Vice President, SFR Asset Management

Our Company:

Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B) is a multi-strategy, real estate focused, alternative asset management company comprised of two rapidly growing verticals: Multifamily and Single-Family Rental. Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation’s most active developers, builders, and managers and has been on the National Multi-Housing Council’s (NMHC) annual Top 50 list for eight consecutive years. Quarterra Single-Family Rental launched in 2020 to provide individuals, couples, and families who prefer to rent over home ownership the opportunity to live in exceptional neighborhoods with great amenities. For additional information, please visit Quarterra.com.

Summary of Position:

The Vice President, Single-Family Rental Asset Management, will support and manage the ongoing performance and strategic growth of the company’s SFR portfolio. The Vice President will play a key role in driving the financial success of the portfolio, managing investor relations, and strategic disposition of assets.

Principal Duties and Responsibilities:

• Support day-to-day asset management activities for the SFR portfolio, ensuring that properties are performing to expectations in terms of occupancy, rent collection, and operational efficiency.
• Collaborate with property management teams to ensure high standards for property maintenance, resident relations, and overall customer satisfaction.
• Monitor market trends and economic conditions that may impact the performance and strategy of the portfolio.
• Assist with providing regular updates on portfolio performance, dispositions, and market trends.
• Prepare and present detailed investor reports and presentations, including financial performance, strategy updates, and disposition timelines.
• Serve as a key point of contact for investor inquiries and ensure their needs are addressed in a timely and professional manner.
• Conduct market research and analysis to identify trends that can influence asset sales, pricing strategies, and overall portfolio performance.
• Provide input on portfolio strategy, including decisions related to portfolio diversification and long-term planning.
• Lead and execute the strategy for the disposition of select single-family rental properties.
• Work closely with internal teams and third-party brokers to analyze the market and drive profitable transactions.
• Oversee the due diligence process, financial modeling, and preparation of sale packages for each asset slated for disposition.
  
  

General Overview of Compensation & Benefits:

• We reasonably expect the base compensation offered for this position to range from $120,000 - $140,000 annualized, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials (e.g., cost of labor/living, etc.), and operational considerations.
• This position is eligible for commissions in accordance with a written agreement.
• Thiis position will be eligible for company benefits in accordance with Company policy. We offer a competitive total rewards package including medical, dental and vision coverage along with a broad range of supplemental benefits including 401k Retirement Plan, prepaid legal assistance, and more. We also offer paid time off for vacation, sickness, holiday, and bereavement. We are pleased to be able to provide 100% company paid life insurance and long-term disability insurance. This information is intended to be a general overview and may be modified by the Company due to business-related factors.
  
  

Applicants may apply for this position via our careers website.

Education and Experience Requirements:

• Bachelor's degree in Real Estate, Business Administration or related field required.
• MBA or advanced degree preferred.
• 5-7 years of experience in real estate asset management, with a focus on single-family rentals and a proven track record in asset dispositions.
• Strong financial background, including experience with financial modeling, reporting, and managing portfolios.
• Strong written, verbal, and interpersonal communication with experience interfacing with investors.
• Knowledge of market trends and dynamics in the single-family rental sector.
• Strong negotiation skills and the ability to manage asset sales from start to finish.
• Ability to work collaboratively with cross-functional teams and manage multiple priorities.
  
  

Physical Requirements:

This is primarily a sedentary office position which requires the Vice President, Single-Family Rental Asset Management to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.

This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the associate. Duties, responsibilities, and activities may change at any time with or without notice.

Quarterra Group is an Equal Opportunity Employer that prides itself on diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, pregnancy or related condition, protected status, or any other status prohibited by applicable national, federal, state or local law. Quarterra Group believes diversity and inclusion among our Associates is critical to our success and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.