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VP / SVP, Multifamily Asset Management

Salary
$200,000-$224,999
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Los Angeles
 CA
Postal Code
90013
Country
United States

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Description


Formed in 1992, Fifteen Group is a multidisciplinary, highly opportunistic real estate investment company known for its entrepreneurship and outstanding investment track record. The VP / SVP, Multifamily Asset Management will be responsible for assisting with the firm's multifamily real estate portfolio. The ideal candidate will be an individual who is highly skilled, a self-starter, analytical, operates with common-sense and is experienced with multifamily rental apartments. This role will work closely with senior leadership to manage assets nationwide.

SKILLS / KNOWLEDGE / ABILITIES:

  • Ability to methodically solve problems, quantify and present solutions.
  • Review capital budgets and long-term goals for existing assets and acquisitions to formulate annual business plans.
  • Work closely with property management teams to implement business plans.
  • Work with capital project group to implement renovation and/or rehab plans.
  • Travel to assigned properties regularly to visit with on-site teams to ensure strategic goals are being met.
  • Oversee financial analysis of portfolio's operating results, identifying trends, telling a story, and providing strategic recommendations to senior management.
  • Assist in the due diligence on potential acquisitions to the portfolio.
  • Experience working in a result-oriented environment with multiple competing deadlines.
  • Exemplary work ethic.
  • Strong communication skills that can tailor to both technical and non-technical audiences.
  • Strong PC skills required including extensive experience with Excel, Yardi Voyager and revenue management software such as Rent Max / RadiX.
  • Strong analytical skills and strict attention to detail.
  • Ability to work effectively with both peers and senior management in a highly entrepreneurial, team-oriented environment.

EDUCATION AND EXPERIENCE:

  • The ideal candidate will possess the following:
  • Bachelor’s degree in finance, real estate, business or related field, MBA is a plus.
  • Industry designations a plus; CPM or CCIM.
  • +7 years of experience in asset management, operations, and acquisitions of multifamily properties.
  • Exposure to high amounts of multifamily units (3000+ units).
  • Proven track record of managing complex portfolios of properties.
  • Proficient in creating and analyzing Excel financial models based on historic data.
  • Outstanding communication skills, both written and verbal.

Please do not contact company principals directly, as this will disqualify you from consideration.

 

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