Asset Manager - Residential

The Asset Manager is responsible for optimizing the financial and operational performance of a multifamily portfolio. This role partners closely with property management, development, and capital partners to execute business plans, drive NOI growth, and maximize asset value across the investment lifecycle.Asset Strategy & Financial Performance

• Own asset-level business plans, including revenue growth, expense management, and capital strategy execution
• Monitor portfolio performance against budget and underwriting; identify variances and implement corrective actions
• Analyze monthly financials, KPIs, and operating reports to drive NOI and asset value
• Maintain and update asset-level financial models and forecasts

Portfolio Oversight & Operations

• Partner with property management teams to optimize leasing strategy, occupancy, rent growth, and operating efficiency
• Conduct regular site visits and operational reviews to ensure execution of business plans
• Evaluate marketing, pricing, and operational initiatives to enhance performance
• Drive expense control initiatives without compromising asset quality or resident experience

Capital Projects & Value Creation

• Collaborate with development/capital projects teams on renovations, repositioning, and CapEx execution
• Monitor project timelines, budgets, and ROI to ensure alignment with underwriting
• Identify and execute value-add opportunities across the portfolio

Investor Reporting & Stakeholder Management

• Prepare and present monthly and quarterly reporting packages to ownership, equity partners, and internal leadership
• Communicate performance updates, risks, and strategic recommendations
• Support investor meetings and investment committee presentations

Market Intelligence & Investment Strategy

• Track market trends, comps, and economic drivers influencing asset performance
• Support acquisition, disposition, and refinancing strategies through analysis and recommendations
• Assist with hold/sell analysis and long-term portfolio planning

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.