Broad Management Group LLC · 1 day ago
Property Asset Manager
Montvale, NJ
Full-time
Onsite
Mid, Senior Level
4+ years expBroad Management Group LLC is seeking a Property Asset Manager to oversee the performance and management of a portfolio of multi-family properties. This role involves developing strategic asset management plans, maximizing property value, and ensuring alignment with financial and operational goals.
Property ManagementReal EstateReal Estate Investment
Responsibilities
Oversee a portfolio of multi-family properties, ensuring that all assets meet or exceed financial performance targets
Develop and implement asset management strategies to maximize property value and cash flow
Conduct regular performance reviews and market analysis to identify opportunities for improvement
Analyze financial reports, including income statements, budgets, and cash flow projections
Monitor key performance indicators (KPIs) and financial metrics to assess asset performance
Provide regular updates and recommendations to senior management regarding portfolio performance
Develop and manage capital improvement plans to enhance property value and competitive positioning
Oversee renovation and capital expenditure projects, ensuring they are completed on time and within budget
Identify and mitigate potential risks related to the portfolio, including market fluctuations, regulatory changes, and operational challenges
Ensure compliance with all local, state, and federal regulations related to property management and asset management
Work with property management teams to maintain high occupancy rates and tenant satisfaction
Develop and implement strategies to retain tenants and minimize vacancy rates
Develop and manage annual budgets for each property in the portfolio
Provide accurate financial forecasting to support long-term planning and decision-making
Serve as the primary point of contact between property management teams, investors, and other stakeholders
Foster strong relationships with key partners, including lenders, investors, and contractors
Communicate regularly with senior management on portfolio performance and strategic initiatives
Assist in the evaluation and due diligence of potential property acquisitions
Manage the disposition process for assets identified for sale, ensuring optimal return on investment
Qualification
Required
Minimum of 4 years of experience as a Regional Manager or asset manager, with a focus on multi-family properties
Strong financial acumen, with advanced Excel skills
Excellent understanding of real estate market dynamics and property management principles
Proven track record of enhancing property value and performance
Strong analytical, communication, and interpersonal skills
Ability to work independently and as part of a team in a fast-paced environment
Company
Broad Management Group LLC
Broad Management Group is a growing real estate investment firm that owns and manages multi-family residential properties throughout the United States.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Dov Shapiro
CFO
Company data provided by crunchbase