Company Overview:

Our client, founded in 2018, is a privately held real estate developer and investment manager. The firm launched its first Opportunity Zone fund in 2018 and has since raised two additional funds, for a total of nearly $400 million of Opportunity Zone equity under management. To date, our client has more than $2.5 billion worth of real estate investments and developments in the Opportunity Zone space.

In 2026, the firm announced the launch of a workforce housing platform. With 300 units under construction and a pipeline of nearly 1,000 units for development over the next twenty-four months, our client intends to scale this new platform to 5,000 units by 2030.

Our client is a fast-paced, growth-oriented company with more than 3,000 multifamily units, 160 hotel keys, and approximately 100,000 square feet of commercial space owned or in development. The firm's investment philosophy is to follow demographic trends and public infrastructure investment to make real estate investment decisions focused on attractive risk-adjusted returns. While the firm invests across all property types and geographies, both Opportunity Zone and non-Opportunity Zone, the primary focus has been on multifamily, hotels, and industrial in the Sun Belt, particularly in Florida. Our client is headquartered in South Florida.

Position Overview:

Our client is seeking a seasoned real estate professional to lead the asset management of its operating assets, which include predominantly multifamily, hospitality, and ancillary retail and industrial properties.

The role involves overseeing operational performance, optimizing property-level NOI, managing lender relationships, engaging with community stakeholders, and driving value through strategic capital markets initiatives such as refinancings, dispositions, and recapitalizations. The Vice President will serve as the single point of contact between firm leadership and its third-party property managers and will be involved on development projects from underwriting through stabilization.

This position requires collaboration across the property management, development, accounting, and capital markets teams to align asset performance with company goals while ensuring compliance with loan covenants and investor requirements. The Vice President will also be responsible for certain elements of portfolio management and investor reporting, including maintenance of financial models in Excel, quarterly reporting, and market research.

Primary Responsibilities:

Portfolio Oversight

• Oversee day-to-day asset management for the operating portfolio, ensuring operational efficiency, rent optimization, and tenant satisfaction
• Maintain and analyze property-level and fund-level financial models, business plans, and cash flow projections to track performance, forecast returns, and inform strategic decision-making
• Manage lender and partner relationships, ensuring compliance with key loan document provisions, financial covenants, and other contractual obligations
• Develop and execute strategies to grow NOI through revenue optimization, cost control, and ancillary income initiatives
• Support capital markets activities, including preparing for refinancings, dispositions, and recapitalizations to enhance portfolio value
• Produce quarterly investor reports, provide updates on property-level and fund-level performance, and respond to investor inquiries
• Act as a key advisor in the planning and execution of long-term value-creation initiatives
• Conduct regular site visits across the existing portfolio
• Serve as the single point of contact to third-party property managers, holding them to budgets, operational goals, and marketing strategies, making routine decisions within approved budget and authority limits and escalating to the principals where required

Weekly

• Conduct operations and pricing overview calls with property management teams and partners
• Prepare and distribute a weekly dashboard for assets in lease-up or on watch, covering occupancy, leased percentage, traffic, applications, concessions, and absorption against plan; stabilized assets move to a monthly cadence
• Collaborate with the commercial leasing lead on retail tenant handovers, lease finalization, and fit-out coordination at mixed-use assets
• Evaluate ongoing market competitiveness through rent roll analysis and pricing adjustments
• Communicate regularly with ownership and stakeholders on property performance and operational updates
• Monitor unit pricing strategies and collaborate with property management to maximize revenue
• Facilitate property-level employee relations by emphasizing retention, performance evaluation, and addressing inefficiencies

Monthly

• Review and analyze monthly financial packages, including budget-to-actual comparisons, trailing twelve-month financial analysis, STR reports, and other income fee reports, holding property managers to a fixed monthly delivery date and requiring written explanations on material variances
• Conduct site visits, monthly for lease-up and watch assets and quarterly for stabilized assets, with a written report and tracked action items covering maintenance, unit turns, and building condition
• Develop and present financial reviews to ownership, outlining trends, forecasts, and recommendations for cost control and revenue maximization
• Lead marketing and leasing performance reviews, ensuring goals are met and addressing areas for improvement
• Collaborate with the accounting teams for accurate reporting of property-level and fund-level financials

Strategic Initiatives

• Cultivate and maintain strong relationships with existing lenders and partners, ensuring clear communication and alignment on property performance and financial covenants
• On assets where the firm is not lead, manage property management and partners on a daily basis to ensure strategic alignment
• Stay attuned to key loan document provisions, including compliance requirements, triggers, and extension requirements, and maintain all information relevant to the existing capital stack
• Oversee ongoing cash management to ensure liquidity for operational needs, with a clear understanding of all existing cash resources
• Proactively identify and implement strategies to grow NOI at the property level, such as optimizing rent pricing, reducing operational inefficiencies, and exploring ancillary income opportunities
• Develop and execute a capital markets strategy, including preparing for refinancings, asset dispositions, or recapitalization opportunities to enhance portfolio value
• Act as a strategic advisor in the planning and execution of long-term value-creation initiatives, balancing immediate operational needs with overarching investment strategies
• Flag issues to the principals as soon as they are identified, along with a recommended course of action
• Benchmark each property against its submarket competitive set in addition to budget, including in-person shops of competing properties, and provide area and comparable analysis and strategic ideas to enhance performance accordingly
• Streamline and create effective reporting protocols, templates, and procedures to be utilized across the growing residential portfolio
• Negotiate contracts with third-party operators, vendors, and consultants, including property manager selection and management agreement negotiation
• Develop relationships with local community stakeholders
• Maintain facilities registers for each asset, including preventive maintenance schedules, warranty tracking on newly delivered buildings, vendor contracts, and a five-year capital plan
• Engage on development projects ahead of delivery, providing input on operating assumptions, unit mix, amenity program, property manager selection, pre-opening budgets, and lease-up plans

Quarterly, Semi-Annual, and Annual

• Produce quarterly project update reports for investors
• Own and control internal asset-level pro formas and business plans
• Lead the annual budget process with property managers, along with mid-year and year-end reforecasts
• Assist in the preparation of the fund roll-up model

Qualifications:

• Bachelor's degree from an accredited college or university with demonstrated strong academic performance
• 6+ years of relevant commercial real estate experience, including at least three years in a direct asset management role, along with market research, underwriting, valuation, due diligence, and performance analysis
• Experience overseeing third-party property managers through lease-up and stabilization; hospitality exposure a plus
• Proven ability to run an asset management function independently with minimal day-to-day oversight
• Strong written and verbal communication skills
• Proficiency in Microsoft Excel and financial modeling, preferably in the multifamily and ground-up development space, including cash flow and partnership structure modeling experience
• Advanced proficiency in Microsoft PowerPoint, Word, and Outlook
• Experience with Yardi and/or NetSuite systems
• Willingness to travel up to twenty percent (20%) of the time
• Attention to detail and the ability to effectively multitask and prioritize

Salary: Compensation will be based on experience and include a bonus and benefits.