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Gillian Executive Search, Inc. - recruiters in real estate development, construction and architecture

The Associate Manager – Renovations will be primarily responsible for overseeing a small portfolio of unit renovations consisting of approximately 10-25 communities, as well as responsibilities involving the due diligence, strategy development, investment planning, and project management of value-add apartment community investment. Duties will include but not be limited to: assessing physical asset conditions, evaluating sub-market rent repositioning opportunities, developing and overseeing execution of investment plans, leading project teams of design professionals, 3rd party operators, general contractors/vendors ensuring the success of investment projects, assisting with the review of annual budgets and quarterly reforecasts (related to redevelopment and renovation initiatives), and additional ad-hoc investment analysis and project management as needed.  Geographic focus is east coast region (FL, GA, SC, NC). The position’s main focus is to alleviate Director’s current load of 112 ROI communities, ultimately having about 25 ROI properties of their own while under the regional Directors  wing.

Position can be place in Florida (preferred), Georgia (preferred) but will also consider candidates in TN, NC, SC and VA. 

Only read further if you are:

  • Kind
  • Humble
  • Honest
  • Relentless
  • Smart with Heart

You should be:

  • Authentic. You do you. Together, we’ll do something amazing.
  • A passionate person with a love for real estate and investing; and believes that helping others win is a noble cause, essential to Their success.
  • An excellent team player who enjoys working with others and has strong interpersonal skills.
  • Highly motivatedenergetic, and organized
  • Gumby. Things change.

What you will do:

The qualified individual will work as an integral part of the Development team to perform the following job functions:

  • Support evaluation of physical condition of assets and recommend customer driven value-add renovation scope(s) to enhance form and function of physical space.
  • Evaluate trended submarket conditions and recommend incremental revenue opportunities.
  • Partner with Director/VP on developing clear vision for the asset’s highest and best use, mkt position, and competitive advantage.
  • Supporting and even prepare written value-add investment plans for inter-company coordination as well as operator execution. Plans are put in motion soon after acquisition of the asset and are updated quarterly.
  • Working in tandem with asset management, construction services, FP&A, marketing, and pricing continually assess and refine performance of renovation execution.
  • Work with analysts on managing reporting and participate in review of ROI and expense budgeting, quarterly reforecasting; contributing to the monthly/quarterly financial review processes as it relates to renovations activity.
  • Support process improvement initiatives using analytics (trend analysis, variance analysis, etc.) as it relates to managed initiatives.
  • Joining in preparation of market surveys and financial proformas.
  • Potential for assistance to redevelopment managers and directors in project managing small-scale redevelopment and marketing path enhancements within the region.

 

(QUALIFICATIONS)

 

What you should have:

Required:

  • A minimum of 5 years work experience in some combination of the following: real estate development/redevelopment, architecture/design, construction services, asset management, or acquisitions. Preferred experience in areas specific to the multifamily sector.
  • Evidence of ability to take on projects and move them forward without close supervision.
  • Strong analytical skills and ability to produce and effectively evaluate performance reports
  • A strong work ethic, the strength to thrive in a dynamic and demanding work environment, and an ability to meet critical deadlines.
  • Strong critical thinking skills and the ability to make confident business decisions under tight deadlines.
  • Strong real estate investment knowledge (multifamily preferred).
  • Strong oral and written communication skills. Interaction with personnel at all levels will be required
  • Ability to assess investment risk quickly and effectively.
  • Agility in making appropriate adjustments to scopes/specs/production volumes/price as required.
  • Ability to travel 50-75% (within 2-3 weeks each month; 1-3 days each trip typical.)
  • Dynamic cognitive skills
  • Spatial awareness
  • Ability to travel 50-75% (within 2-3 weeks each month; 1-3 days each trip typical.)

Preferred:

  • Prior experience with investment modeling, budgeting/forecasting and underlying drivers of operational, financial and cash flow performance.

  • Multifamily operating system experience is preferred (Yardi, RealPage OneSite, Revenue Management Systems such as YieldStar and LRO, etc.)

  • Multifamily research experience is preferred (Axio, REIS, MPF, CoStar, PPR, Real Capital Analytics, etc.)
  • Experience working at a publicly traded real estate, institutional financial services, or public/private equity firm preferred. In addition, experience in REIT performance metrics and reporting preferred.
  • Bachelor’s degree in economics, architecture, engineering, business, finance, from top tier school preferred.

Compensation: call to discuss


    • Job type: Permanent
    • Location: GA, FL
    • Date posted:
    • Salary:$85000 - $115000