Asset Manager Job at Cobalt Recruitment, Brooklyn, NY

QUZ2bGNpOG1Eb3dMWmxOWHhoMDFrQ1pUaWc9PQ==
  • Cobalt Recruitment
  • Brooklyn, NY

Job Description

Title: Asset Manager

Location: Brooklyn, NY

Compensation: $140,000 - $190,000 plus discretionary performance bonus

Overview

The Asset Manager will be responsible for the financial well-being of the multifamily portfolio, managing business plan execution, financial performance, tenant relations, and operational efficiency in the specified region. The ideal candidate will have experience in real estate investment, asset management, and a strong understanding of the residential real estate market.

Key Responsibilities:

  • Portfolio Oversight: Manage day-to-day performance of a portfolio of multifamily and mixed-use assets, from acquisition through stabilization and/or disposition.
  • Financial Management: Analyze and track asset performance against business plans, budgets, and pro formas. Work with property management and leasing teams to identify and execute strategies to enhance NOI and asset value.
  • Reporting & Analysis: Prepare monthly and quarterly reports for internal stakeholders and capital partners; present performance updates and strategic recommendations.
  • Market Intelligence: Monitor local and national market trends to inform rent pricing, leasing strategy, and capital expenditures.
  • Stakeholder Collaboration: Work closely with property management, development, acquisitions, and finance teams to align operational execution with investment goals.
  • Disposition Support: Contribute to asset sale processes, including broker selection, pricing strategies, due diligence, and transaction execution.

Qualifications:

  • Must have multifamily experience
  • Bachelor’s degree in Finance, Real Estate, Economics, or related field (Master’s preferred)
  • 8–10 years of relevant experience in real estate asset management (acquisitions experience a plus; LIHTC experience a plus)
  • Strong understanding of multifamily and mixed-use property operations and valuation
  • Proficiency in ARGUS, Excel, and financial modeling
  • Ability to interpret financial statements, lease agreements, and partnership structures
  • Excellent communication and presentation skills

Job Tags

Local area,

Similar Jobs

Key Talent Solutions

Business Analyst - Life Sciences Job at Key Talent Solutions

 ...effectiveness in understanding the context of client-specific business processes, problems, and the ability to deliver relevant solutions. ~...  ..., and business proposals to communicate findings. ~ Process Improvement: They analyze existing business processes, identify... 

Open Systems Technologies

PowerPoint Graphic Designer Job at Open Systems Technologies

 ...San Francisco, CA - ON-SITE daily - no exceptions Working hours 9am-5:30PST PowerPoint Graphic Designer *Must include portfolio link *Solid design skills, but need to be higher-level design skills *Must be a PowerPoint expert and have strong presentation... 

Atlas Search

Administrative Assistant Job at Atlas Search

 ...efficiency to make a meaningful impact worldwide. About the Role We are seeking a detail-oriented and proactive Administrative Assistant to provide high-level administrative support to senior leaders, including the VP, Head of Program Management, and other R... 

The H&K Group

Primary Plant Operator Job at The H&K Group

 ...Savings and Investment Plan ~ Tuition reimbursement programs available to qualifying employees for approved programs ~ Additional training programs including on the job, online through H&K Academy, manufacturer offered training, and more Responsibilities... 

Apidel Technologies

LPN Job at Apidel Technologies

 ...Shift: AP Start: 6:00 AM End: 6:30 PM Contract Weeks: 9 Guarantee: 36 Local Only Registry Personnel must bring a state or federal issued identification to the facility and wear a photo badge at all times. Agency staff must have completed the original...