Manager, Asset Management

Greystar Worldwide, LLC • $149K — $186K *
San Francisco, CA 94112In-Person
Real Estate & Construction
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 5+ years in real estate finance.
  • Bachelor's degree in Finance, Business, Real Estate, Economics, or related field.
  • Experience with development projects from conception to completion.
  • Strong verbal and written communication and interpersonal skills.
  • Excellent financial acumen with strong analytical and quantitative skills.
  • Ability to monitor and improve departmental progress and services.
  • Knowledge of market dynamics in the assigned region.

Responsibilities

  • Lead strategic initiatives to identify and research new investment opportunities.
  • Maintain client equity relationships through ongoing communication and detailed performance reporting.
  • Evaluate operational and financial results of the asset portfolio and recommend strategies for improvement.
  • Ensure compliance with debt and equity providers and monitor investment performance via financial modeling.
  • Report on portfolio performance compared to budget and provide strategic recommendations.
  • Analyze market trends and present updates to investment committee and equity partners.
  • Develop and implement revenue-generating and expense-reducing initiatives at the property level.

Benefits

  • Competitive medical, dental, vision, and life insurance options with low employee costs for basic coverage.
  • Generous paid time off starting with 15 days of vacation, personal days, and sick days.
  • Onsite housing discounts for Greystar-managed communities based on availability.
  • 6-week paid sabbatical after 10 years, and every 5 years thereafter.
  • 401(k) plan with company match after 6 months of service.
  • Paid parental leave and up to $10,000 in fertility benefits for family planning.
  • Employee Assistance Program and additional insurance options.
Full Job Description
JOB DESCRIPTION SUMMARY
As the Manager, Asset Management, you will be at the forefront of driving value and performance across a diverse real estate portfolio. This pivotal leadership role combines strategic vision with operational excellence, ensuring the long-term success and profitability of assets. You will oversee the development and execution of asset management strategies, optimize financial performance, and lead cross-functional teams to achieve investment goals. This position will be based at our San Fransico, CA office and will work in partnership with our development team in Northern California.

JOB DESCRIPTION

Key Responsibilities:
  • 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, discusses issues and potential challenges that threated portfolio performance, and presents recommendations, plans and strategies for enhancing value and improving financial returns.
  • Manages and ensures the portfolio's compliance with debt and equity providers, develops and provides reports to investment committee and equity partners, monitors investment performance, return, 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 portfolio's 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 Development and Construction regarding the delivery of assets, warranty items or completion of capital improvement initiatives.
  • Leads and evaluates a team of direct reports including Analysts, Associates and Managers as required.


Qualifications:
  • 5+ years of experience in real estate finance.
  • A bachelor's degree is required in Finance, Business, Real Estate, Economics, or related field.
  • Experience supporting development projects throughout the entire lifecycle from conception through completion.
  • Dynamic verbal and written communication skills and strong interpersonal abilities.
  • Strong analytical and quantitative skills, with excellent financial acumen and high proficiency with real estate underwriting and real estate finance concepts.
  • Monitors departmental progress and improves and adapts systems and services to drive results.
  • Promotes a strong customer centric culture within the department to support seamless service and trust in Greystar as a reliable partner.
  • Leads with passion, defines the vision, and facilities the development of their team.
  • Demonstrated knowledge of the market dynamics within assigned region.


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The salary range for this position will be between $149,000 - $186,000.

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: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.
  • Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.


Robust Benefits Offered*:
  • Competitive Medical, Dental, Vision, and Disability & Life insurance 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, Hospital Indemnity, Pet Insurance 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 listed information 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.

Explore Career Opportunities

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.

Join the Greystar Worldwide, LLC Team

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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Greystar Worldwide, LLC is not just a company—it is a place where careers are made, skills are honed, and professional achievements are recognized and celebrated. Join Greystar Worldwide, LLC to be part of a team that is shaping the future through innovation, leadership, and a commitment to excellence.
Learn more about Greystar Worldwide, LLC
Industry
Real Estate & Construction
* Ladders Estimates

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