Multifamily Asset Manager

Overview

We are seeking an experienced and results-driven Asset Manager to join our team!

The Asset Manager will be responsible for overseeing the performance, operational efficiency, and financial outcomes of a diverse portfolio of multifamily properties. This role requires a deep understanding of real estate markets, financial analysis, property operations, and tenant relations, as well as the ability to manage capital expenditures, optimize income, and minimize expenses.

• Regularly evaluate financial and operational performance of assigned properties and implement strategies to maximize return on investment (ROI).
• Review and analyze profit and loss statements, rent rolls, and operating budgets to assess asset performance.
• Develop annual budgets, monitor cash flows, and ensure financial goals are met or exceeded.
• Ensure key metrics such as Net Operating Income (NOI), occupancy rates, tenant retention, and maintenance costs are consistently met.
• Oversee and assess the implementation of capital improvements (renovations, upgrades, etc.) to enhance asset value and tenant satisfaction.
• Identify and implement cost-saving opportunities across operational expenses, maintenance, and property management fees.
• Negotiate and manage contracts with vendors, contractors, and property management companies to ensure services are performed cost-effectively and in a timely manner.
• Ensure tenant satisfaction through effective issue resolution, while maintaining a positive relationship between tenants and the property group.
• Work with senior management to define long-term strategies for asset growth, including acquisition, disposition, and refinancing opportunities.
• Ensure properties are in compliance with local, state, and federal laws, including fair housing regulations, safety standards, and environmental requirements.

• Bachelor’s degree in Business Administration, Real Estate, Finance, Economics, or related field.
• 3+ years of experience as an asset manager, property manager, or in a similar real estate role, with a focus on multifamily properties.
• Proven track record of managing a multifamily portfolio and optimizing asset performance.
• Experience with budgeting, financial reporting, and cash flow analysis.
• Familiarity with real estate acquisition, disposition, and financing processes.
• Strong analytical skills with the ability to interpret data, identify trends, and make informed recommendations.
• Strong negotiation and communication skills with the ability to work effectively with vendors, property managers, tenants, and senior leadership.
• Excellent communication and interpersonal skills to build and maintain relationships with stakeholders.
• Exceptional organizational and time management abilities to effectively prioritize tasks and meet deadlines.
• Proficient in Microsoft Office (Excel, Word, Outlook)
• Must be able to pass a background check and company-policy drug screen.

We offer a competitive starting wage along with a comprehensive employee benefits package that includes, but is not limited to:

• Health, Dental, Vision, 401K
• Paid vacation, holidays, and sick leave
• A positive working environment
• Growth Potential

The above statements are intended to be a general description. The omission of a specific duty does not exclude it from the position if work is similar, related or logically assigned. Moreover, the description is subject to change as the needs of the employer or position change.

We are a drug-free workplace, and all employees will undergo background and drug screenings to ensure a safe, reliable, and productive work environment. These checks help us maintain the integrity of our team and ensure that all employees can perform their duties safely and effectively.

We are an Equal Employment Opportunity Employer committed to hiring a diverse workforce and maintaining an inclusive culture. All qualified applicants will receive consideration for employment, without regard to their race, religion, ancestry, national origin, sex, sexual orientation, age, disability, marital status, medical condition, and any other status protected by state or federal law. As an Equal Employment Opportunity Employer, we comply with the Americans with Disabilities Act (ADA) to make reasonable accommodation to qualified individuals.

Qualified individuals are encouraged to discuss potential accommodations with the employer.