Assistant Vice President of Asset Management

JOB SUMMARY

The Assistant Vice President (AVP) of Asset Management is responsible for supporting the strategic oversight and performance of a multifamily real estate portfolio, with a focus on Class B & C value-add assets. Working closely with the Vice President and cross-functional leaders, the AVP will help implement business plans, analyze performance data, and ensure alignment with investment goals. This role requires hands‑on experience in financial modeling, property performance optimization, and asset strategy execution.

Ideal candidates will have 7‑10+ years of experience in multifamily operations or asset management and demonstrate strong leadership potential and analytical acumen.

• RESPECT:
  Treat people with courtesy and kindness, valuing inclusion and diversity.
• ACCOUNTABILITY:
  Honor commitments, focus on delivering solutions, and take ownership of responsibilities.
• INTEGRITY:
  Act with honesty, honor, and transparency in all activities.
• SERVICE:
  Be socially conscious, proactive thinkers, committed to improving well‑being.
• EXCELLENCE:
  Strive for excellence, adapt, innovate, and exceed expectations.

• Assist in managing the performance of assigned assets through monitoring KPIs, rent collections, leasing trends, and capital improvement plans.
• Partner with Property Management and Construction teams to ensure property‑level execution aligns with strategic objectives.
• Participate in the execution of capital plans, including tracking timelines, costs, and vendor coordination.
• Monitor and report on operational and financial performance, identifying opportunities for improvement.

• Conduct detailed financial modeling for acquisitions, refinances, capital planning, and hold/sell analyses.
• Assist with quarterly and annual investor reports, variance analyses, and business plan updates.
• Track key performance metrics, such as NOI growth, economic occupancy, and DSCR compliance.

• Support the development and tracking of renovation scopes, schedules, and ROI performance.
• Visit properties regularly to assess physical condition, progress of projects, and team execution.
• Ensure utility optimization initiatives and cost‑saving programs are implemented as planned.

• Assist with the coordination of lender and JV reporting obligations.
• Review insurance policies and lender requirements to ensure compliance and minimize risk.

• Prepare presentation materials and performance summaries for internal stakeholders and equity partners.
• Assist with investor inquiries and provide documentation as needed.

• Work closely with Accounting, Legal, Operations, and Marketing teams to align asset strategy with company goals.
• Support lease strategy decisions and revenue optimization initiatives through data‑driven insights.

• Mentor junior analysts or associates within the asset management team.
• Act as a project lead on select initiatives as assigned by the VP or EVP.