Multi-Family Asset Manager

Larson Financial

Houston (TX)

On-site

USD 110,000 - 150,000

Full time

5 hours ago

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Benefits offered by this job

Profit Sharing Bonus Program

401(k) Employer Match up to 4%

Medical, Dental, Vision Insurance

Job summary

Larson Capital Management, LLC is seeking a Senior Multifamily Asset Manager to drive asset-level strategies, oversee financial performance, and lead value-enhancing initiatives across a diverse portfolio. You will coordinate with regional teams, manage third-party operators, and prepare comprehensive owner reporting.

Ideal candidates have 5+ years in multifamily asset management, strong financial analysis skills, and a degree in Finance or Real Estate.

Qualifications

5+ years of multifamily asset management or related fields.
Experience managing multifamily assets and third-party management.
Strong understanding of financial analysis and real estate investment principles.
Bachelor’s degree in Finance, Real Estate, Business Administration, Economics, or related field.

Responsibilities

Develop and implement asset-level business plans to optimize value and returns.
Monitor portfolio performance against budgets and objectives.
Evaluate market conditions and competitive assets for strategic decisions.
Coordinate with operations, finance, and ownership for reporting and controls.
Lead capital projects, ROI tracking, and value-add initiatives.
Prepare investor and ownership reporting and support due diligence.

Skills

Advanced financial modeling

Excel & real estate software

Property-level financial statements

Multifamily market dynamics

Communication & stakeholder mgmt

Portfolio prioritization

Strategic thinking & problem solving

Education

Bachelor's degree in Finance/Real Estate/Business/Economics

Tools

Microsoft Excel

Real estate software platforms

Job description

At Larson Capital Management, LLC, the Multi-Family Asset Manager role is a vital contributor to the success of our commercial real estate investment holdings, reporting to the Senior Director of Asset Management. This role requires the combination of commercial real estate acumen, astute analytical reasoning, future-focused thinking, well-honed negotiation skills and the ability to build relationships with internal and external peers to accomplish overall financial goals.

Responsibilities

Asset Performance & Strategy

Develop and execute asset-level business plans to optimize property value and investment returns.
Monitor portfolio performance against budgets, forecasts, and investment objectives.
Identify opportunities to increase revenue, reduce expenses, and improve operational efficiency.
Evaluate market conditions, competitive properties, and economic trends to inform strategic decisions.
Recommend hold, refinance, recapitalization, or disposition strategies.

Financial Management

Review and analyze monthly financial statements, variance reports, and key performance metrics.
Prepare annual operating budgets and capital expenditure plans.
Develop and maintain financial models, cash flow projections, and investment analyses.
Monitor property-level NOI, occupancy, rent growth, collections, and expense performance.
Work closely with accounting teams to ensure accurate financial reporting.

Property Operations Oversight

Oversee third-party or internal property management companies.
Conduct regular operational reviews and property visits.
Evaluate leasing performance, resident retention, maintenance operations, and service levels.
Ensure properties comply with ownership standards and business plan objectives.
Collaborate with regional managers and onsite teams to address operational challenges.

Capital Projects & Value-Add Initiatives

Identify and manage renovation, repositioning, and capital improvement projects.
Review project budgets, timelines, and return-on-investment expectations.
Coordinate with contractors, consultants, and property management teams.
Monitor project execution and financial performance.

Investor & Ownership Reporting

Prepare quarterly and annual asset performance reports.
Present recommendations and performance updates to ownership, investors, and senior leadership.
Support lender reporting requirements and financing activities.
Assist with due diligence for acquisitions, refinancing, and dispositions.

Market & Portfolio Analysis

Analyze market trends, demographic data, and competitive property performance.
Conduct rent studies and evaluate pricing strategies.
Assess acquisition opportunities and support underwriting efforts.
Track portfolio KPIs and benchmark performance against market standards.

Requirements

5+ years of experience in multifamily asset management, real estate finance, investments, property management, or related fields.
Experience managing multifamily residential assets and overseeing third-party management companies.
Strong understanding of multifamily operations, financial analysis, and real estate investment principles.
Bachelor’s degree in Finance, Real Estate, Business Administration, Economics, or related field.

Skills & Competencies

Advanced financial modeling and analytical skills.
Proficiency in Microsoft Excel and real estate software platforms.
Strong understanding of property-level financial statements and performance metrics.
Knowledge of multifamily market dynamics and valuation methodologies.
Excellent communication, presentation, and stakeholder management skills.
Ability to manage multiple assets and priorities simultaneously.
Strong problem-solving and strategic thinking capabilities.

Key Performance Indicators (KPIs)

Net Operating Income (NOI) growth
Occupancy and economic occupancy rates
Revenue and rent growth
Expense control and budget adherence
Capital project ROI
Resident retention rates
Portfolio valuation growth
Investor return performance

About The Company

Larson Capital Management primarily focuses on commercial real estate investments. The company is rapidly expanding in investment holdings throughout the country. Our current holdings include office, industrial, retail and multi-family properties or developments located across six states and our path for growth is significant. Larson Capital Management is a registered RIA with the SEC and is part of the Larson Financial Holdings group of companies which collectively has 11 billion dollars of assets under management for clients across the county.

Employee benefits & perks package