Gresham Hunt are delighted to be exclusively supporting an elite, vertically integrated, owner-operator Real Estate Private Equity firm, specializing within multifamily as they search for a Director to join their Asset Management team.
This position is to be based in NYC.
Responsibilities
- Oversee the management of a portfolio of distressed real estate assets
- Develop and implement comprehensive asset management plans to optimize performance and maximize value
- Analyze financial performance, forecasts and budgets, including income statements, balance sheets, and cash flow statements
- Lead the turnaround of distressed assets, including property renovations, leasing, and tenant management
- Monitor expenses, identify cost-saving opportunities, and optimize operational efficiency
- Assess and mitigate risks associated with the asset portfolio, including credit risk, market risk, and operational risk
- Perform effectively in a fast-paced and collaborative working environment
Requirements
- 7-12 years of experience in Real Estate Multifamily Asset Management, open to an equity or credit asset management background
- Bachelors or Master’s Degree in Business, Finance, Engineering, or equivalent from an accredited institution
- Proficiency in using ARGUS, Excel, CoStar, and other relevant software to create financial models and conduct market analysis for distressed assets
- Must have asset turn around experience - financing, property management, renovations and overall successful track record leveraging portfolio of assets
- Strong financial acumen in key areas; Expense optimization, Refinancing, Setting rent rates, Tracking budgets, Leveraging assets, Understanding market comps, Data management, Financial reporting, CapEx and Development construction / operations knowledge
- Proven ability to collaborate effectively with cross-functional teams, including equity & credit Investments, legal, design, and construction
- Residing in or willing to relocate to New York City
To learn more about this opportunity, please apply here or reach out to the lead recruiter via email : [email protected]
At Gresham Hunt, we foster an inclusive culture where everyone feels valued and engaged and we welcome applicants from all backgrounds.
Our success relies on the talent and ideas of our people and clients, who benefit from diverse cultures, knowledge, and experiences.
1 day ago