Director of Multifamily Asset Management

• Location: Pasadena/San Gabriel Valley, California
• $100000 - $150000 base salary
• Type: Direct Hire
• Job #899
• Salary: $100,000.00

A diversified real estate investment and property management company is looking to hire a Director of Multifamily Asset Management. This person will be responsible for asset managing a portfolio of the Company's multifamily properties throughout California with a focus on Los Angeles County. The position is ideally suited for a highly motivated, detail-oriented individual with a solid asset management and finance background, and strong work ethic. This individual should have the desire to be a part of a rapidly expanding company, and work within a team of other highly motivated individuals. This position will report to the company Owners/Principals.

Responsibilities:

• Responsibility for overall portfolio management and profitability on both properties self-managed by property owner's in-house management company and third-party managed by outside management companies.

• Oversee 3rd party property management firms to ensure optimal property performance through strict systems and controls

• Ensure the oversight and implementation of the property business plan

• Analyze property financials and performance metrics in pursuit of maximizing revenue and minimizing expenses

• Provide recommendations and implement changes for property improvements based on thorough analysis and experience

• Prepare narratives and financials for investor reporting

• Assist in the development and monitoring of strategies to maximize asset values within the portfolio

• Complete property inspections as part of monitoring property performance, management execution, and property capital needs

• Problem solve property and portfolio-level issues through research, analysis, and implementation

• Implement and monitor capital improvement projects

• Create detailed roll-up reporting on a large portfolio of multifamily properties.

Qualifications:

• 5-10+ years experience in multifamily asset management

• Bachelors degree (prefer real estate, business, or finance)

• Excellent MS Excel skills

• Strong management skills, with an ability to work independently and multitask

• Highly motivated, with a positive “can do” attitude

• An analytical approach with a results-oriented mindset

• Ability to think like an owner in all decision making

• Entrepreneurial spirit with a willingness to do what is necessary

• Travel to properties throughout California will be required. Estimated 80% in Arcadia, CA corporate office and 20% in the field.

• Experience in Yardi Voyager property management software.