Vice President of Asset Management
A large, well-established real estate investment firm is searching for an VP of Asset Management to join their growing team. This person will be responsible for managing the firm's portfolio of multifamily assets in the Southeast, and a great opportunity to join an industry leading firm during an inflection point of growth.
The Vice President of Asset Management will be responsible for:
The Vice President of Asset Management will be responsible for overseeing the performance and strategic direction of the company's multifamily property portfolio. This role requires a strategic thinker with a deep understanding of real estate markets, asset management, and financial acumen. The VP of Asset Management will work closely with senior leadership to maximize the value and performance of the company's assets, drive operational efficiencies, and support the overall growth strategy.
Key Responsibilities:
- Develop and implement strategic asset management plans to optimize the performance and value of the property portfolio.
- Oversee the financial performance of the assets, including budgeting, forecasting, and financial analysis.
- Conduct regular portfolio reviews to assess performance, identify opportunities for improvement, and implement corrective actions.
- Lead a team of asset managers, providing guidance, mentorship, and professional development opportunities.
- Collaborate with property management teams to ensure operational excellence and tenant satisfaction.
- Conduct market research and analysis to identify trends, opportunities, and risks in the South Florida real estate market.
- Develop and maintain strong relationships with investors, stakeholders, and partners.
- Prepare and present comprehensive asset performance reports to senior leadership and investors.
- Ensure compliance with all regulatory and legal requirements related to property management and investment.
- Identify and evaluate potential acquisition and disposition opportunities to enhance the portfolio.
- Drive sustainability initiatives and implement best practices for energy efficiency and environmental stewardship.
The VP of Asset Management has the following qualifications:
- 5+ years in experience in one of the following fields: asset management or real estate operations
- Experience with Multifamily assets
- Bachelor degree from a top tier institution
- Excellent understanding of Excel with spreadsheet analysis experience
- Strong work ethic and attention to detail
- Exceptional interpersonal, communication and organizational skills
- Ability to frequently travel to assets