Director of Asset Management

OverviewNote: Best Ever CRE and its recruiting arm, Best Ever Talent Solutions, are proud to partner with a real estate investment firm based in Phoenix, AZ to find a Director of Asset Management. The company has requested confidentiality at this stage of the search.We are a private commercial real estate investment and operating company headquartered in Phoenix, AZ. Our focus is on acquiring, managing, and optimizing multifamily assets across the Sunbelt states, with a current portfolio of 16 multifamily communities. Our mission is to deliver consistent returns for investors while enhancing the communities we serve.Mission:The Director of Asset Management will oversee the performance of our 16 multifamily assets across the Sunbelt states. This role is responsible for driving portfolio strategy, financial performance, and operational execution. The Director will partner closely with ownership and property management teams to implement business plans, optimize NOI, and deliver long-term value. The ideal candidate is both strategic and hands-on, with strong financial acumen, market insight, and leadership skills. Success in this role means consistently achieving occupancy and revenue goals, ensuring capital projects are delivered on time and within budget, and maximizing investor returns while enhancing satisfaction.The CompanyWe are a private commercial real estate investment and operating company headquartered in Phoenix, AZ. Our focus is on acquiring, managing, and optimizing multifamily assets across the Sunbelt states, with a current portfolio of 16 multifamily communities. Our mission is to deliver consistent returns for investors while enhancing the communities we serve.Our ValuesOwnership Mindset – We treat every decision as if we personally own the outcome, ensuring accountability and long-term success.Excellence Every Day – We strive for continuous improvement and hold ourselves to the highest operational standards.-First Approach – Strong communities create strong returns; we prioritize satisfaction in every property we novation in Real Estate – We embrace creative problem-solving and data-driven strategies to stay ahead in a competitive market.RequirementsKey Performance Indicators (KPI's):Net Operating Income (NOI) Growth: Achieve or exceed annual NOI targets across the portfolio.Occupancy & Leasing Performance: Maintain portfolio-wide occupancy above 94%.Capital Projects Execution: Deliver projects on time and within budget with measurable ROI.Expense Management: Keep controllable operating expenses within 2% of approved vestor Reporting Timeliness: Deliver 100% of reporting packages accurately and on schedule.ObjectivesMaximize Portfolio Performance – Drive consistent NOI growth and maintain strong occupancy across all multifamily assets.Execute Asset-Level Business Plans – Implement strategies that optimize operations, enhance satisfaction, and improve long-term property value.Deliver Capital Projects Effectively – Oversee renovations and capital improvements that are completed on time, within budget, and aligned with investment goals.Provide Strategic Insights to Ownership – Deliver accurate, timely reporting and data-driven recommendations that support sound investment decisions.ResponsibilitiesDevelop and execute business plans for each asset to maximize NOI and long-term value.Monitor and analyze property-level financial and operational performance, implementing corrective actions where needed.Lead budgeting and forecasting processes across the portfolio.Partner with third-party property management teams to drive leasing, expense management, and capital improvement projects.Evaluate market trends and competitive positioning to inform strategy and asset decisions.Oversee capital expenditure projects and ensure alignment with ownership’s investment objectives.Present regular asset performance updates and recommendations to petenciesStrategic thinker with strong financial acumen and analytical skills.Excellent communicator who can translate complex data into actionable insights.Hands-on leader with a collaborative approach to working with teams and third-party managers.Detail-oriented yet able to see the “big picture.”Resilient, proactive, and solutions-driven under pressure.QualificationsRequired:Bachelor’s degree in Finance, Real Estate, Business, or related field.Minimum 7–10 years of experience in multifamily asset management.Proven track record managing a portfolio of multifamily properties.Strong knowledge of financial modeling, budgeting, and property operations.Preferred:Master’s degree (MBA or MS in Real Estate).Experience with Sunbelt markets.Professional certifications (CCIM, CPM, or similar).Proficiency in Yardi, RealPage, or other CRE asset management platforms.Benefits & CompensationBase Salary: $125,000 annuallyPerformance Bonus: Quarterly, based on meeting defined KPIsEquity: Potential future opportunities for equity participation (discussed with ownership)Benefits: Health insurance, paid time off, 401(k), hybrid/remote work flexibility, and professional development opportunities #J-18808-Ljbffr

Created: 2025-10-08