Vice President of Asset Management

Vice President of Asset Management

Company: Rose Valley Capital

Location: Brooklyn, NY (hybrid). Approximately 25% travel to properties across the U.S (candidate must live in the New York City area)

Reports to: Chief Executive Officer

Direct reports: 2 Asset Managers

Employment type: Full-time, exempt

About Rose Valley Capital

Rose Valley Capital is a vertically integrated real estate investment and management platform that acquires, repositions, and operates conventional multifamily rental properties across the United States. Our portfolio spans approximately 13,000 residential units across 12 states. Our team combines disciplined underwriting and capital markets expertise with hands-on asset and property management, giving us direct control over performance at every property in our portfolio. As we continue to grow nationally, we are building a lean, high-caliber team to drive value across our assets.

About the Role

Rose Valley Capital is looking for a Vice President of Asset Management to lead the financial and strategic performance of our nationwide portfolio of conventional multifamily rental assets. Reporting directly to the CEO, you will set the business plan for each asset, hold property management and operations teams accountable to it, and work with ownership, capital markets, and lenders to maximize NOI and long-term value. You will lead a small, high-performing asset management team and have the opportunity to grow it as the portfolio expands. This is a senior leadership role with real influence over acquisitions, dispositions, capital planning, and portfolio strategy.

Key Responsibilities

Portfolio strategy and performance

• Develop and execute asset-level business plans, including hold/sell analysis, repositioning, and value-add strategies
• Own annual budgets, reforecasts, and long-range projections, and drive NOI and cash flow to target
• Monitor KPIs (occupancy, rent growth, delinquency, turnover, expense ratios) and act on variances across markets

Property operations oversight

• Partner with regional and property managers to align on leasing strategy, pricing, and expense control
• Review monthly operating and variance reports and lead quarterly asset reviews
• Oversee third-party vendors and service contracts for cost and quality

Capital planning and execution

• Underwrite and manage capital projects, renovations, and unit upgrades, tracking scope, budget, timeline, and returns
• Coordinate with Capital Markets on refinancings, debt compliance, and lender reporting
• Support acquisitions and dispositions through due diligence, underwriting, and transition

Reporting and stakeholder management

• Prepare investor, ownership, and lender reporting, including performance summaries and market analysis
• Ensure compliance with loan covenants and partnership agreements

Leadership

• Lead, mentor, and develop a team of two Asset Managers, setting priorities, reviewing their underwriting and reporting, and building their capacity to take on more of the portfolio
• Present portfolio performance, risks, and recommendations directly to the CEO and ownership
• Serve as a key voice in acquisition, disposition, and capital allocation decisions
• Build strong working relationships with property management, accounting, HR, and construction teams

Qualifications

• 10+ years of real estate asset management experience, with at least 5 in a senior or supervisory role
• Multifamily property sector experience is required; commercial property experience preferred.
• Conventional multifamily experience required; experience across multiple U.S. markets strongly preferred
• Bachelor's degree in Finance, Real Estate, Business, or a related field (MBA or CFA a plus)
• Advanced financial modeling and underwriting skills (Excel/ARGUS); comfort with property management platforms such as Yardi or RealPage
• Working knowledge of debt structures, loan covenants, and partnership/JV reporting
• Ability to evaluate market dynamics, rent trends, and expense drivers across different regions
• Strong analytical, communication, and presentation skills, with the ability to influence across operations, finance, and ownership
• Ability to travel to properties nationwide approximately 25% of the time

What We Offer

• Competitive Salaries & Bonuses
• Medical, Dental & Vision Plans
• 401(k) Plan with Employer Matching Contributions
• Paid Time Off (PTO) & 12+ Paid Holidays
• Flexible Spending Accounts
• Company-Paid Life Insurance
• Short-Term Disability
• Long-Term Disability
• Health Savings Account with Employer Contributions
• Pre-Tax Commuter Benefit
• Wellness Perks
• Legal Resources
• Employee Apartment Discount
• Employee Referral Program
• Employee Assistance Program
• Employee Recognition & Awards

Compensation and Benefits

Base salary range: $220,000 – $275,000, plus a target annual bonus of 20% of base salary.