This Jobot Job is hosted by: Scott Filbin
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Salary: $100,000 - $115,000 per year
A bit about us:Leading real estate investment firm with a $700 million portfolio focused on Class A multifamily properties. The firm is committed to excellence in property management, investment performance, and professional growth. We are seeking a motivated professional with 3+ years of relevant experience to take the next step in their career and grow into a leadership role within the asset management team. This is a unique opportunity to be mentored by industry leaders while working on a high-quality institutional portfolio.
Why join us?- Competitive compensation package, including performance-based incentives.
- A structured mentoring and professional development program to help you grow into a leadership role.
- Comprehensive benefits, including health, dental, and retirement plans.
- A collaborative, supportive environment that values innovation and career growth.
Job DetailsPosition Overview:
The Asset Manager will oversee and optimize the performance of the company's Class A multifamily assets. This role requires a detail-oriented professional with strong financial and analytical skills, a deep understanding of multifamily operations, and the drive to grow into a leadership position. The ideal candidate will bring hands-on experience in multifamily real estate and a passion for achieving investment objectives.
Key Responsibilities:
Portfolio Management
- Assist in the development and execution of asset-level business plans to drive operational and financial performance.
- Monitor property performance metrics, including occupancy, rent growth, NOI, and expenses, to ensure alignment with investment goals.
- Identify opportunities to enhance value through leasing, capital improvements, and market repositioning.
Financial Analysis & Reporting
- Conduct detailed financial analysis, including variance reporting, budgeting, and forecasting.
- Prepare regular performance reports for senior leadership and investors.
- Analyze market trends and competitive landscapes to inform strategic decision-making.
Operational Oversight
- Collaborate with property management teams to ensure operational excellence and adherence to business plans.
- Support lease negotiations and renewals to maximize revenue and tenant satisfaction.
- Oversee capital expenditure projects, ensuring timely and cost-effective execution.
Stakeholder Collaboration
- Work closely with acquisitions teams during property onboarding to align expectations and ensure a smooth transition.
- Partner with external property managers, lenders, and other stakeholders to maintain high-quality operations and compliance.
- Communicate regularly with senior leadership, providing actionable insights and recommendations.
Professional Development
- Actively participate in training and mentoring programs designed to develop leadership and advanced asset management skills.
- Take on increasing levels of responsibility with the goal of growing into a senior asset management role.
Qualifications:
- Bachelor's degree in Real Estate, Finance, Business Administration, or a related field. Advanced certifications (e.g., CFA, CPM) are a plus.
- 3+ years of experience in real estate, asset management, or property operations, with a focus on institutional Class A multifamily properties.
- Strong understanding of financial analysis, including underwriting, budgeting, and forecasting.
- Proficient in financial modeling and property management software (e.g., Excel, Argus).
- Excellent problem-solving, analytical, and communication skills.
- Demonstrated ability to work collaboratively and take initiative in a team environment.
- Knowledge of multifamily market dynamics and operational best practices.
Interested in hearing more? Easy Apply now by clicking the "Apply Now" button.
Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
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