Asset Manager - Residential

Active multifamily developer creating a new Asset Manager role Handle a portfolio of roughly 6 assets in the SE market About Our Client Our client is a vertically integrated real estate firm specializing in ground-up multifamily development, with a strong track record of delivering high-quality assets in growing markets. They take a hands‑on, development-driven approach to asset management, focusing on execution, lease‑up performance, and long‑term value creation. Job Description The Asset Manager is responsible for optimizing the financial and operational performance of a multifamily portfolio. This role partners closely with property management, development, and capital partners to execute business plans, drive NOI growth, and maximize asset value across the investment lifecycle. Asset Strategy & Financial Performance Own asset‑level business plans, including revenue growth, expense management, and capital strategy execution Monitor portfolio performance against budget and underwriting; identify variances and implement corrective actions Analyze monthly financials, KPIs, and operating reports to drive NOI and asset value Maintain and update asset‑level financial models and forecasts Portfolio Oversight & Operations Partner with property management teams to optimize leasing strategy, occupancy, rent growth, and operating efficiency Conduct regular site visits and operational reviews to ensure execution of business plans Evaluate marketing, pricing, and operational initiatives to enhance performance Drive expense control initiatives without compromising asset quality or resident experience Capital Projects & Value Creation Collaborate with development/capital projects teams on renovations, repositioning, and CapEx execution Monitor project timelines, budgets, and ROI to ensure alignment with underwriting Identify and execute value‑add opportunities across the portfolio Investor Reporting & Stakeholder Management Prepare and present monthly and quarterly reporting packages to ownership, equity partners, and internal leadership Communicate performance updates, risks, and strategic recommendations Support investor meetings and investment committee presentations Market Intelligence & Investment Strategy Track market trends, comps, and economic drivers influencing asset performance Support acquisition, disposition, and refinancing strategies through analysis and recommendations Assist with hold/sell analysis and long‑term portfolio planning MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants. The Successful Applicant A successful Asset Manager should have: Bachelor's degree in Finance, Real Estate, Business, or related field 3‑8+ years of experience in asset management, real estate finance, or property operations (multifamily preferred) Strong understanding of property-level operations and real estate financial drivers Advanced financial modeling and Excel skills Ability to interpret financial statements, budgets, and investment metrics (NOI, IRR, cash flow) Experience with Yardi, MRI, or similar systems preferred Exposure to development or redevelopment projects – ideally in the residential sector What's on Offer Competitive salary ranging from $120,000 to $160,000 USD annually depending on experience. Comprehensive benefits package. Opportunity to work on exciting ground‑up development projects #J-18808-Ljbffr Michael Page US