Senior Asset Manager - Residential/Multi-Family

Overview

Oversee leasing, operations, finance and strategy for residential and mixed-use assets.

Key Responsibilities

• lease compliance
• leasing software
• financial reporting
• investment modeling
• market research
• asset management

Tasks

-Ensure all lease agreements comply with internal policies, lender requirements, and applicable regulations -Oversee proper utilization of leasing software and CRM systems (Entrata, Yardi, RealPage), ensuring team compliance and maintaining data integrity -Establish energy efficiency goals and negotiate power purchase contracts for the regional portfolio -Create and present quarterly financial performance reports and variance analyses to senior management -Evaluate and recommend property improvements, amenity upgrades, and repositioning strategies -Manage relationships with third-party service providers and vendors -Assist Corporate Accounting team with process improvement initiatives, creation of standardized reporting procedures, implementation of new accounting systems and controls, and other strategic focuses specifically impacting multifamily operations and financial reporting -Perform investment analysis including DCF modeling, NPV calculations, and sensitivity analyses -Conduct ad hoc financial analysis on various operational metrics including rental collections, work order management, marketing ROI, and resident retention -Assist in due diligence processes for potential acquisitions and dispositions -Collaborate with internal regional teams and third-party managers in preparation of comprehensive Annual Business Plans -Review, analyze, and approve annual property-level operating budgets -Identify value-add opportunities and implement enhancement strategies -Assess portfolio diversification and risk management strategies -Develop long-term asset strategies aligned with company objectives and market conditions -Collaborate with property tax consultants on asset valuations, appeals, and tax optimization strategies -Develop and implement policies and procedures to enhance property performance and resident satisfaction -Assist Capital Markets/Investments team with investment analysis, market research, and financial modeling for potential acquisitions, dispositions, and refinancing opportunities -Prepare detailed quarterly reforecasts projecting asset performance for current and future operating years -Conduct comprehensive market research and competitive analysis -Conduct regular property tours to assess operating efficiency, physical condition, and market appeal -Manage asset transitions from development/construction to operational status -Coordinate with legal, finance, and development teams on various initiatives -Support Development team with initial deal underwriting and comprehensive market analysis during feasibility and pre-development phases of new projects -Interface effectively with brokerage, legal, and consulting communities -Implement revenue optimization strategies including dynamic pricing models and concession management -Conduct monthly reviews of operating cost variances and implement corrective actions as needed -Monitor demographic trends and their impact on asset performance -Monitor and analyze competitor pricing strategies and market trends within immediate comp set and broader market area -Develop and manage annual leasing budgets and reforecasts from initial lease-up through stabilization -Meet regularly with property management teams to review operating results, strategic goals, and new initiatives -Oversee capital improvement projects and major maintenance initiatives -Collaborate regularly with property management, in-house and external marketing and leasing teams to review market conditions and pipeline activity -Oversee and analyze effectiveness of digital marketing campaigns, social media presence, and other marketing platforms in collaboration with Marketing team to optimize lead generation and conversion rates -Maintain regular communication with Joint Venture partners and external investors -Monitor and optimize operating expense ratios across portfolio -Establish and optimize rental rates for both new leases and renewals through onsite management teams and third-party operations, ensuring appropriate market positioning -Monitor key performance indicators (KPIs) including occupancy rates, average rent per square foot, net operating income, and resident turnover

Requirements

• asset management
• financial modeling
• ms office
• realpage
• argus
• bachelor's

What You Bring

-This position may require specific abilities including reading a computer at close vision and depth perception. -Excellent analytical and problem-solving skills -Positive, outgoing, customer service orientation a must -Minimum of 4 to 8 years of Asset Management experience in the residential sector; hospitality, student housing and/or office experience is a plus. -Some travel will be required to the Austin, TX location and possible other locations. -Bachelor’s degree (B.A.) from four-year college in Business Administration, Accounting or related field; MBA is a plus. -Strong written and verbal communication skills. -Capable of resolving complex issues while prioritizing and handling multiple projects simultaneously. -Public Company experience preferred -Strong financial analysis and modeling skills. -Advanced proficiency in Microsoft Office Products including Outlook, Word, Excel, and PowerPoint -Ability to interface effectively with brokerage, legal and consulting community. -Hands on experience with Residential Property Management Software’s such as RealPage, Entrata, AppFolio, Etc. is a plus -Must work well independently but also have a “team player” approach to work effectively with regional and corporate groups. -May be required to sit and/or stand for long periods. -Working knowledge of Argus software is desirable. -Detail oriented and results driven.

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About Brandywine Realty Trust

-Specializes in the acquisition, development, and management of urban real estate. -Focuses on dynamic, mixed-use developments to create vibrant communities in prime locations. -Known for expertise in Class A office spaces and also develops and manages residential and retail properties. -Invests in key urban markets, including Philadelphia, Washington, D.C., and Austin. -Delivers innovative and sustainable projects that blend office, retail, and residential spaces. -Involved in high-tech office developments for innovative industries, in addition to traditional office buildings. -Portfolio includes landmark buildings that shape the skyline and urban experience in various cities. -Real estate ventures focus on creating interconnected spaces where businesses and residents thrive.

Sector Specialisms

Security Clearance

-full criminal and credit background checks are required prior to employment.