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Multifamily Asset Manager

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Charlotte
 NC
Postal Code
28202
Country
United States

This job is no longer active.

Description


The Spectrum Companies

Position: Multifamily Asset Manager

Scope:

The Multifamily Asset Manager will work closely with the capital management, development, construction, marketing and leasing teams. This position is responsible for the formulation and implementation of asset management strategy of both multifamily and mixed-use assets and maximizing the performance of a growing portfolio.

Primary Responsibilities:

  • Maximize total return for each assigned asset through the analysis of property efficiencies and identifying opportunities for improved performance
  • Work closely with third party property managers and leasing agents to provide direction for and oversight of business plans, budgets, CAMs, forecasts, leases, analysis and approvals
  • Determine maintenance and capital improvements needed to ensure properties are in good condition
  • Assist in negotiating third party contracts with property managers and leases with brokers
  • Manage cash flow, distribution analysis and investment projections
  • Analyze and audit monthly financial statements from property managers
  • Develop and distribute periodic asset management reports to investors, consultants and other partners
  • Regularly inspect properties to ensure high standards of property conditions
  • Provide pre-acquisition input and assistance in due diligence process, including review of financial and operational assumptions
  • Assist in asset disposition process
  • Managing third party engineers, consultants and contractors to complete property repairs and capital projects
  • Performing market research, competitive analysis and asset-specific opportunity assessments and adhering to strategic business plans for each property
  • Prepare financial analysis to track historic portfolio and property level results in comparison to industry benchmarks.

Required Skills:

  • Effective interpersonal, communication (verbal and written) and listening skills.
  • Strong computer literacy including fluency with Microsoft Excel and Word, and PowerPoint.
  • Ability to understand and interpret commercial lease agreements and language as well as present value concepts and financial terminology.
  • Analytical problem-solving skills capable to undertake detailed analyses and make well-reasoned, decisive recommendations.
  • Demonstrated prioritization, organization and time management skills necessary to balance competing deadlines.
  • Desire to multi-task in a complex, high-volume environment and competency to work with all levels of management and personnel on critical projects.

Travel

  • Some travel will be required for periodic asset management related property visits and select acquisition due diligence.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Job Function


 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

Asset / Portfolio Management Residential Charlotte Full Time NC Asset Management Multifamily Asset Manager other