Asset Manager - Santa Rosa - Jackson Square Properties

    Jackson Square Properties
    Jackson Square Properties Santa Rosa

    1 day ago

    $75,000 - $140,000 (USD) per year * Real Estate
    Description

    OVERVIEW:

    Based in San Francisco, Jackson Square Properties (JSP) is a private equity real estate investment firm specializing in multifamily properties. The company has grown to over seventy-five communities, totaling over 19,000 units in six states. JSP focuses on the acquisition and management of large apartment complexes nationally. As a small and entrepreneurial company, JSP will offer candidates the opportunity to be involved in all aspects of portfolio management.

    OBJECTIVES:

    The primary function of the Asset Manager is to assist with all aspects of the administrative, financial, capital, and operational functions of the assigned portfolio.

    ESSENTIAL FUNCTIONS:

    This position is dynamic, and the role changes as the business and macroeconomic conditions evolve. In general, the position is responsible for the following.


    • Oversee third-party property managers and portfolios.


    • Ability to travel up to 30% of the time in the central/mountain and western United States.


    • Propose goals and objectives for each property.


    • Assist in the preparation and approval process of property operating budgets.


    • Monthly, quarterly, and annual reporting of the portfolio.


    • Oversee the design and implementation of the Capital and Renovation plans for each region in conjunction with the in-house Construction Manager.


    • Work with lenders to coordinate escrow draws, completion repairs, benchmarking, and required forms.


    • Monthly review of operating statements.


    • Assist in the due diligence and underwriting of potential acquisitions.


    • Financial analysis, market studies, and industry standard reporting (i.e., variance reporting, discounted cash flows, IRRs, etc.)


    • Ability to work in a fast-paced work environment that requires strong leadership, communication, and decision-making skills.


    • Strong independent work skills with the ability and tact to follow direction as given.

    CONTACTS AND LIAISONS:

    This position will come into contact with senior management, vendors, etc. Diplomacy, tact, and a helpful, positive, professional presentation and attitude are required. The correct individual will be self-motivated to fill downtime with learning about the existing portfolio; they will have a high level of integrity with both their time and their mannerisms; and they will have a personality that thrives in an unstructured environment that provides a variety of opportunities and responsibilities. Finally, the proper candidate must be able to listen and grow in a fast-paced environment.

    TRAINING & EDUCATION:

    Bachelor's degree required with a concentration in business, finance, accounting and/or real estate.

    EXPERIENCE & SKILLS:

    Five to seven years of senior property management, asset management or Multifamily Real Estate experience required

    COMPENSATION:

    Competitive salary with a generous benefits package that includes health and 401K options. No relocation package is offered. EOE

    ADDITIONAL CONSIDERATIONS:

    Jackson Square Properties is headquartered in the San Francisco Bay Area and currently observes a hybrid work schedule. This position is based in San Francisco. Class A, lease-up is a plus, but not required.

    * This salary range is an estimation made by beBee
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