VP, Asset Management

Denholtz; Red Bank (NJ); On-site; USD 175,000 - 200,000; Full time

Benefits offered by this job

Competitive salary and bonus potential

Comprehensive benefits package incl. 4

401(k) with employer match

Paid vacation, sick time and holidays

Creative and collaborative culture

Job summary

Denholtz seeks a Vice President, Asset Management to lead the performance of our multifamily portfolio, collaborating with Finance, Acquisitions, Development, and Operations to optimize returns.

You will develop asset-level business plans, monitor performance, and drive initiatives to improve occupancy, revenue, and NOI across markets, with potential support for select industrial/office assets.

Qualifications

• 7+ years of institutional real estate asset management, investment management, or acquisitions experience, with significant multifamily exposure.
• Strong understanding of multifamily operations, revenue and budgeting, capital planning, and investment analysis.
• Experience managing refinancings, dispositions, recapitalizations, and major capital improvements.
• Excellent communication and presentation skills with senior stakeholders.
• Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Lead asset management of multifamily and industrial assets across markets.
• Develop and execute annual asset business plans to maximize NOI and investor returns.
• Monitor operating performance, identify trends, and optimize occupancy and rental revenue.
• Collaborate with property managers to set priorities, monitor KPIs, and drive execution.
• Oversee budgets, forecasting, and variance analysis with Property Management and Finance.
• Evaluate value-add initiatives and capital improvement projects.
• Support financing events, acquisitions, and due diligence with operational insights.
• Ensure compliance with partnership agreements, loan covenants, and risk management.

Skills

Leadership

Financial modeling

Excel

PowerPoint

Communication

Project management

Real estate asset management

Education

Bachelor's degree in Real Estate/Finance/Business/Economics

Tools

Yardi

MRI

RealPage

Entrata

ARGUS Enterprise

Job description

Vice President, Asset Management

Location: Red Bank, NJ (non-remote, light travel required)

Reports to: SVP, Head of Asset Management

Status: Full-time, Exempt

Compensation: $175k to $200k plus bonus potential

About Us

Specializing in the acquisition, development, and management of industrial/flex, office properties and multi-family, Denholtz maintains a diversified portfolio of 55 properties totaling roughly $2B in AUM. With a commitment to excellence and a focus on providing outsized investment returns, the firm continues to evolve while adhering to its core values of integrity and forward-thinking leadership.

About The Role

The Vice President, Asset Management will report to the Head of Asset Management and play a key leadership role in driving the operational, financial, and investment performance of Denholtz's multifamily portfolio. Working closely with Property Management, Finance, Acquisitions, Development, and Capital Markets, this individual will develop and execute asset-level business plans designed to maximize NOI, asset value, and investor returns. While the primary focus of this role is multifamily, the position may also support select industrial and office investments as needed.

Essential Functions

• Lead the asset management of a portfolio of multifamily and industrial assets across multiple markets.
• Develop and execute annual asset business plans focused on maximizing cash flow, asset appreciation, and long-term investment returns.
• Monitor property operating performance, identify trends, and recommend strategic initiatives to improve occupancy, rental revenue, resident retention, expense management, and overall NOI.
• Partner closely with in-house and third-party property managers to establish operating priorities, monitor KPIs, review leasing performance, and drive accountability for execution.
• Analyze leasing velocity, pricing, concessions, resident turnover, delinquency, and operating expenses, making recommendations to optimize property performance.
• Oversee annual operating and capital budgets, monthly forecasting, and variance analysis in collaboration with Property Management and Finance.
• Evaluate and execute value-add initiatives, including unit renovation programs, amenity upgrades, operational improvements, ancillary revenue opportunities, and capital improvement projects.
• Manage major capital events including refinancings, dispositions, recapitalizations, and acquisitions.
• Support acquisition underwriting and due diligence by providing operational insights, historical portfolio benchmarks, and market intelligence.
• Maintain a thorough understanding of partnership agreements, loan documents, and financing covenants, ensuring ongoing compliance and proactively identifying potential risks.
• Prepare investment committee materials, asset reviews, quarterly portfolio reporting, and investor presentations.
• Develop a strong understanding of local market fundamentals, competitive positioning, demographic trends, and new supply to inform strategic recommendations.
• Identify and implement operational best practices and technology solutions that improve efficiency, reporting, and resident experience across the portfolio.
• Provide strategic recommendations regarding hold/sell decisions, capital allocation, redevelopment opportunities, and long-term investment strategy.
• Collaborate effectively with internal teams including Acquisitions, Development, Construction, Finance, Accounting, Marketing, and Property Management.
• Ensure assets are managed in accordance with Denholtz's sustainability, safety, and risk management standards.

Qualifications

• Bachelor's degree in Real Estate, Finance, Business, Economics, or a related field.
• 7+ years of institutional real estate asset management, investment management, or acquisitions experience, with significant experience managing multifamily assets.
• Strong understanding of multifamily operations, revenue management, budgeting, capital planning, and investment analysis.
• Demonstrated experience managing refinancings, dispositions, recapitalizations, and major capital improvement initiatives.
• Strong financial modeling and analytical skills with advanced proficiency in Microsoft Excel and PowerPoint.
• Experience with Yardi, MRI, RealPage, Entrata, or similar multifamily operating platforms is preferred.
• Experience with ARGUS Enterprise is preferred.
• Excellent communication and presentation skills with the ability to effectively interact with senior executives, lenders, investors, and operating partners.
• Highly organized with exceptional analytical, problem-solving, and project management skills.
• Ability to manage multiple priorities in a fast-paced environment while maintaining attention to detail.
• Demonstrated leadership, integrity, sound judgment, and a commitment to operational excellence.

What We Offer

• Competitive salary and bonus potential
• Comprehensive benefits package including medical, dental, and vision insurance
• 401(k) with employer match
• Paid vacation, sick time and company holidays
• Creative and collaborative culture