What are the responsibilities and job description for the Director Asset Management position at Sanford Rose Associates - JFSPartners?
A growing real estate investment and asset management platform is seeking an experienced Director of Asset Management to join its team. The organization owns and invests in a diverse portfolio of real estate assets, with a significant presence in Florida and continued growth through new investments, development, redevelopment, and strategic partnerships.
This is a highly visible, hands-on position working directly with the CEO and key operating partners. The Director of Asset Management will be responsible for driving performance, making strategic asset-level decisions, and creating value across a portfolio that includes hospitality/resort, vacation rental, multifamily, and other real estate investments.
The portfolio includes a combination of established operating assets, newer investments, and select assets requiring repositioning or more active asset management.
Key Responsibilities
- Manage the financial and operational performance of a portfolio of real estate investments
- Develop and execute annual asset-level business plans, budgets, forecasts, and strategic initiatives
- Analyze monthly financial results, operating performance, cash flow, NOI, and key performance metrics
- Identify opportunities to increase revenue, reduce expenses, improve operations, and enhance asset value
- Make and support key asset-level decisions based on financial performance, market conditions, and investment objectives
- Provide ownership-level oversight of third-party operators, property managers, and other operating partners
- Oversee capital improvements, renovations, redevelopment, and other value-creation initiatives
- Evaluate asset performance against underwriting and investment objectives
- Partner with leadership on acquisitions, new investments, due diligence, and the transition of newly acquired assets
- Assist with refinancing, recapitalization, dispositions, and other strategic initiatives
- Prepare financial analysis, investment recommendations, and reporting for senior leadership and investment partners
- Work closely with accounting, finance, operations, lenders, investors, legal counsel, and outside partners
- Manage multiple assets and initiatives simultaneously in a fast-paced, entrepreneurial environment
Ideal Background
- 7 years of experience in real estate asset management, acquisitions, investment management, development, or a closely related owner-side role
- Strong preference for experience with a real estate owner, investor, sponsor, developer, REIT, family office, or private equity platform
- Demonstrated experience as a decision-maker, with the ability to evaluate performance, identify issues, and execute strategies to drive results
- Strong financial modeling and analytical skills, including cash flow analysis, budgeting, forecasting, valuation, and investment returns
- Experience evaluating asset-level operating performance and developing strategies to improve results
- Hospitality, resort, vacation rental, multifamily, or mixed-use experience is highly desirable
- Experience with acquisitions, redevelopment, renovations, capital projects, workouts, or special situations is a plus
- Ability to effectively manage relationships with operators, property managers, lenders, investors, and other external partners
- Strong business judgment with the ability to move between detailed financial analysis and broader investment strategy
- Bachelor’s degree in Finance, Real Estate, Accounting, Business, or a related discipline