Asset Manager (Multifamily)
Centurion Selection, Orlando, FL, United States
The Asset Manager is responsible for maximizing the financial performance and value of a portfolio of multifamily properties across FL. This role focuses on executing business plans, overseeing property management, analyzing financial performance, and driving strategic decisions to optimize returns.
Key Responsibilities:
Asset Performance & Strategy Develop and execute business plans for each multifamily asset Monitor property-level performance against budget and underwriting Identify opportunities to increase NOI (rent growth, expense control, ancillary income) Lead hold/sell/refinance analyses and recommendations
Financial Analysis & Reporting Review monthly financial statements, variance reports, and KPIs Maintain and update cash flow models and valuations Oversee annual budgeting and reforecasting processes Track capital expenditures and ROI on renovations
Property Management Oversight Serve as primary liaison with third-party property management companies Monitor leasing activity, occupancy trends, and marketing effectiveness Conduct regular asset reviews and site visits Ensure alignment with business plan and ownership goals
Capital Projects & Value-Add Execution Oversee renovation and repositioning projects (unit upgrades, amenities) Manage timelines, budgets, and contractor performance Evaluate return on capital improvements
Investor & Stakeholder Communication Prepare investor reports and performance updates Support capital calls, distributions, and investor inquiries Collaborate with acquisitions, development, and finance teams
Market & Portfolio Analysis Analyze market trends, comps, and competitive positioning Conduct sensitivity and scenario analysis Recommend pricing and leasing strategies
Education Bachelor’s degree in Finance, Real Estate, Business, or related field MBA or relevant advanced degree preferred
Experience 5-10+ years of experience in real estate asset management, acquisitions, or related field Direct experience with multifamily properties required Experience with value-add or institutional portfolios is a plus
Skills & Competencies Strong financial modeling and analytical skills Proficiency in Excel (ARGUS is a plus) Deep understanding of multifamily operations and KPIs (occupancy, rent growth, NOI, IRR) Excellent communication and stakeholder management skills Ability to manage multiple assets and priorities
Asset Performance & Strategy Develop and execute business plans for each multifamily asset Monitor property-level performance against budget and underwriting Identify opportunities to increase NOI (rent growth, expense control, ancillary income) Lead hold/sell/refinance analyses and recommendations
Financial Analysis & Reporting Review monthly financial statements, variance reports, and KPIs Maintain and update cash flow models and valuations Oversee annual budgeting and reforecasting processes Track capital expenditures and ROI on renovations
Property Management Oversight Serve as primary liaison with third-party property management companies Monitor leasing activity, occupancy trends, and marketing effectiveness Conduct regular asset reviews and site visits Ensure alignment with business plan and ownership goals
Capital Projects & Value-Add Execution Oversee renovation and repositioning projects (unit upgrades, amenities) Manage timelines, budgets, and contractor performance Evaluate return on capital improvements
Investor & Stakeholder Communication Prepare investor reports and performance updates Support capital calls, distributions, and investor inquiries Collaborate with acquisitions, development, and finance teams
Market & Portfolio Analysis Analyze market trends, comps, and competitive positioning Conduct sensitivity and scenario analysis Recommend pricing and leasing strategies
Education Bachelor’s degree in Finance, Real Estate, Business, or related field MBA or relevant advanced degree preferred
Experience 5-10+ years of experience in real estate asset management, acquisitions, or related field Direct experience with multifamily properties required Experience with value-add or institutional portfolios is a plus
Skills & Competencies Strong financial modeling and analytical skills Proficiency in Excel (ARGUS is a plus) Deep understanding of multifamily operations and KPIs (occupancy, rent growth, NOI, IRR) Excellent communication and stakeholder management skills Ability to manage multiple assets and priorities