Trammell Crow Residential · 2 days ago
Director, Asset Management
Dallas, TX
Full-time
Onsite
Lead/Staff, Director/Executive
3+ years expTrammell Crow Residential is seeking an experienced Director, Asset Management to oversee the strategic asset management processes for the Company’s stabilized multifamily assets in Dallas, Texas. The role involves managing third-party property management companies, monitoring property performance, and participating in asset budgeting and portfolio review processes.
ConstructionProperty DevelopmentReal Estate
Responsibilities
Manages third party property management companies to ensure optimization of rents and expenses at the property
Monitors property performance including marketing, leasing, and management activities to ensure the property is operating in line with forecasts
Reports key metrics, trends and variances to previous forecasts and implements proactive strategies to resolve operational, financial, and compliance problems
Visits properties on a frequent basis. Regularly walk vacancies and common areas to ensure properties condition, appearance and marketability; approximately 40% travel required
Participates in asset budgeting and portfolio review processes, identifies capital project for properties, and develops operating benchmarks to monitor costs
Supports the pursuit / underwriting process by developing rent and expense assumptions from analysis of internal and external competitive properties
Underwrites property strategy and participates in selling, re-financing, organizing, and operating of the company’s real estate investments
Monitors asset for legal compliance and works with risk management to address concerns
Participate in bi-annual asset management reviews and strategy meetings; preparation of summaries for each asset
Participates in design development, including preparing and administering marketing/start-up budgets
Qualification
Required
Bachelor's degree in finance, business, or related field, or equivalent experience is required
Previous real estate experience required, preferably with multifamily asset management or property management organization
Exceptional judgment and decision making skills plus demonstrable asset management technical skills
Effective interpersonal skills with the ability to develop and foster internal and external relationships with business partners
Thorough knowledge of financial concepts, with the ability to perform detailed financial analysis
Ability to create, build and implement strategic business plans for each asset
Ability to use entrepreneurial skills to identify areas of value creation
Proficient in Microsoft Excel, Outlook, Word and Yardi
Ability to communicate clearly with people of various backgrounds and experience levels both internally and externally
Preferred
3 to 5 + years of experience in property / asset management or related field preferred
Experience with leasing and management of multifamily project related retail tenants
Company
Trammell Crow Residential
Trammell Crow Residential is a real estate development company of Crow Holdings.
501-1000 employees
Funding
Current Stage
Late StageTotal Funding
$66.4MKey Investors
U.S. Bancorp
2025-08-20Debt Financing· $66.4M
Leadership Team
Ken Valach
CEO, Trammell Crow Residential, Crow Holdings Industrial & Crow Holdings Office
Recent News
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