Asset Manager - Quest Group Executive Search and Staffing Solutions : Job Details

Quest Group is actively recruiting for a detail-oriented and strategic Asset Manager to oversee and optimize the performance of our clients multi-family or Single family Rental real estate portfolio. The ideal candidate will manage a portfolio of properties, focusing on maximizing asset value, ensuring operational efficiency, and achieving the company's financial goals.

Our client is a vertically integrated developer that has undergone explosive growth over the last 5 years and are poised for more.

Key Responsibilities

Portfolio Management

• Oversee the performance of a multi-family real estate portfolio, ensuring assets meet financial and operational benchmarks.
• Conduct regular property performance reviews, including financial analysis, occupancy trends, and market positioning.
• Develop and implement asset-specific business plans to optimize property value.
• Coordinate with 3rd party property Management

Financial Analysis and Reporting

• Analyze financial statements, rent rolls, and operational metrics to identify opportunities for improvement.
• Provide regular performance updates to senior management and investors.

Strategic Operations

• Collaborate with property management teams to ensure efficient operations and compliance with company standards.
• Evaluate and recommend strategies for rent increases, cost control, and capital improvements.
• Manage lease negotiations and tenant relations to maximize occupancy and income stability.

Market Research and Benchmarking

• Stay updated on market trends, competitive properties, and regulatory changes affecting multi-family real estate.
• Conduct market analyses to support acquisition and disposition decisions.
• Lead efforts to execute value-add strategies, including renovations and repositioning projects.
• Monitor capital expenditures to ensure projects are completed on time and within budget.

Risk Management

• Identify and mitigate risks associated with property performance, market changes, and tenant issues.
• Ensure properties comply with legal, regulatory, and insurance requirements.

Qualifications

• Bachelor's degree in Finance, Real Estate, Business Administration, or a related field; MBA or related certifications (e.g., CPM, CCIM) preferred.
• 4-5 years of experience in asset management, property management, or real estate development, with a focus on multi-family properties.
• Strong analytical skills with proficiency in financial modeling, budgeting, and investment analysis.
• Familiarity with property management software and tools (e.g., Yardi, RealPage, or similar platforms).
• Excellent interpersonal and communication skills, with the ability to build relationships with internal and external stakeholders.
• Demonstrated ability to develop and execute strategic plans to enhance asset value.