Multi-Family Senior Asset Manager

BH Properties; Dallas (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

A leading real estate investment firm is looking for a Senior Asset Manager to oversee a portfolio of multi-family properties across Texas and Southern California. This role entails property inspections, financial oversight, and partnership with management teams. Ideal candidates will bring extensive experience in asset management and strong communication abilities, contributing to the growth of the portfolio while ensuring tenant satisfaction.

Benefits

Comprehensive compensation package

Professional growth opportunities

Qualifications

• Minimum 10 years of experience in multi-family asset management.
• Strong skills in communication, time management, and organization.
• Professional presentation and initiative required.

Responsibilities

• Conduct regular property visits and prepare inspection reports.
• Bid, negotiate, and supervise capital projects.
• Review occupancy and NOI, reporting weekly to management.

Skills

Communication skills

Customer service skills

Team collaboration

Time management

Organizational skills

Adaptability

Education

College degree

Tools

Yardi Voyager

Yardi RENT Maximizer

MS Office

Job description

SENIOR ASSET MANAGER, MULTI-FAMILY

www.bhproperties.com

COMPANY

BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States, along with investments in distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, and Houston, and is able to acquire and close transactions without the need for lengthy due diligence periods. Our 31-year track record and strong balance sheet allow us to move quickly and creatively. Currently, the Company owns and operates approximately 11 million square feet across 18 states.

POSITION

The Company is seeking a Senior Asset Manager responsible for an initial portfolio of 9 multi-family properties located throughout Southern California, Arizona, and Texas, requiring periodic travel. The position reports to the Senior Managing Director of Multifamily Operations. The goal is to grow the residential portfolio, potentially including affordable housing.

LOCATION

Dallas, TX

RESPONSIBILITIES

• Conduct regular property visits and prepare inspection reports.
• Coordinate with Maintenance Manager on multi-family projects.
• Work with third-party management, meeting monthly on property status.
• Bid, negotiate, and supervise capital projects.
• Review occupancy and NOI, reporting weekly to management.
• Participate in rent pricing discussions and adjust rents as needed.
• Review financial statements, budgets, and monitor performance.
• Assist in due diligence and escrow activities for acquisitions and dispositions.
• Negotiate third-party contracts and monitor other income sources.
• Review performance metrics using Yardi Matrix.
• Coordinate with HOA management.
• Conduct quarterly tenant surveys.
• Compare actual occupancy to market, providing recommendations.
• Travel up to 25% as required.

QUALIFICATIONS

• College degree.
• Minimum 10 years of broad-based multi-family asset management experience, including market rate and affordable housing.
• Strong communication skills with internal and external stakeholders.
• Understanding of contracts, leases, and leasing objectives.
• Customer service and tenant relations skills.
• Ability to manage bids, vendors, and contractors.
• Professional presentation skills.
• Excellent time management and organizational skills.
• Initiative and ability to work independently.
• Strong work ethic and adaptability to fast-paced environments.
• Team player with good collaboration skills.
• Proficiency in MS Office.
• Experience managing rent-controlled properties.
• Knowledge of lead tracking programs.
• Experience with Yardi Voyager and Yardi RENT Maximizer is a plus.

COMPENSATION

We offer a comprehensive compensation and benefits package, along with opportunities for professional growth within a well-capitalized, entrepreneurial, and expanding real estate investment group.