Director – Asset Management

Role Overview

• Manage business plan execution for assigned assets, including tracking goals, conducting ad-hoc analyses of value-add opportunities, and developing solutions to address challenges or changing market conditions.
• Prepare and maintain property-level asset management plans covering revenue/expense forecasting, capital planning, market condition analysis, and business plan development in collaboration with internal stakeholders.
• Identify, evaluate, and implement NOI growth initiatives, championing value-maximizing strategies and operational improvements across the portfolio.
• Review financial statements, investment accounting, and lender/joint venture reporting packages to ensure accuracy, proper tax treatment, and compliance with budgets and operating procedures.
• Lead preparation and review of quarterly investment reports and regular performance reporting (weekly, monthly, quarterly, annual), presenting findings to internal and external stakeholders.
• Collaborate cross-functionally to research, recommend, and lead initiatives for expense management efficiencies, revenue enhancement, and capital project execution, including repositioning, renovations, and redevelopment.
• Participate in acquisition due diligence and disposition activities by providing operational insights, preparing diligence materials, and coordinating with brokers, legal counsel, and capital partners.
• Conduct regular site visits to portfolio assets to assess operational effectiveness, validate strategy execution, and provide actionable feedback on rent setting, marketing, leasing, and vendor management.
• Analyze market dynamics, including rent surveys, supply and demand metrics, and economic trends, to inform strategic asset positioning and business plan adjustments.
• Manage debt and equity financing relationships, including refinancing initiatives, and support equity capital pitches through preparation of analysis and presentation materials.
• Maintain transparent and strategic communication with joint venture partners, investors, legal teams, and internal stakeholders, adapting strategies to meet evolving objectives and ensuring alignment across teams.
• Mentor and train Associates and Analysts, as assigned.
• Carries out supervisor responsibilities, including interviewing, hiring, and training employees; planning assigning and directing work; appraising performance; rewarding and disciplining employees; and addressing complaints and resolving problems.
• Coach, train and develop a team while managing the workflow and prioritization of projects and ensuring on-time execution and completion.

Requirements

• Bachelor’s degree in Business, Finance, Real Estate or other relevant area and/or equivalent combination of education and experience.
• 5+ years’ experience in asset management of residential real estate.
• Experience with institutional/private equity preferred.
• Familiarity with the general principles of real estate, including operations and analysis, budgeting, financial reporting, cash management and general accounting.
• Ability to understand and interpret market trends, third party market reports, and operator market competitor surveys.
• Familiarity with investment due diligence process along with ability to provide local market leasing assumptions and competitive intelligence.

Benefits

• Vision
• Dental
• 401(k) with Employer Matching
• Medical & Dependent Care Flexible Spending Accounts (FSA)
• Life Insurance
• Sick Leave
• Paid Time Off
• Paid Pregnancy & Childbirth Leave
• Paid Paternity Leave
• Health Insurance
• Health Savings Account (HSA) with Employer Matching
• Short-Term & Long-Term Disability
• Preferred Membership Pricing at Local & National Companies
• CoreGiving Volunteer Days
• Referral Program
• Charity Matching Program