CBRE Group Inc logo

Director, Residential Asset Management

CBRE Group Inc
  • Boston, MA
  • $200,000 Per Year
3 days ago

Job Description

Director, Residential Asset Management

Job ID

280876

Posted

28-Jul-2026

Service line

REI Segment

Role type

Full-time

Areas of Interest

Investment Management

Location(s)

Boston - Massachusetts - United States of America, New York City - New York - United States of America

About CBRE Investment Management

CBRE Investment Management is a leading global real assets investment management firm with $155.2 billion in assets under management* as of March 31, 2026, operating in 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world's largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE's data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.

About the Role

CBRE Investment Management is seeking a Director to join our residential asset management team. The position could be based in New York City, Boston or Dallas. As an Asset Management Director, you will act as the Regional Asset Manager and work with a team of analysts and associates.

The Portfolio will consist of approximately 12 - 14 properties. The properties will span the risk spectrum - including Core, Core-Plus and Value-Add - and may include multifamily, student housing, build-to-rent (BTR) and scattered-site single-family rental (SFR) assets. This position reports to the Head of Asset Management for the Residential sector.

The Director will develop the overall investment strategy for the Portfolio. This role is integral to the continued growth of CBRE IM's residential platform by maximizing asset value through optimizing occupancy, growing revenue, reducing expenses, managing capital and driving other value-add initiatives.

What You'll Do

  • Oversee and monitor performance of an assigned portfolio. Develop strategy for the properties and work with the third-party managers or JV partners to ensure timely execution of the plan.
  • Partner with the transaction team on underwriting and due diligence for new acquisitions. Manage the takeover of new acquisitions.
  • Prepare Budgets, Business Plans and Reporting: Directly responsible for the portfolio's leasing, NOI, AR and other performance. Create annual budgets and business plans for the properties in accordance with different portfolio strategies (three CBRE IM funds and various separate accounts). In conjunction with property management, accounting and analysts, responsible for financial reporting, reforecasts, and variance analysis on ad hoc, monthly, quarterly and annual basis.
  • Leasing: Lead operations and leasing strategy calls with on-site team. Work with applicable pricing managers to develop new lease and renewal pricing for properties. Work with management companies to ensure plan for marketing and leasing strategies are successful.
  • Third Party Oversight: Oversee third party property management, project management and tax consultants, including the review of operating expenses and completing capital expenditure plans.
  • Capital Improvements: Create and lead value-add capital improvement plans across a diverse portfolio of residential assets, and conduct periodic site visits to review physical condition and compliance standards.
  • Valuation, Disposition and Financing Collaboration:
  • Valuations: Collaborate with Portfolio Management on valuations using income, sales comparison, and replacement cost approaches. Assist in the review of quarterly appraisals and provide feedback to portfolio management.
  • Dispositions: Analyzing BOVs, running hold-sell analysis, and gathering due-diligence information. Assist with the Investment Committee disposition presentation.
  • Financing: Collaborate with internal capital markets team and assisting with data requests.
  • Documentation: Negotiate purchase and sale agreements, operating agreements and property management agreements.
  • Operating Partner Accountability: Supervise and drive operating partners, holding them accountable for maximizing value and profitability.
  • Cross-Functional Coordination: Interact effectively with in-house departments - including the transactions, capital markets, accounting and legal - to ensure a consistent understanding of performance expectations and efficient use of resources.
  • Market Leadership: Establish credibility both internally and externally as a residential asset management expert.
  • Develop, train and mentor junior members of the team.

