Real Estate Senior Asset Manager

Our client is a Washington, DC-metro focused real estate investment and development company founded in 2009 and focused on ground-up multifamily and mixed-use development as well as the acquisition of existing multifamily assets. They have planned, delivered and acquired over 6,500 residential units and over 250,000 square feet of commercial space, totaling over $2B in capitalization. A boutique-sized firm, they have a highly experienced and passionate team.

Our client is seeking an experienced Senior Asset Manager to take primary responsibility for the execution of asset-level strategies across a portfolio of multifamily properties. This role will focus on maximizing operational performance, driving value creation initiatives, and overseeing business plans from acquisition through disposition. The ideal candidate will bring a strong track record of hands-on asset management, deep financial and operational expertise, and the ability to operate as a strategic partner to ownership, property management teams, and capital partners.

This individual will be actively involved in all facets of the business, including portfolio strategy, operational oversight, capital improvement execution, reporting to investors and lenders, and select acquisition and disposition activities. The Senior Asset Manager will play a critical role in driving performance and contributing to the long-term success of the organization. This role is ideal for a highly entrepreneurial real estate professional who thrives in a flexible environment, enjoys wearing multiple hats, and is motivated by driving real value creation rather than managing from a distance.

• Provide direct oversight and strategic leadership for a portfolio of multifamily assets.
• Actively manage third-party property managers and supervise capital improvement programs to ensure execution of asset-level business plans.
• Lead the development, execution, and ongoing refinement of asset-level business plans to optimize operational and financial performance.
• Review, analyze, and approve monthly and quarterly financial reporting; identify trends, risks, and opportunities, and present findings to senior leadership and investors.
• Maintain, enhance, and review cash flow projections, valuations, and sensitivity analyses.
• Oversee the preparation, analysis, and approval of annual operating budgets and capital plans, ensuring alignment with ownership objectives.
• Serve as the primary point of contact for property managers, joint venture partners, LP equity, and lender representatives.
• Conduct property site inspections and market research to validate performance and value-add initiatives.
• Lead and support acquisition and disposition efforts, including due diligence, underwriting review, transition planning, and execution.
• Proactively identify performance issues and risks; develop and implement risk mitigation and corrective action strategies.
• Drive accountability with internal and external stakeholders to ensure timely execution of operational and financial initiatives.
• Manage special projects and ad hoc analyses as needed.

• Bachelor’s Degree, preferably in Finance, Accounting, Economics, Real Estate or related subject.
• 7+ years of relevant real estate asset management experience, with demonstrated responsibility for portfolio-level decision-making.
• Ability to communicate complex analyses and recommendations clearly and succinctly to senior management and investors.
• Proven experience overseeing multifamily assets, including direct interaction with property management and capital partners.
• Advanced proficiency in Microsoft Excel, including financial modeling and scenario analysis.
• Demonstrated ability to manage multiple assets and priorities in a fast-paced, entrepreneurial environment.
• Strategic thinker with strong business judgment and the ability to operate independently with minimal oversight.
• Excellent interpersonal, analytical, and problem-solving skills, with the confidence to challenge assumptions and influence outcomes.
• Highly organized, detail-oriented, and results-driven, with a proactive and ownership-oriented mindset.
• Possess a high degree of self-confidence with capability to interact well with internal and external teams.