- Review, edit, and approve Operating and Capital Budgets submitted by Property Manager (PM).
- Track asset performance through review of reports and communications with PMs.
- Ensure resident retention and outreach efforts are in place and maintained.
- Ensure PM is following duties spelled out in Property Management Agreement (PMA).
- Monitor Resident Services contributions and feedback.
- Determine if assets should be added to Watchlist; update Watchlist status quarterly.
- Review and approve Monthly Operating Reports (MOR), including P&L, bank statements, and GL.
- Monitor resident and address as needed rent collections and delinquency; track ERAP collections/programs.
- Review, investigate, and comment on variance reports provided in monthly operating reports.
- Provide quarterly variance reports to senior management and investors.
- Monitor cash position and provide monthly estimated capital needs on any property in a poor cash position with repayment plans for that capital.
- Determine if tax appeal is viable.
- Perform inspections on quarterly basis unless asset is under renovation/construction, has performance issues, and/or is on Watchlist (WL).
- Perform market tour of competing properties and neighborhood activities.
- Ensure compliance with affordable housing, lender, and bond requirements; review rent schedules to ensure rents and UAs are accurate.
- Take lead on Deal Memos at transition of assets to syndication.
- Approve leasing and marketing strategies.
- Ensure that life safety and deferred maintenance matters are addressed promptly.
- Work with Construction or Senior Management as necessary to approve contracts.
- Approve draws/allocation of reserves.
- Create Close-Out memo post-renovation.
- Use company systems to update asset status (Monday Board, AM Expectations cash cap con, capex boards, external agenda boards).
- Respond to AM Expectations requests.
- Bachelor's Degree in Business, Finance, or related field. Relevant experience may be substituted for education.
- Minimum of two years of relevant experience.
- Knowledge of real estate and experience working in an Asset Management environment, with at least one year of specific experience with affordable housing or multi-family properties.
- Proficient in Microsoft Office Suite and virtual meeting applications.
- Ability to use AIM internal portfolio system.
- Experience working with Work OS and RealPage software preferred.
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IT Asset Management Analyst
2 days ago
JM Family Enterprises Deerfield Beach, United StatesThis position will be located at our beautiful Deerfield Beach, FL campus and requires 3 days a week onsite. · **Responsibilities**: · - Define asset-tracking processes, policies, and procedures to drive compliance with IT and Corporate standards.- Participate in integrating asse ...
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Asset Manager
3 weeks ago
Compass Business Solutions Inc Boca Raton, United StatesJob Description · Job Description · MRK Partners · is seeking a dynamic, experienced · Asset Manager, with prior affordable housing or multi-family property experience, · who will be responsible for maximizing asset performance, cash flow, occupancy, and leasing while also e ...
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Asset Manager
1 day ago
Skyline Ventures North Beach, United StatesWhat to expect? · You will implement the property strategies of the business plans and continuously develop them, particularly identifying potential for optimization and value enhancement and realizing them · You will create real estate-related cash flows and investment analyses ...
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Asset Management Analyst
1 day ago
LendingOne, LLC Boca Raton, United States PermanentLendingOne is a direct private lender for Real Estate professionals headquartered in Boca Raton, FL with an additional office in Charlotte, NC. LendingOne made the Inc. 500 list of the fastest-growing private companies in America in 2019. Along with being rated one of the Top Wor ...
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Asset Management Analyst
5 days ago
LendingOne Boca Raton, United StatesJob Description · Job DescriptionLendingOne is a direct private lender for Real Estate professionals headquartered in Boca Raton, FL with an additional office in Charlotte, NC. LendingOne made the Inc. 500 list of the fastest-growing private companies in America in 2019. Along wi ...
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Vice President/Director of Asset Management
2 weeks ago
Kayne Anderson Boca Raton, United StatesDescription · Kayne Anderson Real Estate is a leading real estate investment firm, managing approximately $15 billion in assets under management across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus st ...
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Vice President/Director of Asset Management
2 weeks ago
Kayne Anderson Boca Raton, United StatesKayne Anderson Real Estate is a leading real estate investment firm, managing approximately $15 billion in assets under management across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus student housing, ...
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Vice President/Director of Asset Management
3 weeks ago
Kayne Anderson Boca Raton, United StatesDescription · Kayne Anderson Real Estate is a leading real estate investment firm, managing approximately $15 billion in assets under management across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus s ...
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Vice President/Director of Asset Management
3 weeks ago
Kayne Anderson Boca Raton, United StatesDescription · Kayne Anderson Real Estate is a leading real estate investment firm, managing approximately $15 billion in assets under management across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus st ...
