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Asset Manager

Company is confidential
Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Los Angeles
 CA
Postal Code
90067
Country
United States

This job is no longer active.

Description


 

 

 
   
JOB TITLE:             Asset Manager

POSITION SUMMARY:

Well-rounded, self-motivated Asset Manager to oversee student housing and multifamily properties in its portfolio. These assets are located throughout the US and heavy travel will be required

 
   
ESSENTIAL FUNCTIONS:

 

Management:

  • Develop strategic business plan for each asset and for the portfolio
  • Oversee 3rd party management company on all property issues
  • Conduct regular property visits as required to meet with 3rd party management
  • Identify, develop and implement value add strategy for the portfolio
  • Develop and implement capital improvement plan for each property
  • Review property occupancy and NOI and report regularly to the Company’s Management

 

Leasing/Operations:

  • Participate in rent pricing initiatives and make rent adjustments when necessary
  • Conduct thorough market research on occupancy and rates and make recommendations as necessary
  • Review and approve marketing budget on an ongoing basis
  • Review monthly financial statements, annual budgets and monitor performance
  • Review performance metrics

 

Financial Analysis:

  • Complete asset valuations
  • Complete monthly analysis of portfolio performance
  • Perform economic analysis of rate, occupancy and expense adjustments

 

 

REQUIREMENTS:  

 

  • 5 to 7 years of student housing or multifamily experience preferred
  • Bachelor's degree
  • Strong interpersonal and communication skills with both internal and external stakeholders at all levels within the organization
  • Excellent analytical and organization skills
  • Complete understanding of contracts, leases, and leasing objectives
  • Ability to meet deadlines quickly and accurately, multi-task and work well under pressure with changing priorities
  • Demonstrates impeccable organizational skills and attention to detail
  • Maintain an environment of excellence and a “can do” culture

 

Job Function


 

Job Sector


Not specified

 

Experience


5+ to 7 years


This job is no longer active.

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