Hybrid Real Estate Asset Manager—Portfolio

Overview

At RPM, we’re in the business of extraordinary. We believe people-first is the way to success, which is why we provide top industry pay, comprehensive benefits, and a path of upward mobility via career training and education. Join us and start your extraordinary journey today.

Overview

At RPM, we’re in the business of extraordinary. We believe people-first is the way to success, which is why we provide top industry pay, comprehensive benefits, and a path of upward mobility via career training and education. Join us and start your extraordinary journey today.

Position Summary

The Asset Manager provides strategic oversight and financial stewardship for a portfolio of real estate assets, ensuring optimal performance and alignment with each property's business plan. This role is responsible for analyzing financial and market data, identifying performance drivers, and formulating revenue and operational strategies to maximize asset value. The Asset Manager collaborates closely with operations teams, senior leadership, and external partners, offering insights and recommendations on property performance, marketing, capital projects, and investment opportunities.

Responsibilities

• Provide strategic oversight of a portfolio of assets, to include:
• Financial reporting and analysis to monitor property performance
• Identification of property-level and market trends and formulation of strategies to maximize the value of each asset in accordance with its business plan
• Develop and maintain effective revenue strategies to strengthen the revenue performance of assets across diverse markets
• Diagnose and respond to inquiries from senior leadership and external partners regarding property performance, market challenges, occupancy issues, and other drivers of asset financial performance
• Partner with, assess, influence, and performance manage operational teams within the assigned portfolio
• Conduct periodic site visits to assess performance, evaluate market conditions, and establish strategic initiatives
• Review marketing programs and pricing for portfolio assets
• Compile monthly and quarterly reports for equity partners
• Perform cash flow analysis and generate distribution recommendations
• Monitor the status of renovation and capital improvement projects and perform return-on-investment calculations
• Assist in preparing the construction budget and management of construction draws from debt and equity sources
• Ensure compliance with loan agreements and manage all aspects of loan administration, including reporting and covenant monitoring
• Assist with acquisitions, recapitalizations, and dispositions within the portfolio by providing analytical and operational support
• May oversee an Asset Management Analyst with responsibility for training and mentoring of the analyst to ensure they have the necessary skills and knowledge to succeed.

• Bachelor’s degree in Finance, Business, or related field. Experience may substitute for education.
• Five years’ experience including two years of prior multifamily asset management experience.
• Knowledge of real estate asset management principles, including value creation strategies and portfolio optimization
• Knowledge of financial reporting, budgeting, forecasting and variance analysis.
• Knowledge of real estate finance concepts such as cash flow modeling, ROI,IRR and cap rates.
• Knowledge of capital improvement planning, renovation processes and construction budgeting.
• Skilled in financial modeling and tools such as Excel and property management software (Yardi, Real Page)
• Skilled in written and verbal communication wit the ability to present financial performance and recommendations to executive leadership and partners.
• Ability to manage multiple assets, deadlines and stakeholder…