Asset Manager - Multifamily

Post Investment Group (“Post”) is a Beverly Hills, California based privately held holding company with a diverse set of business interests. We invest both passively and actively. As active investors we take a controlling interest in companies, often partnering with seasoned entrepreneurs helping them realize their vision and achieve their potential. As a vertically integrated company, we have an operations team with in-house legal, accounting, finance, technology, marketing and human resource capabilities. Our business interests are predominantly focused in the following areas: Real Estate, Real Estate Services, Health and Wellness, and Consumer Products.

Post Investment Group and its affiliated entities (“Post”) is in expansion mode, and will be looking for qualified asset managers to join this growing team.

The essential functions of the position include, but are not limited to, the following:

Responsibilities:

• Problem solve property and portfolio level issues through research, analysis and implementation
• Review and improve property operations including but not limited to leasing, marketing strategy/spend, expense analysis, staffing, maintenance efficiency, and property condition.
• Oversee and mentor Associates/Analysts in order to give them the insight and experience to grow to be asset managers within the company.
• Evaluate overall performance to assist in strategic business planning. Assist Head of Asset Management in establishing and enforcing benchmarks, guidelines, and policies.
• Assist in renovation execution (alongside renovation team), including initial planning, working with general contractor on delivery timelines, and monitoring impact on leasing, rental rates, etc.
• Perform monthly financial reviews which include creating strategies to enhance the performance of the asset, exceed budgeted and Underwritten cashflow and do monthly reclasses and accruals for clean financial statements.
• Assist in conducting due diligence and financial modeling for new acquisitions and dispositions
• Work collaboratively with property management teams to identify challenges and execute timely and effective solutions. This would include management of budgets, staffing, capex, and other property programs.
• Negotiate major vendor contracts and pursue portfolio wide expense reductions through vendor bidding
• Oversee and ensure compliance with all regulatory programs associated with individual properties within assigned portfolio.
• Conduct regular site visits as needed to include but not limited to review of: curb appeal, status of capex projects, common area and vacant unit inspections, and personnel issues.

Qualifications:

• Travel to properties will be required
• Minimum of 4 years experience in hands on multifamily asset management and/or property management
• Bachelor's degree (BA/BS) from a four-year college or university (prefer science, real estate, business or finance)
• Familiarity with Yardi and Entrata Systems preferred.
• An analytical approach with a results oriented mindset
• Highly proficient in Microsoft Excel and Microsoft Suite Products

Other:

This position will report to the Head of Asset Management. It will offer the qualified candidate with competitive base pay along with performance bonus and benefits. Flexible hours available but Hybrid work (3 - 4 days in office/ field). Multi-State travel required.

ADDITIONAL ASSET MANAGEMENT JOB RESPONSIBILITIES

• Monitor and analyze property operating financial metrics to help guide the benchmark underwriting assumptions for existing company portfolio and future transactions.
• Monitor and analyze specified market conditions, using the area’s internal and external financial and economic data.
• Assist in monitoring property valuations and identifying opportune moments to sell / refinance current property.
• Produce roll-up and exception reporting models to help identify areas in need of performance improvement.

The Company is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status

Flexible work from home options available.