Asset Manager

NexMetro Communities•Phoenix, AZ

About The Position

The Asset Manager is responsible for the financial and operational oversight of a portfolio of institutional-quality, stabilized and lease-up multifamily assets. This role focuses on executing approved business plans, maximizing asset value, and delivering risk-adjusted returns aligned with investor objectives. Serving as the primary owner representative, the Asset Manager partners closely with joint venture partners, lenders, internal teams, and third-party property management companies to monitor performance, drive strategic initiatives, and ensure consistent execution across the portfolio. This role will play a key part in the full asset lifecycle, including budgeting, reforecasting, refinancing, hold/sell analysis, and disposition support, while providing data-driven insights to guide investment decisions.

Requirements

Bachelor’s degree in real estate, Finance, Accounting, Economics, or a related field
4+ years of relevant asset management experience
Experience managing institutional-quality multifamily assets
Exposure to joint venture structures, investor reporting, and third-party property management oversight
Strong analytical and financial modeling skills, including the ability to interpret operating statements, budgets, and proformas
Advanced proficiency in Excel; working knowledge of Word and PowerPoint
Strong communication skills with the ability to influence and collaborate across internal teams and external partners
Self-motivated, detail-oriented, and comfortable operating in a fast-paced, entrepreneurial environment

Nice To Haves

Experience supporting refinancing, dispositions, and capital events strongly preferred
Experience with property management/accounting systems (Yardi preferred)

Responsibilities

Drive financial and operational performance across a portfolio of multifamily assets, with a focus on long-term value creation
Execute approved business plans to optimize NOI and achieve investment objectives
Identify opportunities to enhance revenue, control expenses, and improve overall asset performance
Analyze asset performance relative to original underwriting assumptions and recommend strategic adjustments
Review and analyze monthly financial reporting, including rent rolls, income statements, balance sheets, delinquency reports, and budget vs. actual performance
Lead monthly financial reviews and communicate performance trends and recommendations to internal stakeholders and investors
Build and maintain cash flow projections and sensitivity analyses to support refinancing, budgeting, and hold/sell decisions
Oversee asset-level reporting, including cash flow forecasting, distributions, and working capital management
Analyze and monitor loan structures, covenants, and maturity schedules
Oversee loan administration, covenant compliance, and lender reporting
Partner with internal and external stakeholders on refinancing and capital planning initiatives
Support financial modeling and decision-making related to capital events
Act as the primary liaison with third-party property management teams, ensuring alignment on performance expectations
Oversee portfolio-wide pricing strategy, incorporating market trends, occupancy, and revenue targets
Support lease-up execution and stabilization efforts across applicable assets
Conduct and document property inspections, providing actionable recommendations to improve operations and financial performance
Monitor leasing velocity, expense management, and resident experience metrics
Monitor market trends, competitive positioning, and local economic conditions to inform strategy
Translate market intelligence into actionable recommendations for portfolio optimization
Maintain regular communication with joint venture partners, lenders, and internal stakeholders
Support asset disposition processes, including buyer diligence, data room coordination, and closing activities
Assist with acquisitions, dispositions, and ad hoc portfolio analysis as needed