The Director of Asset Management is responsible for developing and implementing strategies that will maximize the financial performance and value of the Core Real Estate Capital portfolio. The Director of Asset Manager will also be responsible for monitoring the physical and financial condition of all Core Real Estate Capital owned assets. The Director of Asset Management reports to the Chief Operating Officer and works out of the Columbus, Ohio office.
• Responsible for analyzing and measuring property financial and operating metrics and providing recommendations to property management to improve performance. • Responsible for the aggregation and reporting of property level and portfolio financial performance to ownership. • Establish Key Performance Indicators with measurable standards for property and portfolio performance. • Work closely with internal and third party managers to provide strategic direction by providing guidance to executive or regional management staff to carry-out property strategies and business plans for each property. • Establish metrics for the evaluation and development of long-term business strategies for all Core Real Estate Capital properties. Make recommendations for refinancing, disposition or other capital events to achieve determined financial milestones or outcomes. • Monitor the physical condition of the portfolio through periodic site visits. Work with Capital Planning teams to ensure the long-term preservation and physical standards of Core Real Estate Capital are maintained. • Develop and maintain processes for the review real estate tax assessments and management of tax appeals as necessary. • Responsible for utility management including developing benchmarks and identifying opportunities to reduce consumption. • Manage ancillary revenue contracts and maximize financial benefit for Core Real Estate Capital. • Develop and supervise an asset management team that keeps pace with a growing portfolio. • Participate in new business development including involvement in acquisition opportunities.
• Bachelor’s degree in accounting, finance or real estate required. • MBA and/or graduate degree in finance/real estate preferred. • 10 years’ experience in asset management or a minimum 10 years relevant multifamily real estate and financial analysis experience.
• Strong analytical skills, both quantitative and qualitative.
Interested candidates should send a resume and references to Core Real Estate Capital LLC at: email@example.com No phone calls please.
Salary commensurate with experience. Qualified candidate must submit to fingerprinting and a background check, and possess a valid driver’s license.
Founded in 2001, Core Real Estate Capital provides access to quality real estate investments to high net worth individuals, family offices, and money managers. Based in Columbus, Ohio, the firm oversees the management of a diversified portfolio of quality real estate assets in 10 states. A key component of the firm’s investment philosophy is to partner with best-in-class operators and developers that have local market knowledge and a great deal of experience in their particular segment of real estate. The portfolio currently consists of the following real estate segments: multifamily, student housing, medical office, and hotels.