Associate Director Asset Manager

Remote: 
Full Remote
Contract: 
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Birchstone Residential logo
Birchstone Residential https://birchstoneresidential.com
201 - 500 Employees
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Job description

Description

  • Evaluate and compare budgets/business plans to current operations and performance metrics.
  • Develop and implement property strategies to optimize NOI and drive profitability.
  • Collaborate with property management team to implement revenue management programs and adjust rental rates based on market trends.
  • Conduct weekly calls with management to address property-specific issues, monitor deadlines, and ensure accountability.
  • Perform site visits, inspections, and financial statement reviews to identify variances and operational improvements.
  • Participate in acquisition due diligence, including market analysis, proforma evaluations, and coordination of recapitalizations, refinancing, restructurings, and asset dispositions.
  • Support underwriting efforts for potential new developments and investment opportunities.
  • Develop and maintain relationships with capital partners, lenders, and joint venture partners, providing regular reporting and ensuring alignment on investment strategy and performance expectations.
  • Monitor and assess portfolio-level risk exposure, including lease rollover schedules, capital expenditure forecasts, and market volatility, to inform strategic decision-making and long-term planning.
  • Conduct on-site due diligence with property management and third parties, reviewing market conditions and projections.

Requirements

  • Bachelor’s degree in real estate, accounting, finance, or a related field; relevant certifications are a plus.
  • 5-10 years of experience in real estate consulting, asset management, multifamily underwriting, or a related field.
  • Advanced Excel skills, including the ability to build complex financial models and analyses.
  • Strong organizational, analytical, and critical thinking skills with a keen attention to detail.
  • Effective written and verbal communication, with the ability to convey complex ideas clearly.
  • Proficiency in Entrata, Real Page, or similar pricing and operational software preferred.
  • Demonstrates initiative, leadership, and the ability to meet deadlines in a dynamic environment.
  • Creative thinker capable of identifying and implementing innovative solutions to multifamily operational challenges.
  • Initiative-taking, collaborative, and committed to continuous improvement.
  • Highly organized with ability to manage multiple tasks in a dynamic team environment.

Required profile

Experience

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