Multi Family Asset Manager

Cardone Capital - Aventura, FL

Cardone Capital has an immediate opening for an Asset Manager to join our dynamic real estate team.

New York Times bestselling author, Reality TV Show Host and International Sales Expert, Grant Cardone was the largest private investor in multi-family real estate in the State of Florida and has a portfolio of over, 4,650 units. Mr. Cardone, formed Cardone Capital with the mission to identify, acquire and manage income producing properties that provide opportunities for investors to preserve capital investments, collect consistent cash distributions while waiting for future capital appreciation on the assets.

Job Purpose (Job Summary):

The multifamily Asset Manager will actively work with the Cardone Capital multifamily team, reporting directly to the Chief Financial Officer in the oversight and management of various multifamily real estate investments with the overall goal of optimizing asset values. The Manager will play a role in developing and executing on both portfolio and property specific strategies, evaluating operational performance against relevant industry benchmarks, analyzing capital investment decisions and how they impact value, and facilitating preparation of required reporting deliverables.

Key Responsibilities / Duties:

Develop property/portfolio level operational strategies and analyze performance, capital projects and other relevant investment factors impacting asset values

Coordinate/review, present, and execute comprehensive annual business plans and budgets

Prepare Quarterly Reports and Financial statements

Assist in the review of valuation models and take part in the acquisition and disposition process, supporting due diligence efforts for select investments as directed

Manage the takeover of new assets and assure the smooth and successful transition into the portfolio

Communicate with third party property management, as well as appraisers, brokers, insurance and real estate tax consultants and other third-party providers

Act as a point expert in each market where properties are assigned, with a strong knowledge of competitive apartment communities, the development pipeline and other economic drivers that could impact asset performance.

Coordinate and facilitate lender compliance with third party property manager regarding debt covenants, providing financial information and monitoring the release of escrow accounts

Visit all properties within the portfolio on a regular basis to coordinate efforts with third party property manager

Skills / Other Personal Attributes Required:

Effective interpersonal, communication (verbal and written) and listening skills

Strong computer literacy including advanced level with Microsoft Excel, Word and PowerPoint

Excellent financial and analytical acumen with a thorough understanding of financial statements and reporting.

Experience working with loan agreements as well as present value concepts and financial terminology

Analytical problem-solving skills with capability to undertake detailed analyses and make well-reasoned, decisive recommendations

Demonstrated prioritization, organization and time management skills necessary to balance competing deadlines

Highly self-motivated with the ability to work effectively in a fast-paced environment

Qualifications:(minimum requirement to perform job duties)

Bachelor’s degree in business-real estate, finance or accounting

Post graduate education a plus

3 years of experience managing multi-family portfolio and/or commercial real estate is required

Property level experience is a plus

Working Conditions:

Some travel will be required for periodic asset management related property visits and select acquisition due diligence

Hours are Monday through Friday 9am-6pm with overtime as needed

Office location is Aventura, FL

Salary depending on experience

Parking is provided

Medical benefits and paid time off after trial period

To apply please replay with your resume and 60 second video telling us about yourself and your experience.

Job Type: Full-time

Salary: Depending Upon Experience