AG Living ยท 1 day ago
Assistant Vice President of Asset Management
AG Living is a company focused on multifamily real estate portfolio management, and they are seeking an Assistant Vice President of Asset Management to support strategic oversight and performance. The role involves managing asset performance, conducting financial analysis, and collaborating with cross-functional teams to align with investment goals.
Property ManagementReal EstateResidential
Responsibilities
Assist in managing the performance of assigned assets through monitoring KPIs, rent collections, leasing trends, and capital improvement plans
Partner with Property Management and Construction teams to ensure property-level execution aligns with strategic objectives
Participate in the execution of capital plans, including tracking timelines, costs, and vendor coordination
Monitor and report on operational and financial performance, identifying opportunities for improvement
Conduct detailed financial modeling for acquisitions, refinances, capital planning, and hold/sell analyses
Assist with quarterly and annual investor reports, variance analyses, and business plan updates
Track key performance metrics, such as NOI growth, economic occupancy, and DSCR compliance
Support the development and tracking of renovation scopes, schedules, and ROI performance
Visit properties regularly to assess physical condition, progress of projects, and team execution
Ensure utility optimization initiatives and cost-saving programs are implemented as planned
Assist with the coordination of lender and JV reporting obligations
Review insurance policies and lender requirements to ensure compliance and minimize risk
Prepare presentation materials and performance summaries for internal stakeholders and equity partners
Assist with investor inquiries and provide documentation as needed
Work closely with Accounting, Legal, Operations, and Marketing teams to align asset strategy with company goals
Support lease strategy decisions and revenue optimization initiatives through data-driven insights
Mentor junior analysts or associates within the asset management team
Act as a project lead on select initiatives as assigned by the VP or EVP
Qualification
Required
7-10+ years of experience in multifamily operations or asset management
Hands-on experience in financial modeling
Experience in property performance optimization
Experience in asset strategy execution
Strong leadership potential
Analytical acumen
Company
AG Living
AG Living is a real estate company that provides property management services.
Funding
Current Stage
Growth StageRecent News
2024-03-05
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