Development Asset Manager - Hotel and Multifamily jobs in United States
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Kairoi Residential · 1 month ago

Development Asset Manager - Hotel and Multifamily

Kairoi Residential is involved in redefining Austin’s skyline with a landmark project. The Development Asset Manager will oversee both hotel and multifamily asset management, ensuring operational and financial success while working closely with a premier hotel brand and an elite development team.

Property ManagementReal EstateResidential
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Growth Opportunities

Responsibilities

Review and analyze monthly and quarterly operator financials, STR reports, and performance metrics
Benchmark results against budget, pro formas, and industry KPIs (RevPAR, ADR, Occupancy, GOP, NOI)
Serve as primary liaison between ownership and the hotel operator/brand
Participate in annual budgeting, forecasting, and strategic reviews
Oversee revenue management, pricing, and segmentation strategy
Evaluate marketing and sales initiatives for ROI and brand alignment
Monitor service quality, guest satisfaction, and operational efficiency
Drive integration between hotel operations and mixed-use amenities (parking, F&B, resident access, etc.)
Prepare ownership reports and dashboards summarizing financials, risks, and opportunities
Guide the residential side of Waterline to operational and financial success
Oversee asset preservation: acceptance, warranty walks, and ongoing inspections
Maintain real-time market intelligence through competitive property visits and pipeline tracking
Support lease-up performance — analyze traffic, pricing, leasing velocity, and marketing effectiveness
Provide budget oversight and identify revenue opportunities (ancillary income, amenity monetization, cross-selling with hotel/retail)
Coordinate with operations teams to resolve leasing or performance challenges
Prepare assets for disposition by managing capital needs and due diligence
Produce regular reporting, strategic plans, and market analysis

Qualification

Financial analysisHospitality asset managementMicrosoft ExcelProperty management systemsRelationship managementProactiveIntellectual curiosityCommunication skillsDetail-oriented

Required

Bachelor's degree in Real Estate, Finance, Economics, Business, Accounting, or related field (experience may offset education)
5+ years of relevant experience, including at least 2 years managing hospitality or hotel assets
Strong financial and analytical acumen with proficiency in Microsoft Excel and property management systems (Yardi, RealPage, or Entrata)
Detail-oriented, proactive, and able to manage competing priorities in a fast-paced environment
Excellent communication and relationship management skills — able to engage confidently with operators, ownership, and brand partners
Intellectual curiosity and a passion for creating long-term value in mixed-use assets

Company

Kairoi Residential

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Kairoi Residential is a premier, vertically integrated, multifamily investment, development, and property management company.

Funding

Current Stage
Late Stage

Leadership Team

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Michael Lynd, Jr.
CEO
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Company data provided by crunchbase