Real Estate Asset Manager

Key Responsibilities
Operational Leadership & Practical Problem-Solving
Serve as the central point of operational accountability across the portfolio, ensuring assets run efficiently, safely, and in alignment with ownership’s strategic goals.
Conduct regular on-site walkthroughs and building inspections to evaluate physical plant conditions, review day-to-day operations, inspect unit turns, and assess capital improvements firsthand.
Ask the right operational questions: investigate expense anomalies, identify leasing delays, pinpoint maintenance backlogs, and implement sensible corrective plans.
Partner collaboratively with on-site property management, facilities teams, and third-party contractors to drive operational discipline without micromanagement.
Financial Oversight & Variance Analysis
Monitor and analyze monthly and quarterly property financials, including revenue collections, operating expenses, net operating income (NOI), and cash flow.
Review actual performance against operational budgets and forecasts, proactively investigating underlying drivers behind variances.
Collaborate closely with accounting and finance teams to support annual property budgeting, reforecasting, and lender/bank compliance reporting.
Evaluate the financial viability, scope necessity, and operational ROI of proposed capital expenditures and tenant improvements.
Leasing, Market Strategy & Capital Projects
Track leasing velocity, renewal rates, concession trends, and market comps across residential and commercial units to maximize occupancy and revenue.
Stay well-informed of NYC housing regulations, market shifts, and neighborhood developments to anticipate operational impacts early.
Coordinate with internal development and construction teams on capital projects and repositionings to ensure timelines, budgets, and operational handoffs run smoothly.
Candidate Profile & Core Attributes
Common Sense & Grounded Judgment: You focus on what actually moves the needle. You evaluate facts logically, cut through clutter, and make sound, defensible decisions without needing an exhaustive playbook for every scenario.
Natural Curiosity: You are intellectually curious and probe deeply. When reviewing a variance report or inspecting a mechanical system, you ask insightful, clarifying questions until you fully understand the issue.
Integrity & Character: You bring humility, emotional intelligence, and dependability. You communicate with transparency, follow through on commitments, and work just as effectively with building supers and porters as you do with executive ownership.
Proactive Ownership: You treat the portfolio as if it were your own investment. You address small issues before they become expensive problems and take personal pride in the operational health of your assets.
Qualifications
Experience: 3–5+ years of relevant experience in real estate asset management, portfolio management, or large-scale property operations, preferably with multifamily or mixed-use assets in New York City.
Financial Literacy: Clear comprehension of property-level P&Ls, operating budgets, cash flows, and key performance indicators (NOI, debt service, occupancy, delinquency).
Technical Aptitude: Strong proficiency in Microsoft Excel for financial tracking and variance reporting. Familiarity with property management accounting platforms (Rent Manager, Yardi, RealPage, or similar).
Communication: Direct, articulate, and professional communication skills, with the presence and poise to present findings and recommendations directly to senior leadership.
Education: Bachelor’s degree in Real Estate, Finance, Business, Economics, or a related field; or equivalent practical industry track record demonstrating exceptional performance and leadership.