About Us: Our client is a leading real estate investment firm specializing in the acquisition, management, and development of multifamily and commercial properties in urban markets. With a focus on creating value through strategic asset management, we pride ourselves on our commitment to excellence, sustainability, and community enhancement.
Position Overview: We are seeking a dynamic and experienced Multifamily Asset Manager to join our team in Washington, D.C. The ideal candidate will be responsible for overseeing the performance and operations of a diverse portfolio of multifamily properties. This role requires a strategic thinker with strong analytical skills, financial acumen, and a deep understanding of the multifamily real estate market.
Key Responsibilities:
- Portfolio Management: Oversee and manage the performance of a portfolio of multifamily properties to ensure they meet financial and operational goals.
- Financial Analysis: Conduct detailed financial analysis, including budgeting, forecasting, and variance analysis to maximize property value and returns.
- Property Operations: Collaborate with property management teams to ensure efficient and effective property operations, including maintenance, tenant relations, and compliance with regulations.
- Investment Strategy: Develop and implement asset management strategies to enhance property performance and achieve investment objectives.
- Market Research: Stay informed about market trends, economic conditions, and competitive landscape to identify opportunities and risks.
- Reporting: Prepare and present regular performance reports to senior management and investors, highlighting key metrics and insights.
- Capital Improvements: Oversee capital improvement projects, including budgeting, scheduling, and coordination with contractors and vendors.
- Lease Management: Monitor leasing activity, analyze rental rates, and work with leasing teams to optimize occupancy and rental income.
- Acquisitions and Dispositions: Assist in the evaluation and execution of property acquisitions and dispositions, including due diligence and market analysis.
- Stakeholder Relations: Maintain strong relationships with investors, lenders, and other stakeholders, ensuring clear communication and alignment with investment goals.
Qualifications:
- Education: Bachelor's degree in Real Estate, Finance, Business Administration, or a related field. MBA or relevant advanced degree preferred.
- Experience: Minimum of 3-9 years of experience in asset management, with a focus on multifamily properties.
- Skills:
- Strong analytical and financial modeling skills.
- Proficiency in real estate management software and Microsoft Office Suite.
- Excellent communication and interpersonal skills.
- Ability to multitask and manage multiple projects simultaneously.
- Knowledge of real estate markets, especially within the Washington, D.C. area.
- Strong problem-solving abilities and strategic thinking.
Benefits:
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance.
- 401(k) retirement plan with company match.
- Professional development opportunities.
- Flexible work environment.
- Paid time off and holidays.
