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BLVD Capital

Affordable Asset Manager

Full Time
Real Estate Field
  • Asset / Portfolio Management
Beverly Hills
Postal Code
United States

This job is no longer active.


About the Company:  The Company is a fast growing real estate investment firm focusing on the acquisition, asset management and redevelopment of affordable multifamily housing nationwide, as well as value-add and distressed real estate in select markets.

We are a meritocracy, with a firm belief in rewarding individuals purely based on exceptional performance and contributions to the team to further the objectives of the Company.  We are building a team of driven individuals who appreciate a results oriented, but collaborative and casual environment.

About the Position:  The Multifamily Asset Manager will be responsible for asset managing a portfolio of the Company's nationwide Section-8 and LIHTC properties.  The position is ideally suited for a highly motivated, detail oriented individual with a solid asset management background, and strong work ethic.  This individual should have the desire to be a part of a rapidly expanding company, and work within a team of other highly motivated individuals.  This position will report to the Director of Asset Management.

Duties will include:

-Responsibility for overall portfolio management and profitability

-Oversee 3rd party property management firms to ensure optimal property performance through strict systems and controls

-Ensure the oversight and implementation of the property business plan and budget

-Analyze property financials and performance metrics in pursuit of maximizing revenue and minimizing expenses

-Provide recommendations and implement changes for property improvements based on thorough analysis and experience

-Prepare narratives and financials for investor reporting

-Assist in the development and monitoring of strategies to maximize asset values within the portfolio

-Complete property inspections as part of monitoring property performance, management execution and property capital needs

-Negotiate major vendor contracts and pursue portfolio wide expense reductions through vendor bidding

-Problem solve property and portfolio level issues through research, analysis and implementation

-Oversee preparation for HUD REAC inspections

-Implement and monitor capital improvement projects

-Assist in conducting due diligence and financial modeling for new acquisitions and dispositions

Following are the requirements for the position:

-3 - 5 years experience in multifamily asset management

-Prefer Section 8 or other low-income experience, but not required

-Bachelors degree (prefer real estate, business or finance)

-Excellent MS Excel skills

-Strong management skills, with an ability to work independently and multitask

-Highly motivated, with a positive can do attitude

-An analytical approach with a results oriented mindset

-Ability to think like an owner in all decision making

-Entrepreneurial spirit with a willingness to do what is necessary

-Travel to properties across the nation will be required

Please submit your resume.  

Job Function

  • Asset Management

Job Sector

  • Residential


2+ to 5 years

This job is no longer active.

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