Benefits
- Equity
Skills
Full job description
Major Objectives
The Asset Manager is responsible for driving financial performance and maximizing value across a national portfolio of new construction multifamily residential properties. This position serves as a strategic leader in the execution of investment strategies, actively partnering with internal teams — including property management, investments, and construction — to ensure operational excellence and delivery of targeted returns.
This role requires a highly analytical and detail-oriented professional who can interpret financial and operational data to inform decision-making, manage risk, and support long-term asset growth. The Asset Manager bridges field operations and executive leadership, guiding and influencing property operations to align with ownership objectives.
Specific Duties and Responsibilities
- Monitor and analyze property-level financial performance including occupancy, rent collections, NOI, capital expenditures, and operating expenses.
- Develop and maintain asset business plans, budgets, and forecasts.
- Identify and implement strategies to enhance asset value and optimize returns.
- Collaborate with property management teams to ensure effective execution of operating plans
- Conduct property visits and operational audits.
- Review and approve operational budgets and pricing and concession adjustments
- Evaluate market conditions and trends to inform leasing and pricing strategies.
- Support acquisition due diligence and transition planning for new assets.
- Work with consultants to lead real estate tax tracking and appeal processes
- Prepare and present regular asset performance reports to internal stakeholders and investors.
- Maintain accurate documentation of financial models, performance metrics, and strategic decisions.
- Ensure compliance with loan covenants, legal requirements, and regulatory guidelines.
- All other duties assigned by The Garrett Companies.
Required Skills
- Bachelor's degree in Finance, Real Estate, Business Administration, or a related field.
- Minimum 5+ years of experience in asset management, property management, or real estate finance.
- Strong financial modeling and analytical skills
- Deep understanding of multifamily financial performance metrics including NOI, cap rates, and yield analysis.
- Experience with property management software and financial reporting platforms.
- Excellent written and verbal communication skills, including ability to present to investors and senior leadership.
- Ability to travel regularly to community locations.
- Living Our Core Values: Consistently demonstrates and upholds our Core Values in all actions, decisions, and interactions.
- Ownership & Accountability: Takes full responsibility for outcomes and follows through to deliver results.
- Growth Mindset: Seeks feedback, embraces development, and continuously improves.
- Positive & Solution-Oriented: Approaches challenges with a constructive attitude and a focus on solutions.
- Strong Communication: Listens to understand, communicates clearly, and ensures alignment across teams.
- Relentless Problem Solving: Demonstrates urgency, resourcefulness, and persistence in resolving challenges.
- Strategic Thinking & Anticipation: Thinks ahead, proactively identifying risks, opportunities, and next steps.
- Team-First Mentality: Supports the team at all levels, no task is beneath the role. We are all broom-pushers.
- Continuous Improvement: Challenges the status quo and seeks better, more efficient ways to operate.
- Commitment to Excellence: Sets high standards and consistently delivers quality work.
- Demonstrates alignment with our Core Values: Excellence, Sense of Duty, Accountability, Teamwork, Courage, Honesty & Integrity, The Golden Rule, and Caring for All People.
Physical Requirements
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift to 15 pounds at times.
Initial Training and Orientation
- Garrett Companies Onboarding Program in Indianapolis.
- Membership to professional organizations and continuing education is supported by The Garrett Companies.
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