Asset Manager - Affordable

The Senior Associate / Asset Manager will act as the owner's representative for a multifamily portfolio, partnering with third-party property management teams to drive performance, execute lease-up strategies, and maximize asset value. This role offers direct exposure to senior leadership and the opportunity to oversee assets throughout their lifecycle, from stabilization through disposition.

Client Details

Our client is a growing real estate investment and operating platform focused on the acquisition, management, and enhancement of multifamily communities across high-growth markets. The firm takes a hands-on approach to asset ownership, partnering closely with operating teams to execute value creation strategies through lease-ups, operational improvements, and strategic dispositions.

Description

Reporting directly to senior leadership, the Senior Associate / Asset Manager will serve as the ownership representative for a multifamily portfolio, partnering with third-party property management teams to maximize asset performance and investment returns.

• Oversee the day-to-day financial and operational performance of a multifamily portfolio.
• Partner with third-party property management teams to execute business plans, budgets, and revenue growth strategies.
• Lead lease-up and stabilization efforts, monitoring occupancy trends, leasing velocity, and market performance.
• Analyze property financial statements, operating metrics, and market data to identify opportunities for value creation.
• Review and approve annual budgets, forecasts, and capital expenditure plans.
• Manage capital improvement projects and operational initiatives to enhance asset value and resident experience.
• Support acquisition, disposition, and refinancing activities, including due diligence, underwriting, and transaction execution.
• Prepare asset performance reporting and present recommendations to senior leadership and ownership.

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.

Profile

For the Senior Associate / Asset Manager, Asset Management we are seeking:

• Bachelor's degree in Real Estate, Finance, Business, Accounting, or a related field.
• 4+ years of experience in multifamily asset management, property management, portfolio management, or a related real estate discipline.
• Proven experience overseeing lease-up and stabilization efforts, with a strong understanding of occupancy, revenue management, and operational performance metrics.
• Experience acting as an owner's representative and partnering with third-party property management companies.
• Exposure to dispositions, acquisitions, capital improvement projects, and asset repositioning strategies preferred.
• Strong financial analysis, budgeting, forecasting, and reporting skills.
• Advanced Microsoft Excel skills and the ability to interpret property-level financial statements and key performance indicators.
• Highly analytical, detail-oriented professional with excellent communication skills and the ability to build relationships across ownership, operations, and external partners.
• Self-starter who thrives in an entrepreneurial, fast-paced environment and is comfortable managing multiple priorities.

Job Offer

• Asset Management
  
• Salary of $120,000 to $140,000.
• Standard benefits.

Interested? Apply today.

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.