Asset Manager

Aventura, FL 33180

Posted: 04/10/2019 Industry: A & F Vertical Job Number: 15989 Pay Rate: 80,000

WE CANNOT RECRUIT OUT OF BRIDGE REAL ESTATE GROUP IN BOCA

The multi-family Asset Manager will report directly to the Chief Financial Officer in the oversight and management of various multi-family real estate investments with the overall goal of optimizing asset values.  This person will play a role in  developing and executing on both portfolio and property specific strategies, evaluating operational performance against relevant industry benchmarks, analyzing capital investment decisions and how they impact value and facilitating preparation of required reporting deliverables. 
  • Develop property / portfolio level operational strategies and analyze performance, capital projects and other relevant investment factors impacting asset values
  • Coordinate / review, present and execute comprehensive annual business plans and budgets
  • Prepare quarterly reports and financial statements
  • Assist in the review of valuation models and take part in the acquisition and disposition process, supporting due diligence efforts for select investments as directed
  • Manage the takeover of new assets and assure the smooth and successful transition into the portfolio
  • Communicate with third party property management, as well as appraisers, brokers, insurance and real estate tax consultants and other third-party providers
  • Act as a point expert in each market where properties are assigned, with a strong knowledge of competitive apartments communications, the development pipeline and other economic drivers that could impact asset performance
  • Coordinate and facilitate lender compliance with third party property manager regarding debt covenants, providing financial information and monitoring the release of escrow accounts
  • Visit all properties within the portfolio on a regular basis to coordinate efforts with third party property manager

 
  • Effective interpersonal, communication (verbal and written) and listening skills 
  • Strong computer literacy including advanced level with Microsoft Excel, Word and PowerPoint
  • Excellent financial and analytical acumen with a thorough understanding of financial statements and reporting
  • Experience working with loan agreements as well as present value concepts and financial terminology
  • Analytical problem-solving skills with capability to undertake detailed analysis and make well-reasoned, decisive recommendations
  • Demonstrated prioritization, organization and time management skills necessary to balance competing deadlines
  • High self-motivated with ability to work effectively in a fast-paced enviornment

QUALIFICATION:
  • Bachelors degree in business real-estate, finance or accounting
  • Post graduate education a plus
  • 2-3 years experience in the multi-family and/or commercial real estate is required
  • Asset Management experience is a big plus
  • Property level experience is a plus

Hours are Monday - Friday 9-6 unless travelling

Medical, dental, vision benefits and PTO after probationary period

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