Asset Manager, Multi-Family at BH Properties | Austin, TX, US | Rezi

Asset Manager, Multi-Family at BH Properties

Asset Manager, Multi-Family

BH Properties · Austin, TX, US

2 weeks ago

Asset Manager, Multi-Family

BH Properties · Austin, TX, US

19 days ago
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About the Role

Haven Housing is seeking an Asset Manager to oversee a portfolio of market-rate and affordable multifamily assets in Texas, focusing on strategic oversight and performance. The role involves analyzing financial statements, partnering with third-party management, and identifying market trends to optimize property performance.

Responsibilities

  • Analyze monthly financial statements to monitor property performance and identify opportunities for improvement.
  • Partner with third-party management groups to positively influence site team performance.
  • Participate in rent pricing strategy and make recommendations and adjustments.
  • Negotiate third-party contracts and drive additional income potential.
  • Identify market trends and direct property management partners to react as needed.
  • Monitor property performance as compared to comparable properties in the market.
  • Review marketing programs and performance and adjust as needed.
  • Conduct regular property visits.
  • Prepare periodic internal reporting and present weekly to the Company’s management team.
  • Coordinate with internal and external parties for capital project execution, including bid review, contract negotiation, and project supervision.
  • Participate in annual budget creation and review process.
  • Assist in due diligence and escrow activities for property transactions.
  • Travel required - 30%

Requirements

  • Minimum 5 years of broad-based multi-family asset management experience.
  • Market rate and affordable housing experience desired.
  • Experience with financial reporting, variance analysis, and budgeting, including capital improvement planning.
  • Understand real estate asset management principles, including portfolio optimization and value creation strategies.
  • Strong communication skills with both internal & external customers and at all levels within the organization.
  • Understand contracts, leases, and leasing objectives.
  • Ability to initiate bid requests and manage vendors and contractors.
  • Ability to present self and company in a professional manner in all customer communications and actions.
  • Solid time management skills with the ability to prioritize, organize, and successfully balance multiple tasks and requests.
  • Must be able to exhibit initiative and work independently.
  • Must have a strong work ethic and ability to work in a fast-paced environment.
  • Must be a team player and work well with Senior Management, tenants, contractors, and other daily contacts.
  • MS Office proficiency expected.
  • Experience and understanding of lead tracking programs.
  • Yardi Voyager experience a plus.

Skills

  • Financial reporting
  • Variance analysis
  • Budgeting
  • Capital improvement planning
  • Portfolio optimization
  • Value creation strategies
  • Communication skills
  • Contract negotiation
  • Vendor management
  • Contractor management
  • Time management
  • MS Office proficiency
  • Lead tracking programs
  • Yardi Voyager

Location

  • Austin, TX

Work Type

  • Travel required - 30%

Experience Level

  • Minimum 5 years

Education Level

  • College degree desired

Salary/Compensations

  • Salary expectations required

Benefits

  • Excellent compensation package
  • Exciting opportunity
  • Chance to grow with a well-capitalized, entrepreneurial company

About the Company

  • Haven Housing, a wholly owned subsidiary of BH Properties, operates as an investment vehicle for acquiring affordable and market-rate multifamily communities throughout the western half of the United States.
  • BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, and retail properties, distressed debt, and ground leases.
  • BH Properties is vertically integrated with regional offices across the Western United States and can close transactions quickly.
  • Founded 32 years ago, BH Properties operates with no outside capital partners, allowing for advantages in moving quickly and creatively.
  • BH Properties owns and operates approximately 12 million square feet across 18 states.