BH Properties

Asset Manager, Multi-Family

BH Properties$90K — $105K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • College degree preferred
  • 5+ years in multi-family asset management; market and affordable housing experience preferred
  • Proficient in financial reporting and variance analysis
  • Strong grasp of real estate asset management principles including portfolio optimization
  • Excellent communication skills for diverse internal and external stakeholders
  • Knowledge of contracts and leasing objectives
  • Ability to manage vendors and contractors effectively

Responsibilities

  • Analyze monthly financial statements to enhance property performance
  • Collaborate with third-party management to improve team outcomes
  • Contribute to rent pricing strategies, making necessary recommendations
  • Negotiate contracts to maximize income opportunities
  • Identify market trends and guide management responses
  • Monitor property performance against market comparables
  • Review and optimize marketing programs based on performance

Benefits

  • Excellent compensation package
  • Opportunities for growth within a well-capitalized company
  • Supportive and entrepreneurial work environment
  • Flexibility for travel within Texas as the portfolio expands
Full Job Description
ASSET MANAGER, MULTI-FAMILY www.havenhousing.com

POSITION

The Company is seeking an Asset Manager for a portfolio of both market-rate and affordable multifamily assets located throughout Texas with primary responsibility for strategic oversight and performance. Although many of the assets are in the Austin metroplex, the Company intends to grow its portfolio ultimately requiring travel. The position will report to the Haven Housing's Managing Director of Operations

LOCATION

Austin, TX

RESPONSIBILITIES

Including, but are not limited to:
  • Analyze monthly financial statements to monitor property performance and identify opportunities for improvement.
  • Partner with third party management groups to positively influence site team performance.
  • Participate as needed in rent pricing strategy and make recommendations and adjustments as necessary.
  • Negotiate third party contracts and drive additional income potential.
  • Identify market trends and direct property management partners to react as needed.
  • Monitor property performance as compared to comparable properties in the market.
  • Review marketing programs and performance and adjust as needed.
  • Conduct regular property visits.
  • Prepare periodic internal reporting and present weekly to Company's management team.
  • Coordinate with internal and external parties for capital project execution to include bid review, contract negotiation and project supervision.
  • Participate in annual budget creation and review process.
  • Assist in due diligence and escrow activities for property transactions as needed.
  • Travel required - 30%

QUALIFICATIONS:
  • College degree desired.
  • Minimum 5 years of broad-based multi-family asset management; market rate and affordable housing experience desired.
  • Experience with financial reporting, variance analysis and budgeting to include capital improvement planning.
  • Understand real estate asset management principles to include portfolio optimization and value creation strategies.
  • Strong communication skills with both internal & external customers and at all levels within the organization.
  • Understand contracts, leases and leasing objectives.
  • Ability to initiate bid requests, vendor and contractor management.
  • Ability to present self and company in a professional manner in all customer communications and actions.
  • Solid time management skills with the ability to prioritize, organize and successfully balance multiple tasks and requests.
  • Must be able to exhibit initiative and work independently.
  • Must have a strong work ethic and ability to work in a fast-paced environment.
  • Must be a team player and work well with Senior Management, tenants, contractors and other daily contacts.
  • MS Office proficiency expected.
  • Experience and understanding of lead tracking programs.
  • Yardi Voyager experience a plus.

COMPENSATION:

BH Properties offers an excellent compensation package, an exciting opportunity, and the chance to grow with a well-capitalized, entrepreneurial company. For immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

About BH Properties

BH Properties is a real estate investment firm that specializes in the acquisition, management, and disposition of distressed and value-add real estate assets. The company was founded in 1997 and is headquartered in Los Angeles, California. BH Properties has a diverse portfolio of properties, including office, retail, industrial, and multifamily properties. The company is committed to creating value for its investors through strategic acquisitions and asset management.
Learn more about BH Properties
Size
50 employees
Industry

Similar Jobs

More Jobs at BH Properties

  • BH Properties
    Asset Manager, Multi-Family
    $90K — $105K *
    Austin, TX 78745 (Travis County)
    Real Estate & Construction
    In-Person
  • BH Properties
    Senior Controller
    $170K — $220K *
    Los Angeles, CA 90011 (Los Angeles County)
    Real Estate & Construction
    In-Person
  • BH Properties
    Property Manager
    $90K — $110K *
    San Diego, CA 92154 (San Diego County)
    Real Estate & Construction
    In-Person

More Real Estate & Construction Jobs

Find similar Asset Manager, Multi-Family jobs: