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VP of Asset Management

Austin, TX, USA

302 Days ago

Job Description


Are you a strategic thinker with a passion for optimizing real estateassets? Do you live for the details but thrive on seeing the big picture? LV Collective is seeking anAssetManager a leader to help drive exceptional performance across our student housing portfolio. If you're ready to play a critical role in scaling our real estate operations, maximizingassetvalue, and collaborating with a dynamic team, then read onthis could be your dream job.

What You'll Do

  • Reporting & Stakeholder Communication: Lead the financial and operational reporting process for properties, presenting key insights and updates to stakeholders and executive leadership.
  • Revenue Optimization: Develop and implement strategies to maximize revenue from eachasset, including rate adjustments, ancillary income opportunities, and creative other income streams.
  • Financial Performance Management: Track and analyzeassetperformance against budgets, identifying opportunities for improvement in revenue streams and controlling expenses.
  • Budget Oversight: Own the Lead the operational budgeting process for each property, working closely with property management and finance teams to set achievable targets and align with company goals.
  • Market Analysis: Conduct regular market research, competitive analyses, and feasibility studies to inform strategicassetdecisions.
  • Project Collaboration: Work closely with the development, leasing, and marketing teams operations teams to support property performance through coordinated strategies and shared objectives.
  • Investment Decisions: Work closely with executive leadership in vetting development and acquisition opportunities.
  • Reporting & Stakeholder Communication: Lead the financial and operational reporting process for properties, presenting key insights and updates to stakeholders and executive leadership.
  • Revenue Optimization: Develop and implement strategies to maximize revenue from eachasset, including rate adjustments, ancillary income opportunities, and creative other income streams.
  • Risk Management: Proactively assess and mitigate risks associated withassetperformance, providing solutions to stay on course with business objectives.
  • Relationship Management: Cultivate strong relationships with third-party management, vendors, and contractors, ensuring alignment with LV's standards and brand expectations.
  • Project Collaboration: Work closely with the development, leasing, and marketing teams to support property performance through coordinated strategies and shared objectives.
  • Other:
    • Assist with other duties and special projects as assigned.
    • Ability to work late or on weekends may be required.

    Requirements

    Education & Experience

    • Bachelor's degree in Business, Finance, Real Estate, or related field required.
    • 5+ years ofassetmanagement experience, ideally within multifamily, student housing, or mixed-use real estate.
    • Proven track record in developing, implementing, and managing operational budgets and financial reporting.
    • Proficiency inassetmanagement and property management software (e.g., Entrata, RealPage) and strong skills in Microsoft Office, particularly Excel.

    Business Skills

    • Strategic thinker with a knack for big-picture insights and tactical execution.
    • Skilled in financial analysis and budgeting, with a passion for uncovering value.
    • Able to prioritize multiple projects, meet deadlines, and make informed decisions.
    • Web-savvy and skilled at performing competitive market research.
    • Fluent in English, with excellent communication and presentation skills.

    Bonus Points if?

    • You have experience with Axiometrics or similar market research platforms.
    • You're a lifelong learner, always on the lookout for new insights and strategies inassetmanagement.
    • You have an established network within the Austin real estate community.

Key Skills Required

Microsoft OfficeBudgetingAnalysisBudget OversightBusiness ObjectivesBusiness SkillsCollaborationCommunicationDevelopmentExecutive LeadershipFinanceFinancial PerformanceFinancial ReportingIdentifying OpportunitiesInvestment DecisionsLeadershipLeasingManagementMarket AnalysisMarket ResearchMarketingOperational ReportingOptimizationPerformance ManagementPresentationProperty ManagementProven Track RecordReal EstateReportingResearchRevenue OptimizationRevenue StreamsRisk ManagementScalingStakeholder CommunicationTactical

Job Overview


Job Function: Other

Job Type: Full Time

Workplace Type: Not Specified

Experience Level: Executive

Salary: Competitive & Based on Experience

Experience: 5 - 6 yrs

Contact Information


Company about us:

LV Collective is a premier real estate investment firm headquartered in Austin, Texas. With a strong focus on acquiring, developing, and managing top-tier properties, LV has established itself as a leader in the industry. Since its inception in 2012, LV has expanded its portfolio to include a diverse range of...

Company Name: LV Collective

Recruiting People: HR Department

Website: https://lvcollective.com

Headquarter: Austin, Texas, USA 78705

Industry: Real Estate / Property

Company Size: 51-200 Employees

Location

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