Director, Asset Management - Multifamily
Director, Asset Management - Multifamily
Michael Page
Dallas, TX
See who Michael Page has hired for this role
Michael Page have partnered with a leading real estate investment firm who are recruiting for their growing asset management team. Our client is looking for a highly experienced real estate professional to join their team as a Director, Asset Management.
Client Details
Our client is a real estate acquisitions and development investment firm who own and develop multifamily properties across the region. They invest in both core and value-add assets (multifamily) and are growing their portfolio across the Sunbelt region.
Description
The Director, Asset Management will provide overall leadership and regional oversight for the portfolio of diverse multifamily assets. Alongside this your daily roles and responsibilities will include but not be limited to:
- Work directly with investment teams to review and lead the underwriting of new acquisitions prior to final bid.
- Lead the asset teams to complete renovations, property maintenance and planned preventative work on all properties throughout the region.
- Overall responsibility for executing the final asset plans and ensuring all management and rehabs completed
- Have responsibility for creating, leading and executing annual budgets alongside financial teams.
- Collaborate with internal teams - Portfolio Manager, Investment/Acquisitions, Finance etc. - to ensure proper reporting and compliance.
- Prepares lease net present value calculations and perform a comparison against budget.
- Provides reporting and analytical support to the corporate finance team and senior management as requested
Profile
The successful candidate will have:
- B.S. Degree in Accounting/Finance and 5+ years' equivalent experience within Asset Management or similar.
- Specific asset management experience with multifamily assets in the sunbelt / Mountain west regions.
- Experience with capital improvement project management.
- Experience at interpreting limited partnership agreements, financial statements, and regulatory documents
- Strong analytical skills, above average excel skills.
Job Offer
Strong, competitive base salary plus upward mobility and bonus. Target base salary of $120,000 to $160,000 depending on experience.
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
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Seniority level
Director -
Employment type
Full-time -
Job function
Other -
Industries
Leasing Non-residential Real Estate and Real Estate
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