Asset Management Director

1 day ago


Boston, Massachusetts, United States AvalonBay Communities Full time
Job Summary

The Director of Asset Management is a key role within AvalonBay Communities, responsible for analyzing and managing the long-term performance of our multifamily assets. This position requires a strong understanding of financial calculations, valuation, and real estate operations.

Key Responsibilities
  • Support and drive asset management activities related to a portfolio of multifamily communities owned by AvalonBay and its joint venture investors.
  • Work cross-functionally with various teams to identify value creation opportunities and develop strategies to enhance asset values.
  • Analyze asset operating performance to identify NOI-enhancing opportunities and prepare performance projections.
  • Oversee the approval and execution of identified capital investment programs.
  • Evaluate feasibility of value creation opportunities and assess jurisdictional requirements.
Requirements
  • Bachelor's degree required; MBA in Finance, Real Estate, or related field is preferable.
  • 7-10+ years of experience in asset management, acquisitions, underwriting, or property management, preferably in the multifamily sector.
  • Demonstrates an investment mindset with a thorough understanding of financial calculations/metrics, valuation, and possesses strong analytical skills.
What We Offer

AvalonBay Communities is committed to providing a comprehensive benefits package, including health, dental, and vision insurance, 401(k) with company match, paid vacation and holidays, tuition reimbursement, and an employee stock purchase plan. We also offer opportunities for growth and professional development, as well as a culture built on purpose and core values.



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