Bluecrest Residential is hiring a Vice President of Asset Management to guide strategy for our multifamily portfolio. You will lead analyses to align investment objectives with operational execution and serve as a primary liaison between internal leadership and external partners.
What You'll Do
- Create asset management reports with market commentary, performance analysis, and action plans to drive higher asset value.
- Develop and deliver comprehensive quantitative KPI reporting on property-level metrics including leasing trends, operating performance, and market analyses.
- Provide high-level qualitative analyses and insights on team performance, marketing strategy, capital improvements, financing, hold-sell strategy, distributions, and capital calls.
- Execute all reporting requirements for institutional investors, proactively addressing abnormalities and questions.
- Effectively present information to and respond to questions from the Investment Committee, investors, lenders, and partners.
- Optimize underwriting assumptions and provide insights as the liaison between the investment and property management teams.
- Contribute directly to developing strategic business plans for new investments and provide key asset management insights throughout the acquisition process.
- Provide expert recommendations on company-wide investment decisions as a member of the Investment Committee.
- Partner with cross-functional teams to formulate and implement short- and long-term asset management strategies.
- Provide executive leadership in collaboration with operations teams to drive the annual budgeting and forecasting process, reviewing and approving budgets across the portfolio.
What We're Looking For
- Bachelor's Degree in Finance, Economics, Accounting, Business, or a related field.
- Five plus years of experience as an Asset Manager or above in multifamily real estate.
- Experience working for a multifamily ownership group as an Asset Manager or Asset Management leader.
- Experience working directly with institutional investors as the primary contact.
- Experience completing institutional-level investor reporting on a monthly, quarterly, and yearly basis.
- Experience leading investor updates and presenting information to institutional investment groups.
- Experience completing analysis at the fund or portfolio level.
- Excellent interpersonal and communication skills.
Nice to Have
- MBA or Master's degree.
Benefits & Compensation
- Competitive salary determined based on total relevant experience.
- Short-term performance-based bonuses and long-term compensation incentive plan.
- Unlimited DTO starting upon hire.
- Mentorship from an experienced team of multifamily investment professionals.
- 10 full paid holidays.
- 8 hours of paid volunteer time per year.
- 25% off rent for any unit.
- Comprehensive Insurance Benefits: Medical PPO, HDHP, FSA, HSA with employer match, Dental, Vision, STD, & LTD.
- 401K with a 25% company match up to 6%.
- Full reimbursement for approved industry-related certifications (CAM, CPO, EPA, etc.).
- Innovative internal software.
Bluecrest Residential is an equal opportunity employer.
