Senior Asset Manager (University Housing)

New York Permanent
  • Experience managing a portfolio with University Housing and/or multifamily
  • Strong knowledge of present value, NPV, IRR and DCF concept

About Our Client

My client is a global real estate development, investment, capital and property management company. They currently have over $50B office, retail, logistics, industrial, and residential properties. They are looking for a strong Senior Asset Manager (University Housing) to join their New York team. Local experience preferred.

Job Description

The Senior Asset Manager (University Housing) will:

  • Actively manage your own portfolio of assets while building a reputation of credibility and thought leadership within the team.
  • Manage relationships with fee managers, leasing brokers and other vendors.
  • Negotiate contracts, including property management agreements and retail leases.
  • Monitor and analyze asset and portfolio level P&L statements
  • Build operating and capital budgets as well as business plans around what's optimally achievable for your assets.
  • Work constructively with other internal silos including Portfolio Management, Facilities Management, Group Development Management and Legal to accomplish your portfolio goals.
  • Help identify and hone KPI's and develop methodologies for tracking them.
  • Support Transactions in the underwriting, acquisition and disposition of assets and portfolios; flagging markets/specific assets as opportunities to acquire more or as recommended sells.
  • Call out under performing assets/unfavorable trends and bring solutions to the table in a way that strengthens the team's best practices.
  • Generate regular reporting for your portfolio and comment intelligently and briefly on that reporting.
  • 25% travel estimated

The Successful Applicant

The ideal Senior Asset Manager (University Housing) will:

  • Bachelor's degree in economics, real estate, accounting, architecture or related field, MBA or CFA desired
  • A minimum of 10 years of relevant experience
  • Significant experience with either conventional multi-family or purpose-built university living asset management, additionally retail asset management or leasing experience preferred
  • Strategic thinker with solid quantitative, financial, and analytical skills
  • Strong knowledge of present value, NPV, IRR and DCF concepts and calculations as well as strong financial modeling ability
  • Strong competency with Microsoft Office (particularly Excel), Argus and Tableau ability also plusses
  • Ownership mentality, should also be flexible and inquisitive
  • Creative thinker who owns and advocates for their ideas while listening to and learning from others to achieve optimal outcomes
  • Able to prioritize between overlapping issues, tasks and deadlines
  • You take an interest in mentoring less experienced members of the team and investing in their development, as well as the team's
  • Thrives in a multicultural environment, including regular night calls with headquarters in Singapore
  • Ability to write and present at high levels in a business context

What's on Offer

Base + Bonus + Benefits

Miranda Mars
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Job summary

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Miranda Mars
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