What are the responsibilities and job description for the Multifamily Asset Manager position at trigild?
Trigild does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Trigild to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Trigild will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.
Our Asset Manager will be responsible for managing a portfolio of assets, working with internal and external teams to achieve revenue and NOI growth, meet the objectives of each asset, maximize property performance, and generate favorable returns for investors.
Responsibilities:
- Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition
- Assure financial performance, timely reporting, proactive and high-quality repairs and maintenance, and positive tenant relations
- Assist with conducting transaction analysis and support due diligence for new acquisitions
- Assist with due diligence and follow-up on property transactions
- Review monthly property management reports for variance against budget and strategy
- Prepare monthly, quarterly, and annual reporting for investor clients and senior leadership
- Create cash flow projections, analyze and recommend investor capital calls and distributions
- Develop analytical tools to allow leadership to better understand the state of the portfolio
- Monitor and maintain compliance with all lender requirements
- Monitor timely payment of taxes and insurance premiums
- Monitor all escrow accounts and operating cash accounts to assure they are properly funded
- Collaborate with other departments to improve and document processes and streamline reporting
- Oversight of 3rd party brokerage teams and leasing
- Negotiate leases and renewals throughout the portfolio
Desired Competency, Experience and Skills:
- 3 years of experience with a focus on asset management activities, including leasing, financing, managing tenant improvements, capital investments, and dispositions
- Experience with Multifamily Assets
- Bachelor's Degree in Real Estate, Finance, Accounting; MBA a plus
- In-depth knowledge of real estate finance including commercial lease terms and debt and equity structures
- Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups
- Strong analytical, accounting and critical thinking skills
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- High comfort level with the technology used to aid in collaboration, communication, and documentation
- Excellent written and oral communication skills
- Advanced knowledge of Excel including building templates for other users.
This position is 100% in-office. The role requires working in office during standard business hours. Remote work or telecommuting is not an option for this position.
Pay Range
$175,000 - $225,000 USD
All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.
Salary : $175,000 - $225,000