Bozzuto is a nationwide, experience-focused real estate company committed to exceeding expectations. Our teams help deliver on that promise by providing insight, tools, training and creative solutions that support our people and strengthen our business. Whether you're supporting our people, places or processes, you'll find purpose in every project and the opportunity to shape what’s next. Across our business, every role contributes to creating seamless experiences for residents, employees and clients. Together, we collaborate, problem-solve and innovate to ensure Bozzuto continues to thrive and deliver extraordinary results.
Responsibilities
Bozzuto is seeing an experienced and motivated professional to join its asset management and capital markets team. The Asset Manager will be responsible for day-to-day oversight of the operations and ownership decision making for the properties within their portfolio. They will conduct annual budgeting, cash flow forecasting, financial modeling, market research, and preparation of investment memoranda to support and facilitate the value maximization of each property. This position will work with various Bozzuto teams, including Finance & Accounting, Property Management, Acquisitions & Development and Construction while reporting to a Senior Vice President.
As an Asset Manager, your primary responsibilities include:
- Ensure that the portfolio and individual communities meet the established operational, financial, and business performance goals of the Bozzuto and its joint venture partners.
- Analyze property financials to ensure financial success of properties and forecast future cash flows to investors.
- Prepare detailed written investment memoranda that synthesize the monthly, quarterly, and annual performance of the portfolio, market trends, and investment recommendations/business plan adjustments.
- Generate and maintain waterfall models for each investment from acquisition to disposition, based on each investment’s unique set of investors and partnership structures.
- Work with Bozzuto Management Company to develop and implement annual asset plans with strategies to maximize the portfolio’s performance and value.
- Manage large capital projects throughout the portfolio while managing vendors, consultants, and contractors.
- Interact with a variety of third parties including equity partners, lenders and investors in order to pursue opportunities aggressively and creatively while representing Bozzuto in an ethical and high integrity manner.
What You Bring To Us
- Undergraduate and/or Graduate degree in a relevant field with 5+ years of professional experience in multi-family real estate asset management, finance, brokerage, or another analytical role.
- Multifamily experience required; asset management experience preferred.
- Advanced skills in Microsoft Excel and financial modeling, including a strong understanding of real estate capital structures and experience with join venture and fund waterfalls.
- Strong interpersonal skills with the ability to work effectively on an individual basis and as part of a cross-functional team.
- Ability to present complex strategies and concepts to Executives with understanding, knowledge, and self-confidence.
- Excellent written and oral communication skills, including ability to articulate an argument clearly, logically, and concisely with supporting rationale.
- Outstanding attention to detail.
- Ability to manage multiple projects and priorities and handle tight timelines.
- Ability to exhibit and exemplify Bozzuto’s values of Concern, Creativity, Passion and Perfection.
- Competitive compensation.
- Health & wellness benefits. We offer coverage for medical, dental, and vision, including access to the best doctors at an affordable price.
- Paid leave. We provide 20 days of paid time off plus holidays.
- Retirement planning. We offer a 401k program with a company match.
- Tuition reimbursement. Plus, many other programs to support career development and growth.
Bozzuto is proudly an Equal Opportunity Employee.
