Vice President of Asset Management

4 weeks ago

Houston TX, United States Michael Page Full time

Michael Page has partnered with a respected real estate development firm based in Houston who are looking for a talented Vice President of Asset Management to cover their growing portfolio.

Client Details

Our Client is a scrappy growing real estate developer engaged in cutting edge development projects in the greater Southeast Region of the US. They develop across a number of verticals but are particularly active in industrial and multifamily.

Description

Newly create Vice President of Asset Management will lead the design, implementation and execution of strategies, programs, policies, and initiatives for development projects from construction to lease up and beyond. The Vice President of Asset Management will ensure achievement of the financial and operating goals, and overall profitability of the portfolio.

Selected responsibilities:

  • Participates and assists in formulating the annual business plan for the assigned development projects (primarily industrial and mixed use/multifamily)
  • Reviews, monitors, and reports on the development portfolio's performance against budget and investment proforma by analyzing monthly operating and income statements, researching and taking appropriate actions to address variances, managing and monitoring cash flow, and preparing monthly and quarterly client portfolio/performance reports.
  • Communicates with and closely interacts with the Principals of the firm and on-site team members to monitor the daily operation of the portfolio by conducting routine site visits and inspections, reviewing weekly leasing, occupancy, and revenue reports, addressing policies, procedures and compliance issues and developing strategies and programs that maximize the performance of the portfolio.
  • Manages and oversees the portfolio's compliance with the established debt and equity providers, develops and provides reports to the investment principals and equity partners, monitors investment performance, returns and forecasts through financial modeling, and recommends ways for optimizing returns at the asset level.
  • Gathers, complies and analyzes market, economic, and capital trends and factors impacting the performance of the multi-family portfolio, prepares and delivers presentations and updates to investment principal/investment committee, and participates in formulating the long-term disposition and exit strategy for the assets.
  • Works with the third party contractors to plan for rehab and other capital improvements, and reviews and monitors progress on existing project to ensure on-time and on-budget completion.
  • Leads and executes the implementation of revenue-enhancing and expense containment programs and initiatives

Profile

  • B.S. Degree in Accounting/Finance and 10+ years' equivalent experience within Asset Management or similar.
  • Specific asset management experience in a development firm a plus although will consider candidates with asset management experience from hands on investment management backgrounds
  • Candidates must have experience within the industrial or mixed-use (with heavy office focus) categories. Multifamily a plus.
  • Experience with capital improvement project management
  • Experience at interpreting limited partnership agreements, financial statements, and regulatory documents
  • Strong analytical skills with a good understanding of Generally Accepted Accounting Principles

Our client operate a flat organization structure and as such no job description is set in stone. They value individuals who have a "do what it takes" approach and are willing to contribute in multiple ways.

Job Offer

Market driven base salary plus bonus potential along with benefits such as health insurance, etc. Targeting a base salary in the $175,000 to $225,000 range. This is a strategic position but while the portfolio grows the incumbent will need to be comfortable acting as a player-coach.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

  • Vice President of Asset Management

    4 weeks ago

    Houston, United States Michael Page Full time

    Michael Page has partnered with a respected real estate development firm based in Houston who are looking for a talented Vice President of Asset Management to cover their growing portfolio.Client DetailsOur Client is a scrappy growing real estate developer engaged in cutting edge development projects in the greater Southeast Region of the US. They develop...

  • Vice President

    2 weeks ago

    Dallas, TX, United States D2 Asset Management, LP Full time

    About D2 Asset ManagementD2 Asset Management, LP is a global investment firm specializing in credit, hybrid and special situations investing across complex and asset-rich opportunities. We provide structured solutions in private markets and invest opportunistically across the capital structure in liquid markets. D2 combines fundamental analysis, thematic...

  • Vice President of Engineering

    1 month ago

    Houston, Texas, United States Certarus LTD Full time

    Job Title: Vice President of EngineeringCertarus is a leading provider of low-carbon energy solutions in North America. We are seeking an experienced Vice President of Engineering to join our team.Job Summary:The Vice President of Engineering will provide strategic direction to a team of engineers, driving innovation and improving the design, cost, and...

  • Vice President of Procurement

    3 weeks ago

    Houston, United States Elior North America Full time

    The Vice President of Procurement leads the development and execution of a comprehensive procurement strategy across the organization. This role is critical in ensuring that the company's procurement operations support growth, profitability, and mark Procurement, Vice President, President, Supply Chain, Operations, Product Development, Restaurant

  • Vice President of Operations

    4 weeks ago

    Houston, United States Jones Lange Lasalle, Inc. Full time

    Operational Leadership: Provide strategic leadership and guidance to the PDS national service, ensuring the smooth execution of day-to-day activities and long-term operational objectives. Effectively hire, manage, and inspire high-performing teams of Operations, Vice President, Continuous Improvement, Operations Manager, Leadership, President, Manufacturing,...

  • Vice President Property Management

    2 weeks ago

    houston, United States Cory Executive Recruiting Full time

    Exciting Opportunity: Vice President of Property Management- (Affordable Housing)CORY is hiring a Vice President of Property Management in the Southeast market within the affordable housing sector. The Vice President will ensure that all locations meet or exceed annual financial goals and provide the highest quality housing to all residents.About Our Client:...

  • Vice President Property Management

    2 weeks ago

    houston, United States Cory Executive Recruiting Full time

    Exciting Opportunity: Vice President of Property Management- (Affordable Housing)CORY is hiring a Vice President of Property Management in the Southeast market within the affordable housing sector. The Vice President will ensure that all locations meet or exceed annual financial goals and provide the highest quality housing to all residents.About Our Client:...

