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Multifamily Asset Manager
1 month ago
Cardone Capital is seeking a highly skilled Multifamily Asset Manager to join our team in Aventura, Florida. As a key member of our multifamily team, you will be responsible for the oversight and management of various multifamily real estate investments, with the primary goal of maximizing asset values.
Key Responsibilities- Develop and execute global portfolio and property-specific value enhancement strategies.
- Analyze operating performance and identify opportunities to maximize revenue and minimize expenses.
- Evaluate high-ROI capital investment opportunities that generate significant growth in asset values.
- Coordinate and review comprehensive annual business plans and budgets.
- Review and analyze weekly and monthly property leasing and operating reports.
- Prepare quarterly reports and financial statements.
- Assist in the review of valuation models and participate in the acquisition and disposition process.
- Manage the takeover of new assets and ensure a successful transition into the portfolio.
- Communicate with third-party property management, appraisers, brokers, insurance, and real estate tax consultants.
- Act as a point expert in each market, with a strong knowledge of competitive apartment communities and economic drivers.
- Coordinate lender compliance with third-party property managers regarding monthly reporting and debt covenants.
- Bachelor's degree in business, real estate, finance, or accounting.
- 5-7 years of multifamily asset management experience.
- Prior direct oversight responsibility for a portfolio of multifamily assets.
- Effective interpersonal, communication, and listening skills.
- Strong computer literacy, including advanced Microsoft Excel, Word, and PowerPoint skills.
- Excellent financial and analytical acumen, with a thorough understanding of financial statements and reporting.
- Experience working with loan agreements and present value concepts.
- Analytical problem-solving skills and capability to undertake detailed analyses.
- Demonstrated prioritization, organization, and time management skills.
- Highly self-motivated, with the ability to work effectively in a fast-paced environment.
Cardone Capital is an equal opportunity employer, committed to diversity and inclusion. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity, or expression.