With over 30 years of experience in the acquisition, development, rehabilitation, and management of apartment communities across the Western United States, we are a trusted partner in the property management industry. At MG Properties, we focus on enriching lives – physically in our community buildings, philanthropically through giving back to our local communities, and through development and growth of our employees.
The Asset Manager will perform financial analysis and tracking of operational performance of portfolio, participate in evaluation and due diligence process for new acquisitions, conduct reporting, and assist in budget preparation and performance reporting.
Participate in the annual property budgeting process and review.
Participate in the business plan preparation, due diligence, financial analysis, creation of stabilization budgets, and cash flow forecasts of potential acquisitions.
Track portfolio operating results on a weekly, monthly, and quarterly basis to identify trends and opportunities.
Assist in ensuring that planned capital projects are executed on schedule and within budget.
Work with VP of Asset Management on ancillary income programs/policies to maximize the collection of “other income” throughout the portfolio. (RUBS, renter’s insurance, fee structures, etc.)
Track and evaluate results of Revenue Management system (YieldStar), working with Pricing Analyst to ensure positive results throughout the portfolio.
Qualifications
Bachelor's degree or advanced degree.
Minimum 5 years of direct experience in the asset management of multifamily properties.
Demonstrated experience in the multi-family housing industry including an understanding of the dynamics of rental pricing.
Financial analysis and/or accounting experience.
Demonstrated ability to analyze quantitative information
Ability to create and work within existing sophisticated Excel-based reports/spreadsheets.
Proficiency in Yardi property management software and YieldStar.
Some travel required including overnight stays
Compensation and Benefits
$120,000-$155,000/hour DOE
Annual Bonus potential
Company profit sharing
Accrues 10 days Paid time off per year
10 Paid Holidays and 2 Paid Personal Days per year
40 Hours of Paid Sick Time
401K with employer match
Medical, Dental, Vision, Employee Assistance Program
Life Insurance
Flexible Spending Account, Dependent Care Spending Account
MG Properties is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We are a drug-free workplace, participate in E-Verify, and are an at-will employer.
If identified for a position, you will be asked to submit to a background check and drug-screen.