Vice President Asset Management
5 days ago
Company
: Pantzer Properties
Job Title: Vice President – Asset Management
Location
: New York City, NY
Pantzer Properties is an institutional fund manager with a vertically integrated owner-operator platform exclusively focused on high-quality multifamily assets along the East Coast of the United States. Since the inception of the Panco Strategic Real Estate Fund series, Pantzer Properties has deployed more than $7.5 billion across its investment platform. Pantzer Properties is headquartered in New York City, with offices in White Plains, NY and Philadelphia, PA.
Position Overview:
Pantzer Properties is seeking a Vice President - Asset Management to join our New York-based Investment Team. This individual will play a key role in driving portfolio performance across the firm's growing multifamily portfolio (currently more than 11,000 units).
The Vice President will be responsible for leading day-to-day asset management initiatives while maintaining close collaboration and oversight from the Managing Directors. The ideal candidate is a highly analytical, hands-on professional capable of managing detailed operational execution while also contributing to high-level strategic decision making.
This position will serve as a critical liaison between the investment team and the in-house property management team, with a focus on operational excellence, financial performance, and long-term value creation.
Key Responsibilities:
· Lead day-to-day asset management initiatives across the multifamily portfolio
· Develop and oversee execution of strategic business plans for each property
· Formulate and implement initiatives to optimize revenue, control expenses, and maximize overall financial performance across the portfolio
· Regularly communicate and collaborate with the in-house property management team
· Lead the annual budgeting process and monitor ongoing financial performance
· Track and report key performance indicators (KPIs) across assets (weekly, monthly, quarterly)
· Prepare monthly reports comparing budgeted to actual operating performance, including detailed variance analyses and explanations
· Conduct regular property site visits and operational reviews
· Actively participate in the disposition process of assets
· Manage coordination of post-acquisition activities and integration of asset into the ownership's portfolio
· Track capital expenditures, renovation projects, and value-add initiatives across the portfolio
· Oversight of ground-floor retail which can be a component of our multifamily properties
· Oversight of tax appeals and insurance programs
Requirements:
· 5-10 years of multifamily asset management, portfolio management, or operational experience
· Experience with class A multifamily (leased ups and stabilized) and familiarity with East Coast markets is preferred
· Strong financial acumen with a track record of driving exceptional financial performance
· Proficiency in Microsoft Excel, leveraging advanced functions for comprehensive financial analysis and reporting, CoStar, RealPage, Yardi, OneSite, and Revenue Management
· Effective communication and relationship-building skills, facilitating seamless collaboration with internal teams, stakeholders, and partners
· Excellent organizational and communication skills
· Self-motivated, resourceful, and proactive
· Ability to work independently, effectively prioritize, and multitask under pressure
· Understanding of the private equity business model and real estate industry
· Bachelor's degree
- Approximate Base Salary Range $175,000/yr to $200,000/yr
- Plus, an additional discretionary annual bonus, base salary range does not include the bonus
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