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Kennedy Wilson · 1 day ago

Asset Manager, Multifamily

Beverly Hills, CA

Full-time

Onsite

Senior Level

7+ years exp

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 multifamily properties while collaborating with third-party management teams to achieve investment objectives.

FinanceFinancial ServicesReal Estate

Work & Life Balance

H1B Sponsor Likely

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

The person will be expected to add significant value to the team as well as bring leadership, strategic thinking, mentoring

Qualification

Asset ManagementFinancial AnalysisProject ManagementMultifamily Real EstateMarket KnowledgeLeadershipCommunication SkillsOrganizational SkillsTeamwork

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 renovations, including clubhouse re-builds, interior renovations, amenity upgrades, washer/dryer additions, etc

Experience with full lease up and directing several property management teams with a proven record of accomplishment

Demonstrated leadership and teamwork skills

Experienced manager of internal and external teams, motivating others through influence and working with strong personalities

Ability to work collaboratively throughout the process with numerous other internal teams including design, construction, property management, and others

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

Well-versed in project proformas and understanding deals

Ability to articulate, both orally and in written form, the case for a specific project

Excellent communication skills, both orally and in writing

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

Experience managing multiple projects successfully through constantly changing priorities

Preferred

Knowledge of Texas and Arizona market is preferred

Benefits

Comprehensive Benefits Package

401K retirement plan

Company

Kennedy Wilson

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

Founded in 1977

Beverly Hills, California, USA

201-500 employees

http://kennedywilson.com

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)