VP / Senior Associate - Asset Management

SLATE Property Group, a New York City-based owner and developer of residential and mixed-use real estate, is seeking an Vice President or Senior Associate of Asset Management who will be involved in all aspects of Slate's diverse portfolio of debt and equity investments across a variety of asset classes.  The candidate will be responsible for the direct asset management of a portion of Slate's portfolio and will work with senior management to help craft project and portfolio strategy and implement best practices.

Company Info:

Slate Property Group is a vertically integrated owner, operator, and developer of residential and mixed-use real estate in the New York metropolitan area. From adaptive reuse and existing asset reposition to ground-up residential development, Slate’s team leverages proven expertise, a diverse set of capabilities, and a regimented approach to provide its investors with superior risk-adjusted returns. Over the past 5 years, the principals of Slate Property Group have purchased in excess of $4 billion in real estate assets, producing above-market returns through various value-add strategies.

Responsibilities:

• Review business plan status and work with senior management and partners to help craft asset-level strategies
• Work with senior management to assess portfolio risks, mitigates and other key trends to shape high-level strategy
• Recommend, as appropriate, implementation of new asset management systems and best practices
• Prepare project and portfolio-level financial analysis utilizing reporting prepared by accounting department, guidance of senior team members, and personal experience and insight
• Report regularly to company senior management and limited partners
• Prepare written investment updates on quarterly basis using company form
• Oversee day-to-day execution of project business plans for leasing, capital improvements, etc.
• Direct, with input from senior management, activities of third parties including residential leasing agents, retail leasing agents, marketing firms, contractors and property management
• Assist in execution of capital transactions with respect to assets (financing, recapitalization, disposition, etc.)
• Maintain operating and capital budgets, project schedules

• Minimum 5 years of experience as asset manager for a developer, owner-operator or investment fund
• Strong background in Excel required, Yardi experience preferred
• Strong knowledge of and experience in the management of New York City multifamily real estate.  Additional experience in condo, affordable housing and/or debt investments preferred.
• Expert knowledge of New York City with regards to location of streets, neighborhood profiles, and each submarket’s rental and for-sale residential housing prices
• Experience in development and/or renovation of multifamily real estate including high-level knowledge of NYC building code and zoning ordinance, requisition and loan draw processing and general project management strongly preferred.
• Top-tier education (degree from a Top 30 ranked undergraduate institution) and strong GPA
• Strong written and verbal communication skills to successfully manage internal and external relationships
• Must be able to work independently, prioritize multiple tasks effectively, take on additional responsibility, and have strong attention to detail

• Salary, bonus, and top benefits
• Salary and bonus will be commensurate with experience.