Multifamily Asset Manager

Job Description

• Develop and execute asset-level business plans to maximize property value and investment returns across a Class B/C multifamily portfolio.
• Conduct regular portfolio reviews, benchmarking performance against underwriting assumptions, market trends, and investment targets.
• Identify and implement value-add opportunities, including operational improvements, capital projects, and repositioning strategies.
• Oversee annual budgeting and forecasting processes for all properties under management.
• Analyze monthly and quarterly financial statements, variance reports, and cash flow projections.
• Manage capital expenditure planning and track spend against approved budgets.
• Prepare and deliver all lender-required financial reports in a timely and accurate manner, ensuring compliance with loan covenants and reporting obligations.
• Serve as the primary point of contact for third-party and in-house property management teams, driving accountability and operational excellence.
• Monitor KPIs including occupancy, NOI, collections, and expense ratios, and implement corrective action plans where needed.
• Ensure high standards of tenant satisfaction and property maintenance across the portfolio.
• Maintain strong relationships with lenders, servicers, brokers, and equity partners.
• Support acquisition underwriting and due diligence efforts as needed.
• Collaborate with legal, accounting, and investor relations teams on reporting and compliance matters.
• Work closely with senior leadership to align portfolio strategy with firm-wide investment objectives.
• Contribute to a culture of performance excellence, continuous improvement, and accountability.
  
  Qualifications
  • Bachelor's degree in Real Estate, Finance, Business, or a related field.
  • Minimum of 10 years in real estate, with at least 5 years in an asset management role focused on multifamily.
  • Demonstrated experience managing Class B/C multifamily assets through the full investment lifecycle.
  • Proven track record overseeing budgets, financial reporting, and lender compliance.
  • Experience with value-add business plans and operational turnaround strategies is strongly preferred.
  • Strong financial modeling, analytical, and reporting capabilities.
  • Excellent written and verbal communication skills.
  • Ability to manage multiple assets and priorities simultaneously without sacrificing quality.
  • Self-motivated, proactive, and highly accountable.
  • Comfortable operating independently in a lean, entrepreneurial environment.
  • High degree of integrity and commitment to ethical business practices.