Asset Manager

About the role

Adara is a family-owned, fully integrated real estate firm providing services in multifamily property management. We are headquartered north of Houston, Texas, and currently manage a portfolio across three states and seven major MSAs. We are seeking an experienced Asset Manager to support the Asset Management Department and Operations with all aspects of real estate finance, budgeting, analytics, and reporting related to asset management, leasing, strategic endeavors, and new projects.

Responsibilities

• Develop and execute strategic plans for assigned properties, driving revenue growth through rent optimization, resident retention, and effective leasing strategies; expense control through budget oversight, vendor management, and efficient cost allocation; and capital expenditure planning and management for renovations and property improvements
• Partner with regional directors and property management teams to ensure on-site operations adhere to company policies, procedures, and brand standards
• Analyze financial performance metrics, including occupancy rates, rental income, operating expenses, and capital expenditure trends
• Prepare comprehensive reports and presentations to communicate key findings and recommendations to senior leadership
• Conduct market research to identify trends and opportunities for portfolio expansion
• Manage relationships with third-party vendors, ensuring services are delivered efficiently and cost-effectively
• Stay current on industry best practices and regulatory changes
• Travel regularly to on-site properties as required (travel volume may change based on acquisitions)

Qualifications

• Bachelor's degree in Business Administration, Finance, or related field
• 3+ years of experience in asset management within a multi-living property management company
• Strong communication, presentation, and interpersonal skills
• Advanced proficiency in Excel, including building models, macros, and data analysis
• Strong analytical mind with sound judgment and exceptional attention to detail
• Self-starter able to work effectively in a small team and contribute beyond direct responsibilities

Benefits

• Competitive compensation
• Comprehensive insurance package (dental, health, life, vision)
• Paid time off
• Referral program
• Tuition reimbursement

Schedule

Full-time onsite position at our Corporate Office (8223 Willow Place Drive South, Houston, TX 77070), Monday through Friday, 8:30am to 5:30pm. Applicants must live or be able to relocate within 30 minutes of this location.