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Asset Manager

Full Time
Work Place
Part Remote
Real Estate Field
  • Asset / Portfolio Management
Postal Code
United States

This job is no longer active.


The Asset Manager will be part of a growing and dynamic team responsible for managing a portfolio of assets, formulating and executing asset management strategies, and collaborating on acquisitions and dispositions within the portfolio. The ideal candidate will be a confident, dynamic and sophisticated investment professional with a thorough understanding of institutional real estate, with student housing/multi-family experience and a demonstrated track record of value creation. Additionally, the Asset Manager will be responsible for leading a cross-functional team in a matrixed environment. Ideal location: Open to discuss.


The Asset Manager would be fully responsible for the performance of the assigned assets with the goal of enhancing value and maximizing returns.  Responsibilities would include:

  • Develop, present, and execute comprehensive annual business plans and budgets for each asset.
  • Work in partnership with acquisition team on underwriting and due diligence efforts for new investment opportunities.
  • Manage takeover of new assets, ensuring smooth and successful transition into the portfolio.
  • Develop and communicate strategic recommendations regarding optimal exit strategies; coordinate and execute successful asset dispositions.
  • Become the local expert in each market where properties are assigned, with a focus on knowing competitive assets, the development pipeline, and other economic drivers that could impact asset performance.
  • Liaise with internal and third-party resources (such as property managers, construction managers, leasing agents, etc.) to ensure successful implementation of business strategies and business plans.
  • Review financial reporting and variance analysis, coordinating with property management and accounting personnel to ensure that financial statements are accurately presented.
  • Assist in the preparation and approval process of property operating and capital budgets.
  • Perform asset-level valuation reviews as needed, including gathering market data, reviewing property performance and measuring each asset against its budgets and goals.
  • Visit all properties within the portfolio on a regular basis to ensure assets are being operated per approved business plans and budgets.
  • Assist with documenting and updating relevant policies, processes, and procedures.
  • Complete all work in an ethical, fair, and consistent manner.
  • Perform other duties as assigned. 


  • Bachelor’s degree required; MBA, MS Finance or advanced degree in real estate preferred.

Job Requirements

  • 3 to 5 years’ experience asset managing geographically dispersed Class A and B properties in student housing and/or multi-family required.
  • 2 to 3 years’ experience with value-add and redevelopment projects.
  • Thorough understanding of financial statements and reporting with exposure to institutional investment.
  • A strong expertise with cash flow modeling, IRRs, and NPVs is required. Familiarity with RealPage and ARGUS is a plus.
  • Detailed understanding of the due diligence process; experience in real estate acquisitions is a plus.
  • Strong interpersonal skills with a demonstrated ability to lead internal and external business partners, consultants, and clients.
  • Effectively and professionally communicate complex issues both verbally and in writing to senior management.
  • Highly self-motivated, confident and driven.
  • Strong intellect and strategic thinker with solid quantitative, financial and analytical skills.
  • Proven ability to work effectively in an entrepreneurial environment.
  • Travel including overnight stays 

Job Functions

  • Asset Management
  • Portfolio Management

Job Sector

  • Residential


5+ to 7 years

This job is no longer active.

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