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Asset Manager, Multifamily

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Atlanta
 GA
Postal Code
30327
Country
United States

This job is no longer active.

Description


General Duties:

  • Review and approve annual operating budgets
  • Review and analyze monthly operating statements
  • Conduct regular property inspections and stay abreast of current market conditions in order to understand the competitive position of each asset in their portfolio
  • Coordinate with property management, accounting, acquisitions, dispositions, construction management and legal to achieve the goals of the company relative to each asset
  • Work closely with in-house management team to maximize revenues and implement appropriate cost controls
  • Monitor real estate loans for compliance and analyze potential modifications / borrower requests
  • Perform periodic valuations of underlying real estate collateral for loan investments
  • Identify opportunities for value creation in existing portfolio of owned assets
  • Identify assets for value-add renovations; create strategy and implement
  • Recommend and oversee capital improvement projects
  • Participate in property due diligence for acquisitions
  • Participate in hold/sell analysis and make recommendations
  • Participate in asset refinancing and dispositions
  • Oversee all property level taxes and appeals in coordination with consultants
  • Coordinate insurance claims
  • Oversee property related legal matters in coordination with in-house and outside counsel
  • Supervise and train analysts
  • Perform special projects as needed

     

Knowledge, Skills and Abilities

  • Must demonstrate financial acumen, research and analytical skills, strong problem-solving skills and quantitative abilities
  • Must be resourceful, possess excellent organizational skills and strong written/oral communication skills
  • Work with individuals/teams from multiple disciplines and motivate others to achieve desired results
  • Capability of simultaneously handling multiple assignments and to direct and monitor the activities of others on a systematic basis
  • Flexibility in working hours and travel as required to accomplish the work
  • Must be proficient in MS Excel, Word, PowerPoint, and Outlook
  • Solid working knowledge with Yardi and YieldStar are desired
  • Experience working with joint venture partners is desired
  • Familiarity with ESG, and property-related technology trends
  • Possess existing relationships with multifamily developers, property managers and brokers

 

Education and Background

  • Bachelor’s degree required in finance, accounting, economics; emphasis in real estate preferred
  • BBA / MBA preferred
  • 3-5 years of asset management experience required
  • Preference for multi-family experience (asset management, lending, operations, construction/rehab) and knowledge of Southeastern U.S. multi-family markets
  • Experience with debt / lending is highly desirable

Job Function


 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

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