Real Estate Asset Manager

Confidential

Fort Lauderdale (FL)

On-site

USD 80,000 - 100,000

Full time

14 days+

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Job summary

Join a rapidly growing real estate development firm as an Asset Manager, where you'll oversee the performance and stewardship of multifamily market rate and workforce housing. This role involves strategic management of assets, ensuring compliance, and enhancing financial performance through effective budgeting and operational efficiency. Collaborate with internal teams and external partners to maintain high occupancy rates and resident satisfaction. If you're passionate about real estate and ready to make a significant impact, this is the opportunity for you!

Qualifications

Experience in leasing and managing restricted income and market-rate multifamily assets.
Familiarity with property operations and regulatory agreements.

Responsibilities

Monitor financial performance of assets and enhance through budgets and forecasts.
Ensure compliance with regulatory requirements and conduct site visits.

Skills

Leasing and managing multifamily assets

Property management best practices

Time management

Clear communication skills

Data-informed decision making

Tools

Excel

Yardi

Real Page

Entrata

Job description

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This range is provided by Confidential. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$80,000.00/yr - $100,000.00/yr

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Asset Manager

Company Overview

Rapidly growing real estate development and investment company specializing in the development of multifamily market rate and workforce housing in South Florida.

Overall Summary

The Asset Manager is responsible for the long-term performance and stewardship of the firm’s portfolio of market rate and workforce housing developments, including assets in the lease-up phase as well as stabilized existing assets. The Asset Manager will oversee the long-term management of the assets including financial performance, regulatory compliance, operational efficiency, budgeting and capital planning across the portfolio, acting as a strategic liaison between internal teams, third-party property managers, lenders, insurance carriers, and public agencies. The Asset Manager will be tasked with managing compliance audits and ensuring full compliance across the portfolio.

Key Responsibilities

Monitor and enhance the financial performance of stabilized assets through review of budgets, operating statements, and cash flow forecasts.
Create marketing and leasing strategies for new deliveries.
Partner with third-party property management companies to maintain high occupancy, rent collection, and resident satisfaction.
Ensure full compliance with regulatory requirements, including timely reporting, rental restrictions, income qualifications, and documentation.
Conduct regular site visits to evaluate physical condition, guide capital improvements, and ensure adherence to operational standards.
Stay up to date on local market trends, competitive properties, rent comparisons, amenity offerings, and economic factors that impact asset performance.
Serve as the main contact for lenders, investors, and public agencies, providing updates and strategic insights.
Collaborate with internal teams on underwriting, refinancing, recapitalization, or asset disposition planning and execution.

Knowledge Needed for Success on the Job

Experience leasing and managing restricted income and market-rate multifamily assets.
Familiarity with multifamily property operations, property management best practices, regulatory agreements, and leasing strategies.
Knowledge of capital project planning and long-term asset maintenance.
Understanding of investor and lender relations, compliance tracking, and risk management.

Skills Needed for Success on the Job

Ability to take ownership of the position including all compliance, operational, and leasing matters.
Excellent time management and organizational skills.
Clear and professional communication, both written and verbal.
Collaborative approach with the ability to work cross-functionally and manage external partners.
Confidence in making data-informed decisions and presenting strategic recommendations.
Proficiency in Excel and industry software platforms such as Yardi, Real Page, & Entrata.

Seniority level