Asset Manager

Founded in 2007, NB Private Capital is one of the largest investor/operators of student housing in the country, headquartered in Aliso Viejo, CA. Known for our long-standing relationships and track record of success in markets where innovation thrives, we combine entrepreneurial spirit with an institutional approach to deliver consistent and superior returns to investors.

We are currently seeking candidates for a Senior Asset Manager position to be based out of our Orange County office.

Role Description:

The Senior Asset Manager is responsible for monitoring and optimizing the performance of the Company’s real estate assets throughout the country. He/she will collaborate with the Senior Vice President of Asset Management and the Chief Investment Officer, as well as fellow asset managers, investment analysts, tenants and brokers to optimize NOI growth and the overall long term health and stability of the assets.  He will also assist with capital transactions such as acquisitions and refinancings.

The right person for the role will possess a blend of strong interpersonal and organizational skills, with a particular focus on expense control, marketing, and working with property management. This entrepreneurial group prizes critical thinking, building relationships, independent motivation, and transparent communication.

The position is ideally suited for a highly motivated, detail-oriented individual with a solid asset management background, a strong work ethic and a passion for real estate and a desire to build local relationships.

Responsibilities:

• Work collaboratively with the acquisition team members in evaluating potential investment opportunities, assist with due diligence and facilitate the process of onboarding new assets.
• Work closely with in-house property management team, third party property managers, brokers, consultants and attorneys to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis and approvals.
• Oversee and participate in quarterly, and annual reporting/valuations for clients and senior management.
• Negotiate third party contracts and oversee implementation of capital improvement and value-add programs within the portfolio.
• Monitor cash flow and budgets to maximize returns.
• Oversee hold/sell analysis and collaborate with other team members to make recommendations.
• Assist with special projects as needed.
• Travel may be necessary.

Requirements:

• BA/BS degree with strong record of academic achievement; graduate degree a plus.
• 5 years or more of multi-family real estate asset management experience preferred.
• Strong financial, oral and writing communication skills.
• Highly organized, detail oriented, and able to handle multiple projects in team settings.
• Proficient in Excel, Office, PowerPoint, Argus and willingness to adopt new technologies leveraged across the company’s portfolio.
• Highly driven, with a positive, solution-oriented attitude and strong interpersonal skills.
• Ability to think like an owner in all decision making.
• Entrepreneurial spirit with a willingness to do what is necessary.
• High level of confidence and comfort in dealing with brokers and partners.
• Ability to travel to properties.