Vice President Asset Management

Job Description

• Lead development and execution of one-year and five-year strategic business plans for each asset, ensuring alignment with firm-wide objectives and market realities.
• Establish and maintain a “house view” on key markets, submarkets, and competitive property sets to drive leasing, pricing, and positioning strategies.
• Monitor local and regional market conditions, anticipate trends, and proactively recommend adjustments to strategies, capital plans, or hold/sell decisions.
• Develop and oversee asset hold/sell analyses, refinancing strategies, and long-term capital planning to maximize investor returns.

• Oversee asset-level performance against budget and business plan, including revenue management, expense control, operational metrics, and investment returns.
• Establish and lead formal quarterly asset reviews and cash flow forecasting (including modeling projections inclusive of net returns to investors post-waterfall in Excel); ensure corrective actions are implemented when performance deviates from plan.
• Utilize strong financial and operational analytics to evaluate performance drivers, identify risks, and pursue value-enhancement opportunities across the portfolio.

• Identify and execute value-add opportunities including repositioning, renovations, amenity upgrades, unit interior programs, operational efficiencies, and sustainability initiatives.
• Oversee capital plans, budgets, and project-level pro formas; partner with development/construction teams to ensure effective execution and ROI alignment.
• Provide asset-level oversight of development pipeline and lease-up projects to ensure market-appropriate product, design, and amenity decisions.

• Oversee existing loan performance and covenant tests.
• Lead and manage all refinancings and dispositions by overseeing broker selection, marketing processes, lender/buyer selection, due diligence, documentation, and closing. 
• Lead and manage all modifications with lenders/partners by overseeing lender/partner relationships, documentation, and closing.
• Lead origination of debt for development deals within the portfolio

• Partner with investments/acquisitions on underwriting, due diligence, and market strategy—providing expertise on rents, operations, unit mix, amenities, and capital assumptions.
• Collaborate with property management and leasing leadership to establish leasing targets, resident experience standards, and operational best practices.

• Lead communication with external stakeholders (investors, partners, lenders, etc.) including the preparation, review, and strategic positioning of key deliverables and presentations.
• Lead preparation and presentation of asset performance reporting to internal leadership to provide an active pulse on the health of the investments. 
• Support audit and valuation processes in partnership with finance, ensuring accurate documentation, reporting consistency, and timely delivery.
• Establish and uphold consistent asset management policies, processes, and governance structures across the platform.

• Mentor and develop asset management staff; establish team standards, priorities, and performance expectations.
• Foster a proactive, analytical, collaborative culture centered on measurable value creation and operational accountability. Drive implementation of systems, dashboards, templates, and tools to enhance transparency, decision-making quality, and performance monitoring.

• Strategic, analytical, and detail-oriented with strong investment judgment.
• Strong communicator and relationship builder; effective with internal and external stakeholders.
• Data-driven leader with operational and financial sophistication; excels at translating analysis into action.
• Highly collaborative, proactive, and solutions-oriented.
• Strong leadership presence with ability to drive performance and accountability at scale.

• 10 years of relevant experience, ideally with 5 years of asset management leadership.
• Strong financial modeling, forecasting, and valuation skills.
• Excellent relationship management with investors, lenders, and partners.
• Strong verbal and written communication skills.
• Proven track record working in a “contributor culture”.
• Expert skills in MS Office, specifically Excel, PowerPoint and relevant databases and software.
• Bachelor's Degree required, MBA or MSRE preferred.

• Must be able to regularly travel to multiple property locations daily/weekly/monthly within assigned portfolio, as well as company meetings and conferences which may include air travel.  
• Constantly communicate, converse, and exchange information with coworkers, vendors, residents, and visitors.
• Constantly operate computer, 10-key, and other office productivity machinery.  
• Constantly work in low to moderate noise levels.
• Frequently work in outdoor weather conditions.
• Frequently position self to bend, stoop, reach, and lift.
• Frequently lift, move, and carry 5lbs.
• Frequently move/traverse, ascend/descend stairs in and around apartment homes and communities.
• Occasionally lift/move/carry up to 25lbs with/without assistance.
• Ability to remain in a stationary position for extended periods of time.
• Ability to observe details at close range (within a few feet of the observer). 

• Driving is required.
• Must have reliable transportation, a valid driver’s license, a clean driving record, and evidence of auto insurance.