Investment Property Manager
2 weeks ago
Job Title: Asset Manager
Company: Campus Apartments
Company Overview:
Campus Apartments is a leading real estate firm based in Philadelphia, dedicated to the acquisition, development, and management of university-related properties. With a significant portfolio exceeding 25,000 beds across multiple states, valued at over $2.0 billion, we are recognized as one of the foremost operators in the student housing sector.
Position Summary:
We are seeking an Asset Manager to become an integral part of our team. This role entails managing all asset management functions, from assessing potential acquisitions to continuous portfolio oversight, reporting directly to the Vice President of Asset Management.
Key Responsibilities:
- Conduct market research and data analysis to identify and implement strategic asset-level initiatives.
- Develop and execute property-level revenue enhancement strategies, focusing on rent optimization and cost management.
- Engage in the budget review and approval process, projecting property NOI and cash flow.
- Compile and present quarterly performance reports at both property and fund levels.
- Support due diligence and closing activities.
Required Qualifications:
- Solid foundation in financial analysis principles (e.g., DCF, IRR).
- Proficient in advanced Excel modeling, with strong skills in Word and PowerPoint.
- Exceptional verbal and written communication skills.
- Demonstrated strong work ethic, meticulous attention to detail, and ability to meet deadlines.
- A degree in Accounting, Finance, or Real Estate is preferred.
Location: Philadelphia, PA
Category: Asset Management
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