Director of Asset Management
Description
Join a High-Impact Team Shaping the Future of Real Estate as a Director of Asset Management
The Real Estate Asset Management Director is responsible for leading and driving the performance of Thompson Thrift Holdings’ multifamily and mixed-use portfolio to maximize NOI, asset value, and investment returns. This role bridges operational execution with strategic oversight, ensuring portfolio-level decisions align with ownership objectives. The Director partners closely with Property Management, Development, and Financial Reporting teams, providing actionable insights, leadership, and direction.
Why Thompson Thrift?
- Values-Driven Culture: Excellence, leadership, and service are at the heart of everything we do.
- Community Impact: Through initiatives like TT Serve, we foster community outreach and personal development.
- Work-Life Balance: Our Family Impact Program supports well-being with flexible work options, concierge medical services, financial planning, and more.
- Career Growth: Invest in your future with ongoing technical development and learning opportunities.
Your Role as Director of Asset Management
- Portfolio Oversight & Performance: Lead the monitoring and reporting of property performance across the portfolio; analyze financials, KPIs, and market conditions to optimize NOI and long-term value.
- Revenue Growth & Risk Management: Approve rent structures, capital expenditure plans, and other financial initiatives; identify income-generating strategies while managing risks across real estate operations and transactions.
- Strategic Leadership: Provide executive leadership with regular updates on asset performance; contribute to hold/sell recommendations; collaborate with Development and Disposition teams to align leasing, renovations, marketing, and disposition strategies.
- Market Research & Analysis: Continuously monitor competitive assets and industry peers; provide insights on regional and national multifamily and mixed-use trends to inform strategy.
- Team Leadership & Development: Lead and develop a team of Asset Managers and Analysts; provide coaching, guidance, and cross-functional leadership to drive asset performance.
Our Ideal Candidate for this Role
- Proven leadership and staff development skills with the ability to inspire and build high-performing teams.
- Extensive knowledge of multifamily real estate, industry trends, and market-specific dynamics, with experience in retail and mixed-use assets.
- Strong negotiation, decision-making, and financial modeling skills with the ability to interpret financial data, market trends, and performance metrics.
- Excellent written and verbal communication skills; able to engage effectively with executives, investors, and cross-functional partners.
- Entrepreneurial mindset with a results-driven approach, strong organizational skills, and the ability to manage multiple priorities effectively.
- Proficiency in Microsoft Office (Word, Excel, Project, Outlook); Yardi experience preferred.
Education
- Bachelor’s degree in Finance, Accounting, Business, Real Estate, or related field required.
- MBA preferred.
Experience
- Minimum 8 years of experience in multifamily residential real estate with a proven track record across multiple property types.
- At least 3–5 years of leadership or management experience in asset management.
- Experience in property management, leasing, or operations preferred.
- Finance or accounting background a plus.