Multifamily Asset Manager

Job Summary:

The Multifamily Asset Manager will play a crucial role in the management and optimization of PPR Capital Management's national build-to-rent and multifamily asset portfolio. This individual will report to the Senior Manager, Multifamily Investments and be responsible for asset-level surveillance, including monitoring leasing activities, assessing financial performance, and providing recommendations for executive leadership.

Key Responsibilities:

Asset Surveillance: Monitor and analyze property performance, including occupancy, rental growth, capital expenditure business plans, expenses and social media/website.
Conduct in-person site visits as required per internal policies and procedures to ensure effective oversight.

Property Operations: Collaborate with property management teams as often as necessary to ensure effective operations, adherence to budgets, and proper reporting.

Financial Performance: Monitor and analyze property financial performance, including revenue, expenses, and cash flow. Assist in property forecasting and conduct variance analyses.

Risk Management: Working with the Portfolio Management team, identify major potential risk factors over planned holding period and maintain risk avoidance/mitigation/acceptance matrix for all properties.

Relationship Management: Maintain and develop relationships with property sponsors, property management, debt providers, brokerages, and CRE consulting firms. 

Property Reporting: Complete comprehensive financial and operational reports for each property. Work with the IT team to ensure proper data validation and storage. Provide more qualitative reporting to internal and external stakeholders as required.

Qualifications:

Bachelor's degree in real estate, finance, business administration, or a related field.

At least three years of experience in multifamily asset management with exposure to private equity fund and deal structure.

Strong understanding of property management principles and practices.

Excellent financial analysis and reporting skills.

Strong communication and interpersonal skills, with ability to build relationships with diverse stakeholders.

Ability to work effectively in a fast-paced and dynamic environment.

To give equal employment and advancement opportunities to all applicants and employees with respect to any terms, privileges, or conditions of employment, we make employment decisions at PPR based on a number of factors including but not limited to performance, behaviors, qualifications, abilities, etc. As such, we do not discriminate in employment opportunities or practices on the basis of race, color, religion and religious creed (including religious beliefs, practices, observances, dress, and grooming), sex, gender, gender identity, transgender status, gender expression, sexual orientation, marital and partnership status, national origin (including language use restrictions), ancestry, mental and physical disability (including HIV and AIDS), medical condition (including cancer, genetic characteristics, and medical conditions related to pregnancy, childbirth, and breastfeeding), age (40 and over), denial of medical and family care leave or pregnancy disability leave, pregnancy, childbirth, breastfeeding, genetic information, military status, veteran status, special disabled veteran status, unemployment status, retaliation for protesting illegal discrimination related to any of the categories noted herein, and/or any other characteristic or category protected by applicable local, state, or federal laws.