Vice President of Asset Management

Vice President of Asset Management

About the Company

Premier real estate investment & management firm

Industry

Commercial Real Estate

Type

Privately Held

About the Role

The Company is in need of a Vice President of Asset Management with a strong background in residential real estate, particularly in the 55+ active adult and independent living sectors. The successful candidate will be responsible for working closely with property management to ensure that each asset meets its financial and operational objectives. This includes monitoring and addressing issues related to leasing, occupancy, and expenses, as well as managing capital improvement and reserve balances. The role also involves participating in the annual budget process, conducting site visits, and engaging in strategic activities to enhance the value and performance of the portfolio. Applicants for the Vice President of Asset Management position at the company should have a Bachelor's degree in a relevant field, with an MBA preferred, and at least 8-10 years' of experience in managing residential real estate assets. The role requires a deep understanding of age-restricted residential real estate principles, advanced proficiency in financial analysis and reporting, and the ability to effectively communicate and collaborate with internal and external stakeholders. The ideal candidate will be self-motivated, detail-oriented, and capable of identifying and addressing risks to the portfolio. Experience with real estate management software and a proven track record in optimizing asset performance are essential.

Hiring Manager Title

Managing Director of Asset Management

Travel Percent

Less than 10%

Functions

• Finance