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Asset Manager - Multi-Family

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IRT Living

2021-12-04 12:30:03

Job location Philadelphia, Pennsylvania, United States

Job type: fulltime

Job industry: Real Estate & Property

Job description

Independence Realty Trust (IRT - NYSE) is a fully integrated real estate company, currently managing over 15,000 multi-family units, 56 communities, in 17 markets. We're anticipating tremendous growth and opportunity over the next few years. IRT has a strong commitment to hiring the most talented industry professionals, which has resulted in record growth, making the Company one of the most respected and trusted within our industry. To research us in more detail, visit .

We're currently seeking an Asset Manager in our Philadelphia, PA headquarters. The ideal candidate will be able to analyze performance and implement strategy that will maximize a community's return on equity to the company.

Responsibilities:

* Identify opportunities within the portfolio to increase revenue and decrease expenses
* Prepare in coordination with accounting department for monthly and quarterly reporting
* Identify value add opportunities throughout the portfolio and implement value add strategies
* Perform property site inspections
* Participate in weekly LRO pricing calls
* Assist management in preparation for quarterly earnings calls and board meetings
* Monthly financial review
* Hold/Sale Analysis
* Optimize portfolio performance through watch list criteria, including interaction with Operating, Marketing and Facilities
* Review of real estate tax assessments and management of tax appeals
* Participate/Lead biannual portfolio review meetings
* Work with property management and training teams to employ our best practices
* Evaluate and improve business intelligence and property management software
* Initiate, review and approve annual budgets and capital projects
* Support closings of acquisitions
* Manage disposition marketing and closing

Qualifications:

* 2 - 5 years asset management experience, preferably with equity multi-family investments
* Bachelor's degree in Business, Finance or Real Estate
* Excellent communication, time management, interpersonal and organizational skills
* Advanced MS Excel, Experience with Entrata and Pricing software a plus
* Ability to travel

We offer:

* Competitive Compensation Package
* Bonus Opportunities
* Stock Awards
* Paid Holidays and Paid Time Off
* BCBS PPO Health Insurance
* 401k with 4% match

Independence Realty Trust is an Equal Opportunity Employer and committed to building a diverse and inclusive culture. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial, marital or veteran status, disability, or any other legally protected classes

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