800.350.8061

Senior Asset Manager

Bethlehem, PA
Full-time
Salary: $45,000.00 to $60,000.00 /year


Title : Asset Manager

Reports to:CEO

Division: DLP Real Estate Partners

Location: St Augustine FL, Bethlehem PA, Jacksonville FL

Compensation: $45,000 to $60,000 starting salary + aggressive opportunity to grow

Benefits: Health, Dental & Vision Insurance, 401(k) with company matching, Voluntary Insurance; 3 weeks Paid Time Off, Holidays, Learning/Educational Incentives, Wellness Program, Flexible Work Schedule & Company Events.

DLP Real Estate Capital is the parent company of The Dream Live Prosper family of companies and includes:

DLP Realty– a leader in the single and multi-family real estate sectors of brokerage

DLP Capital Partners – fund management

DLP Real Estate Management– real estate management

Direct Lending Partners – private lending

Our Purpose: Dream. Live. Prosper. Passionately creating prosperity through Real Estate.

Our Mission: Lead and inspire the building of wealth and prosperity with our partners, through the execution of innovative real estate solutions.

Our Achievements:DLP Real Estate Capital has over $600 million in assets under management, and since our founding, has closed over 11,000 real estate transaction totaling more than $1.5 billion. DLP is currently ranked in The Wall Street Journal as one of the top 15 real estate teams in the country and has been on the Inc. 5000 list of fastest growing companies 6 years in a row.

If you share our core valuesand can drive results in a thriving and fast-growing company, DLP may be just what you’re looking for. While our company has grown to 300+ employees, our team approach welcomes contributions; you’ll be noticed and recognized while providing tremendous opportunity for growth and continuous learning.

We are looking for ROCKSTARSto join our collaborative team. Are you driven to greatness? If so, we may be a perfect match! If you feel that you have the drive, knowledge, skills, and experience to truly be successful in this role, we want to hear from you today!

Summary:We are looking for a Asset Manager to drive results in all aspects of asset management including but not limited to management of vendor accounts; contract bidding and administration, insurance management, monthly and quarterly reporting, and property budgeting.. You are responsible for monitoring investment & property performance, create long term management strategies and review all budgets. This position requires a strong background in Real Estate Asset/Property Management & Process Development. If you are RockStar with GRIT, motivation and drive… APPLY NOW!

What you have already accomplished:

  • Candidate must have a strong background in Real Estate Asset Management and/ or Analysis
  • Multi-family experience is required
  • Experience in creating budgets
  • Experience in producing investor reporting
  • Ability to hold property management accountable to achieving key metrics
  • Strong analytical skills
  • Lending / Capital markets experience is preferred
  • Appfolio Experience is preferred
  • Insurance experience is a plus

What you are great at

  • Perform bidding & management of vendor accounts; suppliers; and utility providers.
  • Monitor investment and property performance to preserve & increase value of investments
  • Creating budgets
  • Rent Market Studies
  • Control budget variance reporting and lead monthly cross-function variance meetings
  • Create and update valuation models
  • Assess performance of the assets relative to original underwriting strategies or business plans and industry benchmarks
  • Analysis of revenue; expenses; rental market surveys; granular month by month lease up strategy analysis
  • Collecting & analyzing actionalble data & metrics
  • Debt placement analysis
  • Calculating IRRs; cash flow; multiple partner water flows; etc
  • Preparing cash flow analysis
  • Underwritings assets utilizing company spreadsheets & tools

What You will Achieve in this role:

  • Assist in Completing budgets including jump-off analysis for all properties by the end of Q3 every year
  • Work with CEO & President to ensure on-time and 100% accurate reporting to investors, lenders and executive team
  • Assist in driving achievement of NOI & Key metrics
  • Reduce OpeX by 5% per unit across the portfolio
  • Attend all required meetings and contribute solutions
  • Will work proactively to provide solutions to improve the performance of the management company
  • Moderate travel required
  • Update analysis throughout DD process; debt placement; partnership structure changes; etc.
  • Collaborate w/ acquisition; disposition; and lending teams
  • Live up to DLP’s Core Values:
  • Driven4Greatness
  • Leadership
  • P*erseverance and Passion for Long-Term Goals: GRIT*
  • Enthusiastically Delivering WOW
  • Living Fully
  • Innovative Solution Focus
  • Twenty Mile March
  • Execution & Excellence

Who you will work with :

  • Director of Investments
  • Acquisition Team
  • CEO ; CFO; and COO
  • Senior Asset Manager
  • Director of Redevelopment
  • Director of Capital Markets

What you’re motivated by:

  • A fast pace. We’ve grown exponentially and new team members continue to join our DLP family.
  • Visionary, smart, and thoughtful CEOs. Ours is the kind of leader you read about, hope to work with, and learn from.
  • An executive leadership team that trusts each other, communicates effectively, and is committed to helping team members grow, both personally and professionally.
  • A culture focused on developing and investing in team members – coaching, training, and supporting each other.
  • Accolades:
  • We’ve been rated the # 1 RE Team in PA and NJ since 2013 and #9 Nationwide in 2017, by Real Trends and The Wall Street Journal
  • One of the fastest growing companies in the US by Inc. 5000 for 6 straight years and counting
  • Top Workplaces award winner by our employees for 4 straight years * Live the DLP Core Values:
  • Driven For Greatness
  • Leadership
  • P*erseverance and Passion for Long-Term Goals: GRIT*
  • Enthusiastically Delivering WOW
  • Living Fully
  • Innovative Solution Focused
  • Twenty Mile March
  • Execution & Excellence

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