What are the responsibilities and job description for the Senior Asset Manager position at Cardone Enterprises Inc?
Position Overview:
We are seeking an experienced and highly analytical Senior Asset Manager to oversee the performance of a portfolio of multifamily properties. This role is critical in driving NOI growth, managing business plans, and protecting investor capital. The ideal candidate brings a strong understanding of multifamily operations, financial analysis, and value-add execution.
Key Responsibilities:
- Manage a portfolio of multifamily assets to maximize operational performance and return on investment
- Monitor key performance indicators (KPIs) across revenue, expenses, occupancy, leasing, and capital projects
- Collaborate with property management teams to ensure alignment with business plans and budget targets
- Review monthly property financials, provide variance analysis, and recommend corrective actions
- Track and oversee value-add renovations, capital expenditures, and ROI on improvement plans
- Assist in the preparation and execution of annual operating budgets and reforecasts
- Work cross-functionally with acquisitions, accounting, investor relations, and executive leadership
- Prepare and present asset performance updates to internal stakeholders and investors
- Identify risks, operational inefficiencies, and value-creation opportunities across the portfolio
- Contribute to portfolio-level planning, hold/sell analysis, and disposition strategies
Qualifications
- 7 years of progressive experience in multifamily real estate asset management, with a proven track record managing large portfolios.
- Strong financial modeling and analysis skills (Excel proficiency required)
- Experience with Yardi, RealPage, or similar property management/accounting platforms
- Experience overseeing value-add renovations, lease-up strategies, and large-scale multifamily operations.
- Exceptional communication and presentation skills, with the ability to influence stakeholders at all levels.
- Entrepreneurial mindset with strong problem-solving and decision-making abilities.
- Highly organized, detail-oriented, and able to manage multiple priorities in a fast-paced environment.
- Draw management for capital projects, and experience managing office and mixed use communities with retail components.
- Bachelor’s degree in Real Estate, Finance, Business, or related field (Master’s or MBA preferred).
- CPM certification a plus
- Acquisition disposition experience a plus
- Class A high rise and mid rise experience a plus
What We Offer:
- Competitive salary and performance-based incentives
- Health, dental, and vision benefits
- 401(k)
- Exposure to high-value real estate transactions and portfolio strategy
- A fast-paced, entrepreneurial environment with direct access to executive leadership