Vice President of Asset Management

Description

Roers Companies is seeking an energetic, dedicated professional to join our team in Plymouth, MN as The Vice President of Asset Management!

Roers Companies is a multi-year USA Today Top Workplace and national leader in multifamily real estate, development, construction, and property management. Headquartered in Plymouth, Minnesota, we're on a mission to elevate multifamily housing by developing quality homes in high-demand neighborhoods. Since our founding in 2012, Roers Cos. has developed more than $4.5 billion in real estate, representing 16,000+ homes across the U.S. In 2026, the company is ranked nationally among the NMHC top 25 multifamily builders (No.

25) and developers (No. 19) and the AHF top affordable housing developers (No.
5). Our team thrives on purpose-filled work, an entrepreneurial spirit, and unlimited growth potential.

You're passionate about your work and strive to achieve ambitious goals. You offer an extra hand and aren't afraid to ask for help when needed. You act with integrity and empathy for the people around you. You get the big picture while executing the little details. In other words, you share our corporate values-passion, work ethic, teamwork, integrity, and ownership mindset.

The Vice President of Asset Management is responsible for maximizing the financial performance and long-term value of Roers Companies' operating real estate portfolio. Following transition from Development, this position assumes ownership of asset strategy, business plan execution, lease-up and stabilization performance, capital planning, and overall investment results.

The Vice President leads the Asset Management and Property FP&A functions and ensures they operate as complementary disciplines. Property FP&A owns the data, tools, budgeting, forecasting, reporting, and objective analysis that support decisions. Asset Management owns property strategy, implementation, follow-up, and investment results. This role requires an ownership mindset, strong real estate investment judgment, analytical rigor, and the ability to lead through cross-functional influence.

• Own financial and operational performance of the operating portfolio following handoff from Development.
• Establish and execute property business plans designed to maximize NOI, cash flow, asset value, and risk-adjusted returns.
• Monitor performance against underwriting, budgets, forecasts, lender requirements, and investor expectations.
• Lead recurring property and portfolio reviews focused on decisions, accountable actions, and measurable outcomes.
• Identify material risks and opportunities early and direct corrective action plans for underperforming assets.

• Lead, coach, and develop the Asset Management team, establishing clear ownership, decision rights, and performance expectations.
• Direct Asset Managers in developing and executing property-level strategies across lease-up, stabilization, and long-term ownership.
• Build a high-performing organization characterized by investment discipline, operational curiosity, sound judgment, and follow-through.
• Develop succession plans and create growth opportunities for high-potential team members.

• Provide strategic leadership and direction to the Property FP&A function.
• Ensure timely, accurate, and actionable budgeting, forecasting, reporting, and analytical support across the portfolio.
• Partner with the Property FP&A Manager to establish analytical standards, reporting priorities, process ownership, quality controls, and team objectives.
• Ensure investment decisions are supported by rigorous financial analysis, business intelligence, and performance measurement.
• Promote effective use of data, systems, dashboards, and scalable analytical tools to improve decision quality and efficiency.
• Maintain clear accountability between functions:
  Property FP&A owns data, tools, analysis, budgeting, forecasting, and reporting;
  Asset Management owns strategy, implementation, and results.

• Establish performance targets and strategies for lease-up, occupancy, pricing, concessions, expenses, and stabilization milestones.
• Partner with Development, Construction, and Property Management to ensure effective project transitions and operating readiness.
• Lead long-range capital planning and prioritize replacements, renovations, and value-enhancement initiatives based on risk and…