Asset Manager

Blackfin Real Estate Investors is seeking an Asset Manager to oversee its multifamily portfolio reporting to the Director of Asset Management. The Asset Manager will develop and implement strategies to maximize the value and performance of each multifamily asset within Blackfin’s portfolio and assist with investment opportunities. This position will work closely with our investment, construction and accounting teams, our property managers, investors and Blackfin Senior Management.

Responsibilities:

  • Analyze leasing and operating performance compared to budget, proforma and the competitive set

  • Evaluate marketing plan and market conditions to include leasing and sales activity

  • Monitor and assess performance of capital expenditure plan

  • Prepare portfolio reporting to include variance analysis, market overview and recapitalization/refinance/sell recommendations

  • Prepare investor reporting

  • Evaluate investment strategy and underwriting of potential investment opportunities

  • Participate during capitalization events to include financings, recapitalizations, acquisitions and dispositions

  • Prepare loan covenant compliance calculations and ensure compliance with loan reporting requirements

  • Inspect projects on a regular basis

Qualifications:

  • 4-year Bachelor's degree required, real estate related preferred

  • 3-5 years of real estate experience with an exceptional academic record, superior quantitative skills and analytical abilities

  • Advanced proficiency with Excel spreadsheets

  • Strong quantitative skills and core financial competency and the ability to create financial models

  • Basic knowledge of financing and underwriting methodologies

 

Core Competencies:

  • Proven ability to excel in a fast-paced environment and commitment to meeting deadlines.

  • Strong team player with a positive attitude and a strong work ethic with demonstrated leadership skills.

  • Conscientious, self-directed and entrepreneurial with outstanding attention to detail.

  • Excellent verbal and written communication skills.

  • Problem-solver, self-motivated, independent with ability to multi-task.

Blackfin Real Estate Investors, LLC is an Arlington, VA based multi-family investment platform that was founded in 2016. Blackfin’s executive leadership has over 100 years of combined experienced with complimentary expertise in acquisitions, financing, renovation, and operating multifamily real estate. Blackfin has acquired over 8,000 apartments since inception, translating into over $1.3 Billion in acquisition value. Blackfin’s current portfolio spans from Boston through the Carolinas and includes assets in Boston, Suburban Maryland, Northern Virginia, Richmond, Virginia Beach, Charlotte, Raleigh-Durham, Greensboro, and Charleston, South Carolina.

 

Blackfin is an Equal Opportunity Employer and does not discriminate on any basis. We strive to create a meritocracy where all employees can meaningfully contribute, develop and thrive.

Blackfin Real Estate Investors, LLC. Arlington, VA.

Apply at recruiting3@blackfinrei.com