Portfolio Manager

On behalf of our client, a top 25 National Multifamily Housing Council merchant developer with a newly formed in-house asset management division, we are seeking a Portfolio Manager, Asset Management to join their team in Charleston, SC.

This individual will take ownership of the firm’s entire Class A multifamily development portfolio across Georgia and Florida overseeing assets from delivery through stabilization and sale. This is a highly hands-on role focused on new developments, including selecting and managing third-party property management firms, driving lease-ups, and executing business plans across a mix of garden, wrap, mid-rise, and high-rise assets. Travel is expected to be approximately 30–50%.

What They Offer:

• Direct partnership with ownership and senior leadership.
• Full ownership of a growing, high-quality development portfolio.
• Opportunity to help build and shape a newly formed asset management platform.
• Strong visibility into investment strategy, execution, and disposition.
• Competitive compensation, benefits, and relocation assistance.

Primary Responsibilities:

• Lead day-to-day asset management for a portfolio of Class A multifamily assets across GA & FL.
• Oversee new developments from delivery through lease-up, stabilization, and disposition.
• Select and manage third-party property management firms to ensure alignment with investment strategy.
• Drive leasing performance, occupancy, and rent growth in line with pro forma targets.
• Monitor asset performance against budget, underwriting, and business plans.
• Analyze financials (T12s, variance reports, KPIs) and provide clear, actionable insights.
• Track key metrics including occupancy, effective rents, concessions, delinquency, and NOI trends.
• Prepare investor reporting, quarterly updates, and ad hoc analyses.
• Support valuation efforts including BOVs, refinance analysis, and hold/sell decisions.
• Lead annual budgeting, business planning, and ongoing reforecasting.
• Evaluate property-level decisions including pricing, concessions, staffing, and expenses.
• Serve as the primary liaison with operating partners, ensuring accountability and execution.
• Represent the firm at industry events and build relationships with brokers and market participants.

Qualifications:

• 3+ years of experience in multifamily asset management, acquisitions, or a related field.
• Experience with lease-ups, new development assets, or value-add strategies strongly preferred.
• Strong financial and analytical skills with advanced Excel proficiency.
• Experience analyzing property-level financials, budgets, and investment performance.
• Ability to manage multiple assets and priorities in a fast-paced, entrepreneurial environment.
• Strong communication skills with the ability to translate data into actionable insights.
• High ownership mentality with a hands-on, execution-oriented approach.
• Bachelor’s degree in Finance, Real Estate, Business, or related field (MBA a plus).
• Willingness to travel 30–50%.