Asset Manager
About the Company
Built on a foundation of integrity, respect, and commitment, JPI stands out as one of the most active real estate developers and builders in the nation. For more than 35 years, JPI has designed and developed communities with best‑in‑class homes and amenities. JPI is committed to data‑driven management and continuous improvement. Its team of experts utilizes data—including unparalleled market research, proven business processes, and proprietary models—to ensure that every decision is strategic, focused, and produces exceptional multifamily communities with the best risk‑adjusted returns. More than just great communities, JPI is focused on leaving a lasting impact on the communities where we build and is continually committed to “Building What Matters.” JPI operates as a subsidiary of Sumitomo Forestry, one of the largest home builders in the United States.
Why Work for Us?
We have a 35‑year track record of developing multifamily communities with responsibility, accountability, and integrity. Our stated purpose is to:
- Transform Building
- Enhance Communities
- Improve Lives
JPI offers a positive and dynamic work environment with many opportunities for personal development and growth. We are committed to:
- Transformative careers in a transformative company
- Comprehensive training and development
- Promotion from within at all levels of the organization
- Borderless careers, based on performance, potential, and personal ambition
Industry Recognition
- NMHC – #1 Fastest Growing Developer; #2 Fastest Growing Building; #8 Largest National Developer; #11 Largest National Builder
- Real Page – Most active multifamily developer in DFW for the past 8 years
- Dallas Business Journal – Best Places to Work 2023
- Dallas Business Journal – Largest DFW Real Estate Developers – #11
Benefits
- Competitive Bonus Program
- 4 Weeks PTO for all new associates (pro‑rated by hire date)
- 11 holidays and 8 early‑release days
- Medical, dental, vision, and life insurance
- 401(k) with company match (up to 5 % match)
- Health Savings Account
- Flexible Spending Accounts (dependent & medical reimbursement)
- Paid parental leave
- Paid volunteer time
- Tuition assistance
- Phone reimbursement
- Associate referral bonuses
About the Role
The Manager, Investment Ownership is expected to engage in a broad range of responsibilities across the real estate project lifecycle. The position demands independent technical input and decision‑making in relation to JPI projects.
Essential Functions & Responsibilities
- Lead primary asset‑management responsibilities for a designated portfolio of multifamily new‑construction assets (market‑rate, workforce, tax credit, build‑to‑rent).
- Oversee regularly scheduled meetings and calls with property‑management team members and revenue‑management representatives.
- Manage monthly operating statements, annual operating budgets, and business plans for new assets.
- Apply strong understanding of multifamily valuations, waterfalls, cash management, property financials, and sell/hold analysis.
- Manage investor communications, including site tours and quarterly updates.
- Handle property‑management onboarding and pre‑lease‑up activities.
- Provide construction owner’s‑rep support.
- Oversee third‑party vendor management.
- Manage multiple projects/tasks simultaneously.
- Use approved enterprise AI tools (e.g., Claude Cowork, Microsoft Copilot) to draft, summarize, analyze, and accelerate everyday work.
- Apply sound judgment to review AI‑generated outputs for accuracy, tone, and appropriateness before use or sharing.
- Follow company data‑handling, confidentiality, and acceptable‑use policies when working with AI tools and sensitive information.
- Demonstrate curiosity and willingness to adopt new tools; actively participate in AI training, office hours, and adoption campaigns.
- Leverage AI assistants to reduce manual effort on routine tasks such as email drafting, meeting notes, document summarization, and basic research.
Non‑Essential Duties
- Other duties as assigned.
Education, Experience, & Physical Requirements
- Bachelor’s degree in Business, Finance, Urban Planning, Accounting, Real Estate, Engineering, Math, or a related field (required).
- Graduate degree and/or relevant professional certifications (encouraged).
- Demonstrated experience working with capital partners, market analytics, asset management, property operations, and strong negotiation skills.
- Minimum of 3–5 years’ experience in multifamily asset management, including multifamily development and lease‑up experience.