Asset Manager at HIGHLANDS VISTA GROUP MANAGEMENT

Denver, Colorado, United States -

Full Time

Start Date

Immediate

Expiry Date

20 Jan, 26

Salary

0.0

Posted On

22 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Multifamily Experience, Acquisitions, Asset Management, Dispositions, Analytical Skills, Attention to Detail, Problem-Solving, Organizational Skills, Communication Skills, Microsoft Excel, Microsoft PowerPoint, Microsoft Word, Negotiation Skills, Financial Analysis, Budgeting, Investor Relations

Industry

Real Estate

Description

JOB SUMMARY The Asset Manager will oversee a portfolio of multifamily properties in the Midwest region and hold responsibility for the execution of property specific asset business plans. The Manager will also be responsible for acquisition activity in a geographic region which includes sourcing and closing deals. This position will report to the Senior asset manager for the Midwest. KEY RESPONSIBILITIES: * Develop business plan for each property and provide oversight on operations and capital expenditures to meet or exceed business plans * Identify properties as candidates for refinancing or sale * Negotiate vendor agreements for onsite capital work and recurring property services * Analyze and monitor monthly financial performance of properties including comparisons to underwrite and budget * Examine property cash flow and cash position to recommend the amount of quarterly investor distributions * Oversee annual operating budget process and approval * Identify trends and issues and make recommendations to increase income or capture cost savings * Conduct quarterly site visits to meet with onsite staff, discuss operations, examine property condition, and review recent and upcoming capital work * Draft quarterly reports to investors to detail distribution amounts and property operations * Maintain a pipeline of properties in a specific region and provide weekly updates to management on potential acquisitions * Establish and develop a network of relationships with brokers and owners to increase deal flow * Present acquisition opportunities internally to HVG team members * Submit letters of intent on opportunities * Negotiate purchase and sale agreement * Create investor offering memorandums to assist in the capital raising process * Oversee due diligence process for new property acquisitions including unit walks, capital scope, asset business plan creation, and market research * Work property closings including communication with seller, title company, and property management DESIRED SKILLS, EXPERIENCE, AND QUALIFICATIONS * 5+ years of multifamily experience across acquisitions, asset management, and dispositions * Bachelor’s degree in Finance, Accounting, Economics, Real Estate, or other business-related fields * Excellent analytical and quantitative skills * Exceptional attention to detail * Strong problem-solving skills * Highly organized with the ability to prioritize multiple projects * Self-starter comfortable working in an environment with evolving roles and responsibilities * Strong communication skills with the ability to interact with various internal and external parties * High proficiency in Microsoft Excel, PowerPoint, and Word * Ability to travel overnight up to 2-3 times per month

Responsibilities

The Asset Manager will oversee a portfolio of multifamily properties and execute property-specific asset business plans. Responsibilities include acquisition activity, financial performance analysis, and maintaining relationships with brokers and owners.