Multi-Family Asset Manager

About the Role

The Multi-Family Asset Manager is a vital contributor to the success of our commercial real estate investment holdings, reporting to the Senior Director of Asset Management. This role requires commercial real estate acumen, analytical reasoning, future-focused thinking, negotiation skills, and relationship-building abilities to maximize the financial performance, operational efficiency, and long-term value of a portfolio of multifamily residential properties. The Asset Manager serves as the primary link between ownership, property management teams, and other stakeholders to ensure portfolio objectives are achieved.

Responsibilities

• Asset Performance & Strategy
  • Develop and execute asset-level business plans to optimize property value and investment returns.
  • Monitor portfolio performance against budgets, forecasts, and investment objectives.
  • Identify opportunities to increase revenue, reduce expenses, and improve operational efficiency.
  • Evaluate market conditions, competitive properties, and economic trends to inform strategic decisions.
  • Recommend hold, refinance, recapitalization, or disposition strategies.
• Financial Management
  • Review and analyze monthly financial statements, variance reports, and key performance metrics.
  • Prepare annual operating budgets and capital expenditure plans.
  • Develop and maintain financial models, cash flow projections, and investment analyses.
  • Monitor property-level NOI, occupancy, rent growth, collections, and expense performance.
  • Work closely with accounting teams to ensure accurate financial reporting.
• Property Operations Oversight
  • Oversee third-party or internal property management companies.
  • Conduct regular operational reviews and property visits.
  • Evaluate leasing performance, resident retention, maintenance operations, and service levels.
  • Ensure properties comply with ownership standards and business plan objectives.
  • Collaborate with regional managers and onsite teams to address operational challenges.
• Capital Projects & Value-Add Initiatives
  • Identify and manage renovation, repositioning, and capital improvement projects.
  • Review project budgets, timelines, and return-on-investment expectations.
  • Coordinate with contractors, consultants, and property management teams.
  • Monitor project execution and financial performance.
• Investor & Ownership Reporting
  • Prepare quarterly and annual asset performance reports.
  • Present recommendations and performance updates to ownership, investors, and senior leadership.
  • Support lender reporting requirements and financing activities.
  • Assist with due diligence for acquisitions, refinancing, and dispositions.
• Market & Portfolio Analysis
  • Analyze market trends, demographic data, and competitive property performance.
  • Conduct rent studies and evaluate pricing strategies.
  • Assess acquisition opportunities and support underwriting efforts.
  • Track portfolio KPIs and benchmark performance against market standards.

Requirements

• 5+ years of experience in multifamily asset management, real estate finance, investments, property management, or related fields.
• Experience managing multifamily residential assets and overseeing third-party management companies.
• Strong understanding of multifamily operations, financial analysis, and real estate investment principles.
• Bachelor’s degree in Finance, Real Estate, Business Administration, Economics, or related field.

Skills & Competencies

• Advanced financial modeling and analytical skills.
• Proficiency in Microsoft Excel and real estate software platforms.
• Strong understanding of property-level financial statements and performance metrics.
• Knowledge of multifamily market dynamics and valuation methodologies.
• Excellent communication, presentation, and stakeholder management skills.
• Ability to manage multiple assets and priorities simultaneously.
• Strong problem-solving and strategic thinking capabilities.

Key Performance Indicators (KPIs)

• Net Operating Income (NOI) growth
• Occupancy and economic occupancy rates
• Revenue and rent growth
• Expense control and budget adherence
• Capital project ROI
• Resident retention rates
• Portfolio valuation growth
• Investor return performance

About the Company

Larson Capital Management primarily focuses on commercial real estate investments and is rapidly expanding its holdings throughout the country. Our current portfolio includes office, industrial, retail, and multifamily properties or developments across six states. Larson Capital Management is a registered RIA with the SEC and is part of the Larson Financial Holdings group of companies, which collectively has $11 billion of assets under management for clients nationwide. Our culture emphasizes excellence, autonomy, and continuous skill development in a dynamic and challenging environment.

Benefits

• Profit Sharing Bonus Program
• 401(k) Employer Match up to 4%
• Medical, Dental, Vision Insurance (HDHP HSA plans are free to employees only)
• Employer-paid Long Term Disability Insurance
• Employer-paid Life Insurance
• Employer-paid Employee Assistance Program (EAP)
• Voluntary Short Term Disability & Additional Life Insurance
• Supplemental Insurance
• Paid Time Off (112 hours after 90 days)
• Holiday Pay (12 Holidays)
• Training & Education
• Employer Events, Awards, and Activities