Director of Asset Manager

Job Description

Job Description

ABOUT DESIGN PRO DEVELOPMENT

DPD is a Philadelphia-based development firm spanning ground-up construction, adaptive reuse, and condominium conversion across Philadelphia, Montgomery County, Bucks County, and southern New Jersey. Our luxury division, Atelier Design + Build, delivers roughly ten $2MM-$8MM semi-custom homes a year. We specialize in the deals others pass on (off-market acquisitions, historic districts, tough entitlements) and we move fast without cutting corners.

ABOUT THE ROLE

You report to the CEO and work shoulder to shoulder with our VP of Capital Markets. The mandate: turn finished product into realized returns. Roughly 60% of your focus is income-producing rentals (lease-up, NOI, capital strategy, exits) and 40% is for-sale product (pricing, absorption, margin). You treat every building as its own business, run a tight operating rhythm (weekly revenue calls, monthly budget reviews, quarterly portfolio reviews, regular site walks), and hold yourself and everyone around you accountable to the number. You are also our marketing and branding visionary: how every DPD and Atelier property shows up in market (listings, photography, digital presence, tours) is yours to elevate, because presentation sells. You will use AI to run this portfolio smarter than anyone has before you. We expect peak performance, and we pay for it.

YOUR PORTFOLIO, DAY ONE

•    The Hawthorn (102 units, West Philadelphia): Our flagship delivery at the edge of Fairmount Park (thehawthornphl.com), in lease-up. Drive it to 95% occupancy by year end, lease three ground-floor commercial spaces, and activate ancillary income across parking, EV charging, and amenities.

•    10 commercial spaces across the portfolio: Serve as our in-house commercial leasing agent: market every space, vet every tenant, and drive every space to a signed lease.

•    The Diamond Collective (94 units): Leasing Q1 2027. Own pre-leasing strategy, pricing, and the construction-to-leasing handoff so it opens ready.

•    200+ stabilized units in Brewerytown (19121): Your marquee transaction. We plan to list this portfolio and drive it to an exciting capital event you lead from preparation through close. Until then, you own NOI, renewals, and property management oversight, with every leasing decision calibrated to the target buyer so leasing serves the exit.

•    10+ residential condominiums in Collingswood, NJ: For-sale inventory across the river. Own pricing, absorption, and sellout.

•    20+ upcoming luxury condominiums in Old City: Our next condo pipeline, on the heels of The Curator on Quarry (thecuratoronquarry.com), the top condo sellout in Old City, 95% presold. Shape pricing and launch strategy from day one.

•    20+ luxury custom home listings, Montgomery and Bucks County: $2MM-$8MM Atelier homes, including the Founders Collection on Lewis Lane (founderscollectiononlewislane.com). Launch the listings and lead our luxury listing agents on pricing, marketing, and offer strategy.

WHAT YOU'LL OWN

•    The P&L of every asset: Business plans, value creation, NOI growth, and expense discipline. Each building is a profit center, and you answer for its performance against plan.

•    Lease-up and leasing strategy: Occupancy, pricing, renewals, and rollover across the portfolio; coordinate agents, brokers, and property managers to hit target rents on schedule.

•    Property management accountability: Set the standard, inspect the properties, and hold third-party operators to DPD quality on maintenance, collections, and resident experience.

•    Commercial leasing: Ten DPD-owned spaces: marketing, tenant vetting for credit, use, and fit, and LOI-to-lease negotiation through execution and fit-out.

•    Brand and marketing leadership: Every listing, ILS page, photo set, and tour reflects the DPD and Atelier brands. You set the marketing standard and hold agents and managers to it.

•    Budgets, underwriting, and modeling: Annual budgets and variance root cause; cash flow models, valuations, and return metrics (IRR, equity multiple, cash-on-cash, gross margin) tracked against original underwriting; underwriting support on new acquisitions.

•    For-sale sellout: Pricing, absorption, and margin protection across homes and condominiums from launch through final closing, including the rent-vs-sell call on every unit.

•    Capital events and investor reporting: Refinance, recapitalization, and disposition from hold/sell analysis through close, alongside the VP of Capital Markets, with investor reporting and lender compliance that is always audit-ready.

•    AI-powered portfolio command: Reporting and tracking systems in Claude and Asana that flag variances, rollovers, and slipping timelines before they cost money.

WHAT WE'RE LOOKING FOR

•    10+ years across property management, leasing, and/or residential sales, including 5+ years in real estate asset management, with results you can prove: NOI growth, occupancy gains, sellout margins. Bachelor's degree in Real Estate, Finance, Business, or a related field.

•    Deep experience with income-producing residential or multifamily assets; for-sale new construction sellout experience strongly preferred.

•    Advanced financial modeling and expert-level Excel, with the judgment to make rent-vs-sell and hold-vs-sell calls and defend them.

•    Working knowledge of the Greater Philadelphia rental and for-sale markets, and the broker, lender, and property manager relationships to back it up.

•    An owner's mentality: urgency, accountability, acute attention to detail, and the discipline to defend every dollar of NOI and margin. A marketing eye that knows presentation sells.

•    An advanced, demonstrated command of AI tools, Claude in particular, with real examples of AI-driven reporting and portfolio monitoring. Show us what you've built.

•    On-site at DPD headquarters with approximately 25-30% regional travel; valid driver's license and reliable transportation required.

•    Preferred: MBA or Master's degree; CFA, CPM, or CCIM; luxury condominium and Greater Philadelphia sellout experience; experience standing up asset management systems at a scaling firm.

SOFTWARE & SYSTEMS

Our stack, day one: Claude, AppFolio, Yardi, Asana, BuilderTrend, and QuickBooks. You should also bring most of the following and master the rest fast: advanced Excel, Argus and/or CoStar, RealPage or similar revenue management tools, Bright MLS, RentCafe and ILS platforms (Zillow Rentals, Apartments.com), LoopNet and Crexi, DocuSign, and AppFolio Investor Portal or similar investor reporting platforms.

WE OFFER

•    Total compensation of $175,000-$200,000 for peak performance: a $115,000 base salary, listing launch bonuses earned every time a listing hits its target list date, and KPI-tied profit sharing that unlocks as you beat base metrics across occupancy, NOI, and portfolio capital events, including our upcoming Brewerytown disposition. The base covers you; the results pay you. We built this structure so the person who drives the numbers captures them.

•    Full benefits: medical, long-term/short-term disability, life insurance, 401(k), and paid time off.

•    Co-investment opportunities in DPD projects, and a direct seat with the CEO and VP of Capital Markets building the asset management function from the ground up.

•    A portfolio where your decisions show up in the numbers, fast.

HOW TO APPLY

Email your resume and a brief overview of the portfolios you've managed to View email address on ziprecruiter.com and View email address on ziprecruiter.com: asset types, unit counts, dollar volumes, and the returns, NOI growth, or sellout margins you drove. Include one example of an AI-powered reporting workflow you built and what it caught. Qualified candidates hear from us within 3 business days.

Design Pro Development is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.