Summary:

Aker is seeking a results-driven Vice President of Asset Management to steer the financial and operational performance of a diverse portfolio of multifamily and commercial properties. The ideal candidate will be adept at navigating each project through the entire investment life cycle – acquisition, renovation, stabilization, and disposition – while ensuring rigorous reporting standards that exceed institutional equity and lender expectations.

Responsibilities:

Business Plan Execution: Spearhead value-add improvements, repositionings, and new developments across both multifamily and commercial assets, ensuring every project aligns with yield-on-cost (YoC) growth and target returns.
Portfolio Oversight: Oversee a large-scale, multifaceted portfolio, ensuring the smooth navigation of each project through its lifecycle. Collaborate with internal teams and external partners to guarantee seamless execution.
Investor & Lender Reporting: Lead the development of monthly investor letters, quarterly updates, and annual reviews, managing refinancings, lender due diligence, and sale processes. Present strategic updates to institutional stakeholders with clarity and confidence.
Data-Driven Insights: Monitor and evaluate financial performance, utilizing key metrics to inform strategic decisions. Oversee financial modeling processes, ensuring asset management models accurately reflect operational realities and trends.
Strategic Problem-Solving: Proactively tackle operational challenges by implementing timely, creative solutions that optimize returns.
Leadership & Collaboration: Mentor and lead a high-performing team of associates. Foster a collaborative, data-oriented culture while working closely with CXO, Property Management, Design, Construction, and Finance teams to ensure successful execution of business plans.

Minimum Qualifications:

Experience: 7+ years in real estate acquisitions and asset management, with direct oversight of multifamily and retail assets across large-scale portfolios (5,000+ apartments).
Lifecycle Expertise: Proven success managing assets from acquisition through renovation, stabilization, and disposition.
Institutional Experience: Strong background working with institutional investors and lenders, producing high-quality reporting with strong attention to detail.
Financial Acumen: Advanced proficiency in financial modeling, with expertise in key performance metrics, refinancing, sale processes, and investor distributions.
Problem-Solving Skills: Demonstrated ability to navigate complex operational challenges and drive profitability.
Communication: Exceptional presentation skills, with experience presenting to executives, institutional investors, and lenders.

Company

Aker is a collective of operators investing in cities that bridge urban living with the outdoors. www.akercompanies.com

Aker jobs

Vice President, Asset Management