Director, Asset Management

Description

• Supports the pursuit / underwriting process by developing rent and expense assumptions from analysis of internal and external competitive properties
• Monitors property performance including marketing, leasing, and management activities to ensure the property is operating in line with forecasts
• Visits properties on a frequent basis. Regularly walk vacancies and common areas to ensure properties condition, appearance and marketability; approximately 40% travel required
• Participate in bi-annual asset management reviews and strategy meetings; preparation of summaries for each asset
• Participates in design development, including preparing and administering marketing/start-up budgets
• Reports key metrics, trends and variances to previous forecasts and implements proactive strategies to resolve operational, financial, and compliance problems
• Monitors asset for legal compliance and works with risk management to address concerns
• Participates in asset budgeting and portfolio review processes, identifies capital project for properties, and develops operating benchmarks to monitor costs
• Manages third party property management companies to ensure optimization of rents and expenses at the property
• Underwrites property strategy and participates in selling, re-financing, organizing, and operating of the company’s real estate investments

Requirements

• 3 to 5 + years of experience in property / asset management or related field preferred
• Effective interpersonal skills with the ability to develop and foster internal and external relationships with business partners
• Bachelor’s degree in finance, business, or related field, or equivalent experience is required
• Ability to create, build and implement strategic business plans for each asset
• Exceptional judgment and decision making skills plus demonstrable asset management technical skills
• Ability to communicate clearly with people of various backgrounds and experience levels both internally and externally
• Experience with leasing and management of multifamily project related retail tenants
• Ability to use entrepreneurial skills to identify areas of value creation.
• Proficient in Microsoft Excel, Outlook, Word and Yardi.
• Previous real estate experience required, preferably with multifamily asset management or property management organization
• Thorough knowledge of financial concepts, with the ability to perform detailed financial analysis

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance