Senior Asset Manager

Gables Residential - Dallas, TX

Full-time - Senior

Dallas, TX

10,001+ employees

Real Estate

About the position

Gables Residential is seeking a highly experienced Senior Asset Manager to join our team, with the opportunity to work in either Atlanta or Dallas, or potentially other core markets based on candidate preference. As a leader in the management, development, acquisition, and construction of luxury multi-family communities, Gables Residential is committed to excellence and mindful of our impact on local communities and the environment. This position is integral to our mission of providing top-quality housing and exceptional service for our residents while maximizing profits for our investors. In this role, you will be responsible for the direct management of a portfolio of multi-family assets, leveraging your expertise to ensure the ongoing financial performance and physical well-being of the properties. You will work closely with operations, facilities, and investments groups, fostering strong personal relationships and trust to deliver accurate and reliable information through sound processes. Your thought leadership will be essential in developing and executing property-level investment strategies, as well as providing market insights and evaluating property performance. The Senior Asset Manager will demonstrate full command of all aspects of asset management, including market positioning, business strategy development, and capital expenditure planning. You will participate in the quarterly forecasting process, review strategic plans for capital expenditures, and manage joint venture relationships at the asset level. Additionally, you will interface with senior management, lenders, appraisers, brokers, and other third parties to discuss asset and market performance, ensuring that Gables Residential continues to lead in the industry.

Responsibilities

• Demonstrate full command of all aspects of the asset ranging from physical and operational.
• Fully evaluate and communicate market positioning for each asset and overall market performance expectations.
• Develop business strategies for each 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 strategic plans for capital expenditures.
• 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.

Requirements

• BS/BA is required.
• Generally 7 years or more of experience in direct management of a portfolio of multi-family assets.
• Prior experience working in an investment or acquisition capacity is beneficial, but not required.
• 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.
• Ability to work collaboratively in teams and across functions.
• Self-motivated; exhibits initiative; resourceful.
• A valid driver's license and current automobile insurance is required.

Benefits

• Education scholarships
• Award-winning training
• Wellness programs