Multifamily Asset Manager
Ancient City Capital, St. Augustine, FL, United States
We are seeking a driven, hands-on Multifamily Asset Manager with deep experience in affordable housing and distressed assets. This role is responsible for overseeing the performance, strategy, and execution of a portfolio of multifamily properties, ensuring financial strength, operational efficiency, and long-term value creation.
In order to make an application, simply read through the following job description and make sure to attach relevant documents.
The ideal candidate is a
go-getter and self-starter —someone who takes ownership, pushes initiatives forward without being asked, collaborates effectively with cross-functional teams, and holds partners and operators accountable to results. Key Responsibilities Asset Oversight & Performance Oversee day-to-day and long-term performance of a multifamily portfolio, with emphasis on affordable and distressed assets Develop and execute asset-level business plans, turnaround strategies, and value-add initiatives Monitor financial performance including budgets, forecasts, rent rolls, operating statements, and variance analyses Drive NOI growth through operational improvements, expense control, and revenue optimization Affordable Housing & Compliance Ensure compliance with applicable affordable housing programs (LIHTC, HUD, Section 8, bond-financed assets, etc.) Coordinate with property management and compliance teams to address audits, reporting, and regulatory requirements Identify risks and proactively resolve compliance or operational issues Property Management & Vendor Management Oversee third-party property management companies and internal teams Set clear expectations, KPIs, and timelines—and hold teams accountable for execution Review staffing plans, leasing performance, maintenance operations, and capital projects Manage vendors, contractors, and consultants to ensure quality, timeliness, and cost control Capital Projects & Distressed Asset Execution Oversee capital improvement plans, rehab scopes, and turnaround initiatives Track project budgets, schedules, and outcomes Identify distressed asset challenges early and implement corrective action plans Communication & Collaboration Serve as a central point of coordination between ownership, property management, accounting, construction, and leadership Provide clear, timely reporting and recommendations to stakeholders Act as a team player while maintaining firm accountability and performance standards Qualifications 3–7+ years of experience in multifamily asset management Demonstrated experience with
affordable housing xywuqvp and/or distressed assets
required Strong understanding of multifamily operations, financial analysis, and real estate fundamentals Experience overseeing third-party property management companies Ability to manage multiple priorities in a fast-paced environment Proven self-starter who takes initiative and drives results without constant oversight Strong communication skills with the confidence to challenge underperformance constructively High level of organization, follow-through, and attention to detail Key Traits for Success Go-getter mindset
with a bias toward action Comfortable holding others accountable while remaining collaborative Problem-solver who thrives in complex or distressed situations Team-oriented but unafraid to make tough decisions Results-driven with strong ownership mentality
In order to make an application, simply read through the following job description and make sure to attach relevant documents.
The ideal candidate is a
go-getter and self-starter —someone who takes ownership, pushes initiatives forward without being asked, collaborates effectively with cross-functional teams, and holds partners and operators accountable to results. Key Responsibilities Asset Oversight & Performance Oversee day-to-day and long-term performance of a multifamily portfolio, with emphasis on affordable and distressed assets Develop and execute asset-level business plans, turnaround strategies, and value-add initiatives Monitor financial performance including budgets, forecasts, rent rolls, operating statements, and variance analyses Drive NOI growth through operational improvements, expense control, and revenue optimization Affordable Housing & Compliance Ensure compliance with applicable affordable housing programs (LIHTC, HUD, Section 8, bond-financed assets, etc.) Coordinate with property management and compliance teams to address audits, reporting, and regulatory requirements Identify risks and proactively resolve compliance or operational issues Property Management & Vendor Management Oversee third-party property management companies and internal teams Set clear expectations, KPIs, and timelines—and hold teams accountable for execution Review staffing plans, leasing performance, maintenance operations, and capital projects Manage vendors, contractors, and consultants to ensure quality, timeliness, and cost control Capital Projects & Distressed Asset Execution Oversee capital improvement plans, rehab scopes, and turnaround initiatives Track project budgets, schedules, and outcomes Identify distressed asset challenges early and implement corrective action plans Communication & Collaboration Serve as a central point of coordination between ownership, property management, accounting, construction, and leadership Provide clear, timely reporting and recommendations to stakeholders Act as a team player while maintaining firm accountability and performance standards Qualifications 3–7+ years of experience in multifamily asset management Demonstrated experience with
affordable housing xywuqvp and/or distressed assets
required Strong understanding of multifamily operations, financial analysis, and real estate fundamentals Experience overseeing third-party property management companies Ability to manage multiple priorities in a fast-paced environment Proven self-starter who takes initiative and drives results without constant oversight Strong communication skills with the confidence to challenge underperformance constructively High level of organization, follow-through, and attention to detail Key Traits for Success Go-getter mindset
with a bias toward action Comfortable holding others accountable while remaining collaborative Problem-solver who thrives in complex or distressed situations Team-oriented but unafraid to make tough decisions Results-driven with strong ownership mentality