Director of Asset Management - Multifamily Growth

MBK Rental Living; Irvine (CA); Hybrid; USD 180,000 - 200,000; Full time

Benefits offered by this job

401(k) matching

Medical insurance

Dental & Vision

Education assistance

FSA/福利計劃

Job summary

MBK Rental Living in Irvine, CA seeks an experienced Director of Asset Management to own performance across stabilized communities, lease-ups and new developments. You will drive revenue growth, occupancy, NOI and long-term value, while guiding third-party managers and collaborating with senior leadership and lenders.

The role requires strong financial modeling, budgeting and market analysis, plus leadership of due diligence, performance reporting, and portfolio planning.

Qualifications

• Advanced Excel financial modeling, forecasting, and scenario analysis.
• Proficiency with Microsoft Office Suite.
• Strong organization, attention to detail, and ability to manage multiple priorities.
• Self-motivated problem solver with sound judgment and deadline discipline.
• Professional, discreet, and credible with senior leaders, investors, partners, and cross-functional teams.

Responsibilities

• Own asset performance across stabilized communities, lease-ups, and new developments, with accountability for revenue growth, occupancy, expense control, NOI performance, resident experience, and long-term value creation.
• Translate ownership objectives into clear operating plans, measurable performance targets, and disciplined execution with third-party property management teams.
• Lead recurring performance reviews to evaluate leasing velocity, pricing, concessions, renewals, delinquency, expenses, marketing effectiveness, service levels, and execution of key action items.
• Develop and implement asset business plans that improve revenue, reduce controllable expenses, strengthen resident retention, and increase asset value.
• Oversee lease-up strategy for newly delivered communities, including pricing, concessions, marketing, operational start-up, turnover from construction, absorption pace, and stabilization planning.
• Analyze operating statements, rent rolls, leasing reports, market surveys, capital plans, and KPI dashboards to identify risks, trends, and actionable recommendations.
• Prepare executive-ready reporting for senior leadership, lenders, and joint-venture partners, clearly explaining performance drivers, risks, opportunities, and recommended actions.
• Lead budgets, reforecasts, financial models, KPI dashboards, and long-range business plans to support ownership decisions, cash flow projections, refinancing, dispositions, and value-creation strategies.
• Partner with acquisition, development, and construction teams on due diligence, underwriting assumptions, market research, competitive positioning, operational risks, and value-creation opportunities.
• Support dispositions, refinancing, recapitalizations, and investor reporting through asset narratives, performance summaries, due diligence materials, and responses to operational inquiries.
• Oversee third-party management agreements, vendor relationships, service contracts, and operating initiatives to improve performance, service quality, cost control, and accountability.
• Champion scalable systems, reporting tools, and process improvements that enhance portfolio oversight, data accuracy, workflow efficiency, and institutional-quality decision making.
• Build strong relationships with internal teams, third-party managers, joint-venture partners, lenders, consultants, and other stakeholders while operating with urgency, professionalism, sound judgment, and disciplined follow-through.

Skills

Advanced Excel

Office Suite

Organization

Problem solving

Communication

Education

Bachelor’s Degree

MBA preferred

Job description

MBK Rental Living in Irvine, CA seeks an experienced Director of Asset Management to own performance across stabilized communities, lease-ups and new developments. You will drive revenue growth, occupancy, NOI and long-term value, while guiding third-party managers and collaborating with senior leadership and lenders.

The role requires strong financial modeling, budgeting and market analysis, plus leadership of due diligence, performance reporting, and portfolio planning.