Asset Manager

Michael Page; New York (NY); On-site; USD 150,000 - 230,000; Full time

Benefits offered by this job

Competitive base salary

Annual performance bonus

Long-term incentive/equity

Health, dental, and vision coverage

401(k) with company match

Generous PTO and holidays

Professional development opportunities

Job summary

Michael Page is seeking a strategic asset manager to lead the day-to-day management of a growing multifamily portfolio across market-rate, workforce, and mixed-income communities. You will develop and execute business plans to drive NOI growth and maximize asset value, while coordinating with cross-functional teams.

The role requires deep multifamily experience, advanced financial modeling, and the ability to present recommendations to executive leadership, investors, lenders, and joint venture

Qualifications

• Bachelor's degree in Finance, Real Estate, Business, Accounting, Economics, or related field.
• 7-10+ years of real estate experience with at least 5 years in asset management.
• Direct multifamily asset management experience overseeing market-rate, workforce, or mixed-income housing assets.
• Strong understanding of multifamily operations, leasing, revenue management, budgeting, and capital planning.
• Advanced financial modeling and analytical skills.
• Experience working with property management companies and operating partners.
• Excellent communication, presentation, and leadership skills.

Responsibilities

• Lead the strategic and day-to-day asset management of a multifamily portfolio, developing and executing business plans that drive NOI growth, maximize asset value, and achieve investment objectives.
• Monitor property performance through detailed analysis of financial statements, operating metrics, budgets, forecasts, occupancy trends, leasing activity, and market conditions, providing actionable recommendations to senior leadership.
• Partner closely with property management, development, construction, acquisitions, accounting, and finance teams to optimize operational performance, improve efficiencies, and execute value-add initiatives.
• Oversee annual budgeting, forecasting, capital planning, and financial modeling processes while ensuring portfolio performance aligns with underwriting assumptions and ownership goals.
• Manage capital improvement programs, renovations, refinancing efforts, recapitalizations, and disposition strategies, evaluating investment returns and ensuring projects are executed on budget and within targeted timelines.
• Prepare and present asset performance reports, investment analyses, and strategic recommendations to executive leadership, investors, lenders, and joint venture partners.
• Ensure compliance with loan agreements, partnership requirements, and investor reporting obligations while maintaining strong relationships with key stakeholders.
• Mentor and develop asset management team members, establish best practices, and contribute to the overall growth and strategic direction of the organization.

Skills

Communication

Presentation

Leadership

Strategic thinking

Education

Bachelor's degree in Finance/Real Estate/Business

MBA or Real Estate related advanced degree

Tools

Excel

Argus

Yardi

MRI

Job description

• Responsible for financial performance of a growing multifamily portfolio
• Work closely with executive leadership while driving initiatives

About Our Client

Nationally recognize, full-service real estate development and investment firm

Job Description

This role is ideal for a strategic and analytical real estate professional with deep multifamily experience and a proven ability to improve asset performance across market-rate, workforce and mixed-income communities.

• Lead the strategic and day-to-day asset management of a multifamily portfolio, developing and executing business plans that drive NOI growth, maximize asset value, and achieve investment objectives.
• Monitor property performance through detailed analysis of financial statements, operating metrics, budgets, forecasts, occupancy trends, leasing activity, and market conditions, providing actionable recommendations to senior leadership.
• Partner closely with property management, development, construction, acquisitions, accounting, and finance teams to optimize operational performance, improve efficiencies, and execute value-add initiatives.
• Oversee annual budgeting, forecasting, capital planning, and financial modeling processes while ensuring portfolio performance aligns with underwriting assumptions and ownership goals.
• Manage capital improvement programs, renovations, refinancing efforts, recapitalizations, and disposition strategies, evaluating investment returns and ensuring projects are executed on budget and within targeted timelines.
• Prepare and present asset performance reports, investment analyses, and strategic recommendations to executive leadership, investors, lenders, and joint venture partners.
• Ensure compliance with loan agreements, partnership requirements, and investor reporting obligations while maintaining strong relationships with key stakeholders.
• Mentor and develop asset management team members, establish best practices, and contribute to the overall growth and strategic direction of the organization.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

Required

• Bachelor's degree in Finance, Real Estate, Business, Accounting, Economics, or related field.
• 7-10+ years of real estate experience with at least 5 years in asset management.
• Direct multifamily asset management experience overseeing market-rate, workforce, or mixed-income housing assets.
• Strong understanding of multifamily operations, leasing, revenue management, budgeting, and capital planning.
• Advanced financial modeling and analytical skills.
• Experience working with property management companies and operating partners.
• Strong proficiency in Excel, Argus, Yardi, MRI, or similar real estate software.
• Excellent communication, presentation, and leadership skills.

Preferred

• MBA, Master's in Real Estate, or related advanced degree.
• Experience with institutional ownership structures, joint ventures, and private equity real estate.
• Exposure to development, acquisitions, or portfolio management functions.
• Experience overseeing portfolios exceeding $500M in asset value.

What's on Offer

• Competitive base salary
• Annual performance bonus
• Long-term incentive/equity participation opportunities
• Comprehensive health, dental, and vision coverage
• 401(k) with company match
• Generous PTO and paid holidays
• Professional development and career advancement opportunities