What are the responsibilities and job description for the Portland, OR Director of Asset Management position at Get It - Finance?
Job Overview
We are seeking a highly skilled Director of Asset Management to lead our diverse portfolio of affordable and market-rate properties in Portland, OR. This pivotal leadership position will involve direct oversight of all facets of the real estate investment cycle, including acquisitions, dispositions, leasing, construction, operations, equity and debt financing, cash flow management, and financial analysis and reporting. You will collaborate closely with senior leadership, including the Chief Operating Officer, Vice President of Property Operations, Chief Financial Officer, Vice President of Real Estate, and Vice President of Acquisitions.
Key Responsibilities
Joining our team means you will be part of a dynamic and supportive work environment that encourages professional and personal development. We value continuous learning and provide opportunities for networking and collaboration, allowing you to expand your skill set and advance your career in the real estate industry.
Company Culture and Values
We pride ourselves on our commitment to excellence in property management, fostering strong communities, and delivering exceptional results. We are dedicated to creating a diverse and inclusive workplace where every individual can thrive.
Compensation And Benefits
Employment Type: Full-Time
We are seeking a highly skilled Director of Asset Management to lead our diverse portfolio of affordable and market-rate properties in Portland, OR. This pivotal leadership position will involve direct oversight of all facets of the real estate investment cycle, including acquisitions, dispositions, leasing, construction, operations, equity and debt financing, cash flow management, and financial analysis and reporting. You will collaborate closely with senior leadership, including the Chief Operating Officer, Vice President of Property Operations, Chief Financial Officer, Vice President of Real Estate, and Vice President of Acquisitions.
Key Responsibilities
- Formulate and refine asset management strategies and frameworks for our property portfolio.
- Execute financial analyses, devise business plans, and supervise significant capital improvement initiatives.
- Oversee key property renovations and manage the disposition and marketing of assets.
- Develop and implement financing strategies for owned assets.
- Manage joint venture partnerships to ensure alignment of objectives and achievement of milestones.
- Lead reporting for capital partners and facilitate investor buyouts and exits.
- Define and implement investment strategies with the goal of maximizing property income, cash flow, and long-term value.
- Track market trends, demographic shifts, and economic indicators to inform investment decisions.
- Collaborate with property management leadership to uphold operational excellence.
- Work alongside acquisitions and development teams to evaluate market conditions, enhance properties, and explore strategic growth opportunities.
- Support company expansion through acquisition, development, and investment activities.
- Direct restructuring, refinancing, and workouts while nurturing robust relationships with lenders and equity partners.
- Communicate portfolio performance, trends, and key insights to senior leadership.
- Represent the firm in industry associations and networking events to stay abreast of best practices and emerging trends.
- Comprehensive background in affordable housing.
- Profound understanding of the Western U.S. real estate market, including supply and demand dynamics, major market players, and economic factors.
- Ability to analyze intricate real estate transactions beyond financial metrics and recognize broader market trends.
- Strong institutional ownership perspective with a proven track record in a principal's role.
- Financially driven mindset complemented by strong analytical and quantitative capabilities, especially in Excel.
- Experience in managing development projects, significant property renovations, and asset repositioning.
- Proficiency in working with lenders and joint venture partners throughout construction and repositioning efforts.
- Excellent written and verbal communication skills.
- Capability to collaborate effectively across departments in a team-oriented environment.
- Bachelor's degree in a relevant field is required; a graduate degree is preferred.
- A minimum of 10 years of experience in the multifamily real estate sector, encompassing leadership roles.
- Proven background in asset management within a real estate investment firm or institutional ownership context.
Joining our team means you will be part of a dynamic and supportive work environment that encourages professional and personal development. We value continuous learning and provide opportunities for networking and collaboration, allowing you to expand your skill set and advance your career in the real estate industry.
Company Culture and Values
We pride ourselves on our commitment to excellence in property management, fostering strong communities, and delivering exceptional results. We are dedicated to creating a diverse and inclusive workplace where every individual can thrive.
Compensation And Benefits
- Compensation: Based on experience.
- Benefits include:
- Medical, vision, and prescription insurance
- Dental insurance
- Medical and dependent care FSA
- Transit and parking FSA
- Life and AD&D insurance
- Long-term disability coverage
- Employer-matched 401(k)
- Paid vacation, sick time, and holidays
- Employee assistance program
Employment Type: Full-Time
