Job Description
Macdonald & Company has been exclusively retained by a nationally recognized real estate investment and development organization to identify and appoint a Senior Asset Manager to join its growing multifamily team.
Company Overview
The company is known for creating exceptional residential and mixed-use communities across the United States, combining thoughtful design, strong financial performance, and long-term community impact. It promotes a collaborative, entrepreneurial culture that values innovation, accountability, and professional growth.
Position Summary
The Senior Asset Manager, Multifamily will oversee a portfolio of multifamily properties, ensuring each asset performs at or above target across operational, financial, and strategic measures. This individual will be responsible for driving performance, leading third-party property managers, and executing strategies that enhance long-term portfolio value. The role requires a balance of analytical acumen, strategic insight, and leadership capability.
Key Responsibilities
- Develop and implement comprehensive business plans for each property, focusing on profitability, resident experience, and sustained value creation.
- Identify and execute strategic initiatives, including operational efficiencies, capital investments, and repositioning opportunities.
- Lead and coordinate third-party property management teams to ensure consistent performance and adherence to company standards.
- Establish and maintain operating best practices that improve property operations, team efficiency, and resident satisfaction.
- Analyze financial and operational reports to monitor performance, identify trends, and provide recommendations to leadership.
- Conduct market research to assess competitive positioning, identify opportunities, and anticipate market shifts.
- Collaborate with internal teams in development, marketing, finance, and capital markets to align asset strategies with broader investment goals.
- Oversee annual budgeting, forecasting, and variance analysis for assigned assets.
- Manage capital projects, ensuring timely execution, cost control, and delivery against return expectations.
- Participate in acquisition due diligence, underwriting, and capital planning to support portfolio growth.
- Ensure compliance with reporting requirements, governance standards, and company policies.
- Act as a strategic partner to senior leadership, continuously identifying opportunities to enhance performance and mitigate risk.
Qualifications
- Bachelor’s degree in Real Estate, Finance, Business, or a related field; advanced degree preferred.
- 5–10 years of progressive experience in multifamily or commercial real estate asset management, acquisitions, or investment management.
- Proven track record of managing and optimizing multifamily portfolios or large-scale real estate assets.
- Strong analytical, financial modeling, and valuation skills.
- Experience interpreting property-level financials, ROI analysis, and forecasting.
- Excellent communication, negotiation, and relationship management skills.
- Proficiency in Microsoft Excel and familiarity with asset management or financial analysis software.
Why Apply
- Opportunity to play a key role in driving the strategic and financial performance of a high-quality, growing portfolio.
- Join a dynamic, well-capitalized organization with a strong reputation for excellence and long-term growth.
- Competitive compensation and benefits, with a focus on professional development and advancement.
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