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Cityview · 1 day ago

Vice President Asset Management

Los Angeles, CA

Full-time

Onsite

Senior Level, Lead/Staff

$200K/yr - $250K/yr

10+ years exp

Cityview is a vertically integrated real estate investment manager, operator and developer established in 2003. The Vice President, Asset Management will lead asset management strategy for a portfolio of multifamily assets, focusing on maximizing performance and value creation through strategic oversight and collaboration with cross-functional teams.

Financial ServicesReal EstateReal Estate Investment

Responsibilities

Lead development and execution of one-year and five-year strategic business plans for each asset, ensuring alignment with firm-wide objectives and market realities

Establish and maintain a 'house view' on key markets, submarkets, and competitive property sets to drive leasing, pricing, and positioning strategies

Monitor local and regional market conditions, anticipate trends, and proactively recommend adjustments to strategies, capital plans, or hold/sell decisions

Develop and oversee asset hold/sell analyses, refinancing strategies, and long-term capital planning to maximize investor returns

Oversee asset-level performance against budget and business plan, including revenue management, expense control, operational metrics, and investment returns

Establish and lead formal quarterly asset reviews and cash flow forecasting (including modeling projections inclusive of net returns to investors post-waterfall in Excel); ensure corrective actions are implemented when performance deviates from plan

Utilize strong financial and operational analytics to evaluate performance drivers, identify risks, and pursue value-enhancement opportunities across the portfolio

Identify and execute value-add opportunities including repositioning, renovations, amenity upgrades, unit interior programs, operational efficiencies, and sustainability initiatives

Oversee capital plans, budgets, and project-level pro formas; partner with development/construction teams to ensure effective execution and ROI alignment

Provide asset-level oversight of development pipeline and lease-up projects to ensure market-appropriate product, design, and amenity decisions

Oversee existing loan performance and covenant tests

Lead and manage all refinancings and dispositions by overseeing broker selection, marketing processes, lender/buyer selection, due diligence, documentation, and closing

Lead and manage all modifications with lenders/partners by overseeing lender/partner relationships, documentation, and closing

Lead origination of debt for development deals within the portfolio

Partner with investments/acquisitions on underwriting, due diligence, and market strategy—providing expertise on rents, operations, unit mix, amenities, and capital assumptions

Collaborate with property management and leasing leadership to establish leasing targets, resident experience standards, and operational best practices

Lead communication with external stakeholders (investors, partners, lenders, etc.) including the preparation, review, and strategic positioning of key deliverables and presentations

Lead preparation and presentation of asset performance reporting to internal leadership to provide an active pulse on the health of the investments

Support audit and valuation processes in partnership with finance, ensuring accurate documentation, reporting consistency, and timely delivery

Establish and uphold consistent asset management policies, processes, and governance structures across the platform

Mentor and develop asset management staff; establish team standards, priorities, and performance expectations

Foster a proactive, analytical, collaborative culture centered on measurable value creation and operational accountability

Drive implementation of systems, dashboards, templates, and tools to enhance transparency, decision-making quality, and performance monitoring

Qualification

Asset management leadershipFinancial modelingValuation skillsRelationship managementExcel proficiencyStrategic planningAnalytical skillsCommunication skillsLeadership skillsCollaboration skills

Required

10 years of relevant experience, ideally with 5 years of asset management leadership

Strong financial modeling, forecasting, and valuation skills

Excellent relationship management with investors, lenders, and partners

Strong verbal and written communication skills

Proven track record working in a 'contributor culture'

Expert skills in MS Office, specifically Excel, PowerPoint and relevant databases and software

Bachelor's Degree required

Must be able to regularly travel to multiple property locations daily/weekly/monthly within assigned portfolio, as well as company meetings and conferences which may include air travel

Constantly communicate, converse, and exchange information with coworkers, vendors, residents, and visitors

Constantly operates computer, 10-key, and other office productivity machinery

Constantly works in low to moderate noise levels

Frequently works in outdoor weather conditions

Frequently positions self to bend, stoop, reach, and lift

Frequently lift, move, and carry 5lbs

Frequently move/traverse, ascend/descend stairs in and around apartment homes and communities

Occasionally lift/move/carry up to 25lbs with/without assistance

Ability to remain in a stationary position for extended periods of time

Ability to observe details at close range (within a few feet of the observer)

Driving is required

Must have reliable transportation, a valid driver's license, a clean driving record, and evidence of auto insurance