Asset Manager

Manager, Investment Ownership

Built on a foundation of integrity, respect, and commitment, JPI stands out as one of the most active real estate developers and builders in the nation. For more than 35 years, JPI has designed and developed communities with best-in-class homes and amenities. JPI is committed to data-driven management and continuous improvement. Its team of experts utilizes data – including unparalleled market research, proven business processes, and proprietary models – to ensure that every decision is strategic, focused, and produces exceptional multifamily communities with the best risk-adjusted returns. More than just great communities, JPI is focused on leaving a lasting impact on the communities where we build and is continually committed to "Building What Matters." JPI operates as a subsidiary of Sumitomo Forestry, which is recognized as one of the largest home builders in the United States.

JPI has an ambitious and exciting vision for how we will achieve this, which makes for a positive and dynamic work environment, with many opportunities for personal development and growth. As well as our highly competitive offering of compensation and benefits, we are committed to:

• Transformative careers in a transformative company
• Comprehensive training and development
• Promotion from within at all levels of the organization
• Borderless careers, based on performance, potential, and personal ambition

JPI offers associates a comprehensive benefits package with competitive salaries and more, including:

• Competitive bonus program
• 4 weeks PTO for all new associates (pro-rated by hire date)
• 11 holidays and 8 early release days
• Medical, dental, vision, and life insurance
• 401(k) with company match (up to 5% match)
• Health savings account
• Flexible spending accounts (dependent & medical reimbursement)
• Paid parental leave
• Paid volunteer time
• Tuition assistance
• Phone reimbursement
• Associate referral bonuses

The Manager, Investment Ownership is expected to engage in any or all of a broad range of responsibilities across the real estate project lifecycle. The position demands independent technical input and decision-making in relation to JPI projects.

Essential functions and responsibilities:

• Lead primary asset management responsibilities for a designated portfolio of multifamily new construction (market rate, workforce, tax credit, build-to-rent).
• Oversee regularly scheduled meetings and calls with property management team members and with revenue management representatives.
• Manage monthly operating statements, annual operating budgets, and business plans for new assets.
• Strong understanding of multifamily valuations, waterfalls, cash management, property financials, and sell/hold analysis.
• Manage investor communications, including site tours and quarterly updates.
• Handle PM onboarding and pre-lease-up activities.
• Construction owner's rep support.
• Third party vendor management.
• Able to manage multiple projects/tasks simultaneously.

AI and automation:

• Uses approved enterprise AI tools (e.g., Claude Cowork, Microsoft Copilot) to draft, summarize, analyze, and accelerate everyday work.
• Applies sound judgment to review AI-generated outputs for accuracy, tone, and appropriateness before using or sharing them.
• Follows company data handling, confidentiality, and acceptable-use policies when working with AI tools and sensitive information.
• Demonstrates curiosity and willingness to adopt new tools; actively participates in AI training, office hours, and adoption campaigns.
• Uses AI assistants to reduce manual effort on routine tasks (email drafting, meeting notes, document summarization, basic research).

Non-essential duties and responsibilities:

• Other duties as assigned.

Education, work experience, and physical requirements:

• A bachelor's degree in business, finance, urban planning, accounting, real estate, engineering, math, or related field required. Graduate degree and/or relevant professional certifications encouraged.
• Demonstrated experience in working with capital partners, market analytics, asset management, property operations, and strong negotiation skills.
• Minimum of 3-5 years' experience in multifamily asset management including multifamily development and lease-up experience.