Director, Student Housing Asset Strategy

Macdonald & Company; Austin (TX); On-site; USD 170,000 - 230,000; Full time

Job summary

Macdonald & Company is exclusively retained to appoint a Director of Asset Management for a leading student housing developer and operator in Austin. The role focuses on driving performance and long-term value across a portfolio of residential assets, collaborating with operations, investments, finance and internal teams to grow NOI and manage risk.

The successful candidate will apply strong financial and analytical skills to ownership of business plans, communicate with stakeholders, and lead

Qualifications

• 7+ years of progressive experience in real estate asset management, investments or portfolio management.
• Direct experience with residential real estate; student housing experience preferred.
• Demonstrated ability to manage institutional-quality assets and execute complex, value-oriented business plans.
• Strong knowledge of budgeting, financial reporting, cash management and real estate accounting.
• Experience working with institutional investors, private equity or joint-venture partners is preferred.
• Exposure to refinancing, capital planning and investment due diligence is advantageous.
• Strong financial analysis, communication and presentation skills, with the ability to translate complex information into clear recommendations.
• A proactive, collaborative leadership style and the ability to manage multiple priorities.
• Bachelor’s degree in finance, real estate, business or a related discipline, or equivalent relevant experience.

Responsibilities

• Lead development and execution of asset management strategies and property-level business plans across an assigned portfolio.
• Monitor operating and financial performance against budgets, underwriting and strategic objectives, identifying risks and recommending corrective action.
• Identify and implement NOI growth initiatives, revenue enhancements, expense efficiencies and other value‑creation opportunities.
• Oversee annual budgeting, forecasting, capital planning and performance reporting in partnership with property operations and finance teams.
• Evaluate capital projects, renovations, repositioning opportunities and redevelopment initiatives, ensuring appropriate prioritization and execution.
• Review financial statements, investment accounting and lender or joint‑venture reporting for accuracy and alignment with approved business plans.
• Prepare and present regular portfolio and investment performance updates to senior leadership, investors and capital partners.
• Conduct property visits to evaluate operational performance and provide strategic guidance relating to leasing, marketing, rent positioning, resident experience and vendor management.
• Analyze market conditions, competitive supply, rent trends and broader economic factors to inform asset strategy and positioning.
• Support acquisitions and dispositions through due diligence, operational analysis, preparation of materials and coordination with brokers, counsel and capital partners.
• Assist with refinancing and other debt or equity initiatives, including financial analysis and the preparation of presentation materials.
• Maintain effective relationships with joint‑venture partners, investors, lenders and internal stakeholders.
• Mentor and develop junior members of the asset management team and help promote consistent processes and best practices.

Skills

Asset management

Financial analysis

Budgeting & forecasting

Real estate accounting

Stakeholder communication

Leadership

Due diligence

Capital planning

Education

Bachelor's degree in finance, real estate, business or related field

Job description

Macdonald & Company is exclusively retained to appoint a Director of Asset Management for a leading student housing developer and operator in Austin. The role focuses on driving performance and long-term value across a portfolio of residential assets, collaborating with operations, investments, finance and internal teams to grow NOI and manage risk.

The successful candidate will apply strong financial and analytical skills to ownership of business plans, communicate with stakeholders, and lead