Asset Manager - Institutional Multifamily

Fairfield Residential; Irving (TX); Remote; USD 150,000 - 200,000; Full time

Job summary

A leading company in multifamily housing seeks an Asset Manager to maximize investment value. This role involves coordinating with various teams, preparing business plans, and overseeing property operations. The position offers remote work flexibility and requires travel as needed.

Benefits

Paid Time Off

401(k)

Flexible Spending

Life Insurance

Qualifications

• Minimum 5 years in institutional asset management.
• Leadership experience with organizational growth and mentorship required.

Responsibilities

• Establish short- and long-term goals for multifamily investments.
• Prepare business plans and develop annual budgets.
• Oversee portfolio activities and lead asset meetings.

Skills

Analytical Skills

Financial Skills

Market Evaluation

Project Prioritization

Communication

Organizational Skills

Education

Bachelor’s Degree

MBA

Tools

MS Excel

Job description

Asset Manager - Institutional Multifamily

Job Summary

This position is responsible for establishing short- and long-term goals to maximize the value of multifamily investments. The role involves coordinating with acquisition, development, construction, and property management teams, communicating strategies with senior management and joint venture partners, and overseeing the implementation of investment goals. Key responsibilities include preparing business plans, determining rehabilitation scopes, developing annual budgets, financial projections, and monitoring property operations and marketing efforts.

Location

This position offers remote work flexibility within the US. Candidates should be near a major airport for travel, which is required occasionally.

Education/Certificates

Bachelor’s degree in a related field is required; an MBA or master’s degree is preferred.

Experience

Minimum 5 years in institutional asset management, value-add/redevelopment, or acquisitions; 10+ years in multifamily preferred. Experience in creating value, market knowledge, and team collaboration is essential. Leadership experience with organizational growth and mentorship is required.

Skills, Knowledge & Abilities

Strong analytical and financial skills, market evaluation, project prioritization, proficiency in MS Excel, and excellent communication skills are necessary. The candidate should be autonomous, motivated, organized, and capable of travel as needed.

Additional responsibilities include overseeing portfolio activities, leading asset meetings, developing strategies, managing legal and market issues, and handling budgeting and compliance.

Our Company

Fairfield is a leader in multifamily housing, with over 1000 communities developed or acquired since 1985. We employ over 1,400 associates across 30 markets nationwide, dedicated to creating exceptional apartment living.

Compensation

Salary range: $150,000 - $200,000 annually, based on experience and skills. Benefits include paid time off, holidays, sick days, volunteering leave, 401(k), flexible spending, and life insurance.

*Note: The pay range is a midpoint estimate and does not include bonuses or allowances. Fairfield complies with wage laws.