Logo
Macdonald & Company

Asset Manager

Macdonald & Company, Houston, Texas, United States, 77246

Save Job

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.

#J-18808-Ljbffr