Asset Manager
Rex
Role Description
Rex is seeking an Asset Manager to architect and enforce excellence across a scaling portfolio of multifamily assets. This mandate is for a top one-percent performer who looks, acts, and communicates as a fiduciary while operating with the hardcore intensity of a competitive athlete. You will own the performance of 2,000+ units, scaling that engine to 30,000+ units through disciplined execution and sharp commercial instincts. This is an execution-driven builder role for someone who thrives in bringing order to chaos.
You will command respect from property management teams and external partners, holding them to board-level discipline through rigorous, data-driven oversight. You must be AI-fluent, leveraging emerging technology to drive operational efficiency and identify financial outliers. Your functional muscle includes 7+ years of experience in structured finance, with a proven record of placing agency debt and negotiating complex loan workouts. You are a front-line closer with the gravitas to sell Rex’s management services to ultra-high-net-worth investors and family offices.
You must combine scrappy, zero-to-one hustle with the sophisticated communication skills required to navigate high-stakes lender negotiations. We need a hard-charging executor who is firm yet respectful, a watchdog who inspires excellence while maintaining the missionary fire required to build a multi-generational enterprise. Must be missionary to the bone, obsessed with the stewardship of investor trust and deeply passionate about catalyzing human flourishing through the built environment. Fully remote, with a strong preference for Austin as a home base.
Qualifications
- 7+ years of experience in asset management, structured finance, principal investing, or multifamily portfolio operations.
- Strong background in multifamily real estate, with meaningful exposure to value-add, turnaround, and scaled portfolio management environments.
- Proven record of placing agency debt, navigating lender processes, and negotiating complex restructurings, extensions, or loan workouts.
- Deep fluency in property-level financials, including T12 analysis, rent rolls, variance analysis, budget management, reforecasting, and asset-level return optimization.
- Experience overseeing third-party property management firms and holding regional and on-site teams accountable to measurable operating standards.
- Demonstrated ability to scale systems, reporting, and execution across a growing portfolio.
- Strong command of Excel and real estate financial modeling, including scenario analysis, capital planning, sensitivity analysis, and business plan tracking.
- High proficiency with Yardi, RealPage, Entrata, AppFolio, or similar property management and reporting systems.
- AI-fluent, with a practical ability to use tools such as ChatGPT, automation platforms, BI dashboards, and workflow systems.
- Strong understanding of revenue management, expense controls, capex execution, renovation economics, and on-site operational KPIs.
- Track record of communicating with lenders, investors, family offices, and senior stakeholders in a way that builds trust and commands respect.
- Comfortable selling management services and platform capability to sophisticated capital partners and ultra-high-net-worth investors.
- Able to move seamlessly between scrappy zero-to-one problem solving and polished executive communication in high-stakes environments.
- Firm, respectful, and highly accountable, with the judgment to push operators hard while preserving alignment and momentum.
- Bachelor’s degree in finance, real estate, economics, business, or a related field preferred; advanced real estate, finance, or investment training is a plus.
- Based in Austin or willing to make Austin a frequent operating hub, while thriving in a fully remote environment with high autonomy and high standards.
- Mission-driven and deeply aligned with stewardship, investor trust, and the belief that great real estate can catalyze human flourishing.
- Competitive, relentless, and execution-obsessed, with the builder mentality to help create a multi-generational enterprise from the inside.
Requirements
- Own the financial and operational performance of a growing multifamily portfolio, with full accountability for NOI, cash flow, occupancy, collections, expense control, and business plan execution.
- Architect and enforce a best-in-class asset management operating system across assets, teams, and external partners.
- Build and manage asset-level strategies, including hold-sell analysis, capital planning, renovation pacing, lease trade-out targets, and operational turnaround plans.
- Lead weekly, monthly, and quarterly performance reviews with property management teams, holding operators to clear metrics, deadlines, and standards.
- Create rigorous reporting packages for leadership, investors, and lenders that translate portfolio data into decisions and action.
- Identify operational and financial outliers early, diagnose root causes, and implement corrective plans with urgency.
- Drive lender strategy across the portfolio, including agency debt placement, refinancing, covenant compliance, reserve negotiations, modifications, and complex loan workouts.
- Negotiate directly with lenders, servicers, attorneys, and counterparties in high-stakes situations where precision, control, and credibility matter.
- Partner with acquisitions and finance to pressure-test underwriting, transition new assets into the portfolio, and align execution against the original investment thesis.
- Evaluate and improve third-party property management performance, including staffing plans, revenue management, maintenance execution, resident experience, and budgeting discipline.
- Leverage AI tools and emerging technology to automate reporting, improve operating visibility, surface anomalies, and increase team efficiency.
- Support capital formation and business development efforts by presenting Rex’s asset management capabilities to ultra-high-net-worth investors, family offices, and strategic partners.
- Serve as a front-line closer in management and investor conversations, using data, judgment, and executive presence to build conviction and trust.
- Raise the bar across the platform by instilling urgency, accountability, and fiduciary discipline in every operating rhythm.
Benefits
- Base Salary: Commensurate with experience and market standards.
- Opportunity for performance-based bonus and/or equity in deals and funds.
- Comprehensive health, dental, and vision insurance.
- 401(k) with company matching.
- Fully remote work environment.
$80.99k - $108k
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