Asset Manager

Job Description

This role requires a professional who is equally capable of conducting financial analysis and managing property-level operations. The ideal candidate will have the ability to identify physical deficiencies during site visits, communicate effectively with both building inspectors and institutional investors, and make informed decisions regarding unit pricing and capital expenditures. The portfolio includes a few smaller buildings in addition to buildings with on-site Resident Managers as well as properties staffed with full time employees including door staff, valet, and maintenance personnel. The Asset Manager will be responsible for ensuring operational compliance, maximizing value, and aligning property-level performance with ownership objectives. Additionally this employee will oversee a small team of Property Mangers who are responsible for overseeing their own portfolio of properties.

We will only consider applicants who have experience in Property Management in San Francisco. Candidates who only have experience in underwriting properties and not day to day operations will not be considered.

Job Description

Basic Function : Responsible for the full operational and financial oversight of a multifamily real estate portfolio, including budgeting, financial performance analysis, regulatory compliance, physical condition assessment, and ownership reporting.

Key Responsibilities

Financial Management and Investor Communication

• Manage portfolio performance to budget and monitor profit and loss (P&L) statements across the portfolio.
• Analyze gross potential rent (GPR), loss-to-lease, operating costs, capital expenditure ROI, and other key financial metrics.
• Prepare and deliver regular reports to institutional ownership detailing financial results, operational updates, and performance forecasts.
• Respond to investor inquiries with timely, accurate information and support ongoing financial modeling and strategic planning.

Operational Oversight

Due Diligence and Capital Planning

Compliance and Regulatory Management

Market Monitoring and Strategy

Qualifications