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Director of Asset Management

Michael Page International

  • Los Angeles, California
  • 5 days ago
  • $175,000–$220,000 Per Year
  • Full-time

Highlights

The Director of Asset Management will work closely with executive leadership, investment teams, property management partners, lenders and ownership groups to ensure assets are performing in line with business plans and investment strategies. An established real estate investment and development organization is seeking a strategic and experienced Director of Asset Management to lead oversight of a diversified portfolio of multifamily, supportive housing, and affordable housing assets.
Michael Page International

Numbers & Facts

LocationLos Angeles, California
Job TypeFull-time
IndustryStaffing/Employment Agencies
Salary$175,000–$220,000 Per Year
Company Size10,000 employees or more
Websitehttps://www.michaelpage.ca/

Description

Director Of Asset Management

An established real estate investment and development organization is seeking a strategic and experienced Director of Asset Management to lead oversight of a diversified portfolio of multifamily, supportive housing, and affordable housing assets.

The Director of Asset Management will work closely with executive leadership, investment teams, property management partners, lenders and ownership groups to ensure assets are performing in line with business plans and investment strategies. This is an exceptional opportunity for a seasoned real estate professional who enjoys balancing asset performance, financial analysis, portfolio strategy, operational oversight and team leadership. Reporting to senior leadership, you will play a key role in shaping portfolio strategy, driving value creation initiatives, and managing relationships with key stakeholders while overseeing a significant real estate portfolio.

  • Lead the strategic oversight and performance of a diversified portfolio of multifamily, supportive housing, and affordable housing assets
  • Monitor financial, operational, leasing, capital expenditure, and market performance across the portfolio
  • Identify and execute value creation initiatives that drive revenue growth, operational efficiencies, and asset appreciation
  • Develop and implement portfolio risk management strategies
  • Oversee portfolio reporting, performance analytics, and presentations for executive leadership and investment partners
  • Collaborate with acquisitions, development, finance, and property management teams to support investment objectives
  • Lead asset-level business planning, budgeting, forecasting, and hold/sell analyses
  • Manage refinancing, dispositions, restructurings, recapitalizations, and other strategic transactions
  • Build and maintain relationships with ownership groups, lenders, joint venture partners, brokers, and third-party operators

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Required

  • Bachelor's degree in Business, Finance, Real Estate, Economics, Accounting, or a related field
  • 10+ years of asset management, affordable housing, multifamily, supportive housing, real estate investment, portfolio management, or real estate finance experience
  • Experience managing multifamily, supportive housing, affordable housing, or other residential real estate assets
  • Proven leadership and team management experience
  • Strong financial modeling, valuation, budgeting, and portfolio analysis capabilities
  • Demonstrated ability to manage complex stakeholder relationships
  • Exceptional communication, presentation, and analytical skills

Preferred

  • MBA, Master's degree, or equivalent advanced professional experience
  • Experience working with institutional owners, private equity firms, REITs, developers, nonprofit sponsors, or investment managers
  • Strong knowledge of affordable housing finance, debt structures, joint ventures, capital markets, and real estate transactions
  • Experience with LIHTC, HUD, Section 8, supportive housing programs, regulatory compliance, and public-private partnerships
  • Experience overseeing development projects, preservation initiatives, major capital programs, or asset repositioning strategies
  • Proficiency with ARGUS, Yardi, MRI, Power BI, Excel, and other portfolio management/reporting tools

Competitive salary ranging from $175,000 to $200,0000, flexible

Comprehensive benefits package

Opportunity to lead and grow

About Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world. Our business was established in Canada in 2005 when we opened our Toronto office. Our role is to work with employers and job seekers to facilitate a successful match. This can range from advising a global company on a candidate sourcing strategy to helping a job seeker find their dream job. In Canada, we focus on recruiting for the following areas: Banking and financial services Digital and e-commerce Engineering and manufacturing Finance and accounting Human resources Information technology Marketing Oil and gas Procurement and supply chain Property and construction Sales An Established Brand The Group has established a leading presence in many of the key markets for professional recruitment around the world and has positioned itself in certain other markets, which offer the opportunity for future growth. Within its current largest markets, Michael Page has also built a regional presence, including in the UK, France and Australia. Consequently, the Michael Page brand is among the most widely recognized brands in the professional recruitment industry. A Market Leader The role of a recruitment consultancy is to act as an intermediary, identifying and sourcing suitably qualified candidates on behalf of its clients. Candidates are recruited either for permanent or contract positions (typically for a fixed term) or on a temporary basis. Within the overall recruitment industry, the market for professional recruitment services is a specialist sector which has developed more recently. Michael Page is widely recognized as leading the development of this market around the world. Learn the benefits of working with Michael Page yourself. Submit your resume or contact a Michael Page recruitment consultant today.

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