Vice President of Asset Management
24 hours ago
The Vice President of Asset Management is a key leadership role responsible for overseeing the efficient and profitable operation of a diverse multifamily property portfolio. This position serves as a critical link between executive leadership and regional management teams, ensuring optimal performance across all assets.
Key Responsibilities- Financial Oversight: Review and approve expenses up to $15,000, oversee revenue management and rent pricing strategies, monitor delinquency levels, and work with legal counsel on complex cases.
- Team Leadership: Directly manage Regional Managers across multiple markets, provide mentorship, problem-solving support, and performance management, and serve as interim coverage during Regional Manager absences.
- Operational Excellence: Ensure timely execution of lease renewals, rent collections, maintenance, and move-in processes, lead weekly pricing strategy meetings with regional teams and third-party partners, and oversee ancillary revenue streams and leasing concessions.
- Asset Performance: Conduct quarterly site inspections of properties, develop and implement action plans for property improvements, oversee preventative maintenance programs, and collaborate with maintenance teams on small to medium-sized renovation projects.
- Strategic Initiatives: Assist in developing and implementing new operational procedures, participate in due diligence for potential acquisitions, support the rollout of training initiatives and policy updates, and represent the company in interactions with local government entities.
- Extensive experience in multifamily property management or asset management.
- Strong financial acumen and budgeting skills.
- Excellent leadership and communication abilities.
- Proficiency with property management software and data analysis tools.
- Willingness to travel regularly for site visits and team meetings.
- 401(k) matching.
- Dental insurance.
- Health insurance.
- Paid time off.
- Vision insurance.
- Quarterly bonus.
Hybrid remote in Dallas, TX 75211.
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