CREFC logo

The Professionals’ Choice for Real Estate Jobs
  1. Home
  2. Find Jobs
  3. Asset Manager
Middle Street Partners

Asset Manager

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Asset / Portfolio Management
Location
Charelston
 SC
Postal Code
29403
Country
United States

Apply Now

Description


COMPANY  
Middle Street Partners, LLC ("MSP") is a real estate investment and development firm, focusing on multifamily acquisitions and development in the Southeastern US. Since inception, MSP has acquired and/or developed approximately 9,800 apartment units, representing over a Billion of capitalized value in 36 properties located throughout the Carolinas, Georgia, Tennessee and Florida.   The Company maintains a casual, hardworking culture and has great opportunity for growth.  In addition to offering flexible office hours, MSP provides a generous benefits package including Health, vacation and 401k.  Relocation assistance is available.  

Basic Function
The Asset Manager is responsible for executing property level strategies to enhance and protect asset value, meet investment objectives, and oversee assigned properties and/or portfolios.  This person will interact extensively with company executives within MSP.

ESSENTIAL DUTIES  
Responsible for providing operational oversight at the property level for multiple assets.  
  • Review, analyze and compare current and historical operational performance against key metrics and original underwriting for existing assets.
  • Prepare weekly reports on property performance for internal purposes.
  • Understand competitive positioning relative to rents, lease terms and overall occupancy for the market/ sub-market where the investments are located.
  • Responsible for completion of the annual budget process with third party managers.
  • Monitor the performance of assets compared to the approved budget with primary responsibility for variance reporting.
  • Assist in the preparation of quarterly reports to external investors.
  • Frequently visit the properties to inspect buildings, implement and assess business plans, and interact with onsite managers/ teams to ensure high standards for leasing, property performance and property operations are understood and maintained.
  • Assist as requested in the acquisition of properties including reviewing third party reports, conducting site visits and conducting due diligence on new property acquisitions.
SKILLS AND KNOWLEDGE  
  • Excellent analytical and interpersonal skills.
  • Excellent verbal and written communication skills.
  • Strong understanding of investment fundamentals and market analysis.
  • Ability to prioritize and meet deadlines.
MINIMUM QUALIFICATIONS  
  • Bachelor’s Degree in Finance, Real Estate, Business or related field.
  • 5+ years of real estate industry work experience.
  • Solid understanding of financial analysis concepts.
  • Ability to travel and regularly work extended hours.
  • Experience with Yardi a plus.
  Competitive salary to commensurate with experience.

Job Functions


  • Asset Management
  • Property Management
 

Job Sectors


  • Alternative Investments
  • Residential
  • Hospitality / Entertainment
  • Government/Education
  • Healthcare
  • Industrial
  • Office
  • Retail
 

Experience


Not Specified


Apply for this job


 
SelectLeaders is where real estate professionals and executives manage their careers, network and come for valuable information about their industry. © 2005 - 2019 SelectLeaders LLC