Senior Asset Manager

VareCo • Des Moines, IA

8d

About The Position

The Firm is seeking a Senior Asset Management to lead the execution of business plans across a growing portfolio of value-add multifamily investments. This individual will be responsible for maximizing asset performance by overseeing in-house and third-party property management teams, managing CapEx projects, and driving operational excellence to exceed projected returns. The ideal candidate combines institutional-level asset management capabilities with an entrepreneurial drive to execute in a fast-paced, high-accountability boutique environment. Balancing high-level strategic thinking with hands-on execution. This person thrives while wearing multiple hats, proactively identifying issues and opportunities, and relentlessly optimizing asset value from acquisition through disposition. About The Firm: Founded in 2016, the Firm is a Denver-based alternative asset manager with multifamily real estate, and private credit platforms. The firm has deep experience investing in private markets and creating value for investors via investing capital directly in firm-managed and across the capital structure (joint-venture, private credit, preferred equity). The firm has strong relationships with investors, primarily serving individual investors, advisors and small-family offices. The firm is vertically integrated in the Multifamily sector via strategic partnership, managing all aspects of property and construction management, with a combined AUM of over $400M. The firm is positioned for strong growth, under leadership and execution of the Director of Investment.

Requirements

• 7–10+ years of experience in multifamily real estate asset management (less experience, but right character/work ethic considered)
• Demonstrated success managing a portfolio of value-add properties and executing business plans to increase asset value
• Proven ability to oversee internal & third-party property managers and drive performance through KPIs
• Strong understanding of real estate financial modeling, budgeting, and variance analysis
• Experience managing CapEx and construction/renovation projects at the property level
• Ability to work independently, make data-driven decisions, and report clearly to senior leadership
• Familiarity with AppFolio, Yardi, RealPage, or similar systems; Excel proficiency required
• Strong interpersonal, communication, and vendor management skills
• Highly organized and resourceful, with a deep ownership mindset

Nice To Haves

• Background in private equity real estate or institutional investment environments
• Exposure to dispositions, refinancing, and investor reporting
• Experience working with opportunistic distressed assets or complex capital stacks

Responsibilities

• Own full-cycle asset management across a portfolio of value-add multifamily investments
• Execute and refine property-level business plans in alignment with pro forma targets and hold strategies
• Drive NOI growth by managing revenue strategies, expense controls, and operational initiatives
• Collaborate closely with property managers to optimize leasing, rent growth, occupancy, and resident retention. Dropping down to the property level as required.
• Oversee CapEx and renovation programs, ensuring timeliness, budget adherence, and ROI tracking
• Monitor operating statements, financial models, KPIs, and budget-to-actual variances monthly and quarterly.
• Perform asset-level forecasting, scenario planning, and hold/sell analyses
• Conduct site visits regularly to inspect physical assets and hold management accountable for execution
• Report regularly to leadership on asset performance, risk exposure, and strategic opportunities
• Maintain dashboards and reporting packages to track and communicate performance internally and to investors. Providing portfolio level and asset level dashboard to management and key stakeholders.
• Recommend adjustments to business plans based on market shifts, property performance, or capital availability.
• Assist with loan compliance, draw packages, tax projections, and audit/tax document coordination
• Contribute to disposition planning and sale execution, including broker management and buyer due diligence support
• Serve as primary point of contact for property managers, construction teams, and consultants
• Collaborate with acquisitions team during underwriting to shape realistic business plans and transition assets post-close
• Support investor relations and capital markets teams with timely data, analysis, and reporting

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 11-50 employees