Multifamily Portfolio Asset Manager

Bay Property Management Group; Baltimore (MD); On-site; USD 75,000 - 95,000; Full time

Benefits offered by this job

Competitive compensation package

Performance-based incentives

Opportunities for professional growth

Job summary

Bay Property Management Group is looking for an experienced Multifamily Portfolio Asset Manager to oversee a growing portfolio throughout Maryland and surrounding markets. You will work closely with various teams to enhance operational and financial performance of multifamily communities primarily with 20+ units.

The role demands a strategic leader who will help drive revenue growth, improve efficiency, and manage capital projects while establishing standardized performance reviews and owner reporting processes.

Join a company committed to growth, offering competitive compensation and opportunities for advancement.

Qualifications

• 3+ years of experience in multifamily property management, asset management, or real estate operations.
• Proven experience overseeing multifamily communities of 20+ units.
• Strong knowledge of property financials, budgets, and operational reporting.

Responsibilities

• Provide strategic oversight of multifamily asset performance across multiple markets.
• Monitor key operational and financial metrics including occupancy and rent growth.
• Identify opportunities to increase revenue and improve portfolio profitability.

Skills

Multifamily property management

Asset management

Portfolio management

Financial analysis

Operational efficiency

Analytical skills

Education

Bachelor's degree in Business, Finance, or related field

Tools

Microsoft Excel

AppFolio

Job description

Travel: Periodic travel required throughout portfolio markets

Employment Type: Full-Time

Join one of the Region's Fastest-Growing Property Management companies

Bay Property Management Group is seeking an experienced Multifamily Portfolio Asset Manager to help drive the operational and financial performance of a growing multifamily portfolio spanning Maryland, Washington, DC, Northern Virginia, Pennsylvania, Texas, and surrounding markets.

Managing more than 6,500 residential units and over $600 million in real estate assets, Bay Property Management Group has built a reputation for operational excellence, responsive service, and delivering strong results for property owners and investors. As we continue to grow, we're looking for a strategic leader who can bridge day-to-day property operations with ownership objectives and long-term asset performance.

The opportunity

This is a high-impact role responsible for overseeing the performance of multifamily communities consisting primarily of 20+ units. You'll work closely with Property Managers, Maintenance Teams, Accounting, Ownership Groups, and Executive Leadership to identify opportunities for revenue growth, improve operational efficiency, oversee capital projects, and maximize portfolio performance.

In addition, you'll play a key role in onboarding newly awarded management accounts, helping ensure smooth transitions and successful long-term outcomes for ownership groups.

What You'll Do

• Provide strategic oversight of multifamily asset performance across multiple markets
• Monitor key operational and financial metrics, including occupancy, delinquency, renewals, rent growth, turnover, and NOI
• Identify opportunities to increase revenue and improve portfolio profitability
• Partner with Property Managers to establish performance goals and action plans
• Conduct property inspections and site visits to evaluate operations and asset condition
• Lead and oversee capital improvement projects, renovations, and value-add initiatives
• Assist with budgeting, forecasting, and financial analysis
• Prepare performance reports and communicate directly with ownership groups and investors
• Support the onboarding and transition of new management accounts
• Collaborate with Executive Leadership on portfolio strategy and growth initiatives

Who You Are

Required Qualifications

• 3+ years of experience in multifamily property management, asset management, portfolio management, or real estate operations
• Proven experience overseeing multifamily communities of 20+ units
• Strong knowledge of property financials, budgets, and operational reporting
• Experience working directly with property owners, investors, or ownership groups
• Advanced proficiency in Microsoft Excel and reporting tools
• Exceptional analytical, organizational, and problem-solving skills
• Ability to travel periodically throughout the portfolio
• Valid driver's license and reliable transportation

Preferred Qualifications

• Experience managing assets across multiple geographic markets
• Background in value-add projects, renovations, and capital planning
• Experience with AppFolio or similar property management software
• Bachelor's degree in Business, Finance, Real Estate, Accounting, or a related field

What success looks like

Within your first year, you'll help establish standardized portfolio performance reviews, strengthen owner reporting processes, successfully transition newly acquired management accounts, identify opportunities for revenue growth, improve operational efficiencies, and provide strategic oversight of some of Bay Property Management Group's largest multifamily communities.

Why join Bay Property Management Group?

• Work directly with Executive Leadership
• Make a measurable impact on a large and growing multifamily portfolio
• Join a company experiencing continued growth across multiple markets
• Competitive compensation package
• Performance-based incentives
• Opportunities for professional growth and advancement

If you're an experienced multifamily professional who enjoys combining operations, financial analysis, owner relations, and strategic asset management, we encourage you to apply.