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Middle Street Partners

Asset Manager

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Asset / Portfolio Management
Location
Charelston
 SC
Postal Code
29403
Country
United States

This job is no longer active.

Description


COMPANY

Middle Street Partners, LLC ("MSP") is a real estate investment and development firm, focusing on multifamily acquisitions and development in the Southeastern US. Since inception, MSP has acquired and/or developed approximately 9,800 apartment units, representing over a Billion of capitalized value in 36 properties located throughout the Carolinas, Georgia, Tennessee and Florida.

In addition to a generous employment health and 401, and allocation for relocation, flexible office hours, it is great opportunity for growth.


Asset Manager


Basic Function: The Asset Manager is responsible for executing property level strategies to enhance and protect asset value, meet investment objectives, and oversee assigned properties and/or portfolios. This person will interact extensively with company executives within MSP.

 

Profile: The successful candidate will be a self starting commercial real estate professional who is looking to take the next step in building a successful career.

 

DUTIES

Responsible for providing operational oversight at the property level for multiple assets.

    • Review, analyze and compare current and historical operational performance against key metrics and original underwriting for existing assets.
    • Prepare weekly reports on property performance for internal purposes.
    • Understand competitive positioning relative to rents, lease terms and overall occupancy for the market/ sub-market where the investments are located.
    • Responsible for completion of the annual budget process with third party managers.
    • Monitor the performance of assets compared to the approved budget with primary responsibility for variance reporting.
    • Assist in the preparation of quarterly reports to external investors.
    • Frequently visit the properties to inspect buildings, implement and assess business plans, and interact with onsite managers/ teams to ensure high standards for leasing, property performance and property operations are understood and maintained.
    • Assist as requested in the acquisition of properties including reviewing third party reports, conducting site visits and conducting due diligence on new property acquisitions.

SKILLS AND KNOWLEDGE

    • Excellent analytical and interpersonal skills.
    • Excellent verbal and written communication skills.
    • Strong understanding of investment fundamentals and market analysis.
    • Ability to prioritize and meet deadlines.

MINIMUM QUALIFICATIONS

    • Bachelor s Degree in Finance, Real Estate, Business or related field.
    • 5+ years of real estate industry work experience.
    • Solid understanding of financial analysis concepts.
    • Ability to travel and regularly work extended hours.
    • Experience with Yardi a plus.


Competitive salary to commensurate with experience.

Job Functions


  • Asset Management
  • Property Management
 

Job Sectors


  • Alternative Investments
  • Residential
  • Hospitality / Entertainment
  • Government/Education
  • Healthcare
  • Industrial
  • Office
  • Retail
 

Experience


Not Specified


This job is no longer active.

 
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