NMHC logo

The Professionals’ Choice for Real Estate Jobs
  1. Home
  2. Find Jobs
  3. Asset Manager

Asset Manager

Full Time
Work Place
Part Remote
Real Estate Field
  • Asset / Portfolio Management
New York
Postal Code
United States

This job is no longer active.


Asset Management Duties

  • Business Plan Preparation & Execution
    • Prepare and maintain quarterly asset manager reports and oversee preparation of monthly reporting package in coordination with accounting team for each property
    • Monitor budget versus actuals, understand any variances
    • Review annual expense reconciliations and true-up process
    • Update cash flow models for material changes (new leasing, capital and market assumptions)
    • Monitor construction progress and include updates in asset management reports


  • Property Management
    • Oversee property managers regarding all aspects of daily operations, including, but not limited to capital projects and tenant improvements consistent with local codes and in compliance with lease and work letter agreements, approval of vendor contracts, and interfacing with local authorities when necessary. Includes routine physical inspections of the properties
    • Oversee Property Managers, Property Operations and Capital Plans
    • Attend weekly/monthly property management and leasing meetings
    • Assist in developing annual operating and capital budgets


  • Operations
    • Seek out opportunities to increase NOI by reducing operating expenses and increasing revenues
    • Develop a working knowledge of leases, loan documents and other agreements for general responsibilities, insure all property level data is accurately tracked
    • Interface with loan services and ensure loan compliance
    • Review and manage real estate tax assessments and appeal processes
    • Diligent understanding and pursuit of tenant arrears; develop a response and recommendation to tenant collection matters and defaults
    • Coordinate due diligence, tenant estoppel and SNDA processes for acquisitions, dispositions, and financings

Job Functions

  • Asset Management
  • Communications
  • Financial Analysis

Job Sector

  • Office


2+ to 5 years

This job is no longer active.