Vice President Asset Management

Company: Pantzer Properties

 

Location: New York City, NY 

 

Pantzer Properties is an institutional fund manager with a vertically integrated owner-operator platform exclusively focused on high-quality multifamily assets along the East Coast of the United States. Since the inception of the Panco Strategic Real Estate Fund series, Pantzer Properties has deployed more than $7.5 billion across its investment platform. Pantzer Properties is headquartered in New York City, with offices in White Plains, NY and Philadelphia, PA.

Pantzer Properties is seeking a Vice President - Asset Management to join our New York-based Investment Team. This individual will play a key role in driving portfolio performance across the firm’s growing multifamily portfolio (currently more than 11,000 units).

The Vice President will be responsible for leading day-to-day asset management initiatives while maintaining close collaboration and oversight from the Managing Directors. The ideal candidate is a highly analytical, hands-on professional capable of managing detailed operational execution while also contributing to high-level strategic decision making.

This position will serve as a critical liaison between the investment team and the in-house property management team, with a focus on operational excellence, financial performance, and long-term value creation.

· Lead day-to-day asset management initiatives across the multifamily portfolio

· Develop and oversee execution of strategic business plans for each property

· Formulate and implement initiatives to optimize revenue, control expenses, and maximize overall financial performance across portfolio

· Regularly communicate and collaborate with the in-house property management team

· Lead the annual budgeting process and monitor ongoing financial performance

· Track and report key performance indicators (KPIs) across assets (weekly, monthly, quarterly)

· Prepare monthly reports comparing budgeted to actual operating performance, including detailed variance analyses and explanations

· Conduct regular property site visits and operational reviews

· Actively participate in the disposition process of assets

· Manage coordination of post-acquisition activities and integration of asset into the ownership’s portfolio

· Track capital expenditures, renovation projects, and value-add initiatives across the portfolio

· Oversight of ground-floor retail which can be a component of our multifamily properties

· Oversight of tax appeals and insurance programs

 

· 5-10 years of multifamily asset management, portfolio management, or operational experience

· Experience with class A multifamily (leased ups and stabilized) and familiarity with East Coast markets is preferred

· Strong financial acumen with a track record of driving exceptional financial performance

· Proficiency in Microsoft Excel, leveraging advanced functions for comprehensive financial analysis and reporting, CoStar, RealPage, Yardi, OneSite, and Revenue Management

· Effective communication and relationship-building skills, facilitating seamless collaboration with internal teams, stakeholders, and partners

· Excellent organizational and communication skills

· Self-motivated, resourceful, and proactive

· Ability to work independently, effectively prioritize, and multi-task under pressure

· Understanding of the private equity business model and real estate industry

· Bachelor’s degree 

- Approximate Base Salary Range $175,000/yr to $200,000/yr

- Plus, an additional discretionary annual bonus, base salary range does not include the bonus