Vice President, Asset Management, Multifamily

Essential Functions

• Oversee asset management of a national multifamily portfolio (~8,500 units), including Class A and B assets across multiple markets
• Manage and oversee third-party property management companies ensuring accountability on:
• Leasing performance and occupancy
• Revenue management and pricing strategy
• Operating expenses and NOI growth
• Capex execution, including unit renovations and capital projects
• Develop and execute asset-level business plans, including value-add strategies, repositioning initiatives, and long-term hold/sell decisions
• Conduct regular performance reviews, including:
• Monthly and quarterly financial analysis
• Variance reporting vs. budget and underwriting
• KPI tracking (rent growth, occupancy, concessions, turnover, etc.)
• Lead budgeting and reforecasting processes in partnership with property management and finance teams
• Maintain knowledge of investment and valuation trends
• Partner with Acquisitions team on:
• Underwriting new investments
• Investment committee materials
• Market and asset-level due diligence
• Transition and onboarding of newly acquired assets
• Support financing initiatives, including lender reporting and refinancing execution
• Oversee capital expenditure planning, ensuring ROI-driven deployment of capital
• Cover frequent site visits and property inspections to ensure alignment with business plans and identify operational improvements
• Prepare and present investment memos and portfolio updates to senior leadership
• Mentor and manage junior asset management and analyst team members, fostering a high-performance, analytical culture

Qualifications

• 10–15+ years of experience in multifamily asset management, real estate private equity, or related investment roles
• Proven experience overseeing institutional-quality multifamily portfolios, including both Class A and B assets
• Strong track record of managing third-party property managers and driving operational performance
• Experience with acquisitions, underwriting, and investment analysis
• Advanced financial modeling and analytical skills (Excel proficiency required)
• Familiarity with property management systems (Yardi, MRI, etc.)
• Strong understanding of revenue management, leasing strategy, and expense optimization
• Experience with capital projects / value-add execution
• Excellent communication and presentation skills, with ability to interface with senior leadership and external partners
• Ability to operate in a fast-paced, entrepreneurial environment and manage multiple assets and priorities
• Ability to travel on a regular basis to drive asset performance and evaluate new investments

Preferred Qualifications

• Experience working with or overseeing national portfolios across multiple markets
• Background in real estate private equity or institutional investment platforms
• Exposure to development or redevelopment projects