MFM Search LLC
My client is seeking an experienced and highly analytical Asset Manager to oversee the performance of a portfolio of multifamily properties. This role is critical in driving NOI growth, managing business plans, and protecting investor capital. The ideal candidate brings a strong understanding of multifamily operations, financial analysis, and value-add execution.
Responsibilities :
- Manage a portfolio of multifamily assets to maximize operational performance and return on investment
- Monitor key performance indicators (KPIs) across revenue, expenses, occupancy, leasing, and capital projects
- Collaborate with property management teams to ensure alignment with business plans and budget targets
- Review monthly property financials, provide variance analysis, and recommend corrective actions
- Track and oversee value-add renovations, capital expenditures, and ROI on improvement plans
- Assist in the preparation and execution of annual operating budgets and reforecasts
- Work cross-functionally with acquisitions, accounting, investor relations, and executive leadership
- Prepare and present asset performance updates to internal stakeholders and investors
- Identify risks, operational inefficiencies, and value-creation opportunities across the portfolio
- Contribute to portfolio-level planning, hold/sell analysis, and disposition strategies
Requirements :
- 10+ years of experience in asset management, real estate finance, or multifamily operations
- Proven track record of managing multifamily assets and driving performance improvements
- Strong financial modeling and analysis skills (Excel proficiency required)
- Experience with Yardi, RealPage, or similar property management/accounting platforms
- Understanding of real estate capital markets, underwriting, and investment returns
- Excellent communication and leadership skills with the ability to manage third-party partners
- Bachelor's degree in Finance, Real Estate, Business, or a related field (MBA or CPM a plus)