Senior Asset Manager - Multifamily

ROI Executive Search; California; Presencial; USD 120.000 - 180.000; Jornada completa

Descripción de la vacante

ROI Executive Search seeks a Senior Asset Manager to own a conventional multifamily portfolio (≈20 assets, 3,000 units), mainly in Los Angeles with holdings in Texas, Atlanta and Utah. This owner-side role reports to the VP of Asset Management and includes quarterly on-site property visits and active portfolio management.

You will drive NOI, pricing decisions and capital improvements, oversee third-party managers, and help build a technology-enabled asset management function as the business

Formación

• 5+ years of multifamily asset management experience.
• Experience overseeing large third-party property managers.
• Hands-on revenue management and pricing experience.
• Owner-side accountability for operating and financial results.
• Experience building underwriting models and presenting to an investment committee.
• Strong Excel skills; RealPage experience is useful.

Responsabilidades

• Own and execute asset-level business plans, driving NOI, occupancy, rental growth, cash flow and long-term asset value.
• Oversee large third-party property managers, setting clear expectations and ensuring actions are completed.
• Lead revenue management decisions, including daily pricing, market analysis, renewals and leasing strategy.
• Prepare and review budgets, forecasts, financial models and monthly operating results; act on variances.
• Visit each property at least quarterly to monitor asset condition and operations.
• Plan capital improvements, renovations, and value-add initiatives.
• Model and underwrite investments and present to senior leadership and the investment committee.
• Support acquisitions and dispositions and ongoing underwriting while focusing on day-to-day asset performance.
• Help embed asset management processes and AI-enabled workflows across the business.

Conocimientos

Asset management

Revenue management

Pricing strategy

Financial modeling

P&L management

Underwriting

Excel

RealPage experience

Herramientas

RealPage

Descripción del empleo

An opportunity to take ownership of a substantial conventional multifamily portfolio within an established real estate investment business.

ROI Executive Search has been retained by a well-established, privately held real estate investment and asset management group with approximately $6 billion in assets under management across multifamily, affordable housing, industrial and commercial, senior living and marinas.

The business is entering its next stage of growth, including a significant change to its capital structure, a more active approach to acquisitions and investment in AI and technology across the business.

The corporate team remains lean and high-visibility. People are encouraged to take ownership, bring ideas and work closely with senior leadership, and there is real scope to influence how the asset management function develops.

The Opportunity

We are seeking an experienced Senior Asset Manager to take ownership of a conventional multifamily portfolio of approximately 20 assets and 3,000 units, including a significant number of high-rise and operationally complex properties. Most assets are in the Los Angeles area, with around a third out of state in Texas, Atlanta and Utah.

Reporting to the VP of Asset Management and working alongside the Senior Director of Acquisitions, this is a senior, owner-side role with full accountability for asset performance and long-term value. It is a field-based position rather than a desktop one, with quarterly visits to each property.

Working through large third-party operators, you will set the direction for each asset, drive revenue and NOI through active pricing and operational oversight, and help shape a more structured, technology-enabled asset management function as the business grows.

Key Responsibilities

• Own and execute asset-level business plans, driving NOI, occupancy, rental growth, cash flow and long-term asset value.
• Oversee large third-party property managers, setting clear expectations, challenging underperformance and making sure agreed actions are completed.
• Lead revenue management decisions, including daily pricing, competitive market analysis, renewals, concessions and leasing strategy.
• Prepare and review budgets, forecasts, financial models and monthly operating results, turning variance analysis into practical corrective action.
• Visit each property at least quarterly to maintain a hands-on understanding of asset condition, resident experience and operating challenges.
• Plan, prioritize and monitor capital improvements, renovations, deferred maintenance and value-add initiatives.
• Model and underwrite investment decisions and present recommendations to senior leadership and the investment committee.
• Support acquisitions, dispositions and underwriting, while keeping day-to-day asset performance as the primary focus.
• Help embed consistent asset management processes, reporting and technology, including AI-enabled ways of working.

About You

We are interested in candidates with 5+ years of multifamily asset management or closely related experience, who can demonstrate:

• Oversight of large third-party property management firms (essential).
• Hands-on daily revenue management and multifamily pricing experience (essential).
• Owner-side accountability for the operating and financial results of conventional multifamily assets.
• Experience within a structured asset management environment, ideally within the last five to seven years.
• Experience building underwriting models and presenting to an investment committee.
• Strong command of property-level P&L, NOI, rent rolls, budgets and forecasts, with advanced Excel skills. RealPage experience is useful.
• Experience with high-rise assets and geographically dispersed portfolios is an advantage.
• The confidence to challenge operators and internal assumptions while staying collaborative and respectful.

The business is open to varied routes into asset management, including candidates who have moved across from other disciplines, where the third-party oversight and revenue management experience is in place.

Why Join?

This is an opportunity to join a financially established real estate business at a point of real change, with the scale and resources of a major investment platform and the visibility of a lean team.

You'll work as a close partner to the VP of Asset Management, contributing to how the portfolio and the function are run, not only executing, and you'll see the direct impact of your decisions.

For someone who drives the agenda, owns outcomes end to end and enjoys combining financial performance with hands-on asset management, this is an excellent opportunity.