Multifamily Real Estate Investment Manager

2 weeks ago


Miami, United States MFM Search LLC Full time

Company Overview:

MFM Search LLC specializes in the acquisition and management of real estate assets, emphasizing both immediate revenue generation and sustainable value enhancement. We are currently seeking an experienced Asset Manager to oversee a diverse portfolio of multifamily properties.

Key Responsibilities:

  • Formulate operational strategies at both property and portfolio levels, assessing performance metrics, capital initiatives, and other investment elements that significantly affect asset valuations.
  • Coordinate, analyze, and implement detailed annual business plans and financial budgets.
  • Generate quarterly financial reports and performance statements.
  • Participate in the evaluation of valuation models, engage in the acquisition and disposition processes, and assist with due diligence for selected investments as required.
  • Oversee the integration of new assets into the portfolio, ensuring a seamless transition.
  • Maintain communication with external property management firms, appraisers, brokers, insurance agents, and real estate tax advisors.
  • Develop expertise in each market where fund assets are located, focusing on competing institutional apartment complexes, the development pipeline, and other economic factors influencing portfolio performance.
  • Facilitate lender compliance with external property management regarding debt obligations, providing necessary financial documentation and monitoring escrow account releases.
  • Conduct regular site visits to all properties within the portfolio to align efforts with third-party property management.

Qualifications:

  • Bachelor's degree in Business, Real Estate, Finance, or Accounting.
  • Advanced degrees are advantageous.
  • A minimum of 10 years of experience in multifamily and/or commercial real estate is essential.
  • Prior experience in Asset Management is preferred.


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