Director of Asset Management

Enclave Companies•West Fargo, ND

54d•Onsite

About The Position

The Director of Asset Management is a strategic leader responsible for optimizing the long-term performance and positioning of Enclave's commercial and multifamily real estate investments. This role drives asset strategy, broker management, risk identification, refinancing execution, and third-party property management oversight. The Director partners with internal stakeholders and leadership to provide recommendations, align execution with General Partner intent, and ensure assets meet or exceed financial, operational, and investment goals.

Requirements

Bachelor's degree in business, finance, real estate, or a related field required
7-10+ years of progressive leadership experience in real estate or asset management
Experience managing and executing real estate transactions across a variety of asset types required
Deep expertise in asset enhancement strategies and financial performance optimization for multifamily and commercial portfolios.
Strategic vision and business acumen, with the ability to anticipate market shifts and align asset management initiatives with organizational goals.
Skilled in negotiation, conflict resolution, and influencing outcomes in complex transactions and team dynamics.
Advanced analytical, problem-solving, and decision-making skills, leveraging data to drive portfolio growth and mitigate risk.
Proficiency in asset management and financial modeling software, with a high level of fluency in technology.
Proven ability to lead, mentor, and develop high-performing teams, fostering accountability, engagement, and professional growth in a fast-paced environment.
Strong relationship-building and stakeholder engagement skills, fostering collaboration with internal teams, external partners, and executive leadership.
Commitment to continuous improvement, ethical judgment, and delivering measurable results through disciplined project and priority management.

Responsibilities

Develop and communicate a clear roadmap for portfolio growth, value creation, and risk mitigation, ensuring alignment with ownership and organizational objectives.
Implement systems to categorize stage and status of assets, using data-driven analysis to proactively identify opportunities and challenges.
Identify opportunities and manage disposition transactions from broker selection through closing, ensuring optimal timing and value realization.
Oversee the development and execution of success strategies for focused assets, collaborating with cross-functional teams to drive performance and protect value.
Define success metrics for financial, operational, and investment outcomes, and drive consistent, high impact reporting to executive leadership.
Build and maintain high-value connections with commercial brokers, third-party property managers, and other external stakeholders to advance leasing, sales, and land disposition objectives.
Oversee the development and execution of leasing and sales plans, ensuring optimal tenant mix, absorption rates, and alignment with market trends.
Facilitate seamless collaboration between brokers, property managers, and internal development and operations teams to support asset transitions and maximize portfolio outcomes.
Drive clear expectations and accountability measures for external partners, regularly assessing results and adjusting as needed.
Develop and execute strategies for refinancing, loan extensions, and capital deployment to optimize financial flexibility and support portfolio growth.
Direct the property tax management cycle, including valuation reviews and appeals, to minimize tax liabilities and enhance asset performance.
Provide strategic recommendations to inform investment decisions and drive portfolio success.
Collaborate closely with Accounting, Development, Investor Relations, Legal, Property Management and other departments to achieve shared business objectives.
Provide high-level oversight for budgeting, capital planning, investor communications, and other cross-functional projects.
Encourage innovation, knowledge sharing, and process enhancements across the organization to drive operational excellence and portfolio growth.
Lead, mentor, and develop the Asset Management and Commercial Management team, fostering a culture of accountability, collaboration, and continuous improvement to achieve portfolio and organizational objectives
Perform other duties as assigned
All employees are responsible for the general upkeep of work and shared spaces
Punctual and regular attendance is required of all employees