Asset Manager

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Job description

About Urban Communities:
We are Developers, Investors, Managers and Visionaries

We understand it is the small things that make a big difference in our neighborhoods and we pride ourselves in building sustainable and engaging communities for people to live and thrive in. Our successful track record is proof that we put our residents and stakeholders first in everything we do, and we will continue to improve lives and create value through renovating unique properties and forging meaningful relationships. After all, that is really our business. We are Urban Communities, and we stand for healthy living, friendship, joy, security, design, sustainability, and community.

We call this profit with purpose.

Position Summary?
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The Asset Manager will support the long-term financial strategy of the portfolio related to multifamily property management operations by maximizing the value of each property, and achieve the highest return on investment for the owner.
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Essential Functions

Provides overall direction and supervision of financial structure and budgets for each property.

Improve the value of the asset by reducing expenses and increasing income.

Responsible for conducting market research, site selection and property tours with prospective investors.

Preparing market, site, and financial analysis to support recommendations.

Development and analysis of budgets and financial information for new locations in line with company strategy.

Communicates with all parties including stakeholders.

Prepare, monitor, and adjust property financial projections and financing strategies

Assist with acquisitions and dispositions of properties as needed.

Ensures that all property operations in portfolio are in adherence and compliance with governing business documents (including but not limited to closing documents, Property Management Agreements, or governing programs).

Utilizes property management software, word processing, spreadsheet, and database management applications to complete and produce required reports and other analysis documents.

Keeps abreast of current changes in technology, processes, and standards within the industry and area(s) of responsibility by attending internal and external training classes, researching and/or subscribing to the internet or other professional publications, or utilizing other appropriate method(s) to obtain business and professional information.

This?summary?is not an all-inclusive description of job duties. Other job duties and responsibilities may also be assigned by management at any time based upon Company needs.?

Bachelor's degree in Business Administration, Accounting, Real?Estate, Finance?preferred?or in lieu of degree, High School Diploma (or equivalent) in combination with significant relevant work experience will be considered.

Minimum of five years of related experience?in Real Estate Asset Management?required.?

Able to travel out of state a minimum of 5% of time.

Understanding of laws, guidelines, and best practices of multifamily property management.

Proficiency with Microsoft Office Suite.

Proficiency with YARDI.

Detail-orientation and focus on ensuring that data and reports are complete and accurate.

Proactive management style focused on preventing issues before they occur.

Collaborative leadership style focused on bringing out the best in the team and developing teammates.

Excellent verbal and written communication skills.

Excellent interpersonal and customer service skills.

Excellent at multi-tasking and performing under pressure in a fast-paced environment.

Strong supervisory and leadership skills, with ability to train and motivate others with a positive, go-getter attitude.

Basic understanding of the materials, methods, and tools used to construct and repair buildings.

Strong negotiation and resident advocacy skills.

What You Can Expect?from?Us?
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Urban?Communities?offers all the financial and non-financial incentives you would expect from an innovative real estate investment and management firm.: ?

Competitive compensation?

Equity-based profit-sharing bonus?

Medical, Vision, and Dental benefits

401(K)?

Life Insurance, Short-Term Disability Insurance and Long-Term Disability Insurance

Paid Time Off, Sick Time and Company Holidays