Asset Manager
White Lotus Group
- Own the business plan of WLG’s portfolio across commercial, multi-family, and hospitality assets, recommending hold, reposition, refinance, or disposition strategies to ownership.
- Oversee all third party management vendors for optimizing overall portfolio performance.
- Assist with setting annual budgets and performance targets (NOI, occupancy, revenue growth, expense ratios) for each asset, in partnership with property management and finance.
- Evaluate capital improvement and value-add opportunities, building the financial case (ROI, payback, impact on asset value) for ownership approval.
- Track each asset against its business plan and escalates variances before they become surprises.
Financial Performance & Reporting
- Review monthly and quarterly property financials against budget, identify variances, and drive corrective action with property management teams.
- Prepare asset-level and portfolio-level performance reporting for ownership and, where applicable, lenders and capital partners.
- Monitor loan covenants, reserve requirements, and refinancing or maturity timelines across the portfolio.
- Partner with finance on cash flow forecasting and distribution planning.
Risk and Property Tax Management
- You will lead the overall property and casualty policies set to cover the overall portfolio.
- You will lead the execution of risk mitigation and prevention policies
- You will lead any applicable claims management issues
- You will review annual property tax valuations and lead applicable appeals processes.
Cross-Functional Partnership
- Serve as the connective layer between ownership, property management, and construction/development on asset-level decisions.
- Partner with construction and development on capital projects and repositioning work, keeping scope and budget aligned to underwriting.
- Support acquisition and due diligence efforts with underwriting, market analysis, and risk assessment as WLG evaluates new opportunities.
- Build and maintain key vendor, lender, and broker relationships relevant to asset performance.
WHAT YOU BRING
- 5+ years of experience in asset management, portfolio management, or a senior property management/finance role within real estate.
- Experience spanning more than one asset class (commercial, multi-family, or hospitality) is strongly preferred; WLG’s portfolio crosses all three.
- Strong financial acumen: comfortable building and defending a pro forma, reading a P&L, and translating numbers into a decision.
- Working knowledge of loan documents, reserve requirements, and lender or investor reporting expectations.
- Proven ability to set targets and hold property-level teams accountable to them without owning their day-to-day operations.
- A generalist’s range and a specialist’s discipline; willing to learn the operating nuances of each asset class rather than defaulting to what’s familiar.
- Proficiency in Yardi or comparable property/asset management software, and Office 365 (Word, Excel, PowerPoint).
- Bachelor’s degree in real estate, finance, business, or a related field preferred; CPM, CCIM, or similar designation a plus .
WHY WHITE LOTUS GROUP
- Portfolio-wide exposure: touch every asset class in WLG’s portfolio rather than being boxed into one.
- A diverse, growing portfolio with significant runway: commercial, multi-family, hospitality, and marquee mixed-use developments.
- Direct visibility to ownership: your analysis and recommendations shape real capital decisions, not just monthly reports.
- A values-driven team and culture that prioritizes community impact, long-term thinking, and doing things the right way.
- Competitive compensation package including base salary, performance incentives, and full benefits (401k with match, health/dental/vision, HSA, life insurance, PTO).
POSITION DETAILS
Job Type: Full-Time, In-Person
Location: Omaha, NE (some travel expected)
Reports To: Executive Vice President of Operations
Asset Classes Covered: Commercial, Multi-Family, and Hospitality
White Lotus Group is an equal opportunity employer committed to building an inclusive workplace.
#J-18808-LjbffrVacancy posted 3 days ago
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