What are the responsibilities and job description for the Managing Director - Asset Management position at DXD Capital?
About DXD Capital
DXD Capital is a vertically integrated self-storage development and investment firm building institutional-quality facilities across the United States. We acquire, develop, and manage Class A self-storage assets through a disciplined, data-driven approach — combining proprietary technology, deep operational expertise, and active asset management to generate superior risk-adjusted returns for our investors. With a growing portfolio of projects across multiple funds, we are scaling our asset management platform and seeking an exceptional leader to join our team.
The Opportunity
We are looking for a Managing Director of Asset Management to lead the operational and financial oversight of our growing portfolio of self-storage facilities. This is a high-impact, cross-functional role sitting at the intersection of operations, finance, and investor relations. You will own the performance of every operating asset from the moment it transitions out of construction through stabilization and exit — and you will be a primary face to our capital partners, translating facility-level performance into investor-ready narratives.
Beyond day-to-day portfolio oversight, this role carries a critical strategic mandate: helping DXD build and stand up its own internal property management platform. As we continue to scale, reducing third-party management dependency is a core priority — and this person will be instrumental in designing, operationalizing, and eventually leading that function.
What You'll Own
Portfolio Performance & Asset Management
- Occupancy and revenue performance across all operating facilities — tracking actuals vs. budget and underwriting, and driving corrective action when assets underperform
- Lead monthly and quarterly performance reviews with third-party operators (Extra Space and others), holding them accountable to DXD standards on leasing, pricing, OpEx, and customer experience
- Monitor and drive ECRI programs, delinquency management, and customer acquisition cost efficiency across the portfolio
- Manage and deliver annual operating budgets in a timely fashion in conjunction with third-party operators.
- Oversee the full lease-up trajectory for facilities transitioning from construction to operations, ensuring stabilization timelines and yield-on-cost targets are met
- Manage capital expenditure planning, insurance renewals, property tax appeals, and vendor relationships across the portfolio
Investor Relations & Reporting
- Serve as a primary point of contact for capital partners on portfolio performance — leading quarterly investor calls, preparing LP-facing reports, and fielding ad hoc performance questions with clarity and confidence
- Translate complex operational data into concise, credible investor communications — occupancy trends, NOI vs. underwriting, market context, and forward outlook
- In tandem with the investment team, reforecast operating projections quarterly, using recent performance and market fundamentals to inform performance trajectory and anticipated exit outcomes.
- In combination with the finance team, own projected cash planning on an asset-by-asset basis, informed by operational performance — getting ahead of communication on potential capital needs.
- Collaborate with the team to ensure investor reporting is accurate, timely, and consistent across fund vehicles
- Support capital-raising efforts by providing credible asset-level performance context during diligence conversations with prospective LPs
Property Management Oversight & Optimization
- Own DXD's property management strategy — defining the operating model, performance standards, and the systems and structure needed to manage facilities effectively at scale
- Evaluate and implement technology (PMS, revenue management, CRM) to strengthen DXD's data-driven approach to facility performance
- Develop the playbooks, SOPs, and performance frameworks that drive consistent, high-quality management across the portfolio
- Partner with DXD's technology and data teams to integrate management systems with proprietary tools already in production
Cross-Functional Leadership
- Partner with the development team on project transitions from construction to operations, ensuring a smooth handoff and early operational readiness
- Collaborate with the finance and legal teams on loan covenant compliance, lender reporting, and debt management across operating assets
- Contribute to underwriting review for new acquisitions and development projects, stress-testing operational assumptions based on real portfolio experience
- Work with the development team to optimize unit mix based on market performance of operating units for assets in the design stage.
What We're Looking For
Experience
- 8 years in asset management, real estate operations, or property management — with direct accountability for a multi-site self storage portfolio
- Demonstrated experience communicating directly with institutional or high-net-worth investors — LP calls, quarterly reporting, investor Q&A
- Experience building or significantly scaling an operational platform, property management function, or internal team from an early stage
Skills & Capabilities
- Financial fluency: comfortable reading and driving NOI statements, variance analyses, and debt service schedules without hand-holding
- Operator mindset: you know what good looks like at the facility level and can tell within minutes of a report whether something is off
- Investor communication: you can take a difficult quarter and tell the story clearly, credibly, and proactively — without spin
- Entrepreneur mentality: you're energized by constant improvement and growth, not just managing a steady-state system
- Data-driven: comfortable working in modern analytics environments; experience with property management software and revenue management tools a strong plus
- Organized and accountable: you run a tight ship across multiple active workstreams and don't let things fall through the cracks
Mindset
- You take ownership. If a facility is underperforming, you're already three steps ahead in diagnosing and addressing the issue before anyone asks.
- You communicate proactively. Investors and principals get the bad news from you first, framed with context and a plan.
- You're a builder. DXD is scaling fast — you're someone who sees the gaps and fills them, not someone who waits to be told what to build.
Compensation & Benefits
- Competitive base salary commensurate with experience
- Potential for equity/carry participation in DXD fund vehicles
- Full benefits package including health, dental, and vision
- Flexible work environment based in Denver, CO