Director, Asset Management

Greystar Worldwide, LLC$125K — $150K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years of experience in investment management or real estate finance
  • Proven track record in managing client relationships and portfolios
  • Strong analytical skills with expertise in DCF financial modeling
  • Effective communication skills for client presentations and reports
  • Ability to lead teams and coordinate with different departments
  • Experience in developing and executing operational strategies
  • Knowledge of market trends and economic factors impacting investments

Responsibilities

  • Lead implementation of investment management strategies and initiatives
  • Identify and research new investment opportunities
  • Maintain strong client relationships through regular communication
  • Develop market assessments to drive portfolio value
  • Manage compliance and performance reporting for portfolios
  • Measure portfolio performance against budgets and forecasts
  • Identify operational enhancements to improve asset value

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Generous paid time off including vacation and holidays
  • 10-year service sabbatical and additional vacation perks
  • 401(k) plan with company matching
  • Paid parental leave and fertility benefit reimbursement
  • Employee assistance and wellness programs
  • Charitable giving initiatives
Full Job Description
Leads the implementation of the Company’s strategies, programs, policies, and initiatives related to investment management associated with the underwriting of the portfolio of owned assets, and partners with Real Estate Operations to implement specific plans and programs that achieve the financial, investment, and operating goals of the assigned portfolio. Leads initiatives, activities and strategies by researching, analyzing, and identifying new investment opportunities supported by market opinions, contacting and meeting with potential clients, preparing and presenting financial proposals, and overseeing the take-over and transition of new properties either acquired or developed. Maintains and manages client equity relationships and satisfaction by maintaining on-going communication, providing detailed reports, market updates, and financial analysis on the performance of the portfolios, acting quickly and with urgency to address client concerns, questions, or requests, and reviewing and acting on client satisfaction survey results. Develops market and asset reviews to evaluate the overall operational and financial results for the asset portfolio, surfaces and discusses issues and potential challenges that threaten portfolio performance, and presents recommendations, plans, and strategies for enhancing value and improving financial returns. Manages and ensures the portfolios compliance with debt and equity providers, develops and provides reports to investment committee and equity partners, monitors investment performance, returns, and forecasts through DCF financial modeling, and recommends methods to optimize returns at the asset and subsequently the portfolio level. Measures, evaluates and reports on the portfolios performance against budget and investment proforma, managing and monitoring cash flow, making strategic recommendations on asset capitalization, and preparing monthly and quarterly client portfolio/performance reports. Reviews market, economic, and capital trends and factors impacting the performance of the portfolio, prepares and delivers presentations and updates to investment committee/equity partners, and participates in formulating the long-term disposition and exit strategy for the assets. Develops and leads revenue-enhancing and expense containment programs and initiatives at the property level, monitors resident turnover and satisfaction indicators, and identifies and acts on opportunities to drive operational excellence to enhance value. Interacts with the capital projects group to execute rehab and other capital improvements. #LI-KD1 Additional Compensation: Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location. Corporate Positions:Inaddition to the base salary, this role may be eligible to participateina quarterly or annual bonus program based onindividual and company performance. Onsite Property Positions:Inaddition to the base salary, this role may be eligible to participatein weekly, monthly, and/or quarterly bonus programs. Robust Benefits Offered*: Competitive Medical, Dental, Vision, and Disability & Lifeinsurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service. Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure. For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability. 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter). 401(k) with Company Match up to 6% of pay after 6 months of service. Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy). Employee Assistance Program. Critical Illness, Accident, HospitalIndemnity, PetInsurance and Legal Plans. Charitable giving program and benefits. *Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listedinformation above due to Collective Bargaining Agreements and/or local governing authority.

About Greystar Worldwide, LLC

Greystar Worldwide, LLC Careers

Joining Greystar Worldwide, LLC presents an unparalleled opportunity to become part of a leading team of professionals dedicated to pioneering innovations in the global marketplace. Greystar Worldwide, LLC stands as a beacon of career growth and professional development, offering a plethora of job opportunities across various sectors.

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Greystar Worldwide, LLC invites talented individuals to explore its diverse range of job opportunities. From internships that provide a solid foundation for future leaders to full-time positions that challenge and expand professional skills, Greystar Worldwide, LLC is a hub for career advancement.

Innovation and Leadership

At Greystar Worldwide, LLC, innovation intersects with leadership, driving the company to new heights in industry standards and operational excellence. Employees are encouraged to lead projects that set benchmarks in technology and service, fostering a culture of continuous improvement and creative problem-solving.

Diversity and Inclusion

With a commitment to diversity and inclusion, Greystar Worldwide, LLC ensures that all team members receive diversity training, promoting an environment where everyone’s contributions are valued. This approach not only enhances team dynamics but also contributes to the company’s robust problem-solving capabilities.

Professional Growth and Development

Career growth at Greystar Worldwide, LLC is not just a possibility—it is a priority. The company supports its employees with unmatched training programs, leadership development courses, and opportunities for networking and professional growth. This commitment ensures that every team member can reach their full potential.

Benefits and Culture

Greystar Worldwide, LLC is renowned for its vibrant culture and comprehensive benefits package designed to support the well-being and financial security of every team member. Employment at Greystar Worldwide, LLC means access to health benefits, retirement plans, and wellness programs that together create a supportive and positive workplace.

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Greystar Worldwide, LLC is actively hiring and looking for individuals who are passionate, curious, and driven to excel. Candidates interested in applying are encouraged to submit their resume and prepare for an interview process that values insight, experience, and a readiness to contribute to a dynamic team.

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