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Grand Peaks

Asset Manager, FL Region

Grand Peaks, Miami, Florida, us, 33222

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Asset Manager, FL Region

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Grand Peaks

The primary job responsibility is to support the Senior Asset Management team in optimizing, tracking and reporting portfolio performance, executing acquisition business plans, and maintaining ongoing investor relations.

Responsibilities include but are not limited to:

Audit property level contracts and operating data to identify new revenue sources and efficiencies

Create, maintain, and implement proprietary company Asset Management tools and templates

Primary oversight and management of external management, vendors and service providers, ensuring adherence to business plan and budget expectations

Facilitate and lead regional property performance calls; provide feedback, directives and guidance for rent and occupancy targets, expense management and capital spend in accordance with the business plan

Produce debt and equity investment summary reports

Prepare and execute conveyance of property and portfolio performance to internal and external ownership partners and lenders

Travel locally and nationally to various markets as needed (est. 25%) to execute operational site visits to assess operational and financial performance relative to the business plan and to perform physical property inspections

Produce property and entity level monthly tracking reports and performance summaries

Contribute to and maintain monthly cashflow forecasting and asset valuations

Manage internal software dashboard and asset lifecycle conveyance

Facilitate cash flow distributions including maintaining waterfalls and preferred return schedules

Collaborate with Property Management team on annual budgeting

Facilitate obtaining lender and investor approvals for various business activities

Assist with existing property recapitalizations

Ongoing loan compliance and lender reporting as assigned

Prepare and update internal valuation models and memos as assigned

Communicate with investors, brokers, vendors, and onsite personnel as needed

Ad hoc analysis as needed and other duties as assigned

Travel requirement: approximately 25% for regular site visits within the South Florida region, with monthly site visits and quarterly travel to corporate HQ

Qualifications

Practical experience required with five (5) to ten (10) years of work experience in a multifamily asset management role

Understanding of industry standard real estate terms and concepts (i.e. cap rate, NOI, IRR, etc.) and accounting statements (P&L, Balance Sheet, etc)

Highly analytical with advanced skills in MS Office, particularly Microsoft Excel, Entrata & Yardi product suite, Appfolio, Juniper Square, CoStar; strong written and verbal communication skills, and ability to work independently

Location specific: Southeast Florida or Miami

BA / BS degree – majors in finance, real estate, economics, or STEM

Salary $160,000 - $200,000, commensurate with experience + bonuses

Benefits

Medical, dental and vision insurance, including flexible spending accounts

Life, accidental death and dismemberment, short-term disability and long-term disability insurance available

Employee Assistance Program

401(k) Retirement Plan (pre-tax and Roth) options available

18 days per year of PTO, total increases with years of service

Housing discount available at any one of our properties

8 paid holidays annually

Tuition Reimbursement for continuing education

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