Director of Asset Management

Multifamily Asset ManagerThis role is ideal for a strategic and analytical real estate professional with deep multifamily experience and a proven ability to improve asset performance across market-rate, workforce and mixed-income communities.Responsibilities include:Leading the strategic and day-to-day asset management of a multifamily portfolio, developing and executing business plans that drive NOI growth, maximize asset value, and achieve investment objectives.Monitoring property performance through detailed analysis of financial statements, operating metrics, budgets, forecasts, occupancy trends, leasing activity, and market conditions, providing actionable recommendations to senior leadership.Partnering closely with property management, development, construction, acquisitions, accounting, and finance teams to optimize operational performance, improve efficiencies, and execute value-add initiatives.Overseeing annual budgeting, forecasting, capital planning, and financial modeling processes while ensuring portfolio performance aligns with underwriting assumptions and ownership goals.Managing capital improvement programs, renovations, refinancing efforts, recapitalizations, and disposition strategies, evaluating investment returns and ensuring projects are executed on budget and within targeted timelines.Preparing and presenting asset performance reports, investment analyses, and strategic recommendations to executive leadership, investors, lenders, and joint venture partners.Ensuring compliance with loan agreements, partnership requirements, and investor reporting obligations while maintaining strong relationships with key stakeholders.Mentoring and developing asset management team members, establishing best practices, and contributing to the overall growth and strategic direction of the organization.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.Required qualifications include:Bachelor's degree in Finance, Real Estate, Business, Accounting, Economics, or related field.7-10+ years of real estate experience with at least 5 years in asset management.Direct multifamily asset management experience overseeing market-rate, workforce, or mixed-income housing assets.Strong understanding of multifamily operations, leasing, revenue management, budgeting, and capital planning.Advanced financial modeling and analytical skills.Experience working with property management companies and operating partners.Strong proficiency in Excel, Argus, Yardi, MRI, or similar real estate software.Excellent communication, presentation, and leadership skills.Preferred qualifications include:MBA, Master's in Real Estate, or related advanced degree.Experience with institutional ownership structures, joint ventures, and private equity real estate.Exposure to development, acquisitions, or portfolio management functions.Experience overseeing portfolios exceeding $500M in asset value.What's on offer includes:Competitive base salaryAnnual performance bonusLong-term incentive/equity participation opportunitiesComprehensive health, dental, and vision coverage401(k) with company matchGenerous PTO and paid holidaysProfessional development and career advancement opportunities