Director of Asset Management - Multifamily

Director of Asset Management
Report to: VP of Asset Management, Elevate Property Partners 
Location: Downtown Dallas, TX | Travel: 20–25%



About Elevate Property Partners
Elevate Property Partners is a nationally recognized real estate investment and management firm focused on delivering value across multifamily communities. We are committed to innovation, operational excellence, and creating long-term growth for our residents, partners, and team members.

We are seeking an experienced and strategic Director of Asset management to join our high-performing team. This role will support the VP of Asset Management and play a key part in driving the performance of a15,000-unit national multifamily portfolio, with direct influence on value creation, operations, and investment strategy.

This is a unique and high-visibility role in a competitive industry, offering the opportunity to make an outsized impact while working alongside top leaders in the field. 

Responsibilities

• Serve as a key member of the asset management team with direct impact on portfolio performance.
• Analyze market performance and multifamily operations to identify opportunities and underperformance.
• Partner with marketing, revenue management, accounting, capital, and operations to formulate and execute strategies that maximize portfolio value.
• Review weekly/monthly reporting and analytical tools to identify trends, benchmark performance, and recommend solutions.
• Apply a value-oriented approach to each asset, including revenue generation strategies, capital allocation, and operational efficiencies.
• Build and maintain strong relationships with operating partners; resolve issues and conflicts internally and externally.
• Conduct property site visits to assess physical condition, diagnose performance challenges, and recommend improvements.
• Collaborate with the Capital Expenditures team to assess property-level needs and develop both short- and long-term capital plans.
• Monitor market trends for opportunities such as renovations, expansions, or repositioning projects.
• Play an active role in developing annual operating and capital budgets, as well as reforecasting as needed.
• Support acquisition underwriting and due diligence by providing leasing assumptions and market intelligence.
• Evaluate and implement new products and services aimed at driving revenue, reducing costs, or improving efficiency.
• Mentor and develop junior analysts on the team.

Additional Transition Responsibilities:

• Oversee monthly and annual cashflow projections between Operations and Accounting.
• Develop annual capital plans, monitor progress, and ensure execution by operators.
• Track litigation and risk issues for each asset, ensuring timely resolution.
• Maintain updated market analyses in collaboration with operations and revenue management to achieve occupancy and revenue goals.
• Coordinate stakeholders during new acquisition transitions.
• Lead rollout of revenue-generating initiatives, monitor results, and report on performance.

Qualifications

• Bachelor’s degree in Business, Finance, Real Estate, or related field.
• 7+ years of experience in acquisition or asset management for large-scale portfolios (5,000–7,000+ units) with mixed-use retail across major MSAs.Minimum 4 years in multifamnily asset management. 
• Strong working knowledge of real estate principles, including operations, financial analysis, budgeting, reporting, ROI analysis, cash management, and accounting.
• Ability to interpret market trends, competitive surveys, and third-party reports.
• Familiarity with investment due diligence and providing market-based leasing assumptions.
• Excellent interpersonal and communication skills, with the ability to explain complex issues clearly.
• Demonstrated leadership ability, with experience mentoring and developing team members.
• Proven ability to thrive in a fast-paced, dynamic environment with evolving priorities.
• Based in Dallas, with ability to travel 20–25%.
• Ideal candidate brings a balanced background in both finance and operations (approximately 75% finance / 25% operations or 50/50)