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Asset Manager

Grand Peaks - Miami, FL

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Job Description

The primary job responsibility is to support the Senior Asset Management team in optimizing, tracking and reporting portfolio performance, executing acquisition business plans, and maintaining ongoing investor relations.Additional responsibilities include but are not limited to:Audit property level contracts and operating data to identify new revenue sources and efficienciesCreate, maintain, and implement proprietary company Asset Management tools and templatesPrimary oversight and management of external management, vendors and service providers, ensuring adherence to business plan and budget expectationsFacilitate and lead regional property performance calls; provide feedback, directives and guidance for rent and occupancy targets, expense management and capital spend in accordance with the business planProduce debt and equity investment summary reportsPrepare and execute conveyance of property and portfolio performance to internal and external ownership partners and lendersTravel locally and nationally to various markets as needed (est. 25%) to execute operational site visits to assess operational and financial performance relative to the business plan and to perform physical property inspectionsProduce property and entity level monthly tracking reports and performance summariesContribute to and maintain monthly cashflow forecasting and asset valuationsManage internal software dashboard and asset lifecycle conveyanceFacilitate cash flow distributions including maintaining waterfalls and preferred return schedulesCollaborate with Property Management team on annual budgetingFacilitate obtaining lender and investor approvals for various business activitiesAssist with existing property recapitalizationsOngoing loan compliance and lender reporting as assignedPrepare and update internal valuation models and memos as assignedCommunicate with investors, brokers, vendors, and onsite personnel as neededAd hoc analysis as needed and other duties as assigned25% Travel requirements as needed for regular site visits within the South Florida region, site visitation expectations are monthly at minimum, expected travel to corporate HQ quarterly at minimumQualifications:Practical experience required with five (5) to ten (10) years of work experience in a multifamily asset management roleUnderstanding of industry standard real estate terms and concepts (i.e. cap rate, NOI, IRR, etc.) and accounting statements (P&L, Balance Sheet, etc)Highly analytical with advanced skills in MS Office, particularly Microsoft Excel, Entrata & Yardi product suite, Appfolio, Juniper Square, CoStar; strong written and verbal communication skills, and ability to work independentlyLocation specific: Southeast Florida or MiamiBA / BS degree - majors in finance, real estate, economics, or STEMSalary:$160,000 - $200,000, commensurate with experience + bonusesBenefits:Medical, dental and vision insurance, including flexible spending accountsLife, accidental death and dismemberment, short-term disability and long-term disability insurance availableEmployee Assistant Program401(k) Retirement Plan (pre-tax and Roth) options availableFlex Time AwayHousing discount available at any one of our properties8 paid holidays annuallyTuition Reimbursement for continuing education

Created: 2025-09-26

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