Director of Asset Management - Multifamily

Overview

Lead multifamily asset performance and value creation for a 15,000-unit portfolio.

Key Responsibilities

• budgeting
• site visits
• market analysis
• cashflow projections
• capital planning
• reporting

Tasks

-Play an active role in developing annual operating and capital budgets, as well as reforecasting as needed -Support acquisition underwriting and due diligence by providing leasing assumptions and market intelligence -Conduct property site visits to assess physical condition, diagnose performance challenges, and recommend improvements -Monitor market trends for opportunities such as renovations, expansions, or repositioning projects -Apply a value-oriented approach to each asset, including revenue generation strategies, capital allocation, and operational efficiencies -Oversee monthly and annual cashflow projections between Operations and Accounting -Evaluate and implement new products and services aimed at driving revenue, reducing costs, or improving efficiency -Partner with marketing, revenue management, accounting, capital, and operations to formulate and execute strategies that maximize portfolio value -Coordinate stakeholders during new acquisition transitions -Track litigation and risk issues for each asset, ensuring timely resolution -Build and maintain strong relationships with operating partners; resolve issues and conflicts internally and externally -Lead rollout of revenue-generating initiatives, monitor results, and report on performance -Analyze market performance and multifamily operations to identify opportunities and underperformance -Collaborate with the Capital Expenditures team to assess property-level needs and develop both short- and long-term capital plans -Maintain updated market analyses in collaboration with operations and revenue management to achieve occupancy and revenue goals -Serve as a key member of the asset management team with direct impact on portfolio performance -Review weekly/monthly reporting and analytical tools to identify trends, benchmark performance, and recommend solutions -Develop annual capital plans, monitor progress, and ensure execution by operators -Mentor and develop junior analysts on the team

Requirements

• 7+ yrs
• acquisition
• assetmgmt
• finance
• bachelor's
• leadership

What You Bring

-Excellent interpersonal and communication skills, with the ability to explain complex issues clearly -Proven ability to thrive in a fast-paced, dynamic environment with evolving priorities -Strong working knowledge of real estate principles, including operations, financial analysis, budgeting, reporting, ROI analysis, cash management, and accounting -Familiarity with investment due diligence and providing market-based leasing assumptions -Ideal candidate brings a balanced background in both finance and operations (approximately 75% finance / 25% operations or 50/50) -7+ years of experience in acquisition or asset management for large-scale portfolios (5,000–7,000+ units) with mixed-use retail across major MSAs.Minimum 4 years in multifamnily asset management. -Bachelor’s degree in Business, Finance, Real Estate, or related field -Demonstrated leadership ability, with experience mentoring and developing team members -Ability to interpret market trends, competitive surveys, and third-party reports -Based in Dallas, with ability to travel 20–25%

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About University Partners

-Using a data-driven thematic acquisition strategy, it identifies markets and assets with upside others often overlook. -It operates as a vertically-integrated platform, combining acquisition, development, and management under one roof. -Their financial strength and capital partnerships enable swift deployment and outsized returns in the student housing sector. -Typical projects span ground-up developments and lease-ups to repositioned communities near major universities. -Specialists on the team oversee everything from asset selection and underwriting to lease-up supervision and community operations. -A standout: they offer in-house training across all levels, maintaining consistency and quality across every property. -Despite being lean in headcount, their entrepreneurial culture and strong track record fuel rapid growth and innovation.

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