Senior Asset Manager

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*This position may be based in DC Metro, Boca Raton (FL), Boston (MA)

Gables Residential is an industry leading company that has received national recognition for excellence in the management, development, acquisition and construction of luxury multi-family communities in high growth markets. We are a company that is mindful of our place in our local communities and our impact on the environment. We are focused on providing our employees with the opportunities, skills and support to build a rewarding career.

We have an opportunity for a well-rounded, experienced Senior Asset Manager whose current or prior responsibilities have included direct management of a portfolio of multi-family assets. Prior experience working in an investment/acquisition capacity or role is preferred.

As a Senior Asset Manager with Gables, you will be surrounded by a best in class team working toward common goals focused on profit maximization and loss limitation for a portfolio of assets. The role works closely with the operations and investments groups, relying heavily on trust, strong personal relationships and consistently providing accurate and reliable information through sound processes and procedures. The asset management team is charged with representing the owner’s best interest in managing the on-going financial performance and physical well-being of the portfolio. The role requires thought leadership as well as strong analytical, interpersonal and communication skills in order to develop and execute on property-level investment strategies.

You will be relied upon to provide market/submarket insight and responsible for evaluating property performance, and developing, communicating and executing property-level investment plans and strategies.

Responsibilities:

• Demonstrate full command of all aspects of the asset ranging from physical, legal and operational, to understanding market and economic dynamics of regional portfolios.
• Fully evaluate and communicate market positioning for each asset and overall market performance expectations.
• Develop business strategies for each stabilized asset; communicate and oversee strategy implementation.
• Participate in the preparation, review and communication of the quarterly forecasting process and variance review; evaluate results to determine appropriate adjustments to business strategy.
• Review and propose capital expenditures and deferred maintenance items when appropriate and as part of annual plan presentation.
• Monitor and reforecast capital expenditure plans through completion, adjusting strategy as needed.
• Manage joint venture relationships at the asset level.
• Participate in the acquisition/development process: discuss regional/sub-market research and approve underwritten financial assumptions.
• Interface with senior management, lenders, appraisers, brokers and third parties as needed regarding asset and/or market performance.

Education: BS/BA is required.

Experience: Previous experience in multi-family real estate is required, generally 5 years or more. Additionally, experience with retail and/or mixed-use product is of interest but is not a necessity. Prior experience in an investments or acquisition role is preferred.

We have an opportunity for a well-rounded, experienced Senior Asset Manager whose current or prior responsibilities have included direct management of a portfolio of multi-family assets. Prior experience working in an investment/acquisition capacity or role is preferred.

Skills:

• Strong analytical skills
• Effective oral and written communication skills; ability to present strategy, recommendations and decisions in a well-reasoned, well documented manner
• Proficiency in Microsoft Office
• Team Building – ability to develop good working relationships with others, including peers, property level personnel and internal/external clients
• Strong negotiation skills
• Time management/organizational skills
• Ability to prioritize work assignments to consistently meet deadlines
• Strong leadership skills
• Ability to work collaboratively in teams and across functions
• Self-motivated; exhibits initiative; resourceful

Licenses: A valid driver’s license and current automobile insurance is required.

Attendance: The position is exempt from overtime and may entail working hours as needed to perform the position requirements satisfactorily.

Travel: Travel is required, including overnight trips. Individual must have the ability to travel all forms of commercial transportation as required and have the ability/access to drive a car.

An Equal Opportunity Employer – M/F/D/V.

If you’re passionate about exceeding goals and providing exceptional customer service experiences, come join Gables in our mission of Taking Care!

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