Director Asset Management

Macdonald & Company has been exclusively retained by a leading multifamily developer and investor in Texas to appoint a Director of Asset Management to its growing Houston team.

The Opportunity

This firm has established itself as one of the region’s most active and successful vertically integrated platforms, with a track record of delivering high-quality Class-A multifamily communities across major Texas metro areas including Austin, Dallas-Fort Worth, San Antonio, and Houston.

In Houston, the group has already delivered several well-located projects and continues to expand with a robust pipeline of new developments. The incoming Asset Manager will play a pivotal role in overseeing the financial and operational performance of the Houston portfolio while contributing to the company’s continued growth across Texas.

Responsibilities

• Act as the primary relationship manager for third-party property management firms
• Review, analyze, and direct rental rates with property management input based on performance and competitive positioning
• Oversee and analyze financial performance, working with property management to optimize controllable expenses
• Conduct regular property visits to evaluate product quality and on-site operations
• Present asset strategies and performance updates to joint-venture partners, lenders, and internal leadership
• Support dispositions and refinancing efforts in collaboration with the development team
• Monitor compliance with loan covenants and joint venture agreements
• Produce weekly, monthly, and ad hoc reporting on asset performance
• Coordinate with internal accounting and property management to ensure accurate and timely reporting
• Assist with cash flow management and forecasting
• Collaborate with property management on annual budgets and business plans
• Manage relationships with property tax consultants and oversee associated protests
• Establish and implement standard operating procedures to enhance portfolio performance, with the potential for broader adoption across the state

Experience & Qualifications

Seniority level : Mid-Senior level

Employment type : Full-time

Job function : Finance and Project Management

Benefits include medical insurance, vision insurance, and 401(k).

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