Wellings Capital is a real estate private equity firm based in Central Virginia with over $450 million of AUM and over $200 million of equity under management. We are dedicated to helping investors protect and grow their wealth through private commercial real estate. Our vision is to provide multi-generational financial security for our investors while rescuing victims from human trafficking through our social impact initiatives ( https : / / www.wellingscapital.com / social-mission) .
Core Values
AUM : - We’re not focused on chasing growth for the sake of growth. We’re focused on delivering returns to investors. If we do that, growth will happen as a byproduct.
Adaptability : We shift the sails, but stay the course. The market and investment opportunities will always shift, however we will stay focused on our mission and remain entrepreneurial.Transparency : We are open when communicating with investors, sponsors, vendors, and team members about matters related to our business.Humility : No jerks or arrogance allowed. No one has all the answers. We rely on each other, mentors, and advisors to ensure we make the best possible decisions.The Opportunity
As Wellings Capital’s first dedicated Director of Asset Management, you’ll build and lead the firm’s asset-management platform from the ground up.
Reporting directly to the Managing Partner, you’ll drive performance across our joint venture and preferred equity investments while also overseeing a broader portfolio of LP investments with multiple operators.
This is a strategic and hands-on leadership role for an analytical, entrepreneurial professional. You’ll join a growing firm and play a key role in shaping its long-term success.
Mission
To maximize portfolio performance and net investor returns through disciplined oversight of operating partners, data-driven execution of business plans, and transparent communication.
This “ cradle-to-grave ” role is active from due diligence and acquisition through ongoing management and exit.
Key Responsibilities
First 90 Days
Review all existing JV and preferred-equity investments, business plans, and performance metricsEvaluate and improve operator reporting processes for accuracy, timeliness, and consistencyAssess current tools and dashboards; recommend upgrades for portfolio-wide visibilityBuild relationships with all operating partners and internal stakeholdersOngoing
Lead asset management for all Wellings-controlled investments, ensuring execution of business plans and achievement of target returnsApprove operator budgets, capital plans, and annual business plansServe as the primary contact for operating partners, maintaining trust and accountabilityReview operating results, capital spend, leasing, and financing metrics; identify risks early and propose actionable solutionsConduct property visits (averaging once per month) to evaluate on-site executionParticipate in acquisition due diligence, providing operational insights and risk assessment to the Investment CommitteeLead quarterly portfolio reviews and support Investor Relations with investor updates, webinars, and fund reports.Collaborate with Finance and Operations to enhance KPI dashboards and portfolio forecastingEnsure compliance with JV and loan agreementsIdentify portfolio-wide process improvements, cost savings, and revenue opportunitiesPartner with leadership on exit strategies, sales, and refinancingRequirements
Bachelor’s degree in Finance, Real Estate, Business, or related field5-8 years of relevant experience in real estate private equity, joint venture asset management, or investment managementProven ability to oversee multiple operators and complex JV / preferred-equity structuresStrong financial analysis, budgeting, forecasting, and variance-analysis skillsExcellent communication and negotiation abilities with partners, operators, and investorsHighly organized, able to manage multiple projects in a fast-moving environmentTechnologically proficient; strong in Excel, with experience in asset management or reporting software (e.g., AppFolio, RealPage, Yardi, etc.)Must live in or relocate to Lynchburg, VA (relocation assistance provided)Alignment with Wellings Capital’s mission and values ( https : / / www.wellingscapital.com / about )Compensation
Base Salary : $150,000-$200,000 (depending on experience, skills, and qualifications)Annual Bonus : Discretionary based on performance and firm contributionCarried Interest : Participation in the firm’s carried-interest programRelocation Support :Up to $15,000 stipend (including moving costs and a house-hunting trip)Up to two months temporary housing (capped at $2,500 / month) or a one-time $5,000 housing stipendRepayment clause if employment ends voluntarily within 12 monthsBenefits
100% company-paid health, dental, and vision insurance (employee-only)401(k) with company matchThree weeks (15 days) paid vacation plus additional sick time10 paid, flexible holidaysEquipment allowance and annual learning / development budgetHybrid flexibility once established in the roleJoin Us
If you’re a proven asset-management professional who wants to build something lasting, influence firm strategy, and join a mission-driven team, we’d love to hear from you.
Wellings Capital is an equal opportunity employer. We value diversity in all forms and hire the best person for each role, regardless of background.
If you meet more than 50% of our requirements but fewer than 100%, we encourage you to apply. Our job descriptions are a starting point for discussion, not a checklist.