Asset Manager Job at Cobalt Recruitment, Brooklyn, NY

TFd0QU5MQktlTnJYTzI1cmo4ZEFrTWtUUHc9PQ==
  • Cobalt Recruitment
  • Brooklyn, NY

Job Description

Title: Asset Manager

Location: Brooklyn, NY

Compensation: $140,000 - $190,000 plus discretionary performance bonus

Overview

The Asset Manager will be responsible for the financial well-being of the multifamily portfolio, managing business plan execution, financial performance, tenant relations, and operational efficiency in the specified region. The ideal candidate will have experience in real estate investment, asset management, and a strong understanding of the residential real estate market.

Key Responsibilities:

  • Portfolio Oversight: Manage day-to-day performance of a portfolio of multifamily and mixed-use assets, from acquisition through stabilization and/or disposition.
  • Financial Management: Analyze and track asset performance against business plans, budgets, and pro formas. Work with property management and leasing teams to identify and execute strategies to enhance NOI and asset value.
  • Reporting & Analysis: Prepare monthly and quarterly reports for internal stakeholders and capital partners; present performance updates and strategic recommendations.
  • Market Intelligence: Monitor local and national market trends to inform rent pricing, leasing strategy, and capital expenditures.
  • Stakeholder Collaboration: Work closely with property management, development, acquisitions, and finance teams to align operational execution with investment goals.
  • Disposition Support: Contribute to asset sale processes, including broker selection, pricing strategies, due diligence, and transaction execution.

Qualifications:

  • Must have multifamily experience
  • Bachelor’s degree in Finance, Real Estate, Economics, or related field (Master’s preferred)
  • 8–10 years of relevant experience in real estate asset management (acquisitions experience a plus; LIHTC experience a plus)
  • Strong understanding of multifamily and mixed-use property operations and valuation
  • Proficiency in ARGUS, Excel, and financial modeling
  • Ability to interpret financial statements, lease agreements, and partnership structures
  • Excellent communication and presentation skills

Job Tags

Local area,

Similar Jobs

Arkansas Staffing

Patient Care Technician Job at Arkansas Staffing

 ...Patient Care Technician Job Summary: The Patient Care Technician supports the work of the Registered Nurse to meet the needs of patients in order to provide safe, quality care. Essential Responsibilities: Under the direction of the Nurse Manager, or designee, the Patient... 

Sugarbush Resort

Experienced Lift Maintenance Mechanic *$2,000 Sign-on Bonus* Job at Sugarbush Resort

 ...summer season includes a thorough inspection of all lift components, tower work, and grip and chair maintenance. Work on hydraulic...  ...policies and procedures is a must. This job requires the ability to climb and work at substantial heights and in all kinds of weather.... 

Expedia Cruises of Delaware

Expedia Cruises Travel Consultant Job at Expedia Cruises of Delaware

 ...Description Job Summary Arranges accommodations and other travel services for clients, including planning itineraries. General...  ...of interest, restaurants and special events. Communicates international travel procedures such as passport, visa, and inoculation... 

UNITY PATH INSURANCE SERVICES

Part-Time Personal Assistant Job at UNITY PATH INSURANCE SERVICES

 ...Job Description Job Description We are looking for a reliable and organized Personal Assistant to help with office operations and daily tasks. This role involves running errands, making calls, scheduling, assisting with accounting, and general office support.... 

Fohlio, Inc.

Senior UX UI Product Designer Job at Fohlio, Inc.

 ...helps organizations with many locations design, procure products and maintain their spaces...  ...can provide a consistent quality guest experience that represents their identity and value....  ...more. We are hiring a Senior Product (UX/UI) Designer with good communication...