Logo
VareCo

Senior Asset Manager

VareCo, Des Moines, Iowa, United States, 50319

Save Job

Alternative Job Title

Senior Asset Manager

Director of Asset Management

Senior Portfolio & Asset Manager

Titles don’t matter to the company. It’s about the execution of the mission.

Role Overview The Firm is seeking a Senior Asset Management to lead the execution of business plans across a growing portfolio of value-add multifamily investments. This individual will be responsible for maximizing asset performance by overseeing in-house and third-party property management teams, managing CapEx projects, and driving operational excellence to exceed projected returns. The ideal candidate combines institutional-level asset management capabilities with an entrepreneurial drive to execute in a fast-paced, high-accountability boutique environment. Balancing high-level strategic thinking with hands‑on execution. This person thrives while wearing multiple hats, proactively identifying issues and opportunities, and relentlessly optimising asset value from acquisition through disposition.

About The Firm Founded in 2016, the Firm is a Denver-based alternative asset manager with multifamily real estate, and private credit platforms. The firm has deep experience investing in private markets and creating value for investors via investing capital directly in firm‑managed and across the capital structure (joint‑venture, private credit, preferred equity). The firm has strong relationships with investors, primarily serving individual investors, advisors and small‑family offices. The firm is vertically integrated in the Multifamily sector via strategic partnership, managing all aspects of property and construction management, with a combined AUM of over $400M. The firm is positioned for strong growth, under leadership and execution of the Director of Investment.

Asset Management & Business Plan Execution

Own full‑cycle asset management across a portfolio of value‑add multifamily investments

Execute and refine property–level business plans in alignment with pro forma targets and hold strategies

Drive NOI growth by managing revenue strategies, expense controls, and operational initiatives

Collaborate closely with property managers to optimise leasing, rent growth, occupancy, and resident retention. Dropping down to the property level as required.

Oversee CapEx and renovation programmes, ensuring timeliness, budget adherence, and ROI tracking

Monitor operating statements, financial models, KPIs, and budget‑to‑actual variances monthly and quarterly.

Perform asset‑level forecasting, scenario planning, and hold/sell analyses

Conduct site visits regularly to inspect physical assets and hold management accountable for execution

Portfolio Management & Strategic Oversight

Report regularly to leadership on asset performance, risk exposure, and strategic opportunities

Maintain dashboards and reporting packages to track and communicate performance internally and to investors. Providing portfolio level and asset level dashboard to management and key stakeholders.

Recommend adjustments to business plans based on market shifts, property performance, or capital availability.

Assist with loan compliance, draw packages, tax projections, and audit/tax document coordination

Contribute to disposition planning and sale execution, including broker management and buyer due diligence support

Stakeholder & Team Collaboration

Serve as primary point of contact for property managers, construction teams, and consultants

Collaborate with acquisitions team during underwriting to shape realistic business plans and transition assets post‑close

Support investor relations and capital markets teams with timely data, analysis, and reporting

Required Qualifications & Experience

7–10+ years of experience in multifamily real estate asset management (less experience, but right character/work ethic considered)

Demonstrated success managing a portfolio of value‑add properties and executing business plans to increase asset value

Proven ability to oversee internal & third‑party property managers and drive performance through KPIs

Strong understanding of real estate financial modelling, budgeting, and variance analysis

Experience managing CapEx and construction/renovation projects at the property level

Ability to work independently, make data‑driven decisions, and report clearly to senior leadership

Familiarity with AppFolio, Yardi, RealPage, or similar systems; Excel proficiency required

Strong interpersonal, communication, and vendor management skills

Highly organised and resourceful, with a deep ownership mindset

Preferred Experience (Not Required)

Background in private equity real estate or institutional investment environments

Exposure to dispositions, refinancing, and investor reporting

Experience working with opportunistic distressed assets or complex capital stacks

#J-18808-Ljbffr