Director of Asset Management

Responsibilities

• Build and maintain strong relationships across Auben Realty, collaborating with property management teams and equity partners to ensure alignment and maximize portfolio performance.
• Provide regular communication and strategy guidance to the property management team on revenue, expenses, and Net Operating Income (NOI) for assigned properties.
• Carry out site visits and inspections, addressing occupancy, capital expenditures, leasing, and renovation progress.
• Serve as the main point of contact for debt and equity providers and key investment stakeholders.
• Partner with the Accounting team to ensure timely, accurate financial reporting.
• Oversee the annual capital and operating budgets, implementing adjustments as needed to achieve business plan objectives.
• Analyze and approve monthly operating statements, addressing variances with action plans and managing cash flow, distributions, and lender requirements.
• Ensure compliance with investor agreements, monitor asset performance, and recommend strategies to enhance returns.
• Assess economic trends in sub-markets to forecast impacts on asset disposition, advising on market-informed exit strategies.
• Manage tax appeals, loan compliance, replacement reserves, partnership expenses, and ancillary income.
• Collaborate with the Acquisitions team to develop and execute asset business plans.
• Partner with the Construction Management team to ensure projects are completed on time and within budget.
• Drive income maximization and cost efficiency by addressing management turnover, resident satisfaction, revenue management, and vendor relationships.
• Create and gain equity partner approval for annual asset budgets, informed by market analysis.
• Proactively identify risks to the business plan and implement mitigation strategies, maintaining compliance with local regulations and market guidelines.

Qualifications

• A positive, adaptable attitude, with a focus on continuous improvement and innovation.
• A highly motivated, strategic thinker with strong quantitative, financial, and analytical skills.
• A proven track record in leadership and asset management within real estate.
• Exceptional interpersonal skills and experience building relationships with internal teams, third-party management, and equity partners.
• Advanced skills in Microsoft Excel and familiarity with industry-standard software (e.g., AppFolio).
• An integrity and a commitment to excellence, with a strong reputation in the industry.
• The ability to work independently and within teams in a dynamic environment.

Next Actions

Kindly submit your resume accompanied by a concise cover letter highlighting what makes you an outstanding candidate. Additionally, please include your date of availability. Applications lacking a cover letter will not be taken into consideration. Rest assured; all responses will be treated with confidentiality.

Pay

Competitive, based on experience and market standards.

Benefits

N/A

Schedule

N/A

Equal Opportunity Employer

Auben Realty is committed to fostering a diverse and inclusive workplace. We do not discriminate based on race, color, religion, gender, sexual orientation, national origin, disability, or any other protected status, ensuring fair employment practices across all aspects of our organization.