Vice President of Asset Management

3 days ago


Birmingham AL USA, United States Capstone Development Partners Full time
Job Title: Vice President of Asset Management

Capstone Development Partners is a national student housing developer that operates under the mantra of doing the right thing. We take a collaborative approach with our clients, employees, and stakeholders, and believe that our people are our most valuable asset. We're looking for a Vice President of Asset Management to lead our Asset Management efforts and team, which supports critical aspects of our business.

Key Responsibilities:
  • Lead the Asset Management Division and staff/team responsible for maximizing portfolio performance and long-term asset value.
  • Monitor property operations, including regular communication with stakeholders, site inspections, and establishing monthly reporting requirements.
  • Oversee asset administration, including collaboration with the CFO and accounting team, working with Risk Management teams, and negotiating leases.
  • Develop and review Asset Management Division revenue and expense projections.
  • Collaborate with Capstone's development, construction, and property management teams to generate business plans and budgets.
Requirements:
  • College degree.
  • 10+ years of relevant experience in project financial management, asset management, or facility operations.
  • Experience overseeing facility maintenance and capital planning activities for multifamily and/or student housing properties.
  • Strong management, collaboration, and team development skills.
  • Ability to take initiative and use sound judgment on decision making.
  • Proficient in Microsoft Office Suite and Computer Maintenance Management Systems such as Yardi and Entrata.
What We Offer:

A competitive salary range of $130k - $160k, contingent on experience and education, and an annual discretionary performance bonus based on company profitability and individual performance.



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