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Vice President Asset Management
Vice President Asset ManagementPantzer Properties • New York, NY, United States
Vice President Asset Management

Vice President Asset Management

Pantzer Properties • New York, NY, United States
22 hours ago
Job type
  • Full-time
Job description

Company : Pantzer Properties

Job Title : Vice President - Asset Management

Location : New York City, NY

Pantzer Properties is an institutional fund manager with a vertically integrated owner-operator platform exclusively focused on high-quality multifamily assets along the East Coast of the United States. Since the inception of the Panco Strategic Real Estate Fund series, Pantzer Properties has deployed more than $7.5 billion across its investment platform. Pantzer Properties is headquartered in New York City, with offices in White Plains, NY and Philadelphia, PA.

Position Overview :

Pantzer Properties is seeking a Vice President - Asset Management to join our New York-based Investment Team. This individual will play a key role in driving portfolio performance across the firm's growing multifamily portfolio (currently more than 11,000 units).

The Vice President will be responsible for leading day-to-day asset management initiatives while maintaining close collaboration and oversight from the Managing Directors. The ideal candidate is a highly analytical, hands-on professional capable of managing detailed operational execution while also contributing to high-level strategic decision making.

This position will serve as a critical liaison between the investment team and the in-house property management team, with a focus on operational excellence, financial performance, and long-term value creation.

Key Responsibilities :

  • Lead day-to-day asset management initiatives across the multifamily portfolio
  • Develop and oversee execution of strategic business plans for each property
  • Formulate and implement initiatives to optimize revenue, control expenses, and maximize overall financial performance across portfolio
  • Regularly communicate and collaborate with the in-house property management team
  • Lead the annual budgeting process and monitor ongoing financial performance
  • Track and report key performance indicators (KPIs) across assets (weekly, monthly, quarterly)
  • Prepare monthly reports comparing budgeted to actual operating performance, including detailed variance analyses and explanations
  • Conduct regular property site visits and operational reviews
  • Actively participate in the disposition process of assets
  • Manage coordination of post-acquisition activities and integration of asset into the ownership's portfolio
  • Track capital expenditures, renovation projects, and value-add initiatives across the portfolio
  • Oversight of ground-floor retail which can be a component of our multifamily properties
  • Oversight of tax appeals and insurance programs

Requirements :

  • 5-10 years of multifamily asset management, portfolio management, or operational experience
  • Experience with class A multifamily (leased ups and stabilized) and familiarity with East Coast markets is preferred
  • Strong financial acumen with a track record of driving exceptional financial performance
  • Proficiency in Microsoft Excel, leveraging advanced functions for comprehensive financial analysis and reporting, CoStar, RealPage, Yardi, OneSite, and Revenue Management
  • Effective communication and relationship-building skills, facilitating seamless collaboration with internal teams, stakeholders, and partners
  • Excellent organizational and communication skills
  • Self-motivated, resourceful, and proactive
  • Ability to work independently, effectively prioritize, and multi-task under pressure
  • Understanding of the private equity business model and real estate industry
  • Bachelor's degree
  • Approximate Base Salary Range $175,000 / yr to $200,000 / yr
  • Plus, an additional discretionary annual bonus, base salary range does not include the bonus
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    Asset Management Vice President • New York, NY, United States

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