Company Overview:
RREAF Holdings is a vertically integrated real estate investment, development, and management firm with a strong presence in value-add multifamily assets. With in-house property management and construction management teams, RREAF executes comprehensive business plans to reposition assets, drive performance, and deliver strong returns to its investors. RREAF's portfolio spans the Southeast/Sunbelt region, and is continuing to expand its footprint in this area.
Position Summary:
The Multifamily Asset Manager will be responsible for maximizing the performance of a portfolio of value-add multifamily properties by executing business plans, driving operational efficiency, and collaborating closely with our internal property management and construction teams. The ideal candidate brings a blend of strategic thinking, operational oversight, and financial acumen in a hands-on, vertically integrated environment.
Onsite: 100% - Dallas Location
Travel: Asset visits at least 3x per year
Key Responsibilities:
- Oversee and drive the execution of asset-level business plans, including unit renovations, amenity upgrades, and operational improvements to increase asset value.
- Collaborate regularly with in-house property management and construction management teams to ensure alignment on project timelines, budgets, leasing strategies, resident experience, and operations initiatives.
- Track performance against pro forma and budgets; analyze property-level financials, identify variances, and recommend corrective actions to improve NOI and investment returns.
- Manage capital projects in coordination with internal construction managers. Monitor costs, schedules, and ROI for unit renovations, common area upgrades, and deferred maintenance.
- Monitor rent growth, leasing velocity, occupancy, and market comps to implement pricing strategies that maximize rental income and asset competitiveness.
- Prepare and present quarterly, annual and ad hoc performance reports, including variance analyses, KPI dashboards, and asset reviews to ownership and capital partners.
- Conduct regular property visits to review operations, inspect construction progress, and engage with on-site teams. Ensure consistent standards across the portfolio.
- Assist with hold/sell analyses, refinancing scenarios, and long-term asset strategy recommendations in collaboration with acquisitions and capital markets teams.
Qualifications:
- Bachelor’s degree in Accounting, Finance, Real Estate, Business, or a related field (MBA or Master’s a plus).
- 2-3+ years of asset management, analyst or regional property management experience with exposure to value-add multifamily properties.
- Experience working in a vertically integrated firm with internal property and construction management preferred but not required.
- Strong understanding of accounting, real estate finance, CapEx execution, leasing strategies, and operational KPIs for multifamily.
- Proficient in Microsoft Excel, Powerpoint, Word, Teams, Outlook, property management systems (e.g., Yardi, RealPage. AppFolio, Entrata), and project tracking tools.
- Strong interpersonal skills and ability to work across departments in a fast-paced, entrepreneurial environment.
- Willingness to travel to asset locations as needed.
Compensation & Benefits:
- Health, dental, and vision insurance
- 401(k) with company match
- Generous PTO and paid holidays
