Asset Manager
3 weeks ago
We are a leading Real Estate Investment and Development company based in Los Angeles, dedicated to delivering exceptional results in the ever-evolving real estate landscape.
Why Work with Us?- We offer a comprehensive benefits package, including a generous 401(k) match and top-notch medical and dental insurance.
- Our flexible schedule arrangement allows for a healthy work-life balance.
- We provide stability during economic downturns, ensuring our employees' security and peace of mind.
- Our company offers fantastic growth potential, enabling our employees to advance their careers and achieve their goals.
We are seeking an experienced Asset Manager to join our dynamic team, responsible for driving asset performance and executing strategic asset plans.
- Assist in developing and implementing asset management strategies to optimize property cash flow and capital improvements.
- Conduct thorough property assessments, identifying opportunities for improvement and implementing strategic initiatives to enhance operational and management performance.
- Coordinate and manage capital improvement plans, working closely with general contractors and third-party vendors.
- Build and maintain strong relationships with operating partners, ensuring effective communication and issue resolution.
- Analyze and ensure the accuracy of monthly and quarterly property-level financial statements, comparing them to budget or proforma.
- Develop and implement annual operating and capital budgets, ensuring alignment with company goals and objectives.
- Collaborate with our Compliance team to monitor compliance requirements and deadlines across multiple government agencies and programs.
- Maintain accurate records of partnership agreements, loan documents, regulatory agreements, and property agreements.
- Coordinate communications and manage requests from investors, lenders, governmental agencies, and other stakeholders.
- Support our Construction Services and Acquisitions teams with ad-hoc coordination and communication as needed.
- Conduct regular physical inspections of each asset and its competitive market in the portfolio.
- Bachelor's degree in Business, Finance, Real Estate, or a related field.
- 3-8 years of experience in real estate asset management and finance.
- Proven expertise in financial reporting and managing equity investments, particularly in essential housing.
- Strong analytical skills, with the ability to evaluate complex data and present solutions.
- Effective communication and presentation skills to work effectively with and present to a broad range of partners, agencies, and stakeholders.
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