Asset Manager

Job Description

JOB DESCRIPTION

Company: Mountain Pacific

Position: Asset Manager

Background

Mountain Pacific, based in Los Angeles (Brentwood), CA is a leading commercial real estate investment company specializing in the acquisition and development of multifamily assets across the Western United States. Mountain Pacific and its principals have a long track record of successfully investing through multiple economic cycles.

Mountain Pacific is looking to bring on an asset manager to oversee its Texas portfolio. Reporting to the Head of Portfolio Management, the ideal candidate will have significant hands-on experience managing properties in various stages of the life cycle (from turnaround to stabilization). The asset manager will be working with a dynamic team of investment professionals who are passionate about the business and are looking for someone to help continue to grow the platform.

Applicants must have a minimum of 5 years of multifamily asset management experience overseeing assets directly. Salary is commensurate with experience. 

Responsibilities

1. Oversee Texas multifamily portfolio (3 assets in Dallas and 2 assets in Austin)
2. Lead calls with property and regional managers.
3. Assist in the determination, implementation, and ongoing execution of property business plan.
4. Update the renovation scope and budget for each asset on an as needed basis and oversee the implementation of the capital plan.
5. Review lender draws prepared by property manager and submit to lender for reimbursement.
6. Provide daily, weekly, and monthly reporting to ownership.
7. Complete quarterly financial reports for investors.
8. Ensure compliance with all lender requirements including ongoing reporting.
9. Frequently conduct site visits and meetings as necessary. 
10. Review monthly financials to ensure accuracy and to confirm performance objectives are being achieved.
11. Assist with acquisitions, investors relations, financings, and miscellaneous projects as needed.

Desired Skills and Experience

1. 5+ years of full-time experience as an asset manager.
2. Undergraduate degree in finance, real estate, or a related field.
3. Advanced knowledge of Excel.
4. Strong financial and analytical skills.
5. Proactive and diligent, with a strong work ethic and commitment to meeting deadlines.
6. Effective communicator, able to set priorities, provide direction, and motivate on-site personnel.
7. Experience with property management software is a plus.
8. Ability to write and communicate in a highly professional, business manner.