Vice President or Director, Student Housing / Multifamily

About the role

Kayne Anderson Real Estate manages approximately $21 billion in assets across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus student housing, multifamily housing, self-storage, and light industrial. As part of Kayne Anderson — an over $41 billion alternative investment management firm with more than 41 years of experience — the real estate team comprises more than 130 professionals who bring operational best practices to design, construction, financing, and operations of investments.

This Vice President/Director of Asset Management position oversees a portfolio of multifamily and student housing assets, including stabilized assets, repositioning, ground-up development, and redevelopment projects. The role reports to the Senior Managing Director and Managing Director of Asset Management, who oversee the Student Housing and Multifamily sector vertical. Expected travel is approximately two days per week on average to portfolio properties.

Responsibilities

• Monitor and report on the financial and operating performance of various assets against business plans and original underwriting
• Travel to portfolio properties to assess overall condition, capital plan status, on-site property management, joint-venture partner engagement, and market performance
• Manage operating partner relationships; maintain constant communication with operating partners and third parties, supporting relationship growth and representing Kayne Anderson Real Estate in the market
• Actively update revenue, expense, and overall strategy in real time to maximize property-level performance
• Track property-specific critical dates and deliverables: tax management, annual audits, accounting deliverables, debt maturities and covenant compliance, development/construction issues, leasing targets and timing
• Provide significant property-level engagement and guidance to property management teams
• Engage actively in property branding, property programming, lease-up strategy, and management of marketing firms in conjunction with the management company and/or JV partner
• Project asset performance through refinancing, renovations, and redevelopments
• Supervise development and renovation projects with support from the internal construction management department and operating partners
• Coordinate internal processes across disciplines (legal, accounting, construction, capital markets) to ensure execution of the business plan
• Work directly with the underwriting and acquisition team in evaluating potential investments
• Track industry trends and adjust property business plans as necessary
• Leverage industry relationships with operators, managers, consultants, and other contacts to evaluate markets, identify solutions, and deliver creative strategies for prospective and existing properties
• Participate actively in industry organizations and events

Qualifications

• Minimum 15 years of relevant real estate experience, including 10+ years in multifamily or student housing real estate asset management
• Strong operational skills; hands-on approach to asset management
• Experience working at operating platforms, with operating partners, and negotiating third-party contracts
• Strategic perspective: involvement in developing investment strategies and strong execution capabilities
• Strong financial, analytical, and computer skills with proficiency in Excel; experience with asset management platforms and software packages helpful but not required
• Sound judgment with ability to identify relevant questions and important issues when evaluating situations
• Self-motivated with ability to make independent decisions within the framework of group goals and policies
• Genuine desire to excel and passion for the role
• High degree of interest in collaborating with the Kayne team and leveraging external resources to achieve exceptional tangible and intangible results

Benefits

• Competitive medical, dental, and vision insurance
• Competitive 401(k) benefits
• Parental leave

Employment is contingent on proof of eligibility to work in the United States at time of hire.