Benefits

Job Description

Location: Los Angeles, CA

MJW:

Based in West Los Angeles, MJW Investments has a unique culture that combines an entrepreneurial spirit with institutional-level execution. The portfolio consists of $1.5 billion in real estate assets throughout the country, with a growth strategy in 2025 to expand the multifamily and student housing portfolios. During its 35-year history, MJW has developed and owned over 5 million square feet of real estate. Active in every area of commercial real estate, MJW takes pride in making well-timed, disciplined, and strategic investment decisions. The company specializes repositioning multifamily and student housing properties with locational advantages in markets that have high barriers to entry.

MJW Investments is seeking a Director of Asset Management to maximize returns across MJW’s portfolio through the optimization of asset strategies and operations. This role will act as the fiduciary for ownership and effectively communicate asset strategy and performance to senior leadership, investors, lenders and partners. The Director of Asset Management will be a hands-on asset manager and will oversee the existing asset management.

This position will oversee a portfolio of student housing and multifamily assets located across the United States. Properties vary by size and vintage and are in various stages of the property’s life cycle (value add to core-plus). The ideal candidate will know how to work with lease-up, value-add, and core-plus strategies. Additionally, experience working with assets of varying vintage (from new construction to older properties) and varying sizes (portfolio ranges from 11-unit properties to 1,000+ bed properties) is a plus.

Key responsibilities include managing and training the exiting asset management team, collaborating with internal and third-party property managers to optimize property performance, and refining processes that enhance both the value of the portfolio and the efficiency of the team. Additional duties include overseeing the creation and execution of business plans, including value-add strategies and recommendations for dispositions. Developing a strong understanding of market dynamics in areas where MJW owns assets will be essential.

Applicant should be driven, a proactive self-starter, detail-oriented, capable of managing multiple roles and projects effectively, and excited to work in an entrepreneurial environment. The role is hands-on and will work closely with the Director of Operations, the existing asset management team, and executive team. There will be exposure to every aspect of working in a real estate private equity company.

This position will work alongside the Director of Operations and will report directly to the COO.

Required Experience

Minimum of eight years of relevant real estate asset management experience, inclusive of five or more years in student housing or multifamily real estate asset management. Familiarity with both student housing and multifamily real estate is strongly preferred, but consideration will be given to candidates with extensive experience in only one of the two asset classes.

General Position Responsibilities

Lead, mentor, and develop the asset management team to foster a culture of performance, collaboration, and professional growth. Ensure effective cross-functional communication with other departments (operations, legal, accounting, capital markets).
Develop and implement long-term asset strategies, aligning with MJW’s growth objectives in multifamily and student housing markets. Evaluate new market opportunities and contribute to the company’s overall portfolio strategy.
Utilize data-driven insights to inform property-level strategies, optimize operations, and maximize returns across the portfolio. Implement systems to track key performance indicators (KPIs) and optimize property-level performance.
Oversee the preparation of financial models, including operating budgets, cash flow projections, and investment return analysis. Review financials for assets on a monthly basis, triangulating budget, proforma and actual performance. Manage cash positions at each property and oversee quarterly investor distributions and financial reporting.
Oversee digital marketing strategies for properties, ensuring effective content creation, optimization of online presence, and tracking key metrics such as conversion ratios and engagement to drive successful lease-ups.
Lead monthly financial reviews with property management teams to drive performance and execute business plans. Oversee renovation projects and capital improvements with internal and external teams.
Lead the response to market disruptions, including developing mitigation strategies and ensuring portfolio resilience during challenging times, such as economic downturns or regulatory changes.
Perform ad-hoc financial analysis to aid in ongoing investment and strategic decision-making. Provide actionable insights and recommendations based on data-driven analysis to support business strategy.
Run analysis to determine optimal timing for the sale or refinancing of assets, conducting detailed hold/sell analysis and leading the execution of dispositions or refinancings when appropriate.
Work directly with the underwriting and acquisition team to evaluate potential investments and effectively transition assets once acquired, ensuring a seamless handover and alignment of asset strategies.
Oversee insurance management, including annual renewals, negotiating best coverage and pricing, and managing claims to ensure comprehensive risk management for the entire portfolio. Oversee MJW’s in-house renter’s insurance captive.
Manage lender relationships, ensuring timely reporting, financial documentation, and coordination of loan draws. Ensure compliance with loan covenants and proactively address lender inquiries or requests.
Travel to properties regularly to assess the overall condition of the real estate, evaluate the status of capital plans, meet with onsite property management teams, and ensure the performance of the market.

Qualifications

Minimum of eight years of real estate asset management experience, with at least five focused primarily in multifamily and/or student housing assets required
Bachelor’s degree in Real Estate, Finance, Business, or a related field required. Advanced degrees or professional designations (e.g., MBA, CPM, CCIM) are a plus
Process-oriented, with the ability to oversee and manage several simultaneous projects/tasks
Excellent time management skills and attention to detail
Deep knowledge of real estate financial concepts and structures, including reviewing and opining on legal documents
Excellent computer skills with MS Office including Word, Excel, and PowerPoint
Expertise in building and navigating complex financial models using Microsoft Excel
Yardi and Entrata experience is a strongly preferred, but not required
Ability to communicate complex ideas clearly and concisely in written and oral forms, meet deadlines and take personal ownership to achieve team goals

Compensation Package

Competitive salary commensurate with experience
Performance-based bonus structure
Healthcare benefits ( Medical , Dental , Vision ) HMO, PPO, and HSA options
Opportunity to invest directly in real estate acquisitions alongside GP
401K
After 90-day introductory period, employees are offered the opportunity to WFH one day per week.

MJW Investments is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We welcome applicants of all backgrounds, identities, and abilities. We are also committed to providing reasonable accommodations throughout the application process. If you need assistance or accommodation, please contact our HR department.
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Asset Management

Financial Analysis

Portfolio Management

Risk Management

Investment Management

Investor Relations

Due Diligence

MJW Investments

• 1-100 employees

At MJW Investments, we specialize in the acquisition and management of multifamily and student housing properties. Based in West Los Angeles, we bring an entrepreneurial spirit and institutional-level execution to everything we do. Our mission is to revitalize communities, fuel economic growth, and create vibrant spaces where people want to live.

We are a vertically integrated real estate investment firm, overseeing every phase of the investment cycle—from acquisitions and asset management to capital improvements and property management. This hands-on approach allows us to move with agility, create long-term value, and ensure operational excellence across our portfolio.

Today, our portfolio spans over $1.5 billion in real estate assets across the country. As we look ahead to 2025, we’re focused on expanding our multifamily and student housing footprint in high-barrier markets with strong fundamentals.

With a track record spanning more than 35 years, we’ve owned and operated over 5 million square feet of real estate. Our specialty lies in repositioning properties with strong locational advantages, and making strategic, disciplined investments that drive long-term growth.

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