Job Description

Job Title: Asset Manager

Location: Remote

Salary: $130,000-$155,000

Skills: Turnaround Asset Management, Distressed Assets, Value-Add Strategies, Financial Analysis, Property Management

About the Real Estate Company / The Opportunity:

Seize the opportunity to lead the recovery and repositioning of complex real estate assets for a forward-thinking organization in the real estate industry. As an Asset Manager specializing in distressed assets, you will play a pivotal role in restoring value and stabilizing performance across a portfolio of underperforming or distressed multifamily, commercial, and mixed-use properties. This remote position requires extensive travel nationwide, direct engagement with senior leadership, and the chance to drive meaningful impact through expertise in operational execution and financial oversight.

Responsibilities:

• Conduct deep financial and operational reviews of distressed properties to diagnose causes of underperformance.
• Evaluate rent rolls, occupancy, expense trends, tenant quality, and market positioning to develop effective turnaround strategies.
• Create and implement comprehensive asset recovery plans, including leasing initiatives, expense controls, capital improvements, and management changes.
• Lead repositioning efforts for value-add assets with renovations, amenity upgrades, and rebranding.
• Partner with leasing, property management, and capital project teams to optimize rent pricing, marketing, and tenant retention.
• Monitor day-to-day property operations, recommending staffing changes, process improvements, and vendor renegotiations.
• Prepare and present asset updates and financial reports to leadership and external partners.
• Oversee CapEx planning and support refinancing, sale preparation, or recapitalization as assets stabilize.

Must-Have Skills:

• 4+ years of experience in real estate asset management, specifically dealing with distressed asset turnaround
• Strong proficiency in financial modeling
• Ability to lead cross-functional teams and enact influence
• Bachelor’s degree in Real Estate, Finance, Business, or related field.

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