Commercial Real Estate Asset Manager - Multifamily ...

Douglas Development Corporation is the leading private real estate development company based in the Washington, DC metropolitan area, with a diverse portfolio across multiple asset classes. Known for our commitment to revitalizing neighborhoods and creating landmark projects, we are seeking an Asset Manager with a focus on multifamily mixed-use to join our in-person team in the District of Columbia. Overview The Asset Manager will be responsible for overseeing the operational performance of a select portfolio of assets within the firm’s residential & mixed-use portfolio. This individual will work closely with 3rd party property management teams, leasing agents, lenders, and internal teams to maximize asset value and ensure smooth operations. Responsibilities Oversee a portfolio of multifamily residential assets, ensuring operational efficiency and financial performance. Develop and execute asset-level business plans, including rent growth, leasing strategies, expense management, and capital improvement projects where needed. Monitor property performance through regular financial analysis, variance reporting, and benchmarking. Collaborate with property managers and leasing teams to drive occupancy, rental income, and tenant satisfaction. Prepare and deliver regular asset performance reports and presentations for senior leadership and lenders. Ensure compliance with loan covenants, investor requirements, and local regulatory obligations. Conduct market research to evaluate competitive positioning and identify opportunities for value creation. Qualifications Bachelor’s degree in Real Estate, Finance, Business, or related field; Master’s degree or relevant certification (CCIM, CPM) a plus. 3–5 years of experience in real estate asset management, with a strong emphasis on multifamily residential. Proficiency in financial modeling, valuation, and performance analysis. Strong understanding of multifamily operations, leasing, and capital planning. Excellent communication and relationship management skills. Highly organized, detail-oriented, and able to manage multiple priorities in a fast-paced environment. Strong working knowledge of Microsoft Excel and real estate software platforms (e.g. MRI). Details Seniority level: Mid-Senior level Employment type: Other Job function: Finance and Sales We’re not providing any additional job postings or location lists beyond this description. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr

Created: 2025-09-21