Macdonald & Company is pleased to be retained by a national multifamily developer to recruit an asset manager for their team in Houston, TX. This individual will support their growing pipeline of multifamily development deals throughout Texas.
The Opportunity:
Working with a first-class team of multifamily asset managers and developers, this candidate will gain significant exposure to a best-in-class, collaborative environment working on some of the best multifamily assets throughout Texas.
Responsibilities:
- Interface with various third-parties regarding asset strategies and performance, including joint-venture partners, financial institutions, attorneys, brokers, and other advisors/consultants
- Coordinate information procurement and distribution in connection with the acquisition, financing, and disposition of assets, including due diligence documentation
- Review and analysis of lease-up and ongoing operating performance
- Review of monthly and annual budget forecasts
- Monitor asset compliance with loan documents and reporting requirements
- Coordinate with internal Accounting Team and third-party partners to ensure timely and accurate reporting
- Monthly asset summaries, performance reporting, and strategy updates
- Quarterly portfolio valuation, including summary of recent BOV’s and sale comparatives
- Quarterly market updates, including micro and macroeconomic data, submarket performance trends, and competitive property performance
- Any other duties assigned or directed
Experience:
- 5+ years of asset management experience within multifamily
- Experience with financial modeling
- Strong analytical and problem-solving skills, attention to detail
- Proficiency in Microsoft Excel, PowerPoint and Word
- Good verbal and written communication skills
- Good organizational skills with the ability to prioritize and multi-task, and ability to work under pressure to meet deadlines
- Ability to work a schedule that may be other than 8-5 Monday through Friday, including overtime, depending on business needs.
- Proficient in Word, Excel, Outlook and accounting systems
