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Enclave · 22 hours ago

Director of Asset Management

Fargo, ND

Full-time

Onsite

Director/Executive

7+ years exp

Enclave is a unified real estate investment firm specializing in multifamily, industrial, and commercial developments. The Director of Asset Management is responsible for optimizing the long-term performance of Enclave’s real estate investments, driving asset strategy, and managing external partnerships to meet financial and operational goals.

ConstructionProperty DevelopmentProperty ManagementReal Estate

Growth Opportunities

Responsibilities

Develop and communicate a clear roadmap for portfolio growth, value creation, and risk mitigation, ensuring alignment with ownership and organizational objectives

Implement systems to categorize stage and status of assets, using data-driven analysis to proactively identify opportunities and challenges

Identify opportunities and manage disposition transactions from broker selection through closing, ensuring optimal timing and value realization

Oversee the development and execution of success strategies for focused assets, collaborating with cross-functional teams to drive performance and protect value

Define success metrics for financial, operational, and investment outcomes, and drive consistent, high impact reporting to executive leadership

Build and maintain high-value connections with commercial brokers, third-party property managers, and other external stakeholders to advance leasing, sales, and land disposition objectives

Oversee the development and execution of leasing and sales plans, ensuring optimal tenant mix, absorption rates, and alignment with market trends

Facilitate seamless collaboration between brokers, property managers, and internal development and operations teams to support asset transitions and maximize portfolio outcomes

Drive clear expectations and accountability measures for external partners, regularly assessing results and adjusting as needed

Develop and execute strategies for refinancing, loan extensions, and capital deployment to optimize financial flexibility and support portfolio growth

Direct the property tax management cycle, including valuation reviews and appeals, to minimize tax liabilities and enhance asset performance

Provide strategic recommendations to inform investment decisions and drive portfolio success

Collaborate closely with Accounting, Development, Investor Relations, Legal, Property Management and other departments to achieve shared business objectives

Provide high-level oversight for budgeting, capital planning, investor communications, and other cross-functional projects

Encourage innovation, knowledge sharing, and process enhancements across the organization to drive operational excellence and portfolio growth

Lead, mentor, and develop the Asset Management and Commercial Management team, fostering a culture of accountability, collaboration, and continuous improvement to achieve portfolio and organizational objectives

Perform other duties as assigned

All employees are responsible for the general upkeep of work and shared spaces

Punctual and regular attendance is required of all employees

Qualification

Asset managementFinancial modelingReal estate transactionsAnalytical skillsLeadership experienceNegotiation skillsStakeholder engagementTeam developmentStrategic visionProblem-solving

Required

Bachelor's degree in business, finance, real estate, or a related field required

7-10+ years of progressive leadership experience in real estate or asset management

Experience managing and executing real estate transactions across a variety of asset types required

Preferred

Deep expertise in asset enhancement strategies and financial performance optimization for multifamily and commercial portfolios

Strategic vision and business acumen, with the ability to anticipate market shifts and align asset management initiatives with organizational goals

Skilled in negotiation, conflict resolution, and influencing outcomes in complex transactions and team dynamics

Advanced analytical, problem-solving, and decision-making skills, leveraging data to drive portfolio growth and mitigate risk

Proficiency in asset management and financial modeling software, with a high level of fluency in technology

Proven ability to lead, mentor, and develop high-performing teams, fostering accountability, engagement, and professional growth in a fast-paced environment

Strong relationship-building and stakeholder engagement skills, fostering collaboration with internal teams, external partners, and executive leadership

Commitment to continuous improvement, ethical judgment, and delivering measurable results through disciplined project and priority management