Asset Management Specialist

1 month ago


Memphis, United States Silver Tree Residential, LLC Full time
Silver Tree Residential, LLC (STR) is one of the fastest growing property management companies in the industry. We are a privately-owned Memphis-based multifamily real estate company that owns and operates 100 properties in 26 states totaling nearly 13,500 units. James Carmichael formed STR in 2009 to achieve the quality standards that he strived for in each of his senior housing communities. STR exists to provide the highest quality operations in senior and family housing communities.

STR currently has over 600 employees nationwide and most are long-term employees largely due to the company's relaxed but successful culture. STR has been able to maintain an impressive employee retention average of 88%. You can view more information about STR by visiting the company's website at www.st-residential.com.

THE OPPORTUNITY:

As our equity base continues to grow at a rapid rate, we are able to acquire many new communities each year. You will have the opportunity to work in an entrepreneurial but stable company, which will afford you the opportunity to wear many hats and grow in this position. This position will provide you a wonderful challenge as you utilize your skills and abilities in this ever-growing role.

ESSENTIAL JOB DUTIES:

We are seeking an individual with an achievement mindset, strong work ethic, and good interpersonal and communication skills to be an Asset Management Specialist. The qualified candidate will work hand in hand with our current Manager of Portfolio Assets and closely with Senior Management to ensure the following responsibilities are being met:

  • Increase portfolio income by identifying and executing on opportunities to increase revenue or compress expenses. This will be achieved by leveraging scale within the existing base of assets and by seeking out new opportunities for growth and efficiency.
  • Negotiate contracts with portfolio vendors, which includes: laundry, cable, telecommunications, Pest, Trash, Elevator, Answering Service, Utilities, Repairs and Maintenance Suppliers, Accounting software, Insurance, Health Insurance, Workers Comp, Background Screening and other stand-alone as well as master agreements.
  • Introduce, train, track, and manage special claims throughout the portfolio, including unit turn costs.
  • Maintain Property Service Contract Expiration Lists.
  • Analyze utility consumption and expense data and manage National Utility Contracts. Look for opportunities to improve efficiency through capital investment.
  • Obtain, review, and transition contracts for new assets from acquisition to operations.
JOB SPECIFICATIONS:
  • Bachelor's degree
  • 2 plus years of Procurement, Purchasing, Financial Analyst, or Portfolio Analyst
  • Highly motivated self-starter with entrepreneurial mindset
  • Proficient knowledge of Excel and MS Office
  • Be organized, dependable, accurate, and have an attention to detail to ensure 100% accuracy
  • Have the ability to multi-task and meet deadlines
  • Be able to effectively communicate with Senior Management and other company employees
JOB BENEFITS:
  • Salary will be commensurate with experience and qualifications
  • Comprehensive Medical, Dental, and Vision benefits provided
  • 152 hours of PTO in first full year
  • 10 Public Holidays Pay per the Silver Tree Residential, LLC Handbook
  • Cell Phone Allowance
  • Free Gym Membership and Personal Training Classes


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