, investment performance, and professional growth. We are seeking a motivated professional with 3+ years of relevant experience to take the next step in their career and grow into a leadership role within the asset management team. This is a unique opportunity to be mentored by industry leaders while working on a high-quality institutional portfolio.

Why join us?

• Competitive compensation package, including performance-based incentives.
• A structured mentoring and professional development program to help you grow into a leadership role.
• Comprehensive benefits, including health, dental, and retirement plans.
• A collaborative, supportive environment that values innovation and career growth.

Job Details

Position Overview:
The Asset Manager will oversee and optimize the performance of the company's Class A multifamily assets. This role requires a detail-oriented professional with strong financial and analytical skills, a deep understanding of multifamily operations, and the drive to grow into a leadership position. The ideal candidate will bring hands-on experience in multifamily real estate and a passion for achieving investment objectives.

Key Responsibilities:
Portfolio Management

• Assist in the development and execution of asset-level business plans to drive operational and financial performance.
• Monitor property performance metrics, including occupancy, rent growth, NOI, and expenses, to ensure alignment with investment goals.
• Identify opportunities to enhance value through leasing, capital improvements, and market repositioning.

Financial Analysis & Reporting

• Conduct detailed financial analysis, including variance reporting, budgeting, and forecasting.
• Prepare regular performance reports for senior leadership and investors.
• Analyze market trends and competitive landscapes to inform strategic decision-making.

Operational Oversight

• Collaborate with property management teams to ensure operational excellence and adherence to business plans.
• Support lease negotiations and renewals to maximize revenue and tenant satisfaction.
• Oversee capital expenditure projects, ensuring timely and cost-effective execution.

Stakeholder Collaboration

• Work closely with acquisitions teams during property onboarding to align expectations and ensure a smooth transition.
• Partner with external property managers, lenders, and other stakeholders to maintain high-quality operations and compliance.
• Communicate regularly with senior leadership, providing actionable insights and recommendations.

Professional Development

• Actively participate in training and mentoring programs designed to develop leadership and advanced asset management skills.
• Take on increasing levels of responsibility with the goal of growing into a senior asset management role.

Qualifications:

• Bachelor's degree in Real Estate, Finance, Business Administration, or a related field. Advanced certifications (e.g., CFA, CPM) are a plus.
• 3+ years of experience in real estate, asset management, or property operations, with a focus on institutional Class A multifamily properties.
• Strong understanding of financial analysis, including underwriting, budgeting, and forecasting.
• Proficient in financial modeling and property management software (e.g., Excel, Argus).
• Excellent problem-solving, analytical, and communication skills.
• Demonstrated ability to work collaboratively and take initiative in a team environment.
• Knowledge of multifamily market dynamics and operational best practices.

Interested in hearing more? Easy Apply now by clicking the "Apply" button.