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Asset manager (residential)


This is a Full-time position in Santa Monica, CA posted December 18, 2019.

FIRM Our client is a leading full-service, integrated real estate company that focuses on providing low-income families with affordable housing across the United States.

POSITION The Manager, Asset Management is responsible for collaborating with Senior Business Leaders, the transactions team, property management, vendors, lenders, CPA’s, investors, equity partners and various governmental agencies.

This role is designed to manage a portfolio of multifamily properties from acquisition to disposition.Responsibilities: Effectively manage a team of asset management associates who oversee the financial and operational performance of a multifamily and senior affordable housing portfolio.

Assist in monitoring construction, leasing, stabilization and ongoing management and compliance strategies.

Oversee implementation of site business strategies and execution plans.

Coordinate effective execution of portfolio-wide initiatives.

Assist in the continued development and refinement of Asset Management infrastructure, protocol and procedures.

Address investor, lender and equity partner requests and deadlines as needed.

Coordinate capital projects with on-site management and submit proof of required loan/agreement requirements to our partners in a timely manner.

Manage oversight of year-end budgeting process and closely manage property expenses to increase cash flow.

Assist management with various special projects as needed.

QUALIFICATIONS Undergraduate degree with a minimum of 4-5 years of relevant experience in areas such as real estate, finance, and/or banking.

Strong analytical skills with ability to evaluate complex data and present solutions, ability to problem solve with micro and macro views.

Strong communication and presentation skills to work effectively with and present to a broad range partners, agencies and third-party managers.

Self-starter with the ability to work independently and comfortable interacting with and presenting to senior management.

Strong Excel skills and experience with property financial reporting and financial modeling, preferably in commercial real estate transaction.

Affordable housing experience highly preferred.

Ability to prioritize and handle multiple projects to meet deadlines.

A mature professional with excellent judgment and interpersonal skills.

Ability to lead a team of 5-6 associates to ensure timely completion of deliverables, reporting, strategic initiatives and various business plans.

Managerial experience highly preferred.

Baseline knowledge of key affordable housing and real estate concepts or an interest/ability to quickly learn the fundamentals is a plus.

Familiarity with property management software (e.g., Yardi, RealPage) is a plus