Director – Asset Manager

The Morgan Group • Houston, TX

7d • Onsite

About The Position

The Morgan Group is seeking a Director – Asset Manager to own execution of asset-level business plans for an assigned segment of its multifamily portfolio. The role partners across Property Management, Development, Legal, Capital Markets, and Accounting throughout the asset life cycle, from acquisition through disposition. The position monitors financial and operational performance, manages budgets and loan compliance, reviews capital expenditures, and develops valuation analyses and hold-or-sell recommendations. It also supports acquisitions and dispositions, produces performance reporting for partners and investors, and turns market and competitive intelligence into actionable recommendations. This is an in-person role based in Houston, Texas, with quarterly portfolio site visits and periodic travel required.

Requirements

• Bachelor’s degree in Real Estate, Finance, Business, Accounting, or a related field.
• 7+ years of experience in multifamily asset management, property management, acquisitions, or commercial real estate finance, with direct exposure to institutional-quality assets.
• Demonstrated track record of monitoring and improving property-level financial performance across a multi-asset portfolio.
• Experience preparing investor, lender, and executive-level reporting and presentation materials.
• Working knowledge of loan compliance requirements, including covenants, debt service coverage ratio tests, reserve draws, and general capital markets fundamentals.
• Ability to manage multiple assets and competing priorities in a fast-paced, deadline-driven environment.
• Advanced Excel financial modeling skills, including dynamic, multi-scenario models.
• Proficiency in Microsoft Word, PowerPoint, and Outlook, including preparation of clear, executive-ready reports and presentations.
• Strong understanding of multifamily operating metrics, including net operating income, occupancy, rent growth, and expense ratios, and how they translate into asset value.
• High attention to detail and accuracy, with exceptional organizational skills.
• Very strong interpersonal skills and ability to build relationships with stakeholders.
• Expert-level written and verbal communication skills.
• Ability to work with minimal supervision with a high degree of discretion and independent judgment.
• Demonstrated ability to achieve high performance goals and meet deadlines in a fast-paced environment.
• Ability to work in person in Houston, Texas, make quarterly site visits to portfolio properties, and travel periodically.

Responsibilities

• Partner with Property Management, Development, Legal, Capital Markets, and Accounting to support collaboration across the asset life cycle, from acquisition through disposition.
• Own execution of asset-level business plans for an assigned portfolio segment and provide property management teams with clear, measurable direction.
• Monitor asset-level financial and operational performance against budget, prior year, and competitive set; identify variances, diagnose root causes, and recommend corrective actions.
• Prepare and present monthly, quarterly, and annual property and portfolio performance reporting for partners and investors.
• Develop and maintain property-level valuation analyses and hold-or-sell recommendations, incorporating market data, capital markets trends, and asset-specific business plans; support materials for Morgan’s Investment Committee.
• Manage annual budgeting for assigned assets, including revenue and expense budgets, capital plans, and marketing and leasing plans, in partnership with property management and regional teams.
• Track and enforce loan compliance, including financial covenants, debt service coverage ratio tests, and reserve draws; coordinate with Capital Markets and lenders to resolve exceptions.
• Review and approve capital expenditure scopes, bids, and budgets, and monitor project timing and cost variances with Construction and Property Management.
• Conduct regular site visits to assess property conditions, capital project progress, and leasing and operational execution; document findings and follow up on action items.
• Support acquisitions and dispositions, including underwriting review, due diligence coordination, and preparation of investment committee materials.
• Monitor local submarket trends, supply pipeline, and competitive positioning, translating market intelligence into revenue and leasing strategy recommendations.

Benefits

• Advancement opportunities
• Training
• Low-cost medical, dental, and vision coverage
• Flexible Spending Accounts (Medical, Limited Purpose, and Dependent Care)
• Health Savings Account
• Voluntary life insurance
• Long-term disability insurance
• Company-paid life insurance
• Company-paid short-term disability insurance
• 401(k) (Traditional and Roth) with company match
• Employee Assistance Program
• Paid time off, including vacation, sick leave, floating holiday, bereavement leave, and holiday schedule
• Referral Bonus Program
• Quarterly Bonus Program

What This Job Offers

• Job Type: Full-time
• Career Level: Director