Director, Residential Asset Management

About CBRE Investment Management

CBRE Investment Management is a leading global real assets investment management firm with $155.2billionin assets under management
* as of March
31,2026,operating in 20 countries around the world. Through its investor-operator culture, the firmseeksto deliver sustainable investment solutions across real assets categories, geographies, riskprofilesand execution formats so that its clients,peopleand communities thrive.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world's largest commercial real estate services and investmentfirmand a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE's data and market insights, investmentsourcingand other resources for the benefit of its clients.

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CBRE Investment Management is seeking a Director to join our residential asset management team. The position could be based in New York City, Boston or Dallas. As an Asset Management Director, you will act as the Regional Asset Manager and work with a team of analysts and associates.

The Portfolio will consist of approximately 12-14 properties. The properties will span the risk spectrum - including Core, Core-Plus and Value-Add - and may include multifamily, student housing, build-to-rent (BTR) and scattered-site single-family rental (SFR) assets. This position reports to the Head of Asset Management for the Residential sector.

The Director will develop the overall investment strategy for the Portfolio. This role is integral to the continued growth of CBRE IM's residential platform by maximizing asset value through optimizing occupancy, growing revenue, reducing expenses, managing capital and driving other value-add initiatives.

• Oversee and monitor performance of an assigned portfolio. Develop strategy for the properties and work with the third-party managers or JV partners to ensure timely execution of the plan.
• Partner with the transaction team on underwriting and due diligence for new acquisitions.
  
  Manage the takeover of new acquisitions.
• Prepare Budgets, Business Plans and Reporting:Directly responsible for the portfolio’s leasing, NOI, AR and other performance. Create annual budgets and business plans for the properties in accordance with different portfolio strategies (three CBRE IM funds and various separate accounts). In conjunction with property management, accounting and analysts, responsible for financial reporting, reforecasts, and variance analysis on ad hoc, monthly, quarterly and annual basis.
• Leasing:Lead operations and leasing strategy calls with on-site team.
  
  Work with applicable pricing managers to develop new lease and renewal pricing for properties.
  
  Work with management companies to ensure plan for marketing and leasing strategies are successful.
• Third Party Oversight:Oversee third party property management, project management and tax consultants, including the review of operating expenses and completing capital expenditure plans.
• Capital Improvements:Create and lead value-add capital improvement plans across a diverse portfolio of residential assets, and conduct periodic site visits to review physical condition and compliance standards.
• Valuation, Disposition and Financing
  
  Collaboration:
  
  
  • Valuations:Collaborate with Portfolio Management on valuations using income, sales comparison, and replacement cost approaches. Assist in the review of quarterly appraisals and provide feedback to portfolio management.
  • Dispositions:Analyzing BOVs, running hold-sell analysis, and gathering due-diligence information. Assist with the Investment…