Highlights
Managing capital improvement programs, renovations, refinancing efforts, recapitalizations, and disposition strategies, evaluating investment returns and ensuring projects are executed on budget and within targeted timelines. Responsibilities include: Leading the strategic and day-to-day asset management of a multifamily portfolio, developing and executing business plans that drive NOI growth, maximize asset value, and achieve investment objectives.
Numbers & Facts
| Location | New York, New York |
| Job Type | Full-time |
| Industry | Staffing/Employment Agencies |
| Salary | $150,000–$180,000 Per Year |
| Company Size | 10,000 employees or more |
| Website | https://www.michaelpage.ca/ |
Description
Multifamily Asset Manager
This role is ideal for a strategic and analytical real estate professional with deep multifamily experience and a proven ability to improve asset performance across market-rate, workforce and mixed-income communities.
Responsibilities include:
- Leading the strategic and day-to-day asset management of a multifamily portfolio, developing and executing business plans that drive NOI growth, maximize asset value, and achieve investment objectives.
- Monitoring property performance through detailed analysis of financial statements, operating metrics, budgets, forecasts, occupancy trends, leasing activity, and market conditions, providing actionable recommendations to senior leadership.
- Partnering closely with property management, development, construction, acquisitions, accounting, and finance teams to optimize operational performance, improve efficiencies, and execute value-add initiatives.
- Overseeing annual budgeting, forecasting, capital planning, and financial modeling processes while ensuring portfolio performance aligns with underwriting assumptions and ownership goals.
- Managing capital improvement programs, renovations, refinancing efforts, recapitalizations, and disposition strategies, evaluating investment returns and ensuring projects are executed on budget and within targeted timelines.
- Preparing and presenting asset performance reports, investment analyses, and strategic recommendations to executive leadership, investors, lenders, and joint venture partners.
- Ensuring compliance with loan agreements, partnership requirements, and investor reporting obligations while maintaining strong relationships with key stakeholders.
- Mentoring and developing asset management team members, establishing best practices, and contributing to the overall growth and strategic direction of the organization.
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 qualifications include:
- Bachelor's degree in Finance, Real Estate, Business, Accounting, Economics, or related field.
- 7-10+ years of real estate experience with at least 5 years in asset management.
- Direct multifamily asset management experience overseeing market-rate, workforce, or mixed-income housing assets.
- Strong understanding of multifamily operations, leasing, revenue management, budgeting, and capital planning.
- Advanced financial modeling and analytical skills.
- Experience working with property management companies and operating partners.
- Strong proficiency in Excel, Argus, Yardi, MRI, or similar real estate software.
- Excellent communication, presentation, and leadership skills.
Preferred qualifications include:
- MBA, Master's in Real Estate, or related advanced degree.
- Experience with institutional ownership structures, joint ventures, and private equity real estate.
- Exposure to development, acquisitions, or portfolio management functions.
- Experience overseeing portfolios exceeding $500M in asset value.
What's on offer includes:
- Competitive base salary
- Annual performance bonus
- Long-term incentive/equity participation opportunities
- Comprehensive health, dental, and vision coverage
- 401(k) with company match
- Generous PTO and paid holidays
- Professional development and career advancement opportunities
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.