Asset Manager

Chesapeake Search Partners is partnering with a fast growing real estate operator with a specialized asset class focus. They are searching for a highly motivated, detail-oriented Asset Manager to join the team. They will assist in overseeing the performance of the portfolio and drive long-term asset value through disciplined business planning, financial analysis, and close collaboration across departments.

This role serves as the internal owner of asset performance, translating the firm’s investment strategy into actionable asset-level business plans while monitoring operational and financial results. The Asset Manager will work cross-functionally with Property Management, Accounting, Capital Projects, and Acquisitions teams to ensure assets perform in line with expectations.

Key Responsibilities:

Asset Strategy & Business Planning

• Develop and maintain asset-level business plans aligned with investment strategy
• Partner with Property Management and Accounting to establish annual operating budgets
• Evaluate asset performance relative to business plans and underwriting assumptions
• Conduct hold/sell/refinance analyses and provide strategic recommendations
• Support onboarding and integration of newly acquired assets

Property Management Partnership

• Serve as the internal liason to Property Management teams
• Track operational KPIs and address performance issues impacting assets
• Lead monthly asset-level variance reporting
• Review operational initiatives aimed at revenue growth, expense control, and resident satisfaction

Capital Planning & CapEx Oversight

• Coordinate asset-level capital improvement planning
• Evaluate CapEx investments and expected returns
• Monitor project execution against approved scope, budget, and timeline
• Track the impact of capital investments on asset performance

Financial Analysis & Reporting

• Oversee asset performance reporting with support from Asset Management Analysts
• Maintain financial models and performance tracking tools
• Analyze portfolio trends and identify opportunities for improvement
• Support executive reporting and strategic decision-making

Cross-Functional Collaboration

• Partner with Acquisitions, Accounting, Capital Projects, Legal, and Property Management teams across the asset lifecycle
• Assist with acquisition diligence and asset integration
• Support budgeting, reporting, insurance matters, and regulatory issues

Qualifications:

• Bachelor’s degree required
• 5–10 years of real estate asset management experience
• Strong financial modeling and analytical skills
• Ability to connect financial performance with operational drivers
• Familiarity with property management operations and capital projects
• Strong collaboration, communication, and organizational skills
• Ability to manage multiple assets and priorities in a fast-paced environment
• Ownership mindset with accountability for asset performance