Asset Manager

We are seeking a do-er to help manage our growing portfolio of multifamily and retail assets. Our ideal candidate balances analytical prowess and attention to detail with an excitement for engaging with the tactical issues of an operating real estate portfolio. As part of a small team, the candidate must take radical responsibility for their scope of work and showcase entrepreneurial initiative. About You Proven track record of effectively managing projects with competing demands and deadlines Experience with and enthusiasm for analyzing interconnected data sets Strong attention to detail, with the ability to anticipate questions and be prepared with data-based answers Willingness to think outside the box and generate creative solutions within financial, time, or other constraints Excitement to engage with on-the-ground issues across an operating portfolio of buildings Strong communication skills – both verbal and written Collaborate well with others and value teamwork as an essential part of success Entrepreneurial, with a desire for both ownership and accountability Systems-oriented, with a willingness to learn existing and build new systems to scale the impact of your work Possess the confidence to offer opinions without complete information and the humility to change opinions with new data Desire to contribute to a culture that is inclusive, fun, engaged, and curious Interest in real estate, finance, urbanism, and/or sustainability Qualifications Demonstrated experience in financial analysis, accounting, or other relevant skills is required — real estate and/or asset management experience is preferred, but not required Undergraduate degree is required, with a master’s degree and/or relevant fields of study viewed favorably Experience with management of multiple projects or workstreams viewed favorably Entrepreneurial experiences and a track record of deploying innovations viewed favorably Alignment with Space Craft’s mission to build walkable neighborhoods and sustainable buildings is essential The Role You will work as part of the Asset Management team to oversee, optimize, and improve Space Craft’s operating portfolio of multifamily and retail assets. With ~500 apartments open now, 1,000+ expected to open over the coming years, and a plan to launch a value-add acquisitions business, you will help grow the Asset Management team, a critical function for Space Craft’s success. This role offers a unique opportunity to mix financial analysis and forecasting with on-the-ground management, allowing you to understand the full lifecycle of asset management. Portfolio Reporting, Budgeting, and Forecasting Support now, as needed (or as helpful to learn) → lead on future operating deals: Weekly review of of leasing data from property manager Monthly review of financial statements and budget-to-actual analysis Monthly review of operating data from amenity partners Update internal dashboards Periodic NOI re-forecasting Recommend additional dashboards and/or tools to evaluate and improve portfolio performance. Building Model and Systems Development Play a key role in the launch of Place Craft, Space Craft’s new value-add acquisition strategy Establish “buy box” for deals Build underwriting model to evaluate new deals Establish and grow relationships with investment sales brokers to build up deal pipeline Build and/or refine business models for value-additive services (e.g., short-term rentals, mobility) Build and/or refine tools and systems to improve asset management as a function Proactively contribute to scaling the asset management function to manage 2000+ units over the next 5 years and become a profitable business line for Space Craft Portfolio Oversight and Market Knowledge Play point on ensuring excellent condition and “curb appeal” of operating portfolio Regularly walk all assets to review condition and identify areas for improvement within a reasonable budget Recommend and implement potential ways to improve the resident experience with a positive overall impact on NOI Identify CapEx needs, analyze CapEx requests, and approve/reject CapEx spending for onsite fixes or improvements Serve as the team expert on market comps Regularly refine list of target comps based on proximity, shared traffic, and/or product similarities Review comp data weekly, share insights with team, and be ready to present SC vs. comp pricing in all capital markets conversations “Secret shop” comps, share findings with team, and recommend improvements to our portfolio Check in informally with Property Management team members to assess performance and share insights with team Building Handover and Opening Lead a successful handover of new buildings from the GC to the Property Manager Collaborate closely with the Development team to work through the pre-opening procedures Join OACs (Owner-Architect-Contractor meetings) in the months before building opening to advocate for leasing/operational needs and support building handover Regularly walk buildings nearing completion to identify and raise issues that might impact leasing or operations Support Development team with design decisions and trade-offs that have an impact on building operations and/or resident experience Support short-term rental operations, as needed Support Commercial team by joining retail broker tours with prospective retail tenants to represent Space Craft Personal & Team Growth Reserve time to connect with teammates, find mentors, and contribute ideas that improve our developments, our business, and our team. We want you to be in sync with the broader company and understand the big picture behind our development projects. Read, learn, find inspiration, and participate in professional organizations outside of work. Do what you need to do to stay creative. Location Charlotte, NC Travel occasionally to other Space Craft offices for in-person time with teammates Gather for team offsites twice annually Attend occasional events and conferences Start Date (Flexible) Summer 2025 Compensation Competitive and commensurate with experience Project-based bonuses (after an initial trial period) Thanks for your interest! We'll be in touch. #J-18808-Ljbffr