Job Description
Job Description
Roles & Responsibilities:
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Oversee day-to-day asset management of assigned student housing properties, acting as the owner's representative and steward of asset-level performance.
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Manage relationships with in-house and third-party property management teams to ensure execution of approved business plans.
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Monitor asset performance across occupancy, pre-leasing, rental rates, expenses, NOI, capital expenditures, and cash flow.
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Review monthly financial statements, perform budget-to-actual and pro forma variance analysis, and recommend corrective actions.
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Develop and maintain property-level and portfolio-level forecasts, cash flow analyses, and annual operating budgets.
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Oversee property cash management, including review and approval of payments.
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Prepare internal portfolio analyses, valuation models, and competitive market comps, including hold/sell and refinance scenarios.
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Prepare and submit monthly, quarterly, and annual lender reporting in accordance with loan agreements.
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Track loan covenants, debt KPIs, and compliance thresholds; proactively manage covenant risk.
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Manage lender reserve and escrow accounts, including draw requests and reconciliations.
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Support acquisitions with underwriting, due diligence, and business plan development for new investments.
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Assist with investor reporting, including monthly, quarterly, and annual performance summaries and asset-level narratives.
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Identify operational risks, inefficiencies, and value-enhancement opportunities across the portfolio.
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Coordinate with external consultants, legal counsel, insurance brokers, and tax advisors as needed.
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Oversee property insurance compliance, tax assessments and appeals, and other property-level compliance matters.
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Track liens, permits, licenses, and regulatory requirements.
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Monitor market conditions, competitive supply, and industry developments impacting assigned assets.
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Conduct periodic property site visits and asset reviews.
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Evaluate asset management and reporting software and recommend enhancements as appropriate.
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Be willing to aid in any other office matters which may arise outside of your scope of responsibilities.
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Excellent organizational and time management skills.
Qualifications:
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Bachelor's degree in finance, Accounting, Real Estate, Economics, or a related field.
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Minimum of 3-5 years of experience in real estate asset management, portfolio management, or related roles.
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Strong understanding of multifamily and/or student housing operations.
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Prior experience working with lenders and property-level debt structures preferred.
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Advanced proficiency in Microsoft Excel and financial modeling.
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Strong analytical, organizational, and problem-solving skills.
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Excellent written and verbal communication skills.
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Ability to manage multiple assets and priorities in a fast-paced environment.
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Willingness to travel periodically for asset oversight.
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English and Spanish Required.
Benefits:
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10 days PTO/Vacation first year, with 2-day increments per year up to a max of 15 days.
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Holidays: Major Federal Holidays.
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Health, Dental, and Vision Insurance.
Company DescriptionSynectics is a leading staffing and workforce solutions company dedicated to connecting exceptional talent with top organizations. We specialize in IT, engineering, finance, healthcare, and professional services recruitment, offering both contract and permanent staffing solutions. With a people-first approach, we focus on understanding the unique needs of our clients and candidates to create long-term, successful matches. Our mission is to empower businesses with the right talent while helping professionals achieve rewarding career opportunities
Company Description
Synectics is a leading staffing and workforce solutions company dedicated to connecting exceptional talent with top organizations. We specialize in IT, engineering, finance, healthcare, and professional services recruitment, offering both contract and permanent staffing solutions. With a people-first approach, we focus on understanding the unique needs of our clients and candidates to create long-term, successful matches. Our mission is to empower businesses with the right talent while helping professionals achieve rewarding career opportunities