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Asset Manager for a Multifamily Syndication Company

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Washington DC
 DC
Postal Code
22031
Country
United States

This job is no longer active.

Description


Title: Asset Manager for a Multifamily Syndication Company
Location: Washington DC / Baltimore / Atlanta

 

Viking Capital is a multifamily investment firm with over $350M of assets under management. Viking is focused on major metropolitan statistical areas (MSA’s) which demonstrate consistent rent growth, low vacancy and a growing Real GDP. The firm repositions properties through operational efficiencies, moderate-to-extensive renovations and complete rebranding.  We also value improving the lives of our tenants and community, and support environmentally sustainable initiatives.  Viking Capital believes in the triple bottom line philosophy: People, Planet, Profit.   The Asset Manager will report to the COO and be responsible for the below, as well as other tasks related to the job. 

 

Responsibilities:

  • This job will build property level operational strategies and oversee capital projects or other investment factors impacting asset value.
  • Interface with property management and construction teams to carry out capital improvement plans on time and below budget.
  • Manage 3rd party leasing teams to creatively find new tenants and engage existing tenancy.
  • Review monthly operating reports and monitor performance including budget variances and changes to cash flow projections.
  • Tracking various portfolio level metrics.
  • Perform complex financial analyses including cash flow projections, valuation models, and sensitivity analyses in Excel.
  • Assist in all aspects of portfolio operations including property management activities and budgeting, monitoring operational performance and formulating long term asset plans and strategies.
  • Produce and maintain cash flow models using Excel to continuously evaluate asset valuations.
  • Working with 3rd parties to complete dispositions and refinances of existing assets.  
  • Develop and implement property level strategies including hold/refinance/sell recommendations. 
  • Acquisitions due diligence and audits
  • Work with investor relations on an ad hoc basis
  • Various ad hoc projects as necessary 

Requirements:

  • Bachelor’s degree in Finance, Economics, or Real Estate preferred.
  • 3-5 years of experience in a multifamily real estate related role – preferably asset management on the principal side.
  • Proficient level proficiency in Microsoft Excel and PowerPoint
  • Ability to effectively communicate in writing and orally
  • Ability to self-manage, high attention to detail and excellent written and oral communication skills.
  • Self-starter who works well within a close-knit team.
  • Ability to work efficiently and effectively under tight deadlines
  • Belief in our triple bottom line philosophy: People, Planet, Profit

Other Skills and Abilities:

 

Ideal candidates will have a proven history of being self-motivated, highly organized, open communicators who are eager to work in a fast-paced entrepreneurial environment with limited formal structure. This position will have a focus on asset management, problem solving, and financial analysis. Additionally, this role will have exposure to acquisitions, construction, and property management. There is also opportunity to grow to a director as we scale. 

Job Function


 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

Asset / Portfolio Management Residential Washington DC Full Time DC Asset Management Asset Manager for a Multifamily Syndication Company other