Multifamily Asset Manager - Drive Performance with Precision
Lone Star Capital
Manhattan, NY
Salary Estimate: $100,000.00 - $124,999.00
Employment Type: Full Time
Work Place: Office
Experience Required: 1+ to 2 years
Education Required: 4 Year College
Benefits
Job Description
You move with urgency, think strategically, and execute with precision. You thrive in high-stakes environments where discipline, efficiency, and results matter. You don’t just manage assets—you optimize them, uncovering efficiencies, reducing waste, and maximizing profitability. If you’re passionate about operational excellence, flawless reporting, and being part of a high-performing investment team, this is your opportunity.
The Role
- Financial Oversight – Track budgets, review invoices, audit expenses, and analyze financial reports.
- Cash Flow & Expense Management – Implement strategies to control OpEx, negotiate vendor contracts, and optimize payroll, R&M, and marketing spend.
- Performance & Market Strategy – Conduct market surveys, comp analysis, and renewal strategies to enhance NOI and occupancy.
- Lender & Insurance Management – Oversee escrows, loan payments, insurance claims, and property litigation.
- Community & Staff Development – Collaborate with property managers, train on property tech, and support hiring/rotations.
- CapEx & Construction Oversight – Develop improvement plans, manage budgets, and track procurement.
- Investor Reporting – Create monthly and quarterly reports with Excel tables, charts, and well-written, thorough summaries and analysis.
Lone Star Capital is a rapidly growing multifamily investment firm with $700M AUM and an ambitious goal to scale to $2.5B AUM within the next five years. Our tight-knit, in-office team at the One World Trade Center is committed to exceeding investor expectations through disciplined execution, top-tier reporting, and exceptional communication.
The ideal candidate is humble, sharp, and results-driven, possessing the following qualifications:
- Proven experience in real estate asset management, financial analysis, and operations.
- A hunger for budgeting, cost control, and vendor negotiations.
- Exceptional communication, problem-solving, and writing abilities.
If you align with the above, please apply by submitting your resume and completing our Culture Index Survey: https://go.cultureindex.com/s/o0s8Ma3pIE
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