Job Description
Company : Pantzer Properties
Job Title : Vice President – Asset Management
Location : New York City, NY
Pantzer Properties is an institutional fund manager with a vertically integrated owner-operator platform exclusively focused on high-quality multifamily assets along the East Coast of the United States. Since the inception of the Panco Strategic Real Estate Fund series, Pantzer Properties has deployed more than $7.5 billion across its investment platform. Pantzer Properties is headquartered in New York City, with offices in White Plains, NY and Philadelphia, PA.
Position Overview :
Pantzer Properties is seeking a Vice President - Asset Management to join our New York-based Investment Team. This individual will play a key role in driving portfolio performance across the firm’s growing multifamily portfolio (currently more than 11,000 units).
The Vice President will be responsible for leading day-to-day asset management initiatives while maintaining close collaboration and oversight from the Managing Directors. The ideal candidate is a highly analytical, hands-on professional capable of managing detailed operational execution while also contributing to high-level strategic decision making.
This position will serve as a critical liaison between the investment team and the in-house property management team, with a focus on operational excellence, financial performance, and long-term value creation.
Key Responsibilities :
- Lead day-to-day asset management initiatives across the multifamily portfolio
- Develop and oversee execution of strategic business plans for each property
- Formulate and implement initiatives to optimize revenue, control expenses, and maximize overall financial performance across the portfolio
- Regularly communicate and collaborate with the in-house property management team
- Lead the annual budgeting process and monitor ongoing financial performance
- Track and report key performance indicators (KPIs) across assets (weekly, monthly, quarterly)
- Prepare monthly reports comparing budgeted to actual operating performance, including detailed variance analyses and explanations
- Conduct regular property site visits and operational reviews
- Actively participate in the disposition process of assets
- Manage coordination of post-acquisition activities and integration of asset into the ownership’s portfolio
- Track capital expenditures, renovation projects, and value-add initiatives across the portfolio
- Oversight of ground-floor retail which can be a component of our multifamily properties
- Oversight of tax appeals and insurance programs
Requirements :
5-10 years of multifamily asset management, portfolio management, or operational experienceExperience with class A multifamily (leased ups and stabilized) and familiarity with East Coast markets is preferredStrong financial acumen with a track record of driving exceptional financial performanceProficiency in Microsoft Excel, leveraging advanced functions for comprehensive financial analysis and reporting, CoStar, RealPage, Yardi, OneSite, and Revenue ManagementEffective communication and relationship-building skills, facilitating seamless collaboration with internal teams, stakeholders, and partnersExcellent organizational and communication skillsSelf-motivated, resourceful, and proactiveAbility to work independently, effectively prioritize, and multitask under pressureUnderstanding of the private equity business model and real estate industryBachelor’s degreeApproximate Base Salary Range $175,000 / yr to $200,000 / yrPlus, an additional discretionary annual bonus, base salary range does not include the bonus