Senior Multifamily Asset Manager

Fifteen Group Capital, LLC • Los Angeles, CA

73d • $150,000 - $175,000

About The Position

Fifteen Group Capital LLC is seeking a Senior Multifamily Asset Manager to lead performance and value creation across its 1,200+ unit Los Angeles multifamily portfolio. The role involves significant onsite work and close collaboration with property management staff. The successful candidate will set asset management strategy, own portfolio financial performance, establish business plans and operating standards, oversee capital programs to reposition properties, and provide analysis for financing decisions. The role also supports the acquisitions team on new investments as needed. As the platform grows, the position may develop into building and leading an asset management team.

Fifteen Group Capital is a real estate private investment firm formed in 1992, with offices in Miami and Los Angeles. It focuses on opportunity-driven, value-added acquisitions across multifamily, commercial, and mixed-use assets in Florida, Texas, California, and the broader Sunbelt. The firm describes itself as a lean, high-performing team and offers direct exposure to senior leadership and the opportunity to grow within an expanding platform.

Requirements

• At least 5 years of experience in multifamily asset management, real estate private equity, or a related property operations role.
• Demonstrated track record executing asset-level business plans and conducting financial analysis for multifamily properties, particularly Class B/C assets.
• Hands-on experience implementing site-level initiatives to improve operations and drive value creation.
• Bachelor’s degree in Finance, Real Estate, Business, or a related field.
• Strong analytical and financial modeling capabilities, including the ability to synthesize complex data into actionable recommendations.
• Ability to work independently with minimal oversight and take ownership of a portfolio.
• Strategic thinking and sound decision-making across multiple priorities, including under pressure.
• Exceptional communication skills, with the ability to tailor analysis and strategy to technical and non-technical audiences.
• High integrity, professionalism, discretion with confidential information, and attention to detail.
• Entrepreneurial mindset suited to a fast-paced, high-growth environment and ability to analyze real-time data and make business-plan recommendations.
• Advanced Excel proficiency for financial modeling, cash-flow forecasting, budgeting, variance analysis, and ad hoc operational analysis.
• Experience and comfort working in Yardi, including reviewing and pulling rent rolls, box scores, traffic summary reports, financial statements, receivables reports, and accounts payable reports.

Nice To Haves

• Exposure to large multifamily portfolios and value-add investment strategies.
• Background with institutional investors, private equity, or family office real estate.
• Experience with the Los Angeles multifamily market.
• MBA or MSRED.

Responsibilities

• Lead performance and value creation across the Los Angeles multifamily portfolio of more than 1,200 units.
• Spend significant time onsite and collaborate closely with property management staff.
• Set asset management strategy and take ownership of assigned assets and portfolio performance.
• Develop asset-level business plans and define operating standards for property managers.
• Oversee capital programs that reposition properties.
• Conduct financial analysis to inform financing decisions.
• Partner with property management on operational strategy and implement site-level initiatives to improve operations and create value.
• Support the acquisitions team on new investments as needed.
• As the platform grows, build and lead an asset management team beneath the role.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• 401(k) with company match
• Paid time off
• Paid holidays
• Annual performance bonus
• Opportunity for career growth within an expanding investment platform
• Direct access to firm principals and daily interaction with the VP of Asset Management

What This Job Offers

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