Regional Asset Manager

5 days ago


Louisville, Kentucky, United States LDG Development Full time
Job Title: Regional Asset Manager

LDG Development is seeking a highly skilled Regional Asset Manager to join our team. As a key member of our organization, you will be responsible for overseeing a designated portfolio of communities to achieve primary objectives.

Key Responsibilities:
  • Evaluate property performance to develop and implement a strategic business plan.
  • Monitor and evaluate financial operating results to enhance cash flow and profitability.
  • Oversee cash management for properties, including reviewing monthly cash forecasts and preparing funding requests.
  • Perform a detailed review of the property's annual operating budget and approve the final budget.
  • Work collaboratively with property management to identify challenges and execute timely and effective solutions.
  • Conduct regular site visits to review curb appeal, CapEx projects, common area and vacant unit inspections, and personnel issues.
  • Assess project and partnership risk factors related to compliance with Section 42 (LIHTC) provisions and partnership agreements.
  • Monitor construction progress and building delivery turnover schedule, providing lease-up goals to the property management company.
Requirements:
  • 3-5 years of relevant experience in multi-family asset management or 5 years of relevant experience at the regional property management level.
  • Bachelor's Degree with a concentration in Real Estate, Finance, or Business preferred.
  • Strong analytical and quantitative skills with an emphasis in financial analysis.
  • Understanding of real estate accounting principles and financial reporting procedures.
  • Proficiency with Microsoft Office suite, with a strong understanding of Excel.
  • Able to work proactively, independently, and as a strategic partner in a team environment.
  • Strong ability to communicate effectively, both in oral and written form.

LDG Development offers a dynamic and supportive work environment, with opportunities for professional growth and development. If you are a motivated and results-driven individual with a passion for real estate, we encourage you to apply for this exciting opportunity.



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