Senior Asset Manager

Multifamily & Build-to-Rent · Front Range, Colorado Senior Asset Manager Reports to: Managing Partner | Location: Windsor, CO (corporate office) – hybrid | Type / FLSA: Full-time, exempt | Compensation: $100,000 – $110,000 Who We Are Livmark Communities is a vertically integrated multifamily and build‑to‑rent (BTR) developer building rental housing across Colorado’s Front Range. Headquartered in Windsor, we control the full lifecycle — land, design, capitalization, construction, and long‑term ownership — with construction delivered through our affiliated general contractor and day‑to‑day operations run by best‑in‑class third‑party property managers under our direction. Our active and entitled pipeline spans thousands of units of apartments and single‑family BTR, and we differentiate on construction quality and resident experience. We move quickly, capitalize institutionally, and care deeply about the long‑term performance of what we build. Position Summary The Senior Asset Manager is responsible for protecting and growing the value of Livmark’s rental portfolio across its full lifecycle — from construction delivery and lease‑up through stabilization, hold, and eventual refinance or sale. This is a hands‑on, owner‑side role for someone who can think like a principal: building the asset management function from the ground up, owning the numbers, and partnering across development, construction, finance, accounting, and third‑party property management to execute each community’s business plan. Because Livmark develops what it owns, much of the work sits at the seam between construction deliveries and operations — turning a newly delivered building into a stabilized, cash‑flowing asset, and feeding operating results back into how we underwrite and design the next one. You will be the central point of accountability for portfolio performance and the primary author of the reporting our executive team, lenders, and investors rely on. Key Responsibilities Portfolio strategy & performance Own the financial and operational performance of a portfolio of multifamily and BTR communities, with bottom‑line accountability for results against the business plan and pro forma. Develop and execute asset‑level strategies that maximize NOI, asset value, and investor returns, tailoring the approach to each community’s market and stage in the lifecycle. Identify underperformance early, diagnose root causes, and lead corrective action plans with the property management and operations teams. Lease‑up, stabilization & asset transitions Lead the transition of newly delivered communities from construction into operations, coordinating turnover, systems setup, staffing, and the operating budget with development, construction, and property management. Partner with property management to build and drive lease‑up strategies — pricing, concessions, marketing, and absorption pacing — to reach stabilization on schedule and on budget. Track lease‑up against the construction loan and pro forma assumptions, flag variances, and adjust strategy to protect projected returns and debt‑service coverage. Financial & investment analysis Analyze monthly financial statements, rent rolls, and budget‑to‑actual variances, and translate them into clear, actionable recommendations. Build and maintain cash‑flow models and hold/sell, refinance, and recapitalization analyses (IRR, NPV, equity multiple, sensitivity), and pressure‑test underwriting assumptions against actual operating results. Review and approve annual operating budgets, capital budgets, and long‑term business plans, and lead the reforecasting process. Support acquisition, disposition, and refinancing underwriting and due diligence as the portfolio grows. Operations & third‑party property management Direct and hold accountable Livmark’s third‑party property managers, setting expectations, reviewing KPIs, and serving as the primary owner‑side point of contact. Evaluate revenue management and rental‑rate strategy, renewal and retention performance, and the effectiveness of leasing incentives and marketing spend. Develop and refine the operating systems, reporting templates, and processes that the asset management function will run on. Visit communities and leasing staff on a semi‑regular basis. Debt, lender & investor reporting Prepare and manage recurring asset management reporting for executive leadership, lenders, and investors, and own the reporting calendar. Track and maintain compliance with loan covenants and lender‑mandated reporting — debt‑service coverage, completion and stabilization milestones, draw and reserve requirements, and net‑worth/liquidity tests. Prepare quarterly and annual investor and lender packages, support asset valuations, and provide the analysis behind ownership and investor meetings. Coordinate with lenders, brokers, insurers, appraisers, attorneys, and consultants on financing, valuation, and risk matters. Market analysis Conduct ongoing market and competitive analysis — supply/demand, rent and concession trends, comparable performance, and demographics — and advise on how shifting conditions affect strategy. Feed market and operating intelligence back to the development and underwriting teams to sharpen how Livmark designs, prices, and capitalizes future communities. Qualifications Required Bachelor’s degree in Real Estate, Finance, Business, Accounting, Economics, or a related field. 3–7+ years in multifamily asset management, real estate finance, development, or related property operations experience. Strong financial modeling and advanced Excel skills, with fluency in real estate finance and valuation (NOI, cash flow, IRR, NPV, equity multiples). Excellent analytical, organizational, written, and verbal communication skills, and the judgment to work independently in a fast‑paced, entrepreneurial environment. Willingness to travel regularly to communities across Colorado’s Front Range, and a valid driver’s license. Preferred Direct experience taking ground‑up developments through lease‑up and stabilization. Experience working with institutional debt and equity and managing lender covenant compliance and investor reporting. Proficiency with Yardi, RealPage, or similar property management and revenue‑management platforms. Benefits Livmark offers a competitive benefits package for full‑time associates including medical, dental, and vision; life insurance; short‑ and long‑term disability; 401(k); an employee assistance program; and generous paid time off, including the week between Christmas and New Year’s Day. Why Join Livmark A high‑growth, entrepreneurial owner‑developer where you work directly with executive leadership and your work shapes real decisions. The chance to help build upon the asset management function — the reporting, systems, and processes. A measurable, visible impact on a robust pipeline of apartment and build‑to‑rent communities across the Colorado Front Range. Long‑term career growth tied to a substantial development pipeline. Hybrid work flexibility. Equal Opportunity Livmark Communities is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic. We are committed to building a team that reflects the communities we serve. #J-18808-Ljbffr