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Remote Director of Asset Management - 2826 | WFH

Get It - Real Estate
New York, NY Remote Full Time
POSTED ON 2/4/2025
AVAILABLE BEFORE 3/6/2025
Job Overview

We are seeking a highly qualified Director of Asset Management to join our esteemed organization in a fully remote capacity. This role is ideal for an accomplished real estate professional with extensive experience in multifamily housing who is eager to make a significant impact and lead a diverse portfolio of properties. If you possess a strategic mindset, exceptional financial analysis skills, and a dedication to fostering vibrant communities, we encourage you to explore this opportunity.

Key Responsibilities

  • Oversee a varied portfolio encompassing both affordable and market-rate properties, shaping investment strategies to enhance the availability of quality housing.
  • Direct the asset management function throughout all phases of the real estate investment lifecycle, including acquisitions, dispositions, leasing, and operations.
  • Formulate and refine asset management guidelines and methodologies.
  • Manage a segment of the asset management portfolio autonomously.
  • Develop hold/sell analyses and annual business plans.
  • Evaluate and manage significant capital improvement projects.
  • Supervise the marketing and disposition of assets.
  • Analyze and coordinate financing strategies.
  • Calculate and manage cash distributions, and oversee joint venture partnerships.
  • Facilitate Limited Partner buyouts and exits.
  • Prepare comprehensive reports for capital partners.
  • Establish investment strategies and business plans tailored to each asset.
  • Forecast income, expense projections, capital requirements, and perform risk-return analyses.
  • Attain expertise in market dynamics for assigned geographies and property sectors.
  • Collaborate with the Vice President of Property Operations to ensure consistent property management performance.
  • Work closely with the Vice President of Acquisitions and Development to provide insights on proposed rents, expenses, and market analyses.
  • Advise on investment decisions and support various investment activities.
  • Lead the coordination and execution of workouts, restructures, and refinances.
  • Maintain robust communication across organizational departments and prepare reports for senior leadership and clients.
  • Network with industry peers in multifamily and commercial real estate.

Required Skills

  • Bachelor’s degree required; a graduate degree is highly preferred.
  • Minimum of 10 years of progressive experience in the multifamily sector, with demonstrated leadership capabilities.
  • Essential experience in multifamily real estate asset management is required, along with a background in affordable housing.
  • Familiarity with Western US markets is expected.
  • Strong analytical and quantitative aptitude.
  • Experience in asset development and significant repositioning, along with property dispositions.
  • Experience in collaborating with lenders and managing joint venture partnerships is advantageous.
  • Knowledge of development and construction practices is beneficial.
  • Proven ability to provide visionary leadership.
  • Proficient in Microsoft Office, particularly advanced Excel skills.
  • Superior written and verbal communication and organizational abilities.
  • Capacity to effectively interface with all levels of the organization and personnel.

Company Culture And Values

Join a recognized Top Workplace that emphasizes employee value and promotes a collaborative culture focused on growth and community engagement. We are committed to supporting the communities we serve and foster a work environment that encourages personal and professional development. Our organization values diversity and inclusion, and we actively contribute to housing and education initiatives.

Career Growth Opportunities

This position presents a unique opportunity to play a pivotal role in shaping the company’s growth through impactful investment decisions and long-term strategic planning. As a leader in asset management, you will have the ability to guide a high-caliber team and drive initiatives that enhance community quality and engagement.

Employment Type: Full-Time

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