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.
- Asset Management
2+ to 5 years
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