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Asset Manager (Commercial Real Estate)

Pricebrotherskc, Overland Park, KS, United States


Asset Manager (Commercial Real Estate) Department:

Corporate

Employment Type:

Full Time

Location:

Overland Park, KS

Description The Asset Manager plays a critical role in maximizing the performance, value, and long‑term strategy of a portfolio of multifamily and commercial real estate assets. This position is responsible for conducting in‑depth financial analysis, building detailed property and portfolio models, evaluating investment opportunities, and leading property‑level due diligence. The Asset Manager synthesizes complex data into clear recommendations for senior leadership and works closely with Operations, Property Management, Acquisitions, and Executive Leadership to ensure that asset strategies align with broader organizational goals.

Responsibilities & Duties Property Financial Analysis & Due Diligence

Develop advanced property‑level financial models incorporating multiple underwriting assumptions and investment scenarios

Gather and input property data including rent rolls, operating expenses, historical financials, building metrics, and zoning/entitlement information

Analyze building plans, rent rolls, and regulatory constraints to develop stabilized, redevelopment, and value‑add assumptions

Conduct scenario, break‑even, and sensitivity analyses for acquisition, disposition, and refinancing decisions

Lead financial due diligence on potential acquisitions and prepare investment memos for executive review

Return Analysis & Deal Evaluation

Determine leveraged and unleveraged returns, equity returns, IRR, NPV, Return on Cost, and other investment metrics

Prepare Sources & Uses statements, unit mix analyses, and full pro forma financial models

Support analysis of refinance, recapitalization, and hold/sell strategies

Market Research

Conduct detailed market and submarket research, including rent comps, occupancy trends, supply/demand, and competitive positioning

Monitor economic, demographic, and industry trends that impact asset performance

Benchmark comparable sales, operating metrics, and market valuations to inform underwriting assumptions

Budgeting, Forecasting & Portfolio Performance

Support annual budgeting and forecasting processes by collaborating with Property Management, Operations, and senior accounting staff

Analyze budget‑to‑actual results and provide recommendations to improve operational and financial outcomes

Monitor asset‑level performance and identify opportunities to enhance NOI through revenue initiatives, operational efficiency, or capital planning

Investment Support

Assist in the preparation of investment memoranda and presentations for leadership and external stakeholders

Support transaction due diligence by conducting research, preparing data summaries, and validating assumptions

Participate in discussions with brokers, property owners, and other partners as part of acquisition or disposition activity

Collaboration & Communication

Partner with Asset Management, Operations, Legal, Acquisitions, and Executive Teams to ensure asset strategies align with organizational objectives

Communicate analyses, findings, and recommendations clearly to senior management

Collaborate across teams to share insights, enhance decision‑making, and support broader portfolio strategy

Our Ideal Candidate

Demonstrates strong financial modeling abilities and quantitative analysis skills

Proficient with Microsoft Excel, PowerPoint, and financial modeling tools, with the ability to learn new systems as needed

Solid understanding of real estate financial concepts, valuation methods, cash‑flow drivers, and portfolio/asset‑level analysis

Skilled in market, demographic, and comparable‑property research, with the ability to translate findings into accurate underwriting assumptions

Clear and concise written and verbal communication skills, with the ability to present complex financial concepts to non‑financial stakeholders

High attention to detail, strong documentation discipline, and consistent accuracy in all work products

Professional judgment, confidentiality, and integrity when handling sensitive financial or strategic information

Ability to work independently with minimal supervision, manage shifting priorities, and meet tight deadlines

Able to interpret and follow written, oral, diagrammatic, or schedule‑based instructions

Ability to operate in a constant state of alertness and in a safe, responsible manner

Comfortable working in a fast‑paced, entrepreneurial environment with evolving priorities

Driving is an essential function of the role; travel between properties or company locations may be required

Ability to communicate effectively in English with clients and coworkers (other languages may be used when mutually preferred)

Knowledge of and adherence to company standard operating procedures, relevant laws, and internal policies

Education (level and type)

Bachelor's degree or higher in Finance, Real Estate, Economics, or a related field preferred

Required Work Experience

Minimum number of years: At least 5 years of related experience in real estate financial analysis, modeling and underwriting required

Benefits The company offers an array of outstanding health and wellness benefits starting the first of the month after 30 days of service. Reasonable insurance premiums including medical options, dental, vision, life & disability, FSA dependent care, legal assistance, identity theft and more. Participate in the company’s 401k retirement plan, enjoy paid time off and 10 holidays + your birthday! Whether we are cheering on one of our local sports teams, volunteering at a philanthropy or celebrating team milestones, Price Brothers cares about our team members & our community.

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