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Kayne Anderson Boca Raton, United StatesAbout Kayne Anderson Real Estate · Kayne Anderson Real Estate is a leading real estate investment firm, managing approximately $15 billion in assets under management across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors ...
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Asset Manager
3 weeks ago
MFM Search LLC Aventura, United StatesMy client acquires and manages real estate properties with a focus on both near-term income generation and long-term value creation. They currently have an an immediate opening for an Asset Manager to join their dynamic real estate team. This role will have oversight and manageme ...
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Asset Manager
3 weeks ago
MFM Search LLC North Miami Beach, United StatesMy client acquires and manages real estate properties with a focus on both near-term income generation and long-term value creation. They currently have an an immediate opening for an Asset Manager to join their dynamic real estate team. This role will have oversight and manageme ...
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M&a Integration Manager
2 weeks ago
Phoenix Tower International Boca Raton, United StatesPhoenix Tower International, headquartered in Boca Raton, Florida is seeking to hire an Intergration Manager to join our Mergers & Acquisitions Team. This exciting new role is designed to focus on post-merger integration activities between acquired companies/assets and PTI. The M ...
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Help Desk Analyst I
1 week ago
Florida Peninsula Insurance Company Boca Raton, United States**About Us**: · At Florida Peninsula Insurance, we pride ourselves on our dynamic, supportive IT environment. Our mission is to leverage technology to enhance the efficiency and security of our operations, ensuring we continue to provide exceptional service to our clients. · **Po ...
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Dispatcher Coordinator
2 weeks ago
BlueTeam Boca Raton, United States**Dispatch Coordinator - Private Sector - BlueTeam** · **Location preference is **Boca Raton, FL** · **We are** · **BlueTeam **is a U.S. based service provider specializing in commercial restoration, construction and roofing — both domestic and international — and our clients are ...
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Boba Tea Cafe Manager
2 weeks ago
BOBA STREET CAFE Boca Raton, United StatesAre you enthusiastic, energetic, organized and full of life? We are looking for someone like you to join our team at Boba Street Cafe. We need flexible people willing to work full time including evenings and weekends. Boba Street Cafe is an exciting bubble tea concept that opened ...
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Finance Manager
2 weeks ago
Maksiwa International Inc Boca Raton, United States**About us Maksiwa International Inc**, · A thriving small business located in Boca Raton, FL, prides itself on being professional and agile, with a steadfast commitment to customer satisfaction. Our journey began in 1983, starting from the humble southern outskirts of Brazil, ex ...
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Associate Principal, Education
2 weeks ago
IBI Group Boca Raton, United States**Company Description** · Arcadis is the world's leading company delivering sustainable design, engineering, and consultancy solutions for natural and built assets. We are more than 36,000 people, in over 70 countries, dedicated to improving quality of life. Everyone has an impor ...
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Marketing Analytics Manager
2 weeks ago
MDG Solutions Boca Raton, United StatesMDG is seeking an experienced Analytics Manager who is highly proficient in the utilization of the Datorama platform for our digital marketing agency. As an Analytics Manager, you will play a critical role in helping our clients leverage the power of data-driven insights to optim ...
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Area Assistant General Manager
1 week ago
Springhill Suites by Marriott Boca Raton Boca Raton, United StatesB. F. Saul Company Hospitality Group is a subsidiary of the largest private real estate company in the Washington, D.C. area, and has been in operation for over 130 years. The Hospitality Group operates a portfolio of more than 20 business class hotels with top brands from Interc ...
Asset Manager - Boca Raton, United States - Compass Business Solutions, Inc.
Description
Job Description
Job DescriptionMRK Partners is seeking a dynamic, experienced Asset Manager, with prior affordable housing or multi-family property experience, who will be responsible for maximizing asset performance, cash flow, occupancy, and leasing while also ensuring that assets are in compliance with external and internal regulatory requirements.
Who we are:
MRK Partners is a privately held real estate investment and asset management company specializing in the acquisition, preservation, and repositioning of affordable housing. MRK Partners is committed to a world of equity and a shared humanity where all may thrive and reach their highest potential. Our mission is to develop exceptional and affordable housing across the nation. A secure home and supportive community are integral to achieving empowerment. In collaboration with our residents and partners, we identify and create opportunities for upward mobility, nurture resiliency, and support each individual's journey toward fulfillment and wellbeing.
What you will do:
Qualifications and Education:
The base salary for this role is $100,000-$130,000, depending on experience.
We believe diversity is essential to our organization's growth and success. MRK Partners strives to create an inclusive, accepting culture and seeks individuals of all backgrounds to join our innovative organization. We are a proud equal opportunity employer.
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