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Associate Director Asset Management (Student Housoing Portfolio)

Coda Search│Staffing

New York (NY)

On-site

USD 150,000 - 180,000

Full time

5 days ago
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Job summary

Coda Search│Staffing is looking for a Manager of Asset Management to oversee the performance of student housing assets in New York. This role focuses on maximizing property-level performance and involves managing financial analyses, collaborating with teams, and driving initiatives that enhance value for investors.

Benefits

Medical insurance
Vision insurance
401(k)

Qualifications

  • 5+ years of experience in asset management, real estate finance, or operations.
  • Strong understanding of property financials and asset valuation.
  • Highly organized and detail-oriented, capable of managing multiple projects.

Responsibilities

  • Manage the financial and operational performance of student housing properties.
  • Analyze property-level financials and provide actionable insights.
  • Oversee budgeting and execution of CapEx and renovation projects.

Skills

Financial analysis
Communication
Leadership
Organizational skills

Education

Bachelor’s degree in Real Estate, Finance, Business, or related field
Master’s degree or MBA

Tools

Excel
Argus
Yardi

Job description

This range is provided by Coda Search│Staffing. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$150,000.00/yr - $180,000.00/yr

Coda Search is partnering with a dynamic and growing real estate investment and operating firm with offices in NYC. The firm makes investments across all asset classes, including commercial, retail, mixed-use, and student housing, driving long-term value for its investors. The team is seeking to hire a Manager of Asset Management to oversee the performance of a portfolio of student housing assets. This individual will be responsible for maximizing property-level performance, supporting value creation initiatives, and partnering with internal and external stakeholders including property management, development, finance, and acquisitions teams.

Key Responsibilities:

  • Manage the financial and operational performance of a portfolio of student housing properties, ensuring alignment with strategic business plans.
  • Analyze property-level financials (P&L, NOI, IRR, etc.), monitor budget-to-actual variances, and provide actionable insights to drive performance.
  • Collaborate with on-site and third-party property management teams to implement and monitor asset-level business plans, capital improvement strategies, and leasing goals.
  • Monitor market trends, occupancy levels, rental rates, leasing velocity, and competitive positioning to inform pricing strategies and maximize revenue.
  • Prepare monthly, quarterly, and annual asset management reports for internal leadership and investors.
  • Oversee budgeting, approval, and execution of CapEx and renovation projects, ensuring delivery on time and within budget.
  • Lead annual budgeting processes and provide quarterly reforecasts for the assigned portfolio.

Qualifications:

  • Bachelor’s degree in Real Estate, Finance, Business, or a related field; Master’s degree or MBA a plus.
  • 5+ years of experience in asset management, real estate finance, or operations, with a strong preference for student housing experience.
  • Strong understanding of property financials, lease-up strategies, and asset valuation.
  • Advanced Excel and financial modeling skills; experience with Argus or Yardi a plus.
  • Excellent communication and presentation skills, with the ability to interact with executive leadership and investors.
  • Highly organized and detail-oriented, with the ability to manage multiple projects simultaneously.
Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance

Referrals increase your chances of interviewing at Coda Search│Staffing by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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