CENTURION Property Group · 4 days ago
Real Estate Asset Manager
Centurion Property Group is a private equity real estate investment and operating firm specializing in the student housing sector. They are seeking an experienced Asset Manager to oversee the financial and operational performance of student housing assets, executing business plans and managing capital expenditures while coordinating with various stakeholders.
Property ManagementReal EstateReal Estate Investment
Responsibilities
Oversee day-to-day asset management of assigned student housing properties, acting as the owner’s representative and steward of asset-level performance
Manage relationships with in-house and third-party property management teams to ensure execution of approved business plans
Monitor asset performance across occupancy, pre-leasing, rental rates, expenses, NOI, capital expenditures, and cash flow
Review monthly financial statements, perform budget-to-actual and pro forma variance analysis, and recommend corrective actions
Develop and maintain property-level and portfolio-level forecasts, cash flow analyses, and annual operating budgets
Oversee property cash management, including review and approval of payments
Prepare internal portfolio analyses, valuation models, and competitive market comps, including hold/sell and refinance scenarios
Prepare and submit monthly, quarterly, and annual lender reporting in accordance with loan agreements
Track loan covenants, debt KPIs, and compliance thresholds; proactively manage covenant risk
Manage lender reserve and escrow accounts, including draw requests and reconciliations
Support acquisitions with underwriting, due diligence, and business plan development for new investments
Assist with investor reporting, including monthly, quarterly, and annual performance summaries and asset-level narratives
Identify operational risks, inefficiencies, and value-enhancement opportunities across the portfolio
Coordinate with external consultants, legal counsel, insurance brokers, and tax advisors as needed
Oversee property insurance compliance, tax assessments and appeals, and other property-level compliance matters
Track liens, permits, licenses, and regulatory requirements
Monitor market conditions, competitive supply, and industry developments impacting assigned assets
Conduct periodic property site visits and asset reviews
Evaluate asset management and reporting software and recommend enhancements as appropriate
Qualification
Required
Bachelor's degree in finance, Accounting, Real Estate, Economics, or a related field
Minimum of 3–5 years of experience in real estate asset management, portfolio management, or related roles
Strong understanding of multifamily and/or student housing operations
Advanced proficiency in Microsoft Excel and financial modeling
Strong analytical, organizational, and problem-solving skills
Excellent written and verbal communication skills
Ability to manage multiple assets and priorities in a fast-paced environment
Willingness to travel periodically for asset oversight
English and Spanish Required
Preferred
Prior experience working with lenders and property-level debt structures preferred
Benefits
10 days PTO/Vacation first year, with 2-day increments per year up to a max of 15 days.
Holidays: Major Federal Holidays.
Health, Dental, and Vision Insurance.