Asset Manager

Jpi-20cf702b; Dallas (TX); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Competitive Bonus

4 Weeks PTO

Holidays and early release days

Medical, Dental, Vision, Life

401(k) with company match

HSA / FSA

Paid parental leave

Tuition assistance

Phone reimbursement

Associate referral bonuses

Job summary

JPI seeks a Manager, Investment Ownership in Dallas to lead asset management for a portfolio of multifamily new construction assets, including market rate, workforce, and tax credit properties. You will oversee operating statements, budgets, and investor updates, coordinating with property management and revenue teams.

Applicants should have a Bachelor’s in a related field and 3–5 years in multifamily asset management, with strong negotiation and financial analysis skills; experience with AI

Qualifications

• Bachelor’s degree in a related field required; graduate degree or certifications encouraged.
• Experience in capital partners, market analytics, asset management and property operations.
• Strong negotiation skills and financial analysis capabilities.

Responsibilities

• Lead primary asset management responsibilities for a designated portfolio of multifamily new construction assets.
• Oversee monthly operating statements, budgets and business plans for new assets.
• Manage investor communications, site tours and quarterly updates.
• Construction owner’s rep support and third party vendor management.
• Leverage AI tools to draft, summarize, and accelerate daily work while ensuring accuracy.

Skills

Asset management

Multifamily asset management

Finance

Negotiation skills

Education

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

Graduate degree and/or relevant professional certifications encouraged

Tools

Claude Cowork

Microsoft Copilot

Job description

About The CompanyBuilt 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 BuildingEnhance CommunitiesImprove LivesJPI 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 companyComprehensive training and developmentPromotion from within at all levels of the organizationBorderless Careers, based on performance, potential, and personal ambitionIndustry RecognitionNMHC - #1 Fastest Growing Developer; #2 Fastest Growing Building; #8 Largest National Developer; # 11 Largest National BuilderReal Page – Most active multifamily developer in DFW for the past 8 yearsDallas Business Journal Best Places to Work – 2023Dallas Business Journal – Largest DFW Real Estate Developers - #11JPI offers associates a comprehensive benefits package with competitive salaries and more, including:Competitive Bonus Program4 Weeks PTO for All New Associates (Pro-Rated by Hire Date)11 Holidays and 8 Early Release DaysMedical, Dental, Vision, and Life Insurance401(k) with Company Match (Up to 5% Match)Health Savings AccountFlexible Spending Accounts (Dependent & Medical Reimbursement)Paid Parental LeavePaid Volunteer TimeTuition AssistancePhone ReimbursementAssociate Referral BonusesAbout 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 & ResponsibilitiesInvestment OwnershipLead 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 AutomationUses 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 ResponsibilitiesOther duties as assigned.Education, Work Experience, & Physical RequirementsA 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 management including multifamily development and lease-up experience.