Asset Manager - Austin, TX

The Asset Manager will report to the Head of Asset Management and take ownership of a diverse portfolio of distressed and underperforming real estate assets. This individual will partner closely with third-party operating partners while driving strategic initiatives that enhance portfolio value and performance.

• Oversee and hold third-party operating partners accountable for operational and financial performance across the portfolio.
• Develop and maintain reporting frameworks, dashboards, and performance metrics to provide leadership with clear portfolio insights.
• Lead acquisitions and dispositions, including underwriting, due diligence, market analysis, and transaction execution.
• Identify and implement value-enhancement, repositioning, stabilisation, and exit strategies for underperforming assets.
• Prepare investment memorandums, asset business plans, annual budgets, and ongoing performance reviews.
• Monitor market trends, leasing activity, capital markets, and comparable transactions to inform investment decisions.
• Collaborate with finance, accounting, legal, and external stakeholders on capital expenditure initiatives, leasing matters, and portfolio reporting.

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.

Oversee performance and growth of multifamily assetsManage and optimise a portfolio of complex real estate assets

A successful Asset Manager should have:

• Strong experience with asset management, particularly in the multifamily sector.
• Knowledge of financial analysis and budgeting for asset performance.
• Excellent problem-solving and decision-making skills.
• Proficiency in relevant software tools and systems for asset management.
• Strong communication and collaboration skills to work effectively with stakeholders.
• Attention to detail and ability to manage multiple priorities effectively.For the Asset Manager we are seeking:
• 7+ years of commercial real estate asset management experience.
• Experience across office, multifamily, student housing, or other institutional-quality real estate asset classes.
• Previous exposure to distressed assets, workouts, special servicing, foreclosure-related assets, or complex real estate situations is highly desirable.
• Strong understanding of investment structures including fee simple ownership, preferred equity, and alternative capital solutions.
• Proven experience supporting or leading acquisition and disposition transactions.
• Advanced financial modelling, underwriting, and analytical capabilities with strong Excel proficiency.
• Ability to build reporting processes and communicate investment performance effectively to senior stakeholders.
• Commercially minded, decisive, and comfortable operating within a fast-paced investment environment.
• Bachelor's degree in Real Estate, Finance, Business, or a related discipline.

Our client is an entrepreneurial real estate investment and asset management firm with an active acquisition strategy and a focus on value-add opportunities. The organisation offers a collaborative, hands-on environment where employees are empowered to drive strategy, influence outcomes, and contribute to continued growth.

• Opportunity to join a growing, entrepreneurial investment platform with significant capital deployment activity.
• Direct exposure to acquisitions, dispositions, and asset value-creation initiatives.
• High level of visibility with senior leadership and decision-makers.
• Dynamic and fast-moving environment where your impact will be immediately visible.
• Long-term career growth and advancement opportunities within a successful real estate investment organisation.
• Competitive compensation package commensurate with experience.

If you are interested in this opportunity apply today and reach out to Chase Smith at Michael Page.