Senior Asset Manager

Elanden Advisors

Job Description

VP of Asset Management

We are seeking an experienced VP of Asset Management to oversee the financial performance of a diversified real estate portfolio consisting of approximately 7,000 multifamily units, five net-leased commercial buildings, and 40 retail leases .

This is a senior-level financial and strategic role , not a day-to-day property management position. The VP will focus on maximizing portfolio performance through budgeting, revenue growth, expense management, third-party property manager oversight, and lender reporting.

Key Responsibilities

Develop and oversee annual budgets across the portfolio
Monitor revenue, expenses, P&Ls, and monthly financial performance
Identify budget variances and performance issues before they become larger problems
Hold third-party property management companies accountable to financial targets
Oversee financial performance of approximately 7,000 multifamily units
Manage financial oversight, renewals, and leasing activity across commercial and retail assets
Work with leasing brokers to fill commercial and retail vacancies
Review loan documents and monitor financial covenants
Prepare and oversee lender reporting and proactively flag compliance risks
Report portfolio performance and recommendations directly to ownership
Partner with ownership on capital allocation and strategic portfolio decisions

Qualifications

8+ years of real estate asset management, finance, or related experience
Strong background in budgeting, P&L management, financial analysis, and portfolio performance
Hands-on experience with multifamily, commercial, and/or retail real estate
Experience overseeing third-party property management companies
Ability to read and interpret loan documents and financial covenants
Affordable housing experience is a plus
Strong leadership, communication, and executive-level decision-making skills
Highly proactive with the ability to identify problems and drive solutions independently

This is an excellent opportunity for an experienced real estate finance and asset management professional to take ownership of a substantial and diversified portfolio while working closely with ownership on strategy and long-term performance.

Apply

Vacancy posted 2 days ago

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