Vice President of Asset Management
We are seeking an experienced Vice President of Asset Management to lead and optimize the performance of our multifamily asset portfolio. This role involves developing asset-specific business plans, driving financial performance, and identifying opportunities for value enhancement across a the entire multifamily portfolio.
Key Responsibilities:
- Portfolio Management: Develop and recommend asset strategies (hold/sell/refinance), execute annual business plans, and report on market trends. Manage dispositions and refinances, including due diligence and closing processes.
- Property Operations: Collaborate on operating and capital budgets, conduct site visits, drive leasing and expense strategies, and oversee new project openings and marketing efforts. Negotiate commercial leases and manage third-party relationships.
- Reporting & Compliance: Communicate budgets and strategies to partners, analyze financial statements, manage cash flow, and ensure compliance with equity and loan documents.
Requirements:
- Experience: 8+ years in asset management with a proven track record in managing and repositioning assets.
- Education: Bachelor's degree in Real Estate, Finance, Business, or related field.
- Skills: Strong financial analysis, communication, and mathematical skills. Proficient in revenue management software and financial modeling.
- Attributes: Self-motivated, detail-oriented, and able to work independently or as part of a team. Experience with multifamily or mixed-use properties is a plus.
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