Asset Manager

Seattle, WA

Our client, a reputable real estate developer, is seeking an Asset Manager to join their dynamic team. The Asset Manager will oversee multi-family real estate assets, implementing strategies to maximize performance, efficiency, and profitability. This role involves optimizing processes, increasing occupancy, and enhancing cash flow while achieving short- and long-term investment goals.

The Asset Manager will collaborate closely with acquisitions, property management, construction, risk, tax consultants, and accounting to drive portfolio growth and ensure seamless operations.

Asset Manager Responsibilities:

• Oversee third-party property management within the portfolio.
• Guide Regional and Portfolio Managers on business plans, budgets, and forecasting.
• Maximize asset performance through financial and operational analysis.
• Develop and execute ownership goals and community business plans.
• Manage cash flow, investment projections, and capital improvements.
• Assist with pre- and post-acquisition processes, including due diligence and integration.
• Utilize analytics platforms to respond to financial and operational inquiries.
• Conduct market research and competitive surveys to inform strategy.
• Ensure compliance with lender reporting, inspections, and covenants.
• Monitor rent structures and preventative maintenance programs.
• Provide regular performance updates to the Director.
• Attend industry events to stay informed on market trends and regulations.

Asset Manager Qualifications:

• Bachelor’s degree in Business, Economics, Finance, or Real Estate.
• At least 4 years in multi-family property or asset management, including 1+ years in a supervisory role.
• Strong financial analysis, investment, and leadership skills.
• Highly organized, self-motivated, and adept at managing multiple projects.
• Excellent communication, collaboration, and problem-solving abilities.
• Proficiency in Microsoft Office; Yardi experience preferred.
• ARM/CPM designation and WA Real Estate License preferred.

Company Benefits:

• Medical, Dental, Vision, and Life Insurance
• Generous PTO and paid holidays
• 401K and potential for bonuses/profit sharing
• Excellent opportunities for advancement, continued learning, and more!

Compensation: $130K - $140K with a 10% bonus