Asset Manager Associate

Description

Job Summary:

We are seeking a highly skilled and experienced Multifamily Portfolio Asset Manager Associate to assist our team in leading our portfolio of multifamily properties to greater levels. This individual will play a pivotal role in maximizing the value of the portfolio, utilizing strong financial acumen, industry knowledge, and team leadership. The ideal candidate will possess a deep understanding of the multifamily real estate sector and have a track record of managing large, diverse portfolios effectively.

Essential Duties and Responsibilities:

• Assist in managing a portfolio of residential, commercial, or mixed-use real estate assets.
• Monitor property performance metrics, including occupancy rates, cash flow, and return on investment (ROI).
• Implement strategies to enhance asset value and mitigate risks.
• Conduct financial modeling, forecasting, and valuation analyses for real estate assets.
• Prepare and analyze property budgets, financial statements, and operational reports.
• Evaluate capital expenditure proposals and investment opportunities.
• Review and negotiate lease agreements in collaboration with property managers and legal teams.
• Ensure compliance with lease terms and resolve tenant-related issues.
• Conduct market research to identify trends, risks, and opportunities in the real estate industry.
• Provide recommendations for acquisitions, dispositions, and portfolio diversification.
• Work closely with property management teams, investors, brokers, and other stakeholders.
• Communicate performance updates and strategic recommendations to senior management and investors.
• Ensure compliance with local, state, and federal regulations regarding real estate operations.
• Identify and mitigate potential risks related to the portfolio.

Required Skills/Qualifications:

• Minimum of 2-3 years of experience in multifamily property/asset management, with a track record of successfully managing large, complex portfolios in multiple states.
• Strong financial analysis skills and experience working with complex financial models and data within excel spreadsheets.
• Knowledge of multifamily industry trends, market conditions, and best practices.
• Excellent communication, interpersonal, and leadership skills
• Ability to work independently and collaboratively in a fast-paced, dynamic environment.
• Willingness to travel as needed to visit properties.
• Valid Driver's License

Preferred Skills/Qualifications:

• Bachelor's degree in business, real estate, finance, or related field; MBA or other advanced degree preferred.

What We Have to Offer:

• Medical, Dental, Vision, Disability and Life Insurance
• Employee Wealth Program
• 401K Plan
• Generous PTO
• Growth Opportunities

Qualifications