Associate Director Asset Manager

Description

· Evaluate and compare budgets/business plans to current operations and performance metrics.

· Develop and implement property strategies to optimize NOI and drive profitability.

· Collaborate with property management team to implement revenue management programs and adjust rental rates based on market trends.

· Conduct weekly calls with management to address property-specific issues, monitor deadlines, and ensure accountability.

· Perform site visits, inspections, and financial statement reviews to identify variances and operational improvements.

· Participate in acquisition due diligence, including market analysis, proforma evaluations, and coordination of recapitalizations, refinancing, restructurings, and asset dispositions.

· Support underwriting efforts for potential new developments and investment opportunities.

· Develop and maintain relationships with capital partners, lenders, and joint venture partners, providing regular reporting and ensuring alignment on investment strategy and performance expectations.

· Monitor and assess portfolio-level risk exposure, including lease rollover schedules, capital expenditure forecasts, and market volatility, to inform strategic decision-making and long-term planning.

· Conduct on-site due diligence with property management and third parties, reviewing market conditions and projections.

Requirements

· Bachelor’s degree in real estate, accounting, finance, or a related field; relevant certifications are a plus.

· 5-10 years of experience in real estate consulting, asset management, multifamily underwriting, or a related field.

· Advanced Excel skills, including the ability to build complex financial models and analyses.

· Strong organizational, analytical, and critical thinking skills with a keen attention to detail.

· Effective written and verbal communication, with the ability to convey complex ideas clearly.

· Proficiency in Entrata, Real Page, or similar pricing and operational software preferred.

· Demonstrates initiative, leadership, and the ability to meet deadlines in a dynamic environment.

· Creative thinker capable of identifying and implementing innovative solutions to multifamily operational challenges.

· Initiative-taking, collaborative, and committed to continuous improvement.

· Highly organized with ability to manage multiple tasks in a dynamic team environment.