Vice President of Asset Management – Multifamily

Role Overview

• Creation of asset management reports with market commentary, asset performance commentary and plans of action to drive higher asset value.
• Develop and deliver comprehensive quantitative KPI reporting on property level metrics including but not limited to leasing trends, operating performance and market analyses.
• Provide high-level qualitative analyses and insights on; property team performance, marketing strategy, capital improvements/progress, financing strategy, hold-sell strategy, distributions and capital calls.
• Execute all reporting requirements for institutional investors, proactively addressing abnormalities and questions investors may have from the given information and updates.
• Effectively present information to and respond to questions from the Investment Committee, investors, lenders, and partners.
• Optimize underwriting assumptions, providing insights to all asset management elements as the liaison between the investment and property management team.
• Contribute directly to developing a strategic business plan for new investments and provide key asset management insights throughout the acquisition process.
• Provide an expert recommendation on company-wide investment decisions as a member of the Investment Committee.
• Partner with cross-functional teams to formulate and implement short
• and long-term asset management strategies, ensuring alignment between investment goals and property-level operational performance.
• Provide executive leadership in collaboration with operations teams to drive the annual budgeting and forecasting process, reviewing and approving budgets across the full portfolio.

Requirements

• Bachelor's Degree in Finance, Economics, Accounting, Business or related field required. MBA or Master's degree preferred.
• You have five plus of experience as an Asset Manager or above in multifamily real estate.
• You have experience working for a multifamily ownership group as an Asset Manager or Asset Management leader.
• You have experience working directly with institutional investors as the primary contact.
• You have experience completing institutional level investor reporting on a monthly, quarterly and yearly basis.
• You have experience leading investor updates and presenting information to institutional investment groups.
• You have experience completing analysis at the fund or portfolio level.
• You have excellent interpersonal and communication skills.

Benefits

• Competitive Salary
• The salary for this position will be determined based on the candidate's total relevant experience. Relevant experience would be the number of years the candidate has as a Multifamily Asset Manager or above (Director, VP, SVP).
• Bonuses
• This role may participates in short-term performance-based bonuses and have a long term compensation incentive plan.
• Paid Time Off
• Unlimited DTO starting upon hire.
• Mentorship
• Work with an experienced team of multifamily investment professionals.
• Holiday Pay
• 10 full paid holiday.
• Paid Volunteer Hours
• 8 hours of paid volunteer time you can use throughout the year.
• Housing Discounts
• 25% off rent available for all employees off any unit.
• Comprehensive Insurance Benefits
• Medical PPO, HDHP, FSA, HSA with employer match Dental, Vision, STD, & LTD.
• Retirement Plan
• 401K with a 25% company match up to 6%.
• Certification Reimbursement
• Full reimbursement for approved industry related certifications, including CAM, CPO, EPA, and more!
• Tech Forward & Transparent Culture
• Innovative internal software to make your job easier!
• Cultural Appeal
• We run on transparency and healthy debate (No Fear of Conflict); you are encouraged to appeal and share what is not working well. Your voice truly matters!