Asset Manager
Our ideal team member will be responsible for Asset Managing Multifamily Assets:
Travel: Approximately 35%. Must have a valid drivers’ license.
Essential Duties & Responsibilities:
· Maintain database of critical information for each deal (loan terms, ownership structure, required repairs, reserve balances, capital flow etc.) and track key items and dates
· Create and maintain investor return scenarios per asset in relation to distributions, refinancing, sale
· Create, implement, and maintain a communication policy for investors and partners involving direct interaction and social media
· Assist in deal closings including soliciting 3 rd party reports, receiving and organizing reports and data, and related tasks
· Assist with organizing and backfilling information on older transactions
· For new construction or acquisitions with value-add improvements:
o Maintain schedule and cost budget
o Provide weekly updates on progress
o Highlight delays or concerns
· Travel periodically, but no less frequently than quarterly, to each property for general observation of condition, meeting with property management staff, reinforcing performance goals
Qualifications
Knowledge and Skills:
Knowledge of:
Skill in:
Educational/Previous Experience Requirements:
Bachelor’s Degree (B.A.) in related field and a minimum of five (5) years of multi-family asset management experience
~or~
Any equivalent combination of experience, education, and/or training.
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