Asset Manager

We're seeking an Asset Manager for our Philadelphia, PA corporate office. This role serves as a key link between property operations and company leadership, driving NOI growth, capital efficiency, and long-term asset value across a multi-city residential portfolio.

Responsibilities

• Portfolio Performance & Strategy
  • Identify and act on opportunities to increase revenue and decrease operating expenses across the portfolio.
  • Develop and maintain in-depth market knowledge for each submarket within the region, including submarket trends, competitive set analysis, rent positioning, and new construction.
  • Evaluate and implement value-add strategies, including unit renovation programs, amenity upgrades, and operational improvements.
  • Continuously identify areas of opportunity to improve portfolio performance, efficiency, and competitive positioning.
  • Oversee lease-up and stabilization strategy for value-add or newly delivered assets within the portfolio.
• Reporting & Financial Analysis
  • Run the annual budgeting process, including revenue projections, expense benchmarking, and capital expense planning.
  • Identify root cause of actual performance compared to budget expectations.
  • Review and track capital projects to ensure on-budget and on-schedule completion.
  • Assist management in preparation for quarterly earnings calls and board meetings, including variance analysis and narrative commentary.
• Operations & Property Management Collaboration
  • Partner with on-site and regional property management teams to implement and continuously refine operational best practices.
  • Participate in weekly revenue strategy calls, contributing market intelligence and portfolio-level perspectives and strategy.
  • Participate in and/or lead biannual portfolio review meetings.
  • Perform regular property site inspections across the region to assess physical condition, operations, and competitive positioning.
• Acquisitions & Dispositions Support
  • Assist with underwriting and due diligence for potential acquisitions.
  • Support disposition processes including preparation of asset-level financial summaries and due diligence coordination with the transaction team.

Requirements

• Bachelor’s degree in Business, Finance, Real Estate, or a related field required; MBA or advanced degree a plus.
• Minimum 5 years of real estate asset management, valuation, or financial analysis experience; multifamily/conventional apartment experience strongly preferred.
• Relevant professional designations a plus (e.g., CFA, CPM, CCIM).
• Advanced proficiency in Microsoft Excel, including DCF/IRR modeling and scenario analysis.
• Experience with property management and asset management platforms required; Yardi, RealPage, or Entrata experience strongly preferred.
• Excellent written and verbal communication skills; able to present complex financial analysis clearly to leadership and stakeholders.
• Strong organizational skills with the ability to manage multiple assets and competing deadlines across a regional portfolio.
• Self-directed and proactive, with a demonstrated ability to identify problems and implement solutions with minimal supervision.
• Collaborative team player who works effectively with property management, accounting, and executive leadership teams.
• Up to 30% travel, which may vary based on business needs.

Benefits

• Competitive compensation package
• Bonus opportunities
• Stock awards
• Paid holidays and paid time off
• BCBS PPO health insurance
• 401k with 4% match