Director of Asset Management
Description
Thompson Thrift is hiring a Director of Asset Management in Denver, CO!
Thompson Thrift is seeking a seasoned and strategic Director of Asset Management to lead and drive the performance of our multifamily portfolio. This is a high-impact role where you'll shape investment returns and asset value by aligning property operations with ownership objectives.
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.
What You’ll Do:
- Portfolio Oversight & Performance: Oversee property performance across a designated portfolio, approve rent structures, capital expenditure plans, and financial initiatives to optimize NOI and long-term asset value.
- Revenue Growth & Risk Management: Implement income-generating and expense-control strategies. Ensure compliance with partnership agreements, loan covenants, and other obligations.
- Strategic Leadership & Communication: Provide executive leadership with regular performance updates and support hold/sell decisions. Collaborate with Development and Disposition teams to guide leasing, marketing, and renovation strategies.
- Market Research & Competitive Analysis: Monitor competitors and industry benchmarks, sharing insights on national and regional real estate trends.
- Team Leadership & Development: Lead and develop a team of Asset Managers and Analysts while mentoring cross-functional partners influencing asset performance.
Our Ideal Candidate for this Role:
- Education: MBA or advanced degree in Finance, Accounting, Business, Real Estate, or related field.
- Experience: At least 8 years of experience in multifamily residential real estate with a strong track record in asset management and transactions. Background in property management, leasing, or operations preferred.
- Skills & Qualifications:
- Strong leadership and staff development skills.
- Advanced analytical and financial modeling capabilities.
- Excellent written and verbal communication.
- Strong negotiation and decision-making skills.
- Proficiency in Microsoft Office Suite; Yardi experience preferred.
- Entrepreneurial mindset and organizational strength to manage competing priorities.