Asset Manager
We have partnered with a legacy investor in affordable housing, with a massive footprint across the country, who is looking to bring on an Asset Manager for their equity investment team. In this role, the Asset Manager will be responsible for overseeing a portion of a 30,000+ unit portfolio, providing direction and developing strategy to meet financial and operational goals year over year.
Responsibilities:
- Conduct monthly reviews and analyses of property operating statements.
- Analyze balance sheets and income statements, review budgets and business plans, and update annual operating projections and variances.
- Prepare investment valuations using DCF models.
- Engage with partners and property managers to discuss operating activities and adherence to business plans.
- Ensure compliance with operating and property management agreements.
- Track and evaluate development and construction projects including rehabilitation initiatives, ensuring budgets and milestones are within original plans and scope.
- Participate in determining any updates to scope of work when needed.
- Monitor and track all capital expenditures, reviewing budgets, lender requirements and physical need studies.
- Develop and implement strategies to increase portfolio value, providing recommendations to senior leadership.
- Perform sensitivity analysis for refinancing and buy/sell/hold strategies.
- Conduct appraisal analysis, collect market research and provide information to potential lenders and partners.
- Facilitate refinancing and property sales, assisting partners and stakeholders when needed.
- Report and present portfolio and investment performance metrics to leadership, and the Board of Directors.
Requirements:
- 5+ years in real estate asset management or development.
- Bachelor's degree required.
- Proficiency in analyzing balance sheets, income statements, and cash flow statements.
- Expert level use of Excel and similar programs.
- Experience with budgeting and variance analysis.
- Demonstrated knowledge of affordable housing.
- Experience managing rehabilitation projects and capital expenditures.
- Excellent written and communication skills.
- Willingness and ability to travel up to 40%
This role is hybrid, 3 days in office and subject to change.
Excellent benefits package
-
Seniority level
Mid-Senior level -
Employment type
Full-time -
Job function
Finance, Management, and Strategy/Planning -
Industries
Real Estate
Referrals increase your chances of interviewing at Next Level Talent by 2x
See who you knowFeatured Benefits
Inferred from the description for this job
-
Medical insurance -
Dental insurance -
Vision insurance -
401(k) -
Paid maternity leave
Get notified about new Real Estate Manager jobs in New York, NY.
Sign in to create job alertSimilar jobs
People also viewed
-
Senior Finance Manager
Senior Finance Manager
-
Manager / Sr. Manager, Finance
Manager / Sr. Manager, Finance
-
Sr. Manager, Finance
Sr. Manager, Finance
-
Finance Manager ($140-150k)
Finance Manager ($140-150k)
-
Sr. Strategic Finance Manager
Sr. Strategic Finance Manager
-
Sr Finance Manager - Commercial FP&A
Sr Finance Manager - Commercial FP&A
-
UGG Senior Finance Manager
UGG Senior Finance Manager
-
Financial Manager
Financial Manager
-
Sr. Manager, Financial Planning & Analysis - Pet Services
Sr. Manager, Financial Planning & Analysis - Pet Services
-
FP&A Manager
FP&A Manager
Looking for a job?
Visit the Career Advice Hub to see tips on interviewing and resume writing.
View Career Advice Hub