Asset Manager - Multifamily Real Estate
CBRE
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Job Description
CBRE Global
Investors is a global real asset investment management firm with over $100
billion in assets under management. CBRE Global Investors is an independently
operated affiliate of CBRE Group, Inc. (NYSE:CBRE). The firm sponsors real
asset investment programs across the risk/return spectrum in the Americas,
Europe and Asia for investors worldwide including public and private pension
funds, insurance companies, sovereign wealth funds, foundations, endowments and
private individuals. Programs include a complete range of investment solutions
including equity and debt, direct and indirect, and listed and unlisted
strategies delivered through separate accounts and commingled funds.
JOB DESCRIPTION:
CBRE
Global Investors - Americas is seeking an Asset Manager to independently manage
6-9 multifamily assets in Core Strategies and Value Add funds. Responsible to develop, implement and monitor
progress of investment strategy for each asset throughout property life cycle, report
progress to portfolio management team and assist acquisitions team with
underwriting and due diligence review.
RESPONSIBILITIES:
- Develop, implement and monitor investment strategy for each asset
- Develop annual budgets and business plans
- Prepare quarterly reports and review quarterly appraisals
- Complete hold/sell recommendations annually
- Develop and oversee implementation of capital plans for each property
- Review monthly financial performance of each asset
- Manage disposition process from BOV to closing
- Analyze rental rates and market conditions; implement strategic
marketing plan and monitor effectiveness - Support the Multifamily Acquisitions Team in the analysis of investment
opportunities - Perform other projects and responsibilities as needed by the Americas
team
QUALIFICATIONS:
- Bachelor’s
Degree (industry certificates, designations and licenses a plus) - 6-8 years of
Multifamily direct asset management experience - High
proficiency in MS Office Suite (Excel, PowerPoint and Word) - Strong
analytical and problem-solving skills - Experience
directing activities of third-party management providers - Excellent
written and verbal communication skills - Initiative,
leadership, team-building skills and ability to meet deadlines - Organized
with ability to manage multiple tasks in a dynamic, team environment - Ability to travel
to assets as needed - Proficiency
with Argus AE software preferred
Equal Opportunity and Affirmative Action Employer
Women/Minorities/Persons with Disabilities/US Veterans
Job Functions
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