ASSET MANAGER, MULTIFAMILY jobs in United States
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Kennedy Wilson · 1 month ago

ASSET MANAGER, MULTIFAMILY

Kennedy Wilson is a global real estate investment company headquartered in Beverly Hills, CA. The Multifamily Asset Manager oversees all aspects of assigned multifamily investments, focusing on managing renovations and operations for class A and B properties while collaborating with third-party management teams to achieve investment objectives.

FinanceFinancial ServicesReal Estate
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Work & Life Balance
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H1B Sponsor Likelynote

Responsibilities

Complete monthly review of financials and narratives. Review weekly project data including recaps, traffic reports, and delinquencies. Use the information to focus performance and apply strategies to meet goals and objectives
Work closely with property managers to establish and enforce benchmarks, guidelines, and policies to clearly reinforce the business plan
Conduct site visits regularly including review of; curb appeal, renovation projects, asset preservation items, marketing collateral, expense approvals, budget variances, and maintaining localized market knowledge
Direct management with valid and reliable information for phases of planning including budgets, staffing, capital improvements, and other programs
Maintenance of a collegial working relationship with all third-party providers to enhance future projects while representing Kennedy Wilson/Partner interests
Effectively and knowledgeably present information and respond to questions from groups of executives, investors, lenders, and partners
Management of all aspects of renovation projects, including the ability to Identify the appropriate scope of work for common areas, apartment interiors and other spaces within the community to be consistent with the targeted re-positioning of the property within the market/submarket
Select and engage design teams, architects, and consultants in pursuit of the best renovation project management
Prepare and track renovation budgets to ensure compliance with over budget and re-allocation requests. Prepare and track lease-up goals and reporting to ensure compliance with initial business strategy
Prepare financial analysis and 10-year capital budgets accurately to reflect overall cash needs of the asset
Lead vendors, contractors, and construction management teams to meet deadlines for both recently acquired and redevelopment communities
Troubleshoot execution challenges, including leasing issues, rent performance, excess turn times, etc
Prepare items for due diligence and acquisitions including transition plans, market valuations, and overall re-positioning plans

Qualification

Multifamily asset managementRenovation project managementFinancial analysisMarket knowledgeLeadership skillsCommunication skillsAnalytical skillsTeamwork skillsOrganization skills

Required

Bachelor's degree
A minimum of 7 years' experience of in-depth asset management or property management experience in multifamily real estate
Experience managing various multifamily assets through renovation (clubhouse re-builds, interior renovations, amenity upgrades, washer/dryer additions, etc.) and full lease up
Demonstrated leadership and teamwork skills
Experienced manager of internal and external teams, motivating others through influence and working with strong personalities
Independent, resourceful team player who can work autonomously and knows when to ask for support when needed
Project Management Skills: Has shepherded multiple renovation projects through the entire process, from concept to turnover to Property Management
Financial Acumen/Analytical Skills: An investment mindset with a thorough understanding of financial calculations/metrics and analytical skills
Must be well-versed in project proformas and understanding deals, and articulate, both orally and in written form, the case for a specific project
Excellent communication skills, both orally and in writing
The ability to communicate equally with on-site associates and senior executives
Excellent organizational and time management skills
Able to work with time-sensitive, detail-oriented material and meet multiple deadlines across various markets
Has experience managing multiple projects successfully through constantly changing priorities

Preferred

Knowledge of Texas and Arizona market is preferred

Benefits

Competitive base salary & Discretionary Bonus.
Comprehensive Benefits Package.
401K retirement plan.

Company

Kennedy Wilson

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Kennedy Wilson is a vertically integrated global real estate investment and services company.

H1B Sponsorship

Kennedy Wilson has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (1)
2021 (1)

Funding

Current Stage
Public Company
Total Funding
$1B
Key Investors
Allied Irish BanksFairfax Financial HoldingsEldridge Industries
2024-11-12Post Ipo Debt· $175M
2024-09-13Post Ipo Debt· $50M
2022-08-17Post Ipo Debt· $78.37M

Leadership Team

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William McMorrow
Founder, Chairman & CEO
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Matt Stofka
Director - Records & Information Management
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Company data provided by crunchbase