Asset Management Associate - SFR

The Opportunity:

We are seeking an Asset Management Associate to drive the strategic oversight, operational success, and performance of a growing single-family rental portfolio. This vital role offers the chance to shape SFR communities from acquisition through ownership, guiding property management teams to deliver exceptional resident experiences and robust business results. The Asset Management Associate will collaborate with senior leadership to monitor metrics, refine strategies, and negotiate with vendors, ensuring operational goals align with market dynamics and investor expectations. Based in a thriving real estate market, this position blends analytical rigor with hands-on leadership in a fast-paced, innovative environment.

The Firm:

Macdonald & Company is proud to partner with a premier real estate investment firm in Charlotte, NC, renowned for its mastery in single-family rental development, to appoint an Asset Management Associate. With a portfolio spanning thoughtfully managed residential communities, the firm leverages its operational expertise and strategic vision to deliver value across diverse regions. Actively expanding through smart investments and a commitment to quality, this organization is a trailblazer in providing exceptional SFR assets within one of the nation’s most exciting real estate landscapes.

Key Responsibilities:

• Assist with the development, implementation and adjustment of each community’s business plan
• Assist with identifying the best property management firms for each community
• Assist VP with preparing each community rollout schedule to ensure management and marketing strategies are in place well before units are delivered
• Assist the acquisition team with operational proformas and market analysis
• Conduct property visits/inspections and provide updates to management on operations and resident satisfaction
• Conduct regular site visits as needed to include but not limited to review of: comparable properties, existing on-site personnel, curb appeal, status of ongoing construction, common area, and vacant unit inspections
• Preparation and maintenance of weekly reporting for pipeline and management meetings
• Ensuring property managers provide superior customer service and communication to our residents and prospects to enhance customer satisfaction and increase renewals, revenue, reputation and profitability
• Making recommendations on revenue enhancement with your thorough understanding and analysis of competition and development of creative marketing programs
• Assist VP with major vendor contracts and pursue portfolio wide expense reductions through vendor bidding
• Work collaboratively with property management teams to identify challenges and recommend timely and effective solutions
• Assist in monthly loan draw and unit closing process across the portfolio as needed
• Assist in preparing quarterly investor reports as well as quarterly and annual valuations
• Work with other SFR team members to provide updates to investors on asset level performance and projections on an ad-hoc basis
• Perform monthly financial reviews which include creating strategies to enhance the performance of the asset, exceed budgeted and underwritten cashflow
• Participate in weekly or bi-weekly calls with property management teams to monitor performance at the property level
• Assist in the evaluation, tracking and reporting of value creation opportunities
• Maintain a deep working knowledge of each market and submarket which shall include both competing properties, sales comparables and new potential supply
• Participate in investment committee meetings
• Assist in the due diligence processes
• Performs other duties as assigned
• Availability for up to 75% travel as required

Qualifications:

• Bachelor's Degree or relevant job experience
• Minimum of 2 years’ experience in Multifamily/SFR/BTR asset management, development, investments or multi-site property management
• Excellent attention to detail a must
• Reasoning Ability: Define problems, collect data, establish facts, and draw valid conclusions
• Communication Skills: Proven written, verbal, and interpersonal communication skills
• Ability to work successfully as an individual and on a team
• Experience interacting with lenders and institutional equity investors preferred