LivCor, a Blackstone Portfolio Company
Director - Asset Management, Texas
LivCor, a Blackstone Portfolio Company, Dallas, Texas, United States, 75215
Director - Asset Management, Texas
LivCor, a Blackstone Portfolio Company, is a real estate asset management business specializing in multi‑family housing. Founded in 2013 and headquartered in Chicago, LivCor currently manages a portfolio of over 400 Class A and B properties comprising more than 150,000 units across the United States.
Core Values
Kind
Humble
Honest
Relentless
Smart with Heart
What You Will Do
Collaborate with portfolio strategy, investments, marketing, revenue management, accounting, financial planning & analysis, and capital investment departments to formulate and execute strategies that maximize portfolio value and report performance results to leadership.
Leverage monthly and quarterly financial statements, business intelligence software, and analytical tools to identify underperformance relative to budget or market benchmarks and work with relevant teams to correct issues.
Use a value‑oriented approach to each asset, analyzing revenue opportunities and providing direction supported by financial models to justify major capital investments and decisions.
Forge strong relationships with operating partners, addressing challenges and communicating concerns up internal and external chains of command when expectations are not met.
Conduct frequent physical inspections of each property in the assigned portfolio to assess implementation of strategic initiatives, operational performance, and identify improvement opportunities.
Coordinate with the CapEx team to evaluate capital needs and develop long‑term capital plans that align with the stated strategy.
Identify and oversee repositioning opportunities, monitor market trends for value‑adding renovations or expansions, and supervise scope development and implementation to ensure ROI expectations are met.
Lead the creation of annual operating and capital budgets, collaborating with teams to produce comprehensive budgets that meet investment strategies.
Become an expert on assigned markets through on‑site visits, analysis of industry trends, and maintenance of an industry network, then collaborate with executives to adjust strategy.
Support Blackstone in acquisition underwriting, providing market and leasing assumptions and participating in due diligence activities as necessary.
Lead the Capital Investment and Renovation Investment Strategy for each community.
Evaluate and recommend new products and services to grow ancillary income, reduce operating expenses, or create operational efficiencies.
Identify opportunities, initiatives, and projects to drive performance of the larger asset management department.
Mentor and develop analysts, leads, and managers across supporting teams.
Encourage active participation in local industry organizations.
Maintain an extensive network of industry relationships to stay current on regional and local market trends.
Travel 20‑25% of the time.
What You Should Have
Bachelor’s degree, preferably in Business, Finance, Real Estate, or a related field.
7+ years of acquisition or asset management experience for a regional portfolio of 5,000–7,000+ units, with mixed‑use retail, across multiple MSAs, preferably in Texas.
Familiarity with core real estate principles: operations, analysis, budgeting, financial reporting, cash management, and general accounting.
Ability to communicate complex issues effectively and professionally, both verbally and in writing.
Strong interpersonal, communication, and listening skills necessary to build relationships with all levels of management and across functional teams.
Understanding of construction and redevelopment terminology and standard multifamily capital enhancement projects.
Ability to interpret market trends, third‑party reports, and competitor surveys.
Capacity to define, develop, and execute an asset management strategy while managing third‑party property management teams.
Familiarity with investment due diligence processes and ability to provide local market leasing assumptions and competitive intelligence.
Strong self‑starter who thrives in a fast‑paced, dynamic environment with evolving priorities and deadlines.
What We Offer We focus on people first and community always. We provide competitive pay, a full slate of benefits, and a culture that values openness, kindness, and professional growth. We strive to create great places to work, live, and grow.
The LivCorian Values
Be you. Be Real. Be Open.
Care, Always.
Courageously Curious.
Help Others Win, Be a Good Neighbor.
Relentless Hustle, Heart & Humility.
EEO Statement LivCor is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information, protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations; if you need an accommodation to complete the application process, please email talent@revantage.com.
Seniority level
Director
Employment type
Full‑time
Job function
Finance and Sales
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Core Values
Kind
Humble
Honest
Relentless
Smart with Heart
What You Will Do
Collaborate with portfolio strategy, investments, marketing, revenue management, accounting, financial planning & analysis, and capital investment departments to formulate and execute strategies that maximize portfolio value and report performance results to leadership.
Leverage monthly and quarterly financial statements, business intelligence software, and analytical tools to identify underperformance relative to budget or market benchmarks and work with relevant teams to correct issues.
Use a value‑oriented approach to each asset, analyzing revenue opportunities and providing direction supported by financial models to justify major capital investments and decisions.
Forge strong relationships with operating partners, addressing challenges and communicating concerns up internal and external chains of command when expectations are not met.
Conduct frequent physical inspections of each property in the assigned portfolio to assess implementation of strategic initiatives, operational performance, and identify improvement opportunities.
Coordinate with the CapEx team to evaluate capital needs and develop long‑term capital plans that align with the stated strategy.
Identify and oversee repositioning opportunities, monitor market trends for value‑adding renovations or expansions, and supervise scope development and implementation to ensure ROI expectations are met.
Lead the creation of annual operating and capital budgets, collaborating with teams to produce comprehensive budgets that meet investment strategies.
Become an expert on assigned markets through on‑site visits, analysis of industry trends, and maintenance of an industry network, then collaborate with executives to adjust strategy.
Support Blackstone in acquisition underwriting, providing market and leasing assumptions and participating in due diligence activities as necessary.
Lead the Capital Investment and Renovation Investment Strategy for each community.
Evaluate and recommend new products and services to grow ancillary income, reduce operating expenses, or create operational efficiencies.
Identify opportunities, initiatives, and projects to drive performance of the larger asset management department.
Mentor and develop analysts, leads, and managers across supporting teams.
Encourage active participation in local industry organizations.
Maintain an extensive network of industry relationships to stay current on regional and local market trends.
Travel 20‑25% of the time.
What You Should Have
Bachelor’s degree, preferably in Business, Finance, Real Estate, or a related field.
7+ years of acquisition or asset management experience for a regional portfolio of 5,000–7,000+ units, with mixed‑use retail, across multiple MSAs, preferably in Texas.
Familiarity with core real estate principles: operations, analysis, budgeting, financial reporting, cash management, and general accounting.
Ability to communicate complex issues effectively and professionally, both verbally and in writing.
Strong interpersonal, communication, and listening skills necessary to build relationships with all levels of management and across functional teams.
Understanding of construction and redevelopment terminology and standard multifamily capital enhancement projects.
Ability to interpret market trends, third‑party reports, and competitor surveys.
Capacity to define, develop, and execute an asset management strategy while managing third‑party property management teams.
Familiarity with investment due diligence processes and ability to provide local market leasing assumptions and competitive intelligence.
Strong self‑starter who thrives in a fast‑paced, dynamic environment with evolving priorities and deadlines.
What We Offer We focus on people first and community always. We provide competitive pay, a full slate of benefits, and a culture that values openness, kindness, and professional growth. We strive to create great places to work, live, and grow.
The LivCorian Values
Be you. Be Real. Be Open.
Care, Always.
Courageously Curious.
Help Others Win, Be a Good Neighbor.
Relentless Hustle, Heart & Humility.
EEO Statement LivCor is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information, protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations; if you need an accommodation to complete the application process, please email talent@revantage.com.
Seniority level
Director
Employment type
Full‑time
Job function
Finance and Sales
#J-18808-Ljbffr