Director of Asset Management

Description

The Wolff Company is a multifamily-focused real estate investment firm seeking a Director of Asset Management to support multifamily properties across our national portfolio.

This position is for a portfolio of properties located in the western United States and the ideal person will be located either in Scottsdale, AZ or in the Pacific Northwest. If the candidate is remote, occasional travel to the corporate office may be necessary to support important projects, collaboration, or meetings.

What You Will Be Doing:

The Wolff Company, a national multifamily real estate owner and developer, is seeking an Director of Asset Management to oversee a growing portfolio of multifamily rental communities. Reporting to the SVP, Asset Management, the Director of Asset Management will be responsible for overseeing the financial performance, business strategy and reporting for the assigned portfolio. With the goal of executing on the investors’ business plan, enhancing the value of each property, and operationally maximizing returns to stakeholders, this position encompasses both “big picture” perspective as well as having a “hands on” approach to day-to-day operational issues and decision making.

Duties and Responsibilities

• Develops property budgets and business plans to improve and optimize value for an assigned group of properties
• Oversees third party property management companies to maximize property NOI
• Proactively analyzes economic trends for each specific asset; sub-market and forecast trends that impact to long/short term disposition and exit strategies
• Reports key metrics, trends and variances and implements proactive strategies to resolve operational, financial, and compliance problems
• Manages cash for the portfolio including deficit funding during lease-up and cash distributions from stabilized portfolio
• Conducts frequent property inspections to ensure assets are managed in compliance with corporate standards
• Approximately 25% travel may be required

Other

• Other duties as assigned

Requirements

• 5+ years of regional asset management experience with a progressive, professional track record of demonstrating excellence in all pursuits. Property Management professionals with experience at the VP level or above may be considered.
• Bachelor’s degree in finance, business, related field, or equivalent experience
• Deep understanding of the multi-family housing market with an existing network of contacts within the industry
• Demonstrated financial, accounting, and analytical ability to define and execute asset management strategy, including leasing and property management via 3rd party providers
• Superior organizational and project management skills to drive outcomes

WHY WOLFF?

We offer a competitive total rewards package which includes:

• Medical, dental and vision benefits
• 401k plus match
• Vacation and sick time
• Complimentary guest suite privileges
• Hybrid schedule
• And more

COMPANY OVERVIEW

The Wolff Company is an integrated real estate investment firm focused on the mission-driven development and management of rental communities across North America.

Wolff combines a discretionary private equity platform with an integrated, in-house asset management team. Wolff focuses on improving the lives of its residents by fundamentally redefining the residential rental experience, while delivering outsized investment returns.

Since 1949, Wolff has promoted a “people first” culture that encourages relentless innovation, steadfast execution, faithful stewardship and continuous learning.