Asset Manager
Hybrid · Philadelphia, Pennsylvania, United States
Job Summary
Asset Manager needed to own asset-level strategy and performance for a large multifamily portfolio across markets, partnering with property operations, investments, and capital partners to maximize NOI, capital efficiency, and long-term asset value. Responsibilities include developing and executing business plans with rent strategy and operating expense management, overseeing lease-up and stabilization, leading annual budgeting, building asset-level cash flow models (DCF/IRR), monitoring performance versus budget, and providing asset-level commentary for leadership and investors. Requires strong financial analysis, experience with property management systems, and ability to collaborate with regional teams to drive occupancy, rent growth, and cost control. Travel up to ~30% and primarily in-office in Philadelphia, PA with a hybrid work model.
Required Qualifications
- 5+ years of experience in real estate asset management, portfolio management, or related financial analysis
- Experience working with regional/property management teams and overseeing assets across multiple markets; REIT or institutional owner/operator background is a plus
- Advanced Excel skills, including DCF/IRR modeling, sensitivity analysis, and handling large data sets
- Experience with property management/asset management systems (e.g., Yardi, RealPage, Entrata or similar)
- Strong financial literacy: P&L ownership, variance analysis, budgeting, and capital planning
- Soft skills: clear, concise communicator and collaborative team player
Apply with one swipe on Sorce. We auto-fill applications and apply on your behalf — no cover letters, no 40-minute forms.
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.