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Director of Asset Management

MSB Resources, Dallas, Texas, United States, 75215

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We are seeking an experienced

Director of Asset Management

to join a high-performing asset management team overseeing a

15,000-unit national multifamily portfolio . This is a hands‑on, operationally focused role for a true asset manager—someone who understands how properties actually run, not just how they look in a model.

The Director of Asset Management will report directly to the

Vice President of Asset Management

and play a critical role in driving performance, implementing value‑creation strategies, and maximizing long‑term asset value across the portfolio. This position requires close collaboration with operations, revenue management, capital, accounting, and investment teams, as well as regular interaction with third‑party operators.

Dallas-based candidates only. This requirement is non‑negotiable. Relocation assistance is available.

Key Responsibilities

Serve as a key member of the asset management team with direct responsibility for portfolio performance and value creation

Analyze asset‑level and portfolio‑level performance and implement strategies to maximize NOI, cash flow, and long‑term value

Maintain a strong working knowledge of multifamily operations, market performance, and competitive positioning across multiple MSAs

Partner closely with operations, marketing, revenue management, accounting, and capital teams to develop and execute asset strategies

Leverage weekly and monthly reporting and analytical tools to identify underperformance versus budget and market benchmarks and work cross‑functionally to correct issues

Take a value‑oriented approach to each asset by identifying revenue‑generating opportunities and justifying capital allocation decisions

Conduct regular site visits to assess physical condition, operational execution, and performance issues; provide actionable solutions

In collaboration with the Capital Expenditures team, assess capital needs by property and develop both short‑ and long‑term capital plans

Monitor market trends and identify opportunities for renovation, repositioning, expansion, or other value‑add initiatives

Play an active role in developing and finalizing annual operating budgets, capital budgets, and reforecasts

Support acquisition underwriting and due diligence by providing market intelligence, leasing assumptions, and operational insight

Evaluate and implement new products, services, and ancillary income initiatives designed to increase revenue, reduce expenses, or improve operational efficiency

Oversee monthly and annual cash flow projections in coordination with Operations and Accounting

Develop annual capital plans, monitor execution, track progress, and ensure timely project completion

Track litigation and risk issues at the asset level and ensure timely resolution

Coordinate all internal and external stakeholders during acquisition transitions to ensure a seamless handoff

Identify, execute, and monitor revenue‑generating initiatives, reporting on performance versus projections

Mentor and develop asset management analysts

Travel approximately

20–25%

as required

Qualifications & Experience

Must be based in Dallas, TX

(or willing to relocate)

Bachelor’s degree required , preferably in Business, Finance, Real Estate, or a related field

7+ years of experience

in asset management and/or acquisitions with responsibility for

5,000–7,000+ multifamily units

across multiple major MSAs (mixed‑use/retail exposure a plus)

Deep understanding of multifamily operations, budgeting, financial analysis, ROI evaluation, cash management, and financial reporting

Strong ability to interpret market trends, third‑party market studies, and competitive surveys

Experience supporting investment underwriting and due diligence, including providing market and leasing assumptions

Excellent communication skills with the ability to clearly articulate complex issues to internal teams, operators, and executives

Proven relationship‑builder capable of effectively managing third‑party operators and resolving issues collaboratively

Highly analytical, detail‑oriented, and comfortable working in a fast‑paced, dynamic environment with evolving priorities

Self‑starter with a proactive mindset and strong ownership mentality

Apply today for immediate consideration or reach out to Kelsey Arnall to learn more! 215-661-8834 x 110 Kelsey@msbresources.com

This is an on‑site position located in Dallas, TX.

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