Description
This position would entail direct oversight, implementation, and execution of business plans for multifamily assets located throughout the state. This position will become a critical part of our team at FSO Capital Partners and work directly with the principals of the company along with 3rd party management and assume significant responsibilities that will include:
-Act as a liaison between FSO’s principals, property management both on-site and off-site, and project oversight to ensure all are working in unison to execute business plans for each property.
-Monitor and oversight of each property’s business plan’s progress and proactively identify and address potential issues, potential opportunities for improvement, staffing, marketing, and capital expenditures, and manage timelines efficiently.
-Collaborate with FSO’s principals to establish key performance indicators for liquidity events such as dispositions, refinances, and supplemental loans.
-Working directly with 3rd party management’s regional, onsite, and construction managers on property performance, budgets, and projects
-Reviewing and approving annual budgets for each property in the portfolio
-Be an active participant in weekly asset management calls/meetings which include a review of financials, occupancy, renewals, and ongoing projects.
-Assisting with writing quarterly Investor Updates.
-Performing and coordinating tours with capital partners as needed.
-Help perform due diligence on new acquisitions, refinances, and sales for the portfolio.
-Help facilitate post-acquisition transition into the portfolio
-Performing monthly site visits to each property
-Evaluate building presentation
-Evaluate staff and make suggestions for staffing changes
-Monitor construction or special projects progress to ensure timing, budget, and overall goals are met
-Perform monthly rent comparables analysis for the portfolio
-Track market fundamentals (Development pipeline, absorption, vacancy, rent growth etc.) to identify both potential issues and opportunities for further portfolio expansion
Experience
2+ to 5 years
This job is no longer active.