Senior Asset Manager (53734)

Who We Are

BH is a people-first multifamily owner and operator that grew from a small startup into one of the nation's largest commercial real estate companies. Founded in 1993, BH is celebrated for its simple commitment to doing business the right way and investing in its team. Today, BH manages over 100,000 units, employs over 2,800 people, owns its processes in-house, and is praised by Fortune Magazine as the “Best Workplace for Women,” “Best Workplace for Millennials,” and “Best Workplaces for Diversity.” Powered by innovation and a can-do attitude, BH improves daily, striving to construct a smarter way to live, invest, manage, and grow. 

BH is passionate about setting the standard in the multifamily industry. We are a welcoming band of go-getters who think big, sweat the details, and take our work (but never ourselves) too seriously. We set our sights high, own our mistakes, and turn lemons into lemonade. We are incredibly proud of where we’ve come and are ready to tackle what’s next. Come join us!

Role Overview

As the Senior Asset Manager, you’ll have a big mission. Responsible for assuring the Company’s standards are achieved and excellent customer service is delivered. You also understand the value of taking a moment to express gratitude to the village that helped to make it happen. As you can likely tell, 'how' things are done matters just as much as ‘what’ was done here at BH!

Key Responsibilities

• Proactively review property operations and financials to identify areas for improvement and formulate strategies to drive performance.
• Analyze value-add strategy performance to proforma/budget and market and offer pivot recommendations as needed to improve performance.
• Review construction completion and interior remodel returns on investment to optimize outcomes.    
• Prepare reforecasts, cash flow modeling, and other analyses to understand performance to plan.
• Review and approve annual operating and capital expenditure budgets.
• Oversee property-level distributions.
• Develop and manage investor and lender relationships.
• Complete hold/sell/refinance analyses and present outcomes of various scenarios.
• Prepare and present Investment Committee packages for capital transactions.  Take ownership of capital transactions (refinance, supplemental, disposition) through corporate workflow.
• Understand organizational structure and monitor compliance to business terms of loan documents, operating agreements and management agreements.
• Confirm transaction accounting aligns with closing documentation.
• Prepare and present Ownership Reporting including financial, operational, and construction performance compared to plan as necessary.
• Special projects as assigned.

You Have

• Bachelor’s Degree in Business, Finance, Real Estate or related field.
• 5+ years of real estate related experience (with multifamily assets preferred, not required).
• Advanced analytical and quantitative skills.

• Advanced knowledge of standard accounting practices and procedures.
• Advanced proficiency in Microsoft Office, specifically Excel.
• Strong organizational skills and excellent attention to detail.
• Professional communication and interpersonal skills.
• Robust motivation to learn and work with a diverse group of people in a highly collaborative environment.