Bluestone Properties

Vice President of Asset Management – Multifamily

Bluestone Properties

full-time

Posted on:

Location Type: Remote

Location: United States

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Job Level

Lead

About the role

  • Creation of asset management reports with market commentary, asset performance commentary and plans of action to drive higher asset value.
  • Develop and deliver comprehensive quantitative KPI reporting on property level metrics including but not limited to leasing trends, operating performance and market analyses.
  • Provide high-level qualitative analyses and insights on; property team performance, marketing strategy, capital improvements/progress, financing strategy, hold-sell strategy, distributions and capital calls.
  • Execute all reporting requirements for institutional investors, proactively addressing abnormalities and questions investors may have from the given information and updates.
  • Effectively present information to and respond to questions from the Investment Committee, investors, lenders, and partners.
  • Optimize underwriting assumptions, providing insights to all asset management elements as the liaison between the investment and property management team.
  • Contribute directly to developing a strategic business plan for new investments and provide key asset management insights throughout the acquisition process.
  • Provide an expert recommendation 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, ensuring alignment between investment goals and property-level operational performance.
  • Provide executive leadership in collaboration with operations teams to drive the annual budgeting and forecasting process, reviewing and approving budgets across the full portfolio.

Requirements

  • Bachelor's Degree in Finance, Economics, Accounting, Business or related field required. MBA or Master's degree preferred.
  • You have five plus of experience as an Asset Manager or above in multifamily real estate.
  • You have experience working for a multifamily ownership group as an Asset Manager or Asset Management leader.
  • You have experience working directly with institutional investors as the primary contact.
  • You have experience completing institutional level investor reporting on a monthly, quarterly and yearly basis.
  • You have experience leading investor updates and presenting information to institutional investment groups.
  • You have experience completing analysis at the fund or portfolio level.
  • You have excellent interpersonal and communication skills.
Benefits
  • Competitive Salary- The salary for this position will be determined based on the candidate's total relevant experience. Relevant experience would be the number of years the candidate has as a Multifamily Asset Manager or above (Director, VP, SVP).
  • Bonuses- This role may participates in short-term performance-based bonuses and have a long term compensation incentive plan.
  • Paid Time Off- Unlimited DTO starting upon hire.
  • Mentorship- Work with an experienced team of multifamily investment professionals.
  • Holiday Pay- 10 full paid holiday.
  • Paid Volunteer Hours- 8 hours of paid volunteer time you can use throughout the year.
  • Housing Discounts- 25% off rent available for all employees off any unit.
  • Comprehensive Insurance Benefits- Medical PPO, HDHP, FSA, HSA with employer match
  • Dental, Vision, STD, & LTD.
  • Retirement Plan- 401K with a 25% company match up to 6%.
  • Certification Reimbursement- Full reimbursement for approved industry related certifications, including CAM, CPO, EPA, and more!
  • Tech Forward & Transparent Culture- Innovative internal software to make your job easier!
  • Cultural Appeal- We run on transparency and healthy debate (No Fear of Conflict); you are encouraged to appeal and share what is not working well. Your voice truly matters!
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
asset managementKPI reportingqualitative analysisfinancial analysisbudgetingforecastingmarket analysisinvestment strategycapital improvementsleasing trends
Soft Skills
interpersonal skillscommunication skillsleadershipcollaborationpresentation skillsstrategic thinkingproblem-solvinganalytical skillsteamworkadaptability
Certifications
Bachelor's DegreeMBAMaster's Degree