Real Estate Asset Manager - Multifamily

My client is a real estate investment firm focused on multifamily, student housing, and industrial opportunities across high-growth markets in the Southeastern United States.

Key Responsibilities:

• Monitor a growing portfolio of multi-family properties located in the Southeastern United States
• Oversee, report on and enhance property operations
• Accurately and systematically reporting clearly and concisely property performance against a variety of goals
• Protect and ensure the long-term viability of assets
• Analyze property assets, recommend and implement improvement strategies to maximize operational performance of the portfolio
• Under the direction of the VP – Director of Asset Management, oversee the operations of the company’s investment properties
• Create, solicit input, then distribute quarterly performance reports to investors
• Review and monitor monthly operational reports and evaluate property performance
• Summarize operations for review by principals
• Highlight property performance vs. goals
• Investigate issues by interacting with the management company
• Document explanation from management company
• Document and report on progress towards goal
• Highlight/expose patterns around adverse issues
• Maintain database of critical information for each deal (loan terms, ownership structure, required repairs, reserve balances, capital flow etc.) and track key items and dates
• Create and maintain investor return scenarios per asset in relation to distributions, refinancing, sale
• Create, implement, and maintain a communication policy for investors and partners involving direct interaction and social media
• Oversee our compliance with lender and insurance operational and deferred maintenance requirements
• Assist in deal closings including soliciting 3rd party reports, receiving and organizing reports and data, and related tasks
• Assist with organizing and backfilling information on older transactions
• Research and understand driving forces in individual property markets, recognizing when trends might be working with or against our investments
• Provide support and analysis to our management partners with the goal of increasing profitability and reducing risk

Qualifications:

Knowledge and Skills:

• Institutional asset management
• Advanced concepts, principles and practices of multi-family real estate/housing operations, including property inspections, property management and property maintenance
• Knowledge of real estate finance.
• Knowledge of institutional investment strategies and partnership structures
• Accounting principles.

Skill in:

• Strong analytical skills & financial acumen
• Use of MS Office products
• Document Management technology
• Communication, both orally and written
• Follow-up to ensure resolution and completion of tasks
• Operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication and spreadsheets

Educational/Previous Experience Requirements:

• Bachelor’s Degree (B.A.) in related field and a minimum of five (5) years of multi-family asset management experience