University Partners
Director of Asset Management - Multifamily
University Partners, Fort Worth, Texas, United States, 76102
Director of Asset Management
Report to: VP of Asset Management, Elevate Property Partners
Location: Downtown Dallas, TX | Travel: 20–25%
About Elevate Property Partners Elevate Property Partners is a nationally recognized real estate investment and management firm focused on delivering value across multifamily communities. We are committed to innovation, operational excellence, and creating long-term growth for our residents, partners, and team members.
We are seeking an experienced and strategic Director of Asset management to join our high-performing team. This role will support the VP of Asset Management and play a key part in driving the performance of a15,000-unit national multifamily portfolio, with direct influence on value creation, operations, and investment strategy.
This is a unique and high-visibility role in a competitive industry, offering the opportunity to make an outsized impact while working alongside top leaders in the field.
Responsibilities
Serve as a key member of the asset management team with direct impact on portfolio performance
Analyze market performance and multifamily operations to identify opportunities and underperformance
Partner with marketing, revenue management, accounting, capital, and operations to formulate and execute strategies that maximize portfolio value
Review weekly/monthly reporting and analytical tools to identify trends, benchmark performance, and recommend solutions
Apply a value-oriented approach to each asset, including revenue generation strategies, capital allocation, and operational efficiencies
Build and maintain strong relationships with operating partners; resolve issues and conflicts internally and externally
Conduct property site visits to assess physical condition, diagnose performance challenges, and recommend improvements
Collaborate with the Capital Expenditures team to assess property-level needs and develop both short‑and‑long-term capital plans
Monitor market trends for opportunities such as renovations, expansions, or repositioning projects
Play an active role in developing annual operating and capital budgets, as well as reforecasting as needed
Support acquisition underwriting and due diligence by providing leasing assumptions and market intelligence
Evaluate and implement new products and services aimed at driving revenue, reducing costs, or improving efficiency
Mentor and develop junior analysts on the team
Additional Transition Responsibilities
Oversee monthly and annual cashflow projections between Operations and Accounting
Develop annual capital plans, monitor progress, and ensure execution by operators
Track litigation and risk issues for each asset, ensuring timely resolution
Maintain updated market analyses in collaboration with operations and revenue management to achieve occupancy and revenue goals
Coordinate stakeholders during new acquisition transitions
Lead rollout of revenue‑generating initiatives, monitor results, and report on performance
Qualifications
Bachelor’s degree in Business, Finance, Real Estate, or related field
7+ years of experience in acquisition or asset management for large‑scale portfolios (5,000–7,000+ units) with mixed‑use retail across major MSAs.Minimum 4 years in multifamnily asset management.
Strong working knowledge of real estate principles, including operations, financial analysis, budgeting, reporting, ROI analysis, cash management, and accounting
Ability to interpret market trends, competitive surveys, and third‑party reports
Familiarity with investment due diligence and providing market‑based leasing assumptions
Excellent interpersonal and communication skills, with the ability to explain complex issues clearly
Demonstrated leadership ability, with experience mentoring and developing team members
Proven ability to thrive in a fast‑paced, dynamic environment with evolving priorities
Based in Dallas, with ability to travel 20–25%
Ideal candidate brings a balanced background in both finance and operations (approximately 75% finance / 25% operations or 50/50)
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Location: Downtown Dallas, TX | Travel: 20–25%
About Elevate Property Partners Elevate Property Partners is a nationally recognized real estate investment and management firm focused on delivering value across multifamily communities. We are committed to innovation, operational excellence, and creating long-term growth for our residents, partners, and team members.
We are seeking an experienced and strategic Director of Asset management to join our high-performing team. This role will support the VP of Asset Management and play a key part in driving the performance of a15,000-unit national multifamily portfolio, with direct influence on value creation, operations, and investment strategy.
This is a unique and high-visibility role in a competitive industry, offering the opportunity to make an outsized impact while working alongside top leaders in the field.
Responsibilities
Serve as a key member of the asset management team with direct impact on portfolio performance
Analyze market performance and multifamily operations to identify opportunities and underperformance
Partner with marketing, revenue management, accounting, capital, and operations to formulate and execute strategies that maximize portfolio value
Review weekly/monthly reporting and analytical tools to identify trends, benchmark performance, and recommend solutions
Apply a value-oriented approach to each asset, including revenue generation strategies, capital allocation, and operational efficiencies
Build and maintain strong relationships with operating partners; resolve issues and conflicts internally and externally
Conduct property site visits to assess physical condition, diagnose performance challenges, and recommend improvements
Collaborate with the Capital Expenditures team to assess property-level needs and develop both short‑and‑long-term capital plans
Monitor market trends for opportunities such as renovations, expansions, or repositioning projects
Play an active role in developing annual operating and capital budgets, as well as reforecasting as needed
Support acquisition underwriting and due diligence by providing leasing assumptions and market intelligence
Evaluate and implement new products and services aimed at driving revenue, reducing costs, or improving efficiency
Mentor and develop junior analysts on the team
Additional Transition Responsibilities
Oversee monthly and annual cashflow projections between Operations and Accounting
Develop annual capital plans, monitor progress, and ensure execution by operators
Track litigation and risk issues for each asset, ensuring timely resolution
Maintain updated market analyses in collaboration with operations and revenue management to achieve occupancy and revenue goals
Coordinate stakeholders during new acquisition transitions
Lead rollout of revenue‑generating initiatives, monitor results, and report on performance
Qualifications
Bachelor’s degree in Business, Finance, Real Estate, or related field
7+ years of experience in acquisition or asset management for large‑scale portfolios (5,000–7,000+ units) with mixed‑use retail across major MSAs.Minimum 4 years in multifamnily asset management.
Strong working knowledge of real estate principles, including operations, financial analysis, budgeting, reporting, ROI analysis, cash management, and accounting
Ability to interpret market trends, competitive surveys, and third‑party reports
Familiarity with investment due diligence and providing market‑based leasing assumptions
Excellent interpersonal and communication skills, with the ability to explain complex issues clearly
Demonstrated leadership ability, with experience mentoring and developing team members
Proven ability to thrive in a fast‑paced, dynamic environment with evolving priorities
Based in Dallas, with ability to travel 20–25%
Ideal candidate brings a balanced background in both finance and operations (approximately 75% finance / 25% operations or 50/50)
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