Asset Management Specialist - Multifamily Housing

Gilbane Development; New York (NY); On-site; USD 99,000 - 126,000; Full time

Benefits offered by this job

Health benefits

401(k) profit-sharing plan

Gilbane University training

Job summary

Gilbane Development seeks an Asset Management Specialist to support market rate, affordable and student housing in New York. The role focuses on developing best practices to enhance portfolio performance and achieve economic goals for the Asset Management Department.

The position involves reviewing P&L statements, coordinating monthly financial packages, and guiding on-site managers. Strong financial acumen and MS Office proficiency are required; occasional travel is expected.

Qualifications

• Bachelor’s degree or equivalent experience preferred.
• Minimum 3 years of multifamily and affordable housing property management experience preferred.
• Occassional travel required.
• Or equivalent combination of education and experience.

Responsibilities

• Assists with the operation and preservation of the portfolio by responding to questions and requests from internal and external sources.
• Assists with review of property’s profit and loss statements and distribution of information to executive staff.
• Ensures financial packages are copied monthly and filed appropriately.
• Collaborates with the Director of Asset Management to monitor financial health and implement directives.
• Ensures revenues are collected and payments processed by third party and in-house management; improves collections systems.
• Oversees on-site managers and third-party property management to meet deadlines and standards.
• Reads and advises on proposals from managers and owners for the portfolio.
• Ensures budget compliance and competitive quotes for expenditures over $3,500.
• Visits properties to inspect condition and ensure lease and company standards.
• Assists with preparing and reviewing annual operating budgets and income projections.
• Monitors critical dates in Asset Management Portfolio and lender reporting requirements.
• Supports Capital Improvement Plans through budgeting and contracting.
• Submits invoices for approvals.
• Escalates high-level issues with tenants, vendors, and contractors to asset managers.
• Performs other related duties as assigned.

Skills

Proactive

Multitasking

Analytical

Organizational

Communication

Independence

Teamwork

MS Office

Excel

RealPage

Education

Bachelor’s degree or equivalent experience

Tools

RealPage

Job description

Gilbane Development seeks an Asset Management Specialist to support market rate, affordable and student housing in New York. The role focuses on developing best practices to enhance portfolio performance and achieve economic goals for the Asset Management Department.

The position involves reviewing P&L statements, coordinating monthly financial packages, and guiding on-site managers. Strong financial acumen and MS Office proficiency are required; occasional travel is expected.