Director of Asset Management

About Us

"Inspired by Spaces, Empowered by People." At Enclave, we don't just build structures; we cultivate environments where our partners, team members, and communities flourish. Our very name reflects our essence - creating distinct spaces that inspires growth and success. As a unified real estate investment firm, Enclave brings together exceptional development, construction, and property management expertise to specialize in multifamily, industrial, and commercial developments across the Midwest and Mountain West.

Our Growth Story: Since our founding in 2011, we've expanded to over 250 team members, completing more than 150 projects and managing assets exceeding $1.75 billion. Our rapid growth is a testament to the innovative and collaborative spirit that drives everything we do. For six consecutive years, Enclave has been recognized as one of the 50 Best Places to Work. This accolade reflects our commitment to fostering an environment where everyone feels valued, supported, and inspired to excel.

About the Role

Director of Asset Management

The Director of Asset Management is a strategic leader responsible for optimizing the long-term performance and positioning of Enclave’s commercial and multifamily real estate investments. This role drives asset strategy, broker management, risk identification, refinancing execution, and third-party property management oversight. The Director partners with internal stakeholders and leadership to provide recommendations, align execution with General Partner intent, and ensure assets meet or exceed financial, operational, and investment goals.

Position Logistics

• Primary Work Location: St Louis Park, MN Headquarter Office
• Work Environment: On-Site
• Work Schedule: Monday - Friday
• Work Type: Full Time, Exempt

Position Responsibilities

Portfolio Strategy, Performance & Risk Management

• Develop and communicate a clear roadmap for portfolio growth, value creation, and risk mitigation, ensuring alignment with ownership and organizational objectives.
• Implement systems to categorize stage and status of assets, using data-driven analysis to proactively identify opportunities and challenges.
• Identify opportunities and manage disposition transactions from broker selection through closing, ensuring optimal timing and value realization.
• Oversee the development and execution of success strategies for focused assets, collaborating with cross-functional teams to drive performance and protect value.
• Define success metrics for financial, operational, and investment outcomes, and drive consistent, high impact reporting to executive leadership.

External Partnerships & Broker Management

• Build and maintain high-value connections with commercial brokers, third-party property managers, and other external stakeholders to advance leasing, sales, and land disposition objectives.
• Oversee the development and execution of leasing and sales plans, ensuring optimal tenant mix, absorption rates, and alignment with market trends.
• Facilitate seamless collaboration between brokers, property managers, and internal development and operations teams to support asset transitions and maximize portfolio outcomes.
• Drive clear expectations and accountability measures for external partners, regularly assessing results and adjusting as needed.

Capital Markets, Financing & Financial Optimization

• Develop and execute strategies for refinancing, loan extensions, and capital deployment to optimize financial flexibility and support portfolio growth.
• Direct the property tax management cycle, including valuation reviews and appeals, to minimize tax liabilities and enhance asset performance.
• Provide strategic recommendations to inform investment decisions and drive portfolio success.

Collaboration & Stakeholder Engagement

• Collaborate closely with Accounting, Development, Investor Relations, Legal, Property Management and other departments to achieve shared business objectives.
• Provide high-level oversight for budgeting, capital planning, investor communications, and other cross-functional projects.
• Encourage innovation, knowledge sharing, and process enhancements across the organization to drive operational excellence and portfolio growth.
• Lead, mentor, and develop the Asset Management and Commercial Management team, fostering a culture of accountability, collaboration, and continuous improvement to achieve portfolio and organizational objectives

General Responsibilities

• Perform other duties as assigned
• All employees are responsible for the general upkeep of work and shared spaces
• Punctual and regular attendance is required of all employees

Qualifications

• Bachelor’s degree in business, finance, real estate, or a related field required
• 7-10 years of progressive leadership experience in real estate or asset management
• Experience managing and executing real estate transactions across a variety of asset types required

Who We're Looking For

• Deep expertise in asset enhancement strategies and financial performance optimization for multifamily and commercial portfolios.
• Strategic vision and business acumen, with the ability to anticipate market shifts and align asset management initiatives with organizational goals.
• Skilled in negotiation, conflict resolution, and influencing outcomes in complex transactions and team dynamics.
• Advanced analytical, problem-solving, and decision-making skills, leveraging data to drive portfolio growth and mitigate risk.
• Proficiency in asset management and financial modeling software, with a high level of fluency in technology.
• Proven ability to lead, mentor, and develop high-performing teams, fostering accountability, engagement, and professional growth in a fast-paced environment.
• Strong relationship-building and stakeholder engagement skills, fostering collaboration with internal teams, external partners, and executive leadership.
• Commitment to continuous improvement, ethical judgment, and delivering measurable results through disciplined project and priority management.

Total Rewards Approach

Our salary ranges are established based on a combination of market data, internal equity, and the unique characteristics of our organization such as our size, revenue, and industry. Within the range, individual pay is determined by multiple factors including job-related skills, experience, and relevant education or training.

At Enclave, we’re proud to offer a comprehensive benefits package that supports your personal well-being, professional growth, and financial future.

Financial Wellbeing

• Competitive pay with ongoing performance review
• Role specific bonus potential and/or commission programs
• 401(k) with company match
• Various supplemental insurance options
• Employee referral program

Health & Wellness

• Medical, dental & vision plans
• Company-paid life & disability insurance
• Health Savings Accounts (HSA) with employer contribution
• Dependent Care Flexible Spending Accounts (FSA)
• Mental health resources & employee assistance programs
• Paid bereavement & parental leave program
• Paid Time Off (PTO) plans, paid holiday and volunteer programs

Career & Culture

• Tuition reimbursement and leadership development opportunities
• Team-building and community engagement opportunities
• Employee recognition programs
• Supportive, values-driven work environment
• Regular team member feedback surveys to drive workplace improvements

At Enclave, we build more than spaces—we build rewarding careers. Join a team where your growth is supported, your contributions are valued, and your future is invested in.

Enclave provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.

Enclave does not work with any third-party recruiters or agencies without a valid signed agreement and partnership with the Talent Acquisition Team.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.