Asset Manager

Title: Asset Manager

Reports To: Regional Director

Sentinel Real Estate Corporation is an independently owned real estate investment management firm established in 1969, with a long history of institutional multifamily ownership and a vertically integrated platform that includes all phases of the investment process, including on-site property management. The firm manages a substantial portfolio of multifamily and commercial real estate assets on behalf of domestic and international institutional clients.

The Asset Manager is responsible for overseeing the operational, financial, and strategic performance of an assigned portfolio of multifamily properties. Working closely with Regional Directors, District Managers, Portfolio Management, and other internal teams, this role helps ensure that each property is operated in accordance with Sentinel’s asset plans, investor objectives, residential policies and procedures, and long-term value creation goals.

The ideal candidate will be a motivated self-starter with strong people skills, sound judgment, and the ability to think critically and solve problems. This role requires someone who is comfortable taking on a broad range of responsibilities, producing high-quality work, and collaborating across functions to deliver superior results. The Asset Manager should bring sound financial and accounting skills, including experience reviewing operating budgets, maintaining budget discipline, evaluating asset and business plans, and overseeing property performance against approved budgets. The candidate should be willing to share ideas and approaches, bring relevant expertise and perspective to the team, and continue developing a strong knowledge of asset management in an environment that supports professional growth. A hands-on approach, relationship-building ability, and willingness to “roll up your sleeves” and embrace new technologies are essential.

Responsibilities

Leadership and Team Oversight

· Coach, train, and supervise District Managers, providing guidance on property operations, team leadership, performance management, and the effective management of on-site teams.

· Oversee the hiring, development, and coaching of General Managers for each property, ensuring they are effectively managing, motivating, and developing their property teams in accordance with established guidelines.

· Provide coverage for the district positions in their absence.

· Follow directives of the Regional Director.

Asset Planning, Financial Performance, and Reporting

· Review and submit annual budgets prepared by District Managers. Prepare and submit the annual asset management plan. Budget and asset management plans address preventive maintenance of properties and recommend capital programs necessary to properly maintain the asset.

· Monitor property operations to ensure property performance is achieving investor objectives as presented in the asset plan.

· Review property financial performance and prepare monthly, quarterly, and annual variance and investor reports as required.

· Review and approve property invoices for payment in accordance with established operating and budget guidelines.

· Support Portfolio Management by meeting with investors as requested.

Property Operations and Compliance

· Operate all properties within the Residential Property Policies and Procedures Manual guidelines.

· Establish and review resident screening and qualifying criteria.

· Conduct regular property inspections of assigned properties, directing corrections through the District Manager.

· Review property audits and, in conjunction with the District Manager, confirm corrective action.

· Address resident concerns as they arise.

· Recognize management or operational problems and develop solutions.

· Ensure compliance with sustainability reporting requirements and the Company’s sustainability objectives.

Market Strategy, Marketing, and Technology

· Approve and oversee all property marketing material.

· Monitor new construction in the market while reviewing other market changes that could affect the operations of the properties.

· Monitor local market conditions and develop strategies to enhance asset values for each property.

· Assist in implementation of new technologies.

Capital Projects, Transactions, and Vendor Management

· Approve and supervise all major capital projects as required.

· Manage acquisition operational due diligence process. Assist the transaction officer with dispositions including buyer due diligence, gathering information for property dispositions, and closing preparation.

· Direct the establishment of property operations for new acquisitions.

· Review and approve vendor contracts to ensure re-bids each year secure competitive pricing.

Requirements

· Asset management experience, preferably working for an institutional owner or real estate advisor

· 7+ years of related experience preferred

· Strong financial and analytical skills

· Yardi, Excel, Word

· Effective written and oral communication skills

· Must be comfortable implementing new technologies and working with AI

· Professional designation(s) a plus

· Valid driver’s license

· Bachelor’s degree, MBA preferred