Director of Asset Management

We are seeking an experienced Director of Asset Management to join a high-performing asset management team overseeing a 15,000-unit national multifamily portfolio
. This is a hands‑on, operationally focused role for a true asset manager—someone who understands how properties actually run, not just how they look in a model.

The Director of Asset Management will report directly to the Vice President of Asset Management and play a critical role in driving performance, implementing value‑creation strategies, and maximizing long‑term asset value across the portfolio. This position requires close collaboration with operations, revenue management, capital, accounting, and investment teams, as well as regular interaction with third‑party operators.

Dallas-based candidates only. This requirement is non‑negotiable. Relocation assistance is available.

• Serve as a key member of the asset management team with direct responsibility for portfolio performance and value creation
• Analyze asset‑level and portfolio‑level performance and implement strategies to maximize NOI, cash flow, and long‑term value
• Maintain a strong working knowledge of multifamily operations, market performance, and competitive positioning across multiple MSAs
• Partner closely with operations, marketing, revenue management, accounting, and capital teams to develop and execute asset strategies
• Leverage weekly and monthly reporting and analytical tools to identify underperformance versus budget and market benchmarks and work cross‑functionally to correct issues
• Take a value‑oriented approach to each asset by identifying revenue‑generating opportunities and justifying capital allocation decisions
• Conduct regular site visits to assess physical condition, operational execution, and performance issues; provide actionable solutions
• In collaboration with the Capital Expenditures team, assess capital needs by property and develop both short‑ and long‑term capital plans
• Monitor market trends and identify opportunities for renovation, repositioning, expansion, or other value‑add initiatives
• Play an active role in developing and finalizing annual operating budgets, capital budgets, and reforecasts
• Support acquisition underwriting and due diligence by providing market intelligence, leasing assumptions, and operational insight
• Evaluate and implement new products, services, and ancillary income initiatives designed to increase revenue, reduce expenses, or improve operational efficiency
• Oversee monthly and annual cash flow projections in coordination with Operations and Accounting
• Develop annual capital plans, monitor execution, track progress, and ensure timely project completion
• Track litigation and risk issues at the asset level and ensure timely resolution
• Coordinate all internal and external stakeholders during acquisition transitions to ensure a seamless handoff
• Identify, execute, and monitor revenue‑generating initiatives, reporting on performance versus projections
• Mentor and develop asset management analysts
• Travel approximately 20–25% as required

• Must be based in Dallas, TX (or willing to relocate)
• Bachelor’s degree required
  , preferably in Business, Finance, Real Estate, or a related field
• 7+ years of experience in asset management and/or acquisitions with responsibility for 5,000–7,000+ multifamily units across multiple major MSAs (mixed‑use/retail exposure a plus)
• Deep understanding of multifamily operations, budgeting, financial analysis, ROI evaluation, cash management, and financial reporting
• Strong ability to interpret market trends, third‑party market studies, and competitive surveys
• Experience supporting investment underwriting and due diligence, including providing market and leasing assumptions
• Excellent communication skills with the ability to clearly articulate complex issues to internal teams, operators, and executives
• Proven relationship‑builder capable of effectively managing third‑party operators and resolving issues collaboratively
• Highly analytical, detail‑oriented, and comfortable working in a fast‑paced, dynamic environment with evolving priorities
• Self‑starter with a proactive mindset and strong ownership mentality

Apply today for immediate consideration or reach out to Kelsey Arnall to learn more!  x 110

This is an on‑site position located in Dallas, TX.