Asset Manager

JPI; Dallas (TX); On-site; USD 95,000 - 150,000; Full time

Benefits offered by this job

Competitive Bonus Program

4 Weeks PTO for All New Associates (Pr

11 Holidays

Medical, Dental, Vision, and Life

401(k) with Company Match

Health Savings Account

Flexible Spending Accounts

Paid Parental Leave

Paid Volunteer Time

Tuition Assistance

Phone Reimbursement

Associate Referral Bonuses

Job summary

JPI is seeking a Manager of Investment Ownership to oversee asset management for multifamily projects and coordinate with capital partners. The role requires independent input across the project lifecycle and strong analytical and negotiation skills.

Responsibilities include managing operating statements, budgets, investor updates, and vendor coordination. A bachelor's in a related field is required, with 3–5 years of multifamily experience preferred.

Qualifications

• Bachelor’s degree required; graduate degree encouraged.
• 3–5 years of multifamily asset management experience, including development and lease-up.
• Experience with capital partners and market analytics.

Responsibilities

• Lead asset management for a designated multifamily portfolio (market rate, workforce, tax credit, build-to-rent).
• Oversee monthly operating statements, budgets, and business plans for new assets.
• Manage investor communications, site tours, and quarterly updates.

Skills

Asset management

Capital partners

Negotiation

Cross-functional collaboration

Education

Bachelor’s degree in Business, Finance, Urban Planning, Accounting, Real Estate, Engineering, Math or related field

Tools

Claude Cowork

Microsoft Copilot

Job description

About The Company

Built on a foundation of integrity, respect, and commitment, JPI stands out as one of the most active real estate developers and builders in the nation. For more than 35 years, JPI has designed and developed communities with best-in-class homes and amenities. JPI is committed to data-driven management and continuous improvement. Its team of experts utilizes data – including unparalleled market research, proven business processes, and proprietary models – to ensure that every decision is strategic, focused, and produces exceptional multifamily communities with the best risk-adjusted returns. More than just great communities, JPI is focused on leaving a lasting impact on the communities where we build and is continually committed to “Building What Matters.” JPI operates as a subsidiary of Sumitomo Forestry, which is recognized as one of the largest home builders in the United States.

_ Why work for us? _

We have a 35-year track record of developing multifamily communities with responsibility, accountability, and integrity. Our stated purpose is to:

• Transform Building

• Enhance Communities

• Improve Lives

JPI has an ambitious and exciting vision for how we will achieve this, which makes for a positive and dynamic work environment, with many opportunities for personal development and growth. As well as our highly competitive offering of compensation and benefits, we are committed to:

• Transformative careers in a transformative company

• Comprehensive training and development

• Promotion from within at all levels of the organization

• Borderless Careers, based on performance, potential, and personal ambition

Industry Recognition

• NMHC - #1 Fastest Growing Developer; #2 Fastest Growing Building; #8 Largest National Developer; # 11 Largest National Builder

• Real Page – Most active multifamily developer in DFW for the past 8 years

• Dallas Business Journal Best Places to Work – 2023

• Dallas Business Journal – Largest DFW Real Estate Developers - #11

JPI offers associates a comprehensive benefits package with competitive salaries and more, including:

• Competitive Bonus Program

• 4 Weeks PTO for All New Associates (Pro-Rated by Hire Date)

• 11 Holidays and 8 Early Release Days

• Medical, Dental, Vision, and Life Insurance

• 401(k) with Company Match (Up to 5% Match)

• Health Savings Account

• Flexible Spending Accounts (Dependent & Medical Reimbursement)

• Paid Parental Leave

• Paid Volunteer Time

• Tuition Assistance

• Phone Reimbursement

• Associate Referral Bonuses

About the Job.

The Manager, Investment Ownership is expected to engage in any or all of a broad range of responsibilities across the real estate project lifecycle. The position demands independent technical input and decision-making in relation to JPI projects.

Essential Functions & Responsibilities

Investment Ownership

• Lead primary asset management responsibilities for a designated portfolio of multifamily new construction assts (market rate, workforce, tax credit, build-to-rent).

• Oversee regularly scheduled meetings and calls with property management team members and with revenue management representatives.

• Manage monthly operating statements, annual operating budgets, and business plans for new assets.

• Strong understanding of multifamily valuations, waterfalls, cash management, property financials, and sell/hold analysis.

• Manage investor communications, including site tours and quarterly updates.

• Handle PM onboarding and pre-lease-up activities.

• Construction owner’s rep support.

• Third party vendor management.

• Able to manage multiple projects/tasks simultaneously.

AI and Automation

• Uses approved enterprise AI tools (e.g., Claude Cowork, Microsoft Copilot) to draft, summarize, analyze, and accelerate everyday work.

• Applies sound judgment to review AI-generated outputs for accuracy, tone, and appropriateness before using or sharing them.

• Follows company data handling, confidentiality, and acceptable-use policies when working with AI tools and sensitive information.

• Demonstrates curiosity and willingness to adopt new tools; actively participates in AI training, office hours, and adoption campaigns.

• Uses AI assistants to reduce manual effort on routine tasks (email drafting, meeting notes, document summarization, basic research).

Non-Essentials Duties and Responsibilities

• Other duties as assigned.

Education, Work Experience, & Physical Requirements

• A Bachelor’s Degree in Business, Finance, Urban Planning, Accounting, Real Estate, Engineering, Math or related field required. Graduate degree and/or relevant professional certifications encouraged.

• Demonstrated experience in working with capital partners, market analytics, asset management, property operations, and strong negotiation skills.

• Minimum of 3-5 years’ experience in multifamily asset managementincluding multifamily development and lease-up experience.