Description
Asset Manager
Pioneer's primary business model is to purchase, renovate and stabilize vintage apartment buildings to meet the demands and tastes of today's renters and position the assets for long-term appreciation.
Pioneer is seeking an Asset Manager to join its team overseeing Chicago multifamily investments and expansion into new markets. The position will be located in Rye, NY, but a hybrid work schedule will be considered. The position will report directly to Pioneer's principals.
Responsibilities:
- Quarterly reporting to lenders on each of Pioneer's approximately 50 properties.
- Analysis of financial performance relative to lenders' debt service covenants.
- Quarterly reporting to investors on each of Pioneer's properties.
- Quarterly investor letter providing and update on performance and status of each property.
- Oversee refinancing of multiple properties each year, including most interaction with lenders throughout the refinance process.
- Assist in the underwriting and financial due diligence process related to acquisition and disposition of multifamily properties,
- Manage ongoing renovation projects including budgets, schedules and construction draws from lenders.
- Analyze and review annual operating budgets and capital plans.
- Assist with research of new markets for Pioneer's expansion.
- Travel and tour multifamily properties as required (<10%).
Requirements:
- 2-5 years of relevant work experience.
- College degree with completed coursework in finance, accounting and/or related fields.
- General finance, accounting, leasing, and capital markets understanding.
- Extensive experience with financial modeling.
- Ability to collaborate with colleagues and communicate clearly and accurately to investors.
- Excellent interpersonal and writing abilities.
- Strong attention to detail.
Job Function
Not specified
Job Sector
Not specified
Experience
2+ to 5 years
This job is no longer active.