Asset Manager

Bisnow · Coral Gables, Florida

  • Senior
  • Full-time
  • $120,000 – $125,000
  • Posted 2026-09-23
  • Confirmed live on 25 September 2026

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Job description

<p>Asset Manager - Multifamily &amp; Rental Portfolio<br>Location: Coral Gables, Florida</p>
<p>Salary Range: $120,000 - $125,000 annually with discretionary bonus potential</p>
<p>Work Arrangement: In-Person</p>
<p>Employment Type: Full-Time</p>
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<p>Our SelectLeaders client is seeking an experienced Asset Manager to oversee a growing portfolio of multifamily and residential rental assets. This person will serve as an ownership representative, partnering closely with third-party property management teams and internal stakeholders to drive asset performance, maximize NOI and cash flow, and enhance long-term property value.</p>
<p>This is a hands-on asset management role that combines financial analysis with active operational oversight. The ideal candidate will be comfortable digging into property-level financials, working closely with property management teams to drive performance, developing action plans, and staying closely connected to property operations and market conditions.</p>
<p>As the portfolio continues to grow through acquisitions and development, this individual will have the opportunity to take on additional assets and play a key role in shaping the Company's asset management strategy.</p>
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Key Responsibilities
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Oversee third-party property management partners and hold them accountable to approved business plans, financial targets, and operational goals.

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Monitor occupancy, leasing activity, renewals, rental rates, concessions, collections, delinquency, bad debt, and unit availability.

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Develop and execute strategies to improve occupancy, accelerate lease-up, and maximize rental revenue while maintaining appropriate pricing.

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Oversee operational and leasing strategy for assets managed directly by the Company.

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Conduct regular property visits and maintain a strong understanding of onsite operations, property conditions, tenant issues, competitive properties, and local market dynamics.

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Review weekly and monthly property management reports and identify operational issues, trends, and opportunities requiring action.

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Lead regular performance meetings with property management and leasing teams, establishing clear action items, deadlines, and accountability.

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Analyze monthly financial statements, including budget vs. actual results, revenue, operating expenses, NOI, cash flow, and key variances.

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Identify opportunities to increase revenue, control expenses, improve operational efficiency, and maximize NOI.

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Oversee CapEx projects, property improvements, unit renovations, maintenance initiatives, and other value-add programs.

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Evaluate rental rates and competitive market conditions and make recommendations around pricing and leasing strategies.

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Develop asset-level business plans and establish measurable performance goals.

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Prepare monthly asset management reports for ownership covering financial performance, occupancy, leasing activity, major variances, risks, and recommended actions.

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Coordinate with Accounting, Finance, Construction, Legal, and other internal teams as needed.

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Support acquisitions, refinancing, lender reporting, valuations, dispositions, and other strategic initiatives.

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Participate in the onboarding, lease-up, stabilization, and ongoing management of new assets added to the portfolio.

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Support refinancing initiatives and the transition of assets to long-term financing structures.

Success in this role will be measured against key asset-level performance metrics, including:

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Physical and economic occupancy

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Leasing velocity and absorption

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Renewal rates

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Effective rental rates and rent growth

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Concessions

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Delinquency, collections, and bad debt

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Revenue and operating expenses vs. budget

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NOI and NOI growth

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CapEx performance

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Unit turns and vacancy

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Property management performance

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Cash flow and overall asset performance

Qualifications
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Bachelor's degree in Real Estate, Finance, Business Administration, or a related field.

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5+ years of experience in multifamily asset management and/or multifamily operations.

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Experience overseeing both stabilized and lease-up multifamily assets.

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Demonstrated experience managing and holding third-party property management companies accountable for financial and operational performance.

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Strong understanding of multifamily operations, leasing, revenue management, property-level financial statements, budgeting, and forecasting.

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Strong financial and analytical skills, with the ability to analyze P&Ls, NOI, cash flow, operating budgets, rent rolls, and variance reports.

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Ability to translate financial and property-level information into actionable strategies and corrective measures.

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Strong leadership, communication, negotiation, and problem-solving skills.

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Highly organized, proacti

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