Work collaboratively with the Transactions, Property Management, and Investor Relation teams on new acquisitions. Participate directly in development of strategic business plans for new investments and be responsible for the asset management elements of the acquisition process including vetting and signoff on all operating and capital improvement underwriting assumptions, developing scope of work for renovation and capital improvement projects, establishing target rent and operating expense levels, finalizing operational and capital budgets, documenting operational plans and investment goals/objectives, and on-boarding new acquisitions into the portfolio.Lead a team of asset managers and oversee all aspects of the asset management function for an assigned group of properties and partner with key members of the Multifamily Property Management team to help drive the overall performance of the company’s entire multifamily portfolio.It is anticipated that the SVP will oversee individual properties as well as portfolios that consist of multiple properties., The SVP will also be asked to lead projects to enhance performance across the company’s entire multifamily portfolio.Īmong the position’s responsibilities, the SVP, Asset Management will also, along with his/her team of asset managers, work closely with company’s Transactions team on due diligence and the formulation of business plans for new investments, assist the Transactions team with asset dispositions, and manage complex real estate issues for company’s portfolio as they arise (i.e., real estate tax appeals, counter-party negotiations under various easement, condominium, and association agreements, periodic entitlement or zoning issues with public agencies, complex environmental close-out negotiations, etc.). Over the entire life-cycle for each investment, the SVP will work closely with the company’s Asset Management and Property Management teams to ensure that each asset or group of assets meet acquisition proforma objectives, key business plan elements, capital improvement deadlines, and overall investor goals.
The SVP, Asset Management will be directly and indirectly responsible for managing all phases of the asset management process for an assigned portfolio of properties. This individual will be working in a rapidly growing, dynamic, and collaborative environment with responsibility for continually representing the owners’ financial interest through the entire investment cycle. The successful candidate must have in depth knowledge of strategic planning in a multifamily real estate context, multifamily asset and property management, finance, accounting, real estate transactions, managing people, macroeconomics and marketing. The position will also enjoy high visibility with the company’s senior executive management team.
In this capacity, the SVP will interact with all of the company's various functional areas with an emphasis on Property Management. In particular, this individual will work closely with the President of the company, the Head of Multifamily Property Management, and other senior members of the Multifamily Property Management team on sector-specific and portfolio-wide initiatives for the company in such areas as revenue enhancement, value-add capital investment programs, expense efficiency, process standardization, and others. markets as well as overall responsibility for strategic initiatives across the company’s entire multifamily property portfolio. Over time, it is anticipated that this position will absorb additional responsibilities as the company grows.
#SVP DALLAS PLUS#
The position will act as a Portfolio Manager within the AM group and this role oversee a team of approximately 4 asset managers plus supporting analysts. Directly and with this team, the SVP will be responsible for the financial performance of roughly 2/3 of the company’s multifamily investment properties in multiple U.S. The Senior Vice President, Asset Management is part of the our client’s Asset Management Group, which manages all of the company’s direct equity, preferred equity, and debt portfolio investments, headed by Peter Petron, Managing Director, Head of Asset Management.
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