Director - Asset Management

Title : Director - Asset Management

Location : Washington, DC or Los Angeles, CA

Reports To : CEO / President

Firm Overview :

Standard Real Estate Investments ("Standard") is a real estate investment management firm that makes direct investments in existing property and invests joint venture equity in new projects with developers. The firm focuses primarily on multifamily and industrial assets across major U.S. markets, with offices in Washington, DC and Los Angeles, CA. Standard has over $650 million in AUM and manages capital on behalf of institutional investors including 5 of the top 10 U.S. pensions. The company operates with institutional rigor, entrepreneurial agility, and a collaborative, flat organizational structure.

Position Overview :

The Director of Asset Management will be responsible for overseeing the financial and operational performance of Standard's multifamily and select industrial investments. This individual will manage third-party property management firms, lead execution of asset-level business plans, and ensure the firm's investment objectives are achieved. The ideal candidate brings hands-on experience managing multifamily assets, with additional exposure to industrial operations considered a plus.

This is a dynamic, growth-oriented role within a lean and highly engaged team. The Asset Manager will collaborate across functions, with opportunities to contribute to acquisitions underwriting, joint venture oversight, refinancing, and investor reporting.

Primary Responsibilities

• Oversee the performance of multifamily and industrial assets within Standard's portfolio, ensuring business plan execution, leasing performance, and NOI growth.
• Manage third-party property management and leasing teams, providing leadership, direction, and accountability.
• Develop, update, and execute asset-level business plans including capital improvement, repositioning, and refinancing strategies.
• Review monthly financials, budgets, and variance reports; drive corrective actions as needed.
• Lead quarterly asset reviews, providing detailed financial analysis, market context, and strategic recommendations to senior leadership.
• Collaborate with acquisitions team on new investments by contributing asset management insights into underwriting and due diligence.
• Interface directly with joint venture partners, lenders, and investors, maintaining clear communication and professional representation of the firm.
• Support disposition processes including broker selection, valuation analysis, and closing execution.
• Ensure compliance with loan covenants and investor reporting requirements.
• Conduct periodic property inspections and maintain close contact with on-site teams.

Key Performance Indicators (KPIs)

Qualifications

Compensation

Competitive compensation and performance-based bonus.

Contact

investors@standardrei.com