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FSO Capital Partners

Multifamily Portfolio/Asset Manager

Salary
$125,000-$149,999
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Phoenix
 AZ
Postal Code
85012
Country
United States

This job is no longer active.

Description


This position would entail direct oversight, implementation, and execution of business plans for multifamily assets located throughout the state. This position will become a critical part of our team at FSO Capital Partners and work directly with the principals of the company along with 3rd party management and assume significant responsibilities that will include:

 

-Act as a liaison between FSO’s principals, property management both on-site and off-site, and project oversight to ensure all are working in unison to execute business plans for each property.

-Monitor and oversight of each property’s business plan’s progress and proactively identify and address potential issues, potential opportunities for improvement, staffing, marketing, and capital expenditures, and manage timelines efficiently.

-Collaborate with FSO’s principals to establish key performance indicators for liquidity events such as dispositions, refinances, and supplemental loans.

-Working directly with 3rd party management’s regional, onsite, and construction managers on property performance, budgets, and projects

-Reviewing and approving annual budgets for each property in the portfolio

-Be an active participant in weekly asset management calls/meetings which include a review of financials, occupancy, renewals, and ongoing projects.

            -Assisting with writing quarterly Investor Updates.

            -Performing and coordinating tours with capital partners as needed.

-Help perform due diligence on new acquisitions, refinances, and sales for the portfolio.

-Help facilitate post-acquisition transition into the portfolio

-Performing monthly site visits to each property

            -Evaluate building presentation

            -Evaluate staff and make suggestions for staffing changes

-Monitor construction or special projects progress to ensure timing, budget, and overall goals are met

            -Perform monthly rent comparables analysis for the portfolio

-Track market fundamentals (Development pipeline, absorption, vacancy, rent growth etc.) to identify both potential issues and opportunities for further portfolio expansion

 

 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

Asset / Portfolio Management Residential Phoenix Full Time AZ Asset Management, Financial Analysis, Due Diligence Multifamily Portfolio/Asset Manager other