Asset Manager Jobs

About The Position

Requirements

• At least 5 years of experience in multifamily asset management, real estate finance, investments, property management, or related fields.
• Experience managing multifamily residential assets and overseeing third-party management companies.
• Strong understanding of multifamily operations, financial analysis, and real estate investment principles.
• Bachelor’s degree in Finance, Real Estate, Business Administration, Economics, or a related field.
• Advanced financial modeling and analytical skills.
• Proficiency in Microsoft Excel and real estate software platforms.
• Strong understanding of property-level financial statements and performance metrics.
• Knowledge of multifamily market dynamics and valuation methodologies.
• Excellent communication, presentation, and stakeholder management skills.
• Ability to manage multiple assets and priorities simultaneously.
• Strong problem-solving and strategic thinking capabilities.

Responsibilities

• Develop and execute asset-level business plans to optimize property value and investment returns.
• Monitor portfolio performance against budgets, forecasts, and investment objectives.
• Identify opportunities to increase revenue, reduce expenses, and improve operational efficiency.
• Evaluate market conditions, competitive properties, and economic trends to inform strategic decisions.
• Recommend hold, refinance, recapitalization, or disposition strategies.
• Review and analyze monthly financial statements, variance reports, and key performance metrics.
• Prepare annual operating budgets and capital expenditure plans.
• Develop and maintain financial models, cash flow projections, and investment analyses.
• Monitor property-level NOI, occupancy, rent growth, collections, and expense performance.
• Work with accounting teams to ensure accurate financial reporting.
• Oversee third-party or internal property management companies.
• Conduct regular operational reviews and property visits.
• Evaluate leasing performance, resident retention, maintenance operations, and service levels.
• Ensure properties comply with ownership standards and business plan objectives.
• Collaborate with regional managers and onsite teams to address operational challenges.
• Identify and manage renovation, repositioning, and capital improvement projects.
• Review project budgets, timelines, and return-on-investment expectations.
• Coordinate with contractors, consultants, and property management teams.
• Monitor capital project execution and financial performance.
• Prepare quarterly and annual asset performance reports.
• Present recommendations and performance updates to ownership, investors, and senior leadership.
• Support lender reporting requirements and financing activities.
• Assist with due diligence for acquisitions, refinancing, and dispositions.
• Analyze market trends, demographic data, and competitive property performance.
• Conduct rent studies and evaluate pricing strategies.
• Assess acquisition opportunities and support underwriting efforts.
• Track portfolio KPIs and benchmark performance against market standards.

Benefits

• Profit-sharing bonus program
• 401(k) employer match up to 4%
• Medical, dental, and vision insurance, including HDHP HSA plans at no cost for employees only
• Employer-paid long-term disability insurance
• Employer-paid life insurance
• Employee assistance program
• Voluntary short-term and supplemental life insurance
• Paid time off: 112 hours after 90 days
• Holiday pay for 12 holidays
• Training and education
• Events, awards, and activities