REO Asset Manager - ATX

Austin, Texas Permanent USD130,000 - USD165,000 per year View Job Description
Seeking a sharp, deal-oriented Asset Manager to oversee a portfolio of REO (real estate owned) properties acquired through foreclosure, including office assets, student housing, and traditional multifamily apartment communities.
  • Exciting Career Growth Opportunities
  • Highly Successful Firm

About Our Client

Fully-integrated, multi-strategy commercial real estate lending platform focused on delivering fixed rate and floating rate financing solutions, including senior and subordinated loans, secured by real estate assets in the US.

Job Description

  • Manage and hold accountable third-party operating partners across the portfolio, ensuring alignment with performance and operational expectations.
  • Build and maintain reporting frameworks and dashboards that give senior leadership clear, timely visibility into asset- and portfolio-level performance.
  • Lead acquisition and disposition initiatives across the portfolio, including underwriting, due diligence, and coordination with brokers, legal counsel, and other transaction parties.
  • Identify and execute value-creation, repositioning, or exit strategies for underperforming or non-core assets.
  • Prepare investment memos, asset-level business plans, and annual operating budgets for each asset and track actual performance against budget, identifying variances and directing corrective action.
  • Track market conditions, comparable sales and leasing activity, and capital markets trends relevant to office and multifamily assets.
  • Coordinate with internal finance, accounting, and legal teams on capital expenditures, leasing decisions, and financial reporting matters.
  • Take on other responsibilities as needed in the management, stabilization, and disposition of REO assets.



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.

The Successful Applicant

  • 7-10+ years of commercial real estate asset management experience, ideally spanning both office and multifamily property types.
  • Experience with REO, special servicing, or distressed/workout asset management strongly preferred - whether gained at an ownership/principal platform or at a financial institution (bank, servicer, or lender).
  • Understanding of different capital structures which may apply to this portfolio: fee simple ownership, Preferred Equity (i.e. rescue pref), etc.
  • Demonstrated experience in developing and managing reporting processes and procedures to evaluate performance against plan.
  • Strong communication and relationship management skills, with the ability to present to senior leadership.
  • Direct experience leading or supporting acquisition and disposition transactions.
  • Strong financial modeling and analytical skills, with proficiency in Excel and asset/portfolio reporting systems.
  • Desire to integrate AI and other technologies into existing workflows.
  • A "deal person" mentality - commercially sharp, decisive, and energized by moving quickly in a dynamic environment.
  • Bachelor's degree in real estate, finance, business, or a related field.
  • Based in, or willing to relocate to, Austin, TX.

What's on Offer

Competitive Compensation & Benefits

Career Growth Opportunities within a rapidly growing firm

Directly reporting into office leader

Contact
Keenan Gibson
Quote job ref
JN-082026-7079184

Job summary

Sector
Real Estate
Sub Sector
Property & Asset Management
Industry
Property
Where
Austin
Contract Type
Permanent
Consultant name
Keenan Gibson
Job Reference
JN-082026-7079184
 

Michael Page is an inclusive employer. We want to make sure you have everything you need to perform at your best throughout our hiring process, so please let us know if there is anything we can do to support with your application or interview.