Macdonald & Company
Macdonald & Company has been exclusively retained by a leading multifamily developer and investor in Texas to appoint an Asset Manager to its growing Houston team.
The firm has established itself as one of the region’s most active and successful vertically integrated platforms, with a track record of delivering high-quality Class-A multifamily communities across major Texas metro areas including Austin, Dallas-Fort Worth, San Antonio, and Houston.
In Houston, the group has already delivered several well-located projects and continues to expand with a robust pipeline of new developments. The incoming Asset Manager will play a pivotal role in overseeing the financial and operational performance of the Houston portfolio while contributing to the company’s continued growth across Texas.
Responsibilities
Act as the primary relationship manager for third-party property management firms
Review, analyze, and direct rental rates with property management input based on performance and competitive positioning
Oversee and analyze financial performance, working with property management to optimize controllable expenses
Conduct regular property visits to evaluate product quality and on-site operations
Present asset strategies and performance updates to joint-venture partners, lenders, and internal leadership
Support dispositions and refinancing efforts in collaboration with the development team
Monitor compliance with loan covenants and joint venture agreements
Produce weekly, monthly, and ad hoc reporting on asset performance
Coordinate with internal accounting and property management to ensure accurate and timely reporting
Assist with cash flow management and forecasting
Collaborate with property management on annual budgets and business plans
Manage relationships with property tax consultants and oversee associated protests
Establish and implement standard operating procedures to enhance portfolio performance, with the potential for broader adoption across the state
Experience & Qualifications
Minimum 3 years of asset management experience within multifamily real estate
Strong financial modeling skills
High analytical ability with keen attention to detail
Proficiency in Microsoft Excel, Yardi, RealPage, PowerPoint, and Word
Strong written and verbal communication skills
Excellent organizational ability, with the capacity to prioritize, multitask, and meet deadlines under pressure
Ability to operate independently with minimal supervision
Seniority level : Mid-Senior level
Employment type : Full-time
Job function : Finance and Project Management
The company offers medical insurance, 401(k), and vision insurance.
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