Asset Management - Real Estate Multi-Family Asset Management (West Coast) - Vice President

JPMorganChase•Los Angeles, CA

About The Position

J.P. Morgan Asset Management, the world’s third-largest alternatives manager, offers a 40-year legacy of innovative solutions across market cycles. Our specialized teams, supported by J.P. Morgan's global resources, deliver alternative strategies aimed at achieving specific client outcomes and uncorrelated returns. We provide tailored portfolios across the alternative investment spectrum, including real estate, private equity, credit, infrastructure, and hedge funds. Role Summary As an Vice President on the West Region Asset Management team, you will primarily be responsible for asset managing an existing portfolio and pipeline of multifamily assets. Day to day responsibilities include managing deal teams, including analysts and associates, as well as coordinating with internal (valuations, engineering, research) and external (investors, legal, brokers, property management, and various consultants) teams.

Requirements

6+ years of asset management experience and/or 10+ years of operations experience, with a focus and passion for the multifamily sector required
Data driven and detailed oriented
Experience mentoring and training junior associates and analysts
Exceptional relationship building and negotiation skills
Understanding of fundamental real estate economics and finance principles
Strong written and communication skills
Proactive and creative mindset

Nice To Haves

ARGUS and excel proficiency
Experience with RealPage pricing tools and Yardi
Experience with negotiating and managing commercial leasing (primarily ground-floor retail)

Responsibilities

Cultivate a network of partners, brokerage contacts, and third-party operators to source intelligence and strengthen go-to-market decisions.
Conduct as-needed property tours to benchmark physical upkeep, team effectiveness, and market positioning; translate findings into actionable guidance.
Own monthly P&L reviews, diagnosing outliers and aligning stakeholders on targeted interventions to restore plan performance.
Track and interpret market drivers across assigned geographies—demographics, competitive landscape, pipeline supply, and demand signals—to anticipate risks and opportunities.
Assist acquisitions team with sourcing and underwriting new acquisitions in assigned markets.
Perform due diligence to prepare acquisitions for closing
Build internal consensus on valuations and transactions through proactive communication with all constituencies including the CIO, portfolio management, acquisitions, research, valuations, financial, debt capital markets, development/engineering, and legal/compliance
Lead transaction negotiation and documentation of leasing, capital, and asset dispositions.
Negotiate with a focus on creating value while also identifying and mitigating risk
Exhibit leadership in partnering with other internal teams, and in developing junior team members. You will consistently strive to gain the confidence of senior team members, including portfolio managers and senior acquisitions officers. The candidate will also proactively seek ways to expand Real Estate America’s impact across the company
Create and review financial models for investment valuations using Argus and Excel
Utilize market research and market data to support valuation and investment decisions.
Calculate and review partner promote structures and waterfall distributions
Actively participate in the market, including industry events; partner, broker, tenant, and prospect meetings; and market and competitive set tours
Create and review investment committee presentations for dispositions or major capital recommendations
Proactively provide oversight of property management to position the property to match the business strategy