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Jackson Square Properties

OVERVIEW: Based in San Francisco, Jackson Square Properties (JSP) is a private equity real estate investment firm specializing in multifamily properties. The company has grown to over seventy-five communities, totaling over 19,000 units in six states. JSP focuses on the acquisition and management of large apartment complexes nationally. As a small and entrepreneurial company, JSP will offer candidates the opportunity to be involved in all aspects of portfolio management.OBJECTIVES: The primary function of the Asset Manager is to assist with all aspects of the administrative, financial, capital, and operational functions of the assigned portfolio.ESSENTIAL FUNCTIONS: This position is dynamic, and the role changes as the business and macroeconomic conditions evolve. In general, the position is responsible for the following.<ul><li>Oversee third-party property managers and portfolios.</li><li>Ability to travel up to 30% of the time in the central/mountain and western United States.</li><li>Propose goals and objectives for each property.</li><li>Assist in the preparation and approval process of property operating budgets.</li><li>Monthly, quarterly, and annual reporting of the portfolio.</li><li>Oversee the design and implementation of the Capital and Renovation plans for each region in conjunction with the in-house Construction Manager.</li><li>Work with lenders to coordinate escrow draws, completion repairs, benchmarking, and required forms.</li><li>Monthly review of operating statements.</li><li>Assist in the due diligence and underwriting of potential acquisitions.</li><li>Financial analysis, market studies, and industry standard reporting (i.e., variance reporting, discounted cash flows, IRRs, etc.)</li><li>Ability to work in a fast-paced work environment that requires strong leadership, communication, and decision-making skills.</li><li>Strong independent work skills with the ability and tact to follow direction as given.</li></ul>CONTACTS AND LIAISONS: This position will come into contact with senior management, vendors, etc. Diplomacy, tact, and a helpful, positive, professional presentation and attitude are required. The correct individual will be self-motivated to fill downtime with learning about the existing portfolio; they will have a high level of integrity with both their time and their mannerisms; and they will have a personality that thrives in an unstructured environment that provides a variety of opportunities and responsibilities. Finally, the proper candidate must be able to listen and grow in a fast-paced environment.TRAINING &amp; EDUCATION: Bachelor's degree required with a concentration in business, finance, accounting and/or real estate.EXPERIENCE &amp; SKILLS: Five to seven years of senior property management, asset management or Multifamily Real Estate experience requiredCOMPENSATION: Competitive salary with a generous benefits package that includes health and 401K options. No relocation package is offered. EOEADDITIONAL CONSIDERATIONS:Jackson Square Properties is headquartered in the San Francisco Bay Area and currently observes a hybrid work schedule. This position is based in San Francisco. Class A, lease-up is a plus, but not required.Pay: $150,000.00 - $200,000.00 per yearBenefits:<ul><li>401(k)</li><li>Dental insurance</li><li>Health insurance</li><li>Paid time off</li></ul>Experience:<ul><li>Multi Site Multifamily Property Management: 5 years (Preferred)</li></ul>Ability to Commute:<ul><li>San Francisco, CA 94111 (Required)</li></ul>Willingness to travel:<ul><li>25% (Required)</li></ul>Work Location: Hybrid remote in San Francisco, CA 94111

Asset Manager

Join Jackson Square Properties and explore 1   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Jackson Square Properties

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Asset Manager