  • Vice President Property Management

    2 weeks ago

    Houston, United States Cory Executive Recruiting Full time

    Exciting Opportunity: Vice President of Property Management- (Affordable Housing)CORY is hiring a Vice President of Property Management in the Southeast market within the affordable housing sector. The Vice President will ensure that all locations meet or exceed annual financial goals and provide the highest quality housing to all residents.About Our Client:...

  • Vice President Property Management

    2 weeks ago

    Houston, United States Cory Executive Recruiting Full time

    Exciting Opportunity: Vice President of Property Management- (Affordable Housing)CORY is hiring a Vice President of Property Management in the Southeast market within the affordable housing sector. The Vice President will ensure that all locations meet or exceed annual financial goals and provide the highest quality housing to all residents.About Our Client:...

  • Marketing Vice President

    1 month ago

    Houston, Texas, United States Perry Homes, LLC Full time

    Job Title: Marketing Vice PresidentPerry Homes, LLC is seeking a highly skilled Marketing Vice President to lead our marketing initiatives and drive business growth.Key Responsibilities:Develop and execute comprehensive marketing strategies to drive lead generation, increase brand awareness, and enhance customer engagement.Lead a team of marketing...

  • Vice President of Human Resources

    2 weeks ago

    Houston, United States Blue Sprig Pediatrics Inc Full time

    Include culture building, collaboration with the executive team on strategic planning initiatives and overseeing a team of HR employees to lead day-to-day management of employee onboarding experience, benefit programs, policies, performance managemen Vice President, Human Resource, Leadership, Talent Acquisition, Team Leader, President, Administrative,...

  • Vice President of Manufacturing

    4 days ago

    Houston, United States Forward Science Full time

    TITLE: Vice President of Manufacturing COMPANY: Forward Science REPORTS TO: CEO / CSO RESPONSIBLE FOR: Manufacturing and Production LOCATION: Houston, TX TRAVEL: 5% Position Overview The Vice President of Manufacturing plays a significant role on the senior leadership team and is in charge of directing and managing all manufacturing activities. They...

  • Vice President of Manufacturing

    2 weeks ago

    Houston, United States Forward Science Full time

    TITLE: Vice President of Manufacturing COMPANY: Forward Science REPORTS TO: CEO / CSO RESPONSIBLE FOR: Manufacturing and Production LOCATION: Houston, TX TRAVEL: 5% Position Overview The Vice President of Manufacturing plays a significant role on the senior leadership team and is in charge of directing and managing all manufacturing activities. They...

  • Vice President of Manufacturing

    2 weeks ago

    Houston, TX, United States Forward Science Full time

    TITLE: Vice President of Manufacturing COMPANY: Forward ScienceREPORTS TO: CEO / CSORESPONSIBLE FOR: Manufacturing and ProductionLOCATION: Houston, TXTRAVEL: 5% Position OverviewThe Vice President of Manufacturing plays a significant role on the senior leadership team and is in charge of directing and managing all manufacturing activities. They develop and...

  • Vice President of Business Development

    3 weeks ago

    Houston, United States Definity First Full time

    Join Definity First as a Vice President of Business Development! Are you passionate about sales and technology? Do you want to be part of a dynamic team redefining success in the Microsoft platform space? Definity First is looking for a driven Vice President of Business Development to lead our efforts to achieve remarkable sales milestones. Why Definity...

  • Vice President of Business Development

    3 weeks ago

    Houston, United States Definity First Full time

    Join Definity First as a Vice President of Business Development! Are you passionate about sales and technology? Do you want to be part of a dynamic team redefining success in the Microsoft platform space? Definity First is looking for a driven Vice President of Business Development to lead our efforts to achieve remarkable sales milestones. Why Definity...

  • Vice President of Manufacturing

    3 weeks ago

    Houston, United States Forward Science Full time

    TITLE: Vice President of Manufacturing COMPANY: Forward ScienceREPORTS TO: CEO / CSORESPONSIBLE FOR: Manufacturing and ProductionLOCATION: Houston, TXTRAVEL: 5% Position OverviewThe Vice President of Manufacturing plays a significant role on the senior leadership team and is in charge of directing and managing all manufacturing activities. They develop and...

  • Vice President of Manufacturing

    2 weeks ago

    houston, United States Forward Science Full time

    TITLE: Vice President of Manufacturing COMPANY: Forward ScienceREPORTS TO: CEO / CSORESPONSIBLE FOR: Manufacturing and ProductionLOCATION: Houston, TXTRAVEL: 5% Position OverviewThe Vice President of Manufacturing plays a significant role on the senior leadership team and is in charge of directing and managing all manufacturing activities. They develop and...

  • Vice President of Manufacturing

    2 weeks ago

    houston, United States Forward Science Full time

    TITLE: Vice President of Manufacturing COMPANY: Forward ScienceREPORTS TO: CEO / CSORESPONSIBLE FOR: Manufacturing and ProductionLOCATION: Houston, TXTRAVEL: 5% Position OverviewThe Vice President of Manufacturing plays a significant role on the senior leadership team and is in charge of directing and managing all manufacturing activities. They develop and...

  • Vice President of Manufacturing

    2 weeks ago

    Houston, United States Forward Science Full time

    TITLE: Vice President of Manufacturing COMPANY: Forward ScienceREPORTS TO: CEO / CSORESPONSIBLE FOR: Manufacturing and ProductionLOCATION: Houston, TXTRAVEL: 5% Position OverviewThe Vice President of Manufacturing plays a significant role on the senior leadership team and is in charge of directing and managing all manufacturing activities. They develop and...