Real Estate Asset Manager

We are seeking a highly organized, analytical, and proactive Real Estate Asset Manager to oversee and maximize the performance, value, and operational efficiency of a portfolio of residential real estate assets.

The Real Estate Asset Manager will serve as a key point of coordination between property owners, tenants, vendors, contractors, property managers, real estate professionals, and other stakeholders. This individual will monitor property performance, coordinate maintenance and capital improvements, analyze financial results, identify opportunities to increase asset value, and help ensure each property is managed strategically and professionally.

The ideal candidate combines real estate knowledge, financial and analytical skills, strong organizational abilities, and exceptional communication skills. Experience with luxury residential properties, investment properties, property management, or real estate operations is highly valued.

Key Responsibilities

Asset & Property Management

1. Oversee the performance and day-to-day asset management of assigned residential properties.
2. Monitor property condition, occupancy, leasing activity, maintenance requirements, and overall asset performance.
3. Develop and maintain property-specific business plans and action items.
4. Coordinate with property managers, agents, vendors, contractors, and service providers.
5. Conduct regular property reviews and identify operational or capital improvement opportunities.
6. Help ensure properties are maintained to a high standard consistent with the property's market position and ownership objectives.

Financial & Investment Analysis

1. Monitor property income, expenses, budgets, and operating performance.
2. Review financial statements, rent rolls, operating reports, invoices, and vendor expenses.
3. Identify opportunities to improve net operating income and overall asset performance.
4. Prepare property-level financial analyses, forecasts, and performance reports.
5. Evaluate proposed repairs, renovations, and capital expenditures based on cost, necessity, and potential impact on property value.
6. Assist ownership in evaluating hold, lease, renovate, refinance, or disposition strategies.
7. Track key performance indicators and communicate significant variances or issues to management and ownership.

Leasing & Revenue Management

1. Monitor leasing activity, rental rates, vacancies, renewals, and tenant performance.
2. Analyze local market conditions and comparable properties to support rental-rate recommendations.
3. Coordinate with leasing and real estate professionals to reduce vacancy and maximize property revenue.
4. Assist with tenant and lease-related issues when appropriate.
5. Review lease terms and help ensure compliance with established ownership objectives.

Property Improvements & Vendor Management

1. Coordinate property repairs, renovations, preventive maintenance, and capital projects.
2. Solicit and evaluate vendor proposals and bids.
3. Maintain relationships with qualified contractors and service providers.
4. Review project timelines, budgets, invoices, and completed work.
5. Help negotiate pricing and scope of work when appropriate.
6. Maintain accurate records of property improvements, warranties, inspections, and major repairs.

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Market & Asset Strategy

1. Monitor North Texas residential real estate market trends and comparable properties.
2. Identify opportunities to increase property value, improve marketability, or reduce operating costs.
3. Assist with acquisition and disposition analysis when requested.
4. Prepare property valuations and comparative market analyses in coordination with the brokerage team.
5. Support the preparation of properties for sale or lease.
6. Collaborate with the company's luxury marketing team to ensure properties are positioned effectively in the marketplace.

Reporting & Communication

1. Prepare regular asset-management reports for ownership and senior management.
2. Communicate property performance, financial results, maintenance issues, and strategic recommendations.
3. Maintain organized digital and physical property files.
4. Track deadlines, contracts, inspections, insurance, leases, warranties, and other important property documentation.
5. Escalate significant financial, operational, tenant, or property issues promptly.

Qualifications

1. Bachelor's degree in Real Estate, Finance, Business, Accounting, Economics, or a related field preferred.
2. 3+ years of experience in real estate asset management, property management, real estate investment, brokerage, or a related field.
3. Strong understanding of residential real estate operations and financial fundamentals.
4. Experience analyzing property income, expenses, budgets, and investment performance.
5. Strong Excel/Google Sheets and financial-analysis skills.
6. Excellent organizational and project-management abilities.
7. Strong written and verbal communication skills.
8. Ability to manage multiple properties, projects, vendors, and deadlines simultaneously.
9. Strong attention to detail and follow-through.
10. Ability to work independently while collaborating effectively with agents, owners, vendors, and management.
11. Valid driver's license and reliable transportation.

Preferred Qualifications

1. Texas real estate license or willingness to obtain one.
2. Experience with luxury residential real estate.
3. Experience with investment properties or rental portfolios.
4. Experience with property-management software, CRM platforms, accounting systems, or real estate technology.
5. Knowledge of the North Texas real estate market.
6. Experience with property renovations, construction, or capital improvement projects.
7. Experience preparing investment analyses, budgets, forecasts, or property-level financial models.

Key Performance Indicators

Success in this role may be measured by:

1. Property revenue and NOI performance
2. Occupancy and leasing performance
3. Expense management
4. Timely completion of maintenance and capital projects
5. Property condition and tenant satisfaction
6. Asset value growth
7. Budget accuracy
8. Vendor performance and cost management
9. Reduction of unnecessary operating expenses
10. Quality and timeliness of owner reporting

What We’re Looking For

We are looking for someone who takes ownership, thinks strategically, and understands that successful real estate asset management requires both financial discipline and exceptional property-level execution.

The right candidate is comfortable moving between a financial spreadsheet, a property inspection, a contractor conversation, and an ownership meeting. You should be highly accountable, resourceful, professional, and capable of identifying problems before they become larger issues.

Experience in luxury residential real estate is a plus, but we are especially interested in candidates who demonstrate strong judgment, analytical ability, organization, communication, and a genuine understanding of real estate.

Compensation & Benefits

1. Competitive salary based on experience and qualifications
2. Performance-based bonus opportunity
3. Professional growth and advancement opportunities
4. Exposure to luxury residential real estate and investment properties
5. Collaborative and entrepreneurial work environment
6. Opportunities to work directly with property owners, investors, and real estate professionals