Asset Manager Job at Cobalt Recruitment, Brooklyn, NY

NFRxVWsxS29ZQ1hEenVFYnhVSUpNcTUrRnc9PQ==
  • 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

Upward Health

Care Specialist Job at Upward Health

CARE SPECIALIST Are you a dedicated individual with a passion for providing quality care and making a positive impact in the lives of others? If you possess a unique blend of skills and attributes, including critical thinking, resilience, and the ability to thrive...

Royal Enfield North America

Inventory Analyst Job at Royal Enfield North America

 ...Inventory Analyst - Permanent Position As the Inventory Analyst at Royal Enfield North America (RENA), you will be part of the Global Commercial Organization and report to the Inventory / Lead of Service Operations - RENA. You will be responsible for maintaining... 

Royal Caribbean Group

Administrative Assistant Job at Royal Caribbean Group

The facilities team is in charge of maintaining and repairing (when necessary) machinery, equipment, and facility furnishings in all the guest, public, and crew areas of the ship. Ideal candidates should have experience in facilities management including: maintenance process...

Bluebird Kids Health

Clinical Services Manager Job at Bluebird Kids Health

 ...Center. The CARES C enter serves as our enterprise access and remote care hub, delivering essential A ccess to R esources, E...  ...specialists, outpatient services). Facilitate communication between healthcare providers, patients, and families to ensure continuity of care... 

ZealoTech People

Civil Engineering Intern Job at ZealoTech People

 ...experience relevant to obtaining a Professional Engineer license (if applicable). * Civil Engineering Degree required * Engineering Intern/Engineer in Training certification required * Proficiency with AutoCAD for design purposes considered an asset * Civil 3D...