Asset Manager

Our national multi-family management company seeks a Asset Manager with a "Whatever it Takes" attitude to be responsible for marketing, leasing, and maintaining positive resident relations The Asset Manager is responsible for maximizing the value of a portfolio of multifamily and/or build-to-rent assets through actively overseeing operations, financial performance, and strategic execution. This role focuses on lease-up execution, stabilization, investor reporting, and lender management.

 

REPORTS TO: Head of Investments

 

ESSENTIAL FUNCTIONS:

 

MAJOR FUNCTIONS AND STEPS (IF APPLICABLE) TO PERFORMING THESE FUNCTIONS IN THIS JOB ARE LISTED BELOW IN ORDER OF IMPORTANCE.

 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

· Oversee asset performance relative to underwriting and business plans

· Lead lease-up strategies, including pricing, concessions, and absorption pacing

· Prepare and analyze financial models, budgets, and forecasts

· Lead investor reporting and communications

· Manage lender reporting, loan compliance, and lender relationships

· Coordinate construction drawings and capital projects

· Support acquisitions, dispositions, and refinancing efforts

· Coordinate across property management, development, and accounting teams

 

OTHER ASPECTS OF JOB

 

The Asset Manager may be required to assist in special projects or activities designated by the company. This job description is not all-inclusive and may be modified at any time.

TYPICAL PHYSICAL DEMANDS/ENVIRONMENTAL/WORKING CONDITIONS

 

Incumbents work in an office environment, but also will have frequent exposure to outside elements where temperature, weather, odors, and/or landscape may be unpleasant and/or hazardous. Incumbents must be able to push, pull, lift, carry, or maneuver weights of up to twenty (20) pounds independently. Will be periodically called upon to work long hours including, but not limited to weekends and evenings.

 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

While performing the duties of this job, the employee is regularly required to stand, walk; sit; use hands and talk or hear. The employee is occasionally required to reach with hands and arms and stoop, kneel, crouch or crawl. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus.

 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

The noise level in the work environment is usually moderate.

 

TYPICAL MENTAL CAPABILITIES

Must be able to read and write in English at a college level to prepare paperwork, complete reports and interpret instructions. Must be able to compose letters using proper punctuation and grammar. Must have mathematical skills at college level. Must be able to apply common sense understanding on a continual

basis to determine actions, priorities and prepare computer reports. Decisions are based on standard operating procedures with few deviations. Will have regular contact with all levels of associates and therefore must possess excellent interpersonal skills.

 

Must handle stressful, urgent, novel and diverse work situations daily. Emotional stability and personal maturity are important attributes in this position

 

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete, nor permanent and it may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice.

 

REQUIRED EDUCATION AND TRAINING

DEGREES AND DIPLOMAS

Bachelor’s degree in Real Estate, Finance, Business, or related field. MBA or MSRE preferred.

SPECIFIC SKILLS/EQUIPMENT

Advanced Excel and financial modeling skills. Familiarity with ResMan, RealPage, LRO, and Juniper Square. Strong understanding of real estate financial metrics and loan structures. Strong communication and presentation skills.

 

EXPERIENCE OR SPECIALIZED KNOWLEDGE

5–10 years of experience in asset management, development, acquisitions, or real estate finance. Direct experience managing lease-up assets and driving stabilization is required. Proven experience with investor reporting, lender reporting, loan compliance, and lender relationship management is required