Real Estate Asset Manager Job at Career Group, Los Angeles, CA

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  • Career Group
  • Los Angeles, CA

Job Description

Company Description:

A mission-driven real estate private equity firm, deploying capital into the development of high-quality community- serving infrastructure in traditionally underserved urban communities.

Job Description:

The Company is currently seeking an experienced Asset Manager for its multifamily housing platform. Theposition will be based in the company’s headquarters in Los Angeles, CA. The candidate will join a closely-knit team and actively assist in the management of a portfolio of multifamily assets throughout the country.

Responsibilities include:

• Developing asset-level business plans and budgets, including for capital projects and operations;

• Updating and maintaining investment-level asset management proformas and performing ad hoc scenario analyses;

• Managing asset level risks and opportunities, including those related to insurance, utilities, and taxes;

• Researching and maintaining a pulse on market dynamics and performance;

• Working closely with the property management company to ensure the successful execution of each asset’s marketing, leasing, operations, maintenance, social and environmental impact programming, and capex plans;

• Ensuring compliance for each asset’s loan and other contractual obligations;

• Developing and maintaining relationships with lenders and business partners;

• Preparing quarterly and other periodic reporting to investors and lenders to ensure timely, accurate, consistent, and complete deliverables;

• Utilizing and honing business intelligence tools to track and improve key performance indicators that span operational, financial, social, and environmental impact;

• Coordinating internally across platforms, departments and functions, including legal and accounting in the performance of duties; and

• Assisting in acquisition due diligence and portfolio management as needed.

Qualifications:

• Passion for community/economic development and environmental sustainability;

• Minimum of 5 years of experience managing large-scale multifamily properties, spanning a range of affordable and market rate units, preferably within a private equity structure;

• Thorough understanding of all facets of multifamily management, including leasing, operations, budgets, capital projects, and financing;

• Strong quantitative skills and demonstrated analytical ability;

• Strong oral and written presentation skills;

• Attention to detail and ability to independently manage multiple projects simultaneously;

• Experience working with and leading internal and external teams;

• Proficiency in Excel, PowerPoint, and Word;

• Bachelors’ degree required; and

• Additional certifications (e.g., LEED, graduate degree) and familiarity with housing development, housing policy, and multifamily property management software are preferred.

Please submit your resume for immediate consideration!

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