Asset Manager

Application Closing Date: 
Friday, March 30, 2018
BLVD Capital
215 South La Cienega Blvd
Suite 203
Beverly Hills, CA 90211

About the Company:  The Company is a fast growing real estate investment firm focusing on the acquisition, asset management and redevelopment of affordable multifamily housing nationwide, as well as value-add and distressed real estate in select markets.

We are a meritocracy, with a firm belief in rewarding individuals purely based on exceptional performance and contributions to the team to further the objectives of the Company.  We are building a team of driven individuals who appreciate a results oriented, but collaborative and casual environment.

About the Position:  The Multifamily Asset Manager will be responsible for asset managing a portfolio of the Company's nationwide Section-8 and LIHTC properties.  The position is ideally suited for a highly motivated, detail oriented individual with a solid asset management background, and strong work ethic.  This individual should have the desire to be a part of a rapidly expanding company, and work within a team of other highly motivated individuals.  This position will report to the Director of Asset Management.

Duties will include:

  • Responsibility for overall portfolio management and profitability
  • Oversee 3rd party property management firms to ensure optimal property performance through strict systems and controls
  • Ensure the oversight and implementation of the property business plan and budget
  • Analyze property financials and performance metrics in pursuit of maximizing revenue and minimizing expenses
  • Provide recommendations and implement changes for property improvements based on thorough analysis and experience
  • Prepare narratives and financials for investor reporting
  • Assist in the development and monitoring of strategies to maximize asset values within the portfolio
  • Complete property inspections as part of monitoring property performance, management execution and property capital needs
  • Negotiate major vendor contracts and pursue portfolio wide expense reductions through vendor bidding
  • Problem solve property and portfolio level issues through research, analysis and implementation
  • Oversee preparation for HUD REAC inspections
  • Implement and monitor capital improvement projects
  • Assist in conducting due diligence and financial modeling for new acquisitions and dispositions

Following are the requirements for the position:

  • 3 - 5 years experience in multifamily asset management
  • Prefer Section 8 or other low-income experience, but not required
  • Bachelors degree (prefer real estate, business or finance)
  • Excellent MS Excel skills
  • Strong management skills, with an ability to work independently and multitask
  • Highly motivated, with a positive "can do" attitude
  • An analytical approach with a results oriented mindset
  • Ability to think like an owner in all decision making
  • Entrepreneurial spirit with a willingness to do what is necessary
  • Travel to properties across the nation will be required
Application Information: 
Please submit your resume to mail@blvdcrei.com.