Asset Manager

This is a fully remote position, open to applicants in United States.

📋 Description

• Take charge of budgeting, reforecasting, and executing business plans for a designated portfolio of manufactured housing communities.

• Oversee and enhance asset-level performance through rental rate strategies, occupancy management, home sales and inventory, expense oversight, capital expenditure planning, and net operating income growth in alignment with underwriting.

• Create and deliver investor reports, budget packages, and performance evaluations for institutional joint venture partners.

• Collaborate with operations, revenue, and field teams to identify areas of underperformance and implement corrective action plans.

• Assess and underwrite capital projects, home purchase initiatives, and community-level investments; monitor returns against established plans.

• Assist with valuations, lender reporting, and adherence to joint venture agreement stipulations, including budget approvals and fee arrangements.

• Develop and sustain financial models and analyses utilized by leadership and capital partners.

• Conduct on-site visits and market assessments.

• Work closely with the Director of Asset Management and senior leadership.

⛳️ Requirements

• 3-7 years of experience in asset management, acquisitions, portfolio management, financial planning and analysis (FP&A), or investment analysis within the real estate sector.

• Preference for candidates with experience in manufactured housing, multifamily, or other residential sectors.

• Proficient in advanced Excel and financial modeling; capable of building, auditing, and defending models from scratch.

• Strong understanding of real estate finance principles, including net operating income drivers, return metrics, waterfall and fee structures, and budget-to-actual analysis.

• Experience working with or reporting to institutional capital partners is highly advantageous.

• Outstanding attention to detail and a commitment to intellectual honesty.

• A proactive approach with a sense of ownership and effective communication skills.

• Comfortable providing constructive feedback across various functions and levels.

• Bachelor's degree in finance, real estate, accounting, economics, or a related discipline.

• Experience in manufactured housing communities.

• Familiarity with joint venture structures, limited partnership agreements, or fund reporting.

• Experience with FP&A platforms like Datarails or similar tools, as well as business intelligence (BI) software.

• Proven history of improving performance at underperforming assets.

🏝️ Benefits

• Competitive salary, consisting of a base salary plus bonuses.

• Comprehensive health benefits package.

• Generous paid time off (PTO).

• Paid holidays.

• 401(k) plan with a 6% company match.

• Endless opportunities for learning, development, and skill enhancement.

• Clear opportunities for career advancement.

• Direct interaction with institutional joint ventures and senior leadership.

• Genuine ownership of a portfolio, with the authority and support to drive performance improvements.