Join Bell Partners and be a difference maker.
At Bell Partners, our mission is to be the apartment company of choice by creating value and honoring commitments to our residents, partners, and associates. We proudly serve our community of 85,000+ homes across 13 states and the District of Columbia. As stewards entrusted to contribute with care and appreciation, our 2,000 associates succeed in a dynamic space where everyone impacts. We take pride in producing outstanding results and fostering a work environment that allows everyone to contribute to their fullest potential. We rise above industry standards when every associate embraces their unique role and seizes the opportunity to make an impact.
The Manager of Asset Management provides regional oversight for a geographically focused portfolio of 10-15 multifamily properties. It involves comprehensive ownership of asset performance throughout the full life cycle and servant leadership of cross-functional teams through clear communication of objectives and accountability of self and others
Essential Functions and Responsibilities
Reviewing acquisition candidates, conducting due diligence, evaluating finances and renovation plans, and performing market analysis for rent recommendations. Includes working with the team to define the business plan for each acquired asset.
Leading asset teams to complete renovations and address property-specific issues for recent acquisitions. Responsibilities include executing the 120-Day Plan, creating the Final Asset Plan for renovations, and ensuring the repositioning plan is completed and the asset is stabilized.
Leading asset team calls, providing follow-up notes and action plans, and coordinating team efforts to drive progress. Will be reviewing weekly and monthly reports to identify issues affecting revenues and NOI, and collaborating with Operations and Construction to address them.
Addressing special situation assets with issues affecting cash flow, potentially requiring communication with owners or lenders. This includes collaborating with Operations, Financial Services/Accounting, and Construction to understand and resolve underlying issues. Additional investigations, such as market surveys or financial analyses, may be needed to make informed recommendations.
Collaborating with Financial Services, Operations, and Construction to guide and approve annual operating and capital budgets for all Bell assets.
Identifying value-adding opportunities, such as renovation programs and expense reductions, completing CapEx walks and approving unbudgeted CapEx.
Work with Investor Relations and Fund Accounting to address owner/investor inquiries and provide property/market commentary for institutional reporting.
Coordinating with internal resources (e.g., Accounting, Financial Services, IT) to address property-specific issues, improve income and expense control, and support innovation in design, renovation planning, execution, and monitoring.
Knowledge, Skills and Abilities
BA or BS required; BBA / MBA preferred
Minimum 8 years of experience; at least 5 years of real estate investment related experience
Preference for multifamily real estate experience (asset management, investments, portfolio management, construction/rehab) and knowledge of Bell multifamily markets
Must demonstrate Bell Core Values and fit well within company culture
Demonstrate financial acumen, research and analytical skills; strong problem-solving skills and quantitative abilities; must be able to absorb large amounts of data quickly and be capable of reaching sound business decisions after reviewing available information;
Must be resourceful, possess excellent organizational skills (i.e. handling multiple priorities and coordinating large teams) and strong written/oral communication skills;
Demonstrate solid judgment and strong interpersonal skills to work effectively across departments and functional groups, using influencing skills
Flexibility in working hours and travel as required to accomplish the work
Must be proficient in MS Excel, Word, PowerPoint, Outlook. Yardi preferred
Must be able to drive to visit assets and markets
About Bell Partners
Our purpose at Bell Partners is to create communities our residents are proud to call home. We currently own or manage over 85,000 homes in North America and continue to grow. Our people are the most important part of our company. We believe in building a culture that encourages our associates to invest in and serve one another, while pushing each other to take risks, allowing us to grow together and make a difference.
Join Bell to be a difference maker. Apply today!
Bell Partners reserves the right to amend this job description at any time. We are an Equal Opportunity Employer, and as such, we recognize our responsibility to embrace and promote Diversity, Equity, and Inclusion (DEI) throughout all aspects and levels of our organization including talent recruiting and retention, training, workplace culture, and community engagement.