Senior Asset Manager: Student Housing & Market-Rate

Gilbane Building; Providence (RI); On-site; USD 105,000 - 167,000; Full time

Benefits offered by this job

Health benefits

Profit-sharing / 401k

Gilbane University training

Job summary

Gilbane Building in Providence, RI is seeking a Senior Asset Manager for purpose-built student housing and market-rate multifamily portfolios. You will own day-to-day asset performance, direct third-party managers, and drive business plans and value.

This hands-on role requires coordinating with Leasing, Development, Capital Markets, Finance, and operators; you will analyze financials, monitor KPIs, and present clear recommendations to senior leadership.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Real Estate, Business, or related field.
• 5+ years of real estate asset management, investments, acquisitions, development, or related functions.
• Experience with market rate multifamily and/or purpose-built student housing assets.
• Ability to independently oversee assets, direct third-party managers, and execute approved business plans.
• Strong financial modeling and advanced Excel/PowerPoint proficiency.

Responsibilities

• Develop and execute business plans for assigned assets, aligning operating priorities with underwriting, ownership objectives, and investment strategy.
• Evaluate asset performance and value creation opportunities with the Director, recommending business plan adjustments, risk mitigation measures, and corrective strategies based on financial and market conditions.
• Support Development, Acquisitions, and Capital Markets with due diligence, market analysis, operating assumptions, and investment evaluations.
• Develop recovery strategies for underperforming assets and direct execution of approved action plans.
• Direct third‑party property management companies, establishing expectations, priorities, performance measures, and accountability for results through regular financial, leasing, and operating reviews.
• Monitor financial and operating results against budgets, underwriting, and prior periods, including revenue, expenses, NOI, occupancy, achieved rents, concessions, leasing, collections, and cash flow.

Skills

Strong communication

Organizational skills

Cross-functional collaboration

Financial modeling

Excel proficiency

PowerPoint proficiency

Travel willingness

Education

Bachelor's degree in Finance, Accounting, Economics, Real Estate, Business, or related field

Tools

Yardi

Entrata

RealPage

CoStar

Power BI

Job description

Gilbane Building in Providence, RI is seeking a Senior Asset Manager for purpose-built student housing and market-rate multifamily portfolios. You will own day-to-day asset performance, direct third-party managers, and drive business plans and value.

This hands-on role requires coordinating with Leasing, Development, Capital Markets, Finance, and operators; you will analyze financials, monitor KPIs, and present clear recommendations to senior leadership.