Asset Manager
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One of the top real estate firms in the world is looking for a seasoned asset manager to oversee a new sleeve of multifamily assets in Texas. This hire will be responsible for: managing property ownership, assisting underwriters, and monitoring operational performance.
Job Description:
Compensation : $150000 - $175000
Job ID : 17928
Job Function:
- Manage the property management relationship
- Assist underwriters in developing and finalizing the business plan for potential acquisitions
- Attend calls between property staffs, and provide clear direction when necessary.
- Collaborate with outside consultants (e.g. tax advisors, insurance brokers, interior designers), as well as communicate quarterly and annual financial results to investors and lenders, as needed.
- Oversee the cash management process, including tracking capital expenditures spend, managing operating and capital reserve balances and disbursement requests to lenders, and handling cash surplus distributions to investors.
- Keep abreast of current changes in technology, processes, and standards within the industry by attending industry conferences and/or subscribing to professional publications, and apply knowledge and practices to areas of responsibility.
Job Requirements:
Job Requirements:
- Minimum of Bachelor’s degree in Finance/Accounting/Economics or similar field; MBA preferred.
- Minimum of 10 years of overall real estate experience, with 5+ years of direct asset management experience, preferably in the multifamily sector.
- Employment history that demonstrates progressive levels of responsibility, as well as successful execution of specific revenue/expense management initiatives in order to meet financial business plans.
- Strong interpersonal skills, including demonstrated ability to supervise others and multi-task with several parties involved to meet tight deadlines.
- Travel will be required on a quarterly basis for owned-assets, and occasionally for potential acquisitions.
Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
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