Preservation Asset Manager

Raymond James•Saint Petersburg, FL

22h

About The Position

In a role with significant autonomy, this position leverages specialized knowledge and skills gained through experience, training, or certification to manage a portfolio of multifamily assets. As Asset Manager for the Investor Limited partner, the primary goal is to work with the general partner to optimize performance and investment objectives, including monitoring property management operations. With a strategic focus on driving profitability and property operations, the role ensures the longterm sustainability of portfolio assets. When complex issues arise, this position works with the general partner and the managing agent to devises and implements solutions that provide best possible outcomes for the investor. The ability to work independently on broad tasks is essential, requiring originality and accountability in decision making. This role also involves leading specific projects or workstreams of moderate scope and complexity, requiring the identification, research, and resolution of intricate problems.

Requirements

Knowledge of: The company's operational framework, policies, mission, and strategic approaches, ensuring alignment with organizational objectives.
Concepts, principles, and practices in multi-family real estate operations, including property inspections, leasing, management, maintenance, and regulatory compliance.
Knowledge of real estate finance.
Execution of financial analyses and investment strategies.
Familiar with institutional investment strategies and partnership structures Facilitating effective collaboration and financial growth .
Accounting principles, accurate financial reporting, and budget management.
Skilled in: Multifamily revenue management
Analytical abilities paired with financial acumen, enabling data interpretation and fiscal strategy development.
Understanding and utilization of Asset Management organization and portfolio management systems.
Time-management skills, prioritizing, and orchestrating tasks .
Critical thinking skills to evaluate scenarios, devise solutions, and influence outcomes.
Organizational and communication skills in both written and verbal forms.
Navigating and interpreting legal documents, employing document management technology, and financial modeling techniques.
Questioning and active listening skills .
Implement a structured follow-up system to ensure resolution and timely completion of tasks.
Operate office equipment and master software applications to produce correspondence, reports, electronic communications, and spreadsheets.
Ability to: Promote team unity .
Communicate intricate issues to a diverse audience .
Interpret and apply organizational policies while seeking opportunities to recommend and facilitate beneficial changes.
Organize, manage, and track detailed tasks and assignments amidst shifting priorities.
Demonstrate readiness to act and take initiative .
Navigate work independently with self-direction, while also engaging collaboratively within a team to achieve common goals.
Identify essential tasks, develop timelines, and execute strategies with efficiency and mindfulness.
Build and maintain working relationships at all organizational levels.
Project a positive and professional demeanor.
Articulate information clearly and persuasively through both formal and informal documentation.
Utilize analytical skills to identify relationships, draw logical conclusions, and interpret results.
Bachelor's Degree (B.A.) in related field and a minimum of seven (7) years of relevant real estate experience including physical property site inspections and interpreting financial statements.
Must have a valid drivers' license and be eligible for coverage under the firm's Vehicle Fleet Safety Policy to drive on company business.

Responsibilities

Manages assigned investment properties, ensuring optimal performance and alignment with portfolio objectives, with a focus on profitability.
Conducts site visits to assess the physical state and operational practices of properties.
Gathers, analyzes, and produces reports and documents as required.
Formulates and executes strategies to address delays in report delivery.
Identifies partnerships for Watchlist designation and devises strategies to mitigate risks and resolve issues.
Maintains relationships with stakeholders.
Reviews and monitors quarterly operational reports using predefined metrics.
Investigates market trends and industry shifts.
Demonstrates market and investment acumen during interactions with partners and investors.
Engages in independent problem-solving.
Evaluates and underwrites proposed deal changes, providing analysis and recommendations to the investment committee and investors.
Maintains up-to-date property activity records within the portfolio management system.
Completes internal and external reports with precision and accuracy, ensuring timely delivery.
Conducts research and crafts responses to investor inquiries.
Participates in and leads team initiatives.
Adapts to evolving organizational needs by undertaking additional duties and responsibilities as required.