What You'll Need

  • Undergraduate or graduate degree in real estate, accounting, finance, economics, or related field preferred.
  • Minimum of 10 years of direct experience in residential asset management.
  • Highly organized with ability to lead multiple tasks in a dynamic, team environment.
  • Strong knowledge of asset and property management, leasing, marketing, financial reporting and financial concepts.
  • Present information effectively to other employees, senior management, and client groups in private and public settings.
  • Travel 30-50% of the time, including overnight.
  • Experience successfully implementing and overseeing significant value-add capital projects to achieve targeted ROI.
  • Experience in managing JV relationships as well as experience in the student housing sector.
  • Prior property management and construction oversight experience.
  • Strong modeling and analytical skills, including regular use of Excel and the MS Office suite.
  • Experience working with Yardi, AIRM and industry related research and operating platforms.
  • Acute attention to detail, ability to multitask, and strong organizational skills.
  • Outstanding written and verbal communication.
  • Self-starter, able to work independently or in a team environment.
  • Demonstrated flexibility to handle multiple projects in a fast-paced environment.
  • Unquestionable integrity and ethics.
  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future

CBRE Investment Management carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for this position is $200,000 annually and the maximum salary for the position is $225,00 annually. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience. Successful candidates may also be eligible for a discretionary bonus based on CBRE's applicable benefit program.

Equal Employment Opportunity: CBRE has a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company's success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).

Investment Management

CBRE Investment Management is a leading global real assets investment management firm operating in over 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, users, people and communities thrive.

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Numbers & Facts

LocationBoston, MA
IndustryReal Estate/Property Management
Company Size10,000 employees or more
Year Founded1906
Websitehttp://www.cbre.com/

About Company

CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.

As an employee at CBRE, you have the freedom to make your own path. Your career is in your own hands; there’s no need to wait to be shown the way. "It’s about how well you perform, not just how long you’ve worked here and you're encouraged to take intelligent risks and explore new ideas and innovations. Our scale gives you mobility and a broader choice of opportunities. You'll always have a team behind you.

Skills

  • Accountingunmatched
  • Accounts Receivableunmatched
  • Analysis Skillsunmatched
  • Asset Managementunmatched
  • Budgetingunmatched
  • Business Planunmatched
  • Capital Accountingunmatched
  • Capital Expenditure (CAPEX)unmatched
  • Capital Marketsunmatched
  • Capital Projectunmatched
  • Commercial Real Estateunmatched
  • Constructionunmatched
  • Cross-Functionalunmatched
  • Detail Orientedunmatched
  • Documentationunmatched
  • Due Diligenceunmatched
  • Economicsunmatched
  • Equal Employment Opportunity (EEO)unmatched
  • Expense Managementunmatched
  • Financeunmatched
  • Financial Reportingunmatched
  • Investment Managementunmatched
  • Investment Strategyunmatched
  • Leadershipunmatched
  • Leasingunmatched
  • Legalunmatched
  • LinkedInunmatched
  • Management Consultingunmatched
  • Market Shareunmatched
  • Marketingunmatched
  • Marketing Planunmatched
  • Marketing Strategyunmatched
  • Mentoringunmatched
  • Microsoft Excelunmatched
  • Microsoft Officeunmatched
  • Multitaskingunmatched
  • Negotiation Skillsunmatched
  • Operational Expenditure (OPEX)unmatched
  • Organizational Skillsunmatched
  • People Managementunmatched
  • Performance Analysisunmatched
  • Presentation/Verbal Skillsunmatched
  • Pricingunmatched
  • Profit & Lossunmatched
  • Project/Program Managementunmatched
  • Property Managementunmatched
  • Property Rentalsunmatched
  • Real Estateunmatched
  • Regulatory Complianceunmatched
  • Relationship Managementunmatched
  • Rentalsunmatched
  • Return on Investment (ROI)unmatched
  • Revenue Growthunmatched
  • Riskunmatched
  • Salesunmatched
  • Sales Analysisunmatched
  • Strategic Planningunmatched
  • Student Housingunmatched
  • Tax Accountingunmatched
  • Team Playerunmatched
  • Time Managementunmatched
  • Twitterunmatched
  • Underwritingunmatched
  • Variance Analysisunmatched
  • Willing to Travelunmatched

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