Veritas Partners ยท 2 days ago
Multifamily Asset Manager
Bethesda, MD
Full-time
Onsite
Mid Level
$115K/yr - $130K/yr
3+ years expVeritas Partners is seeking a Multifamily Asset Manager to evaluate diligence materials and manage compliance obligations for structured investments. The role involves analyzing investment performance, coordinating with various management teams, and maintaining relationships with venture partners and investors.
Human ResourcesRecruitingStaffing Agency
Hiring Manager
Joe Tamberrino
Responsibilities
Evaluate diligence materials including regulatory approvals, legal documents (including easements, contracts and site plans), 3rd party reports (Phase 1 & Phase 2 environmental and Geotech reports) on preferred equity and other structured investments
Review organization and investment docs to aggregate compliance obligations and establish systems to manage those requirements spelled out in organizational documents
Identify potential risks, develop mitigation strategies and recommend key decisions for investments
Import sponsor-provided financial data
Track, review, and analyze performance of preferred equity investments; and Freddie Mac K-Series bond pools and their underlying collateral
Coordinate with Development Management and Asset Management groups regarding ongoing oversight and project accounting compliance
Create valuation models based on monthly and quarterly updates
Analyze strategic decisions such as Property manager selection, operating budget, marketing plan, lease up strategy etc. and ongoing property-level financial statements and integrate findings into financial models
Manage outfacing relationships with venture partners, lenders and investors, in conjunction with Originations team
Conduct due diligence and periodic property site inspections across markets for preferred equity and K-Series investments
Collect compliance materials related to ongoing operations and dispositions
Assist in preparation of quarterly presentations providing project and performance updates; deliver presentations to entire company
Qualification
Required
Bachelor's Degree with excellent academic credentials
3+ years of work experience in Finance, Real Estate (finance or project management)
Experience with real estate development analysis or project work including multifamily and mixed-use development
Ability to analyze qualitative and quantitative information and translate into strategic deliverables
Familiarity with capital structures including mezzanine debt, preferred equity & common equity
Company
Veritas Partners
Veritas Partners is a boutique recruiting firm specializing in professional and executive talent acquisition.
2-10 employees
Funding
Current Stage
Early StageLeadership Team
Joe Tamberrino
CEO and Founding Partner
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