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Asset Manager
Rpm Living
Full-service multifamily management, investment and development company enhancing rental communities.
Strategic oversight & financial stewardship of a real estate asset portfolio.
May occasionally be required to lift or carry items such as files or office supplies weighing up to 15 pounds
Provide strategic oversight of a portfolio of assets, to include:
Diagnose and respond to inquiries from senior leadership and external partners regarding property performance, market challenges, occupancy issues, and other drivers of asset financial performance.
Develop and maintain effective revenue strategies to strengthen revenue performance of assets across diverse markets
Conduct periodic site visits to assess performance, evaluate market conditions, and establish strategic initiatives.
Assist in preparing the construction budget and management of construction draws from debt and equity sources.
Perform cash flow analysis and generate distribution recommendations.
Review marketing programs and pricing for portfolio assets.
Ensure compliance with loan agreements and manage all aspects of loan administration, including reporting and covenant monitoring.
Assist with acquisitions, recapitalizations, and dispositions within the portfolio by providing analytical and operational support.
Monitor the status of renovation and capital improvement projects and perform return on investment calculations.
Financial reporting and analysis to monitor property performance.
Compile monthly and quarterly reports for equity partners.
Partner with, assess, influence and performance manage operational teams within the assigned portfolio.
Identification of property-level and market trends and formulate strategies to maximize the value of each asset in accordance with its business plan.
What you bring
5+ years
financial modeling
excel
yardi
bachelor's
communication
Five years’ experience including two years of prior multifamily asset management experience.
Skilled in financial modeling and tools such as Excel and property management software (Yardi, RealPage)
Knowledge of financial reporting, budgeting, forecasting and variance analysis.
Bachelor’s degree in Finance, Business, or related field. Experience may substitute for education.
This role may require overnight travel quarterly
Must be able to hear and understand verbal communications in person and over the phone or computer
Skilled in interpersonal communication with the ability to build relationships with stakeholders
Knowledge of capital improvement planning, renovation processes and construction budgeting.
Knowledge of real estate finance concepts such as cash flow modeling, ROI,IRR and cap rates.
Ability to identify performance trends and recommend data-driven strategies to maximize asset value.
Must be able to operate a computer, keyboard, mouse and other office equipment
Skilled in written and verbal communication wit the ability to present financial performance and recommendations to executive leadership and partners.
Ability to analyze complex data sets and financial information using quantitative methods to support strategic decision making and problem solving
Ability to manage multiple assets, deadlines and stakeholder expectations.
This is a hybrid role, requiring the associate to work in one of our corporate or regional offices three or four days per week based on manager's discretion
May be required to sit or stand for extended periods of time
Must be able to read documents, computer screens and data
Knowledge of real estate asset management principles, including value creation strategies and portfolio optimization
Benefits
401(k) with robust company match
Discounted Perks (Costco membership, movie tickets, health & wellness, entertainment & travel discounts)
Employer-paid employee assistance, mental health, and wellness programs
Comprehensive healthcare coverage available for all full-time, regular associates
Weekly pay for all associates working onsite at an apartment community
Paid time off plus floating holidays and volunteer days
Ancillary benefits including critical illness, hospital indemnity, and accident insurance
Opportunities for professional development, career growth, and role-based learning plans
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
employment contingent upon successful completion of a background check as required by local, federal, and state regulations.
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