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Director of Asset Management

Salary
$100,000-$124,999
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Nationwide

This job is no longer active.

Description


Job: Director of Asset Management

Location:  Milwaukee, WI  

 

Midloch Investment Partners ("Midloch") is a boutique real estate private equity investment fund manager. Midloch focuses on value-add acquisitions (properties valued between $5 Million and $50 Million) throughout the United States. Since 2019, Midloch has acquired and or sold $555 Million worth of multi-family residential, industrial warehouses, and other commercial properties. Midloch is a team of hard-working real estate professionals passionate about creating a community of investors through thoughtful and transparent investments. 

Under the direction of the Managing Director, this person will be in a key role for the company and will be responsible for overseeing all of the day-to-day asset management for properties owned by Midloch.

We are a small company, so the expertise you bring will have a huge impact on our evolution, especially as we grow our investor base with future funds. If you enjoy working in a small, growing environment, this role is for you!

Position Description:

  • Oversee and hold various property management or operating partners accountable for implementing the business plan
  • Review and analyze monthly property financials  (Balance Sheet, Income Statement, Aged Receivable Report, Rent Roll,  bank statements, etc.). This includes ongoing monitoring of loan covenants, insurance, property expenses, and any other property initiatives.
  • Perform market research in markets and submarkets that Midloch has existing assets in.
  • Provide monthly, quarterly, and annual communication to internal and external stakeholders
  • Visit portfolio properties to ensure the successful implementation of the business plan


Requirements/Qualifications:

  • Bachelor's Degree required
  • 3-10 years experience in accounting/finance, asset management, or property management
  • Real Estate industry experience preferred
  • Accuracy and timeliness in the completion of the workload are required in this position
  • Ability to manage multiple priorities at once, to shift directions multiple times throughout the day, creative problem solving and a high sense of urgency are critical to success
  • Additional duties as assigned by management
  • Comprehensive understanding of Microsoft Excel and other computer software
  • Ability to read a balance sheet, income statement, and excel based real estate models
  • Ability to work in a fast-paced environment while delivering accurate and quality work
  • Ability to thrive in a startup environment, wearing multiple hats, and growing the company
  • Desire to think critically and creatively
  • Ability to travel frequently and independently

Job Type: Full-time

Benefits:

  • 401(k) with partial Employer match
  • Health insurance – premiums covered by Employer
  • HSA Account – partially paid by Employer
  • Dental insurance – covered by the Employer
  • Life insurance – covered by the Employer
  • Disability insurance - covered by the Employer
  • Paid Time Off and Sick Time Off

We're proud to be an equal opportunity employer and welcome our employees' differences, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or Veteran status. Difference makes us better. Join us. Apply today at 

 
 

Experience


2+ to 5 years


This job is no longer active.

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