Director, Asset Management

3 weeks ago

Tulsa, United States Bullpen LLC Full time

Bullpen, on behalf of our client, an affordable housing developer and investment company located in Seattle, WA, is looking for a Director of Asset Management who will support the firm's existing and future portfolio of assets while managing the existing team of Asset Managers. This role best suits an individual who can work within and lead a small team, wear many hats, and has ambitions of growing within the organization. Strong preference to candidates located within Seattle, Washington. Job Description Develop and oversee the Asset Management strategy/plan that enables the team to scale alongside and in partnership with other teams in the organization and external partners. Lead, empower, develop, and support the asset management team; provide direction and manage desired outcomes. Set expectations and create an environment for the team to do its best work. Collaborate with peers, particularly on the acquisitions and development teams, early and often throughout the development lifecycle to ensure optimal outcomes at property stabilization and beyond. Identify and pursue process improvements that will enable the team and Redwood to be successful. Refine and implement team goals and priorities to maximize the long-term health of the portfolio and drive superior financial performance. Manage relationships with third-party management agent leadership to meet goals, build annual budgets, and oversee capital assessments and improvements. Oversee portfolio and individual property performance, review financial statements, prepare quarterly forecasts and generate reports for senior leadership. Build and maintain strong working relationships with key external stakeholders; participate in community outreach. Oversee property and portfolio compliance requirements and ensure 100% compliance and that deadlines are consistently met. Partner with the legal and risk management team to establish best practices and the accounting/finance team to ensure accurate financial management and forecasts. Regularly visit properties to evaluate performance. Requirements Minimum 8 years of experience in multifamily asset management Prior leadership experience Bachelor's and advanced degree with a concentration in Real Estate, Finance, Business, or related field Hybrid work in the Seattle, WA office Benefits Full benefits Paid time off 401k Allotment for education

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