Multifamily Asset Manager

Job Description

Job Description

Prosperity Capital Partners, a high-performing real estate investment firm, is seeking a results-driven Asset Manager to join our growing team. This critical role demands a proactive leader with a proven ability to drive financial performance , oversee operational excellence , and manage multifaceted projects across a diverse real estate portfolio.

The ideal candidate is highly analytical, a confident decision-maker, and skilled in identifying both risks and opportunities that impact asset value and profitability. You’ll collaborate with on-site and regional teams, hold internal and external stakeholders accountable, and ensure strategic execution aligns with company standards and investment objectives.

If you're eager to work in a fast-paced environment where you can make a direct impact on a growing $400M+ portfolio—with plans to double in the next 36 months—we invite you to join a company built on performance, growth, and value creation.

Prosperity Capital Partners is a private equity firm located in Largo, FL of the Greater Tampa Bay area. In business for over 20 years, Prosperity believes in being forward-looking and creating a better future for our company, our investments, our investors, and the thousands of tenants and community members we impact at our multifamily assets.

At Prosperity, the Asset Manager team is the lifeblood of our operations. This role is responsible for the analysis and financial management of a portfolio of multifamily properties located in the Southeast. Ideal candidates must possess and exemplify strong leadership skills, project management, and strong communication skills while maintaining a teamwork mindset. Our Asset Management teams oversees our assets through regular correspondence with internal and external team

members, investors, our third-party on-site managers, regionals, corporate staff, and vendors, thus a teamwork mentality is crucial for this role.

Our Asset Managers are responsible for implementing our company business plans at each asset, adhering to company standards, managing, and driving financial and operational property performance, reviewing monthly and annual financial performance. The AM team completes annual budget reviews and approvals compared to underwriting, manages capital improvements projects, lender and investor reporting and ensures achievement of overall financial goals for each location. Consistent assessment of each asset's performance and subsequent adjustments for improvement are part of the daily operational responsibilities for each Asset Manager. As we grow with acquisitions, we rely on the insight and input of our AM team as part of the evaluation process for new investments and underwriting. Thus, an ideal individual is one who has the ability to see the overall high-level financial picture and possesses the ability to pivot between macro-management of projects and micromanagement, as needed for performance and achievement.

Our Asset Manager role requires someone who possesses strength in

both written and verbal communication and computer skills, exemplifies the ability to take strong initiative, is well-organized, detail-oriented, and able to communicate clearly with individuals or groups. Prior experience in property management and property management operating systems is a necessity.

This is an in-office position located in Largo, FL which is in the beautiful Greater Tampa Bay area and remote positions are not currently available. As we must inspect what we expect, this role does require up to 25% travel to assets based on the needs of the properties.

We offer a competitive salary based on professional experience, benefits, and administrative and team support. If you’re ready to join an active real estate team that can utilize your talents and help you establish a career with a fast-paced dynamic company, with room to grow, then we are looking forward to speaking with you!

Compensation :

$85,000 - $110,000 yearly

Responsibilities :

• Manages company complexes according to investment preferences and goals
• Meets with the CEO to assess asset status, needs, risks, goals, and progress
• Prepares financial statements, business activity reports, monthly and quarterly investment summaries and forecasts
• Develops, organizes, and maintains assigned portfolios
• Studies sub-market trends to maximize profits and identify growth opportunities while identifying potential challenges
• Supervises employees who assist in financial reporting and budgeting
• Coordinates with third-party property managers, regionals, and other third-party vendors
• Fosters and maintains positive team relationships
• Assesses financials monthly
• Review financial reports to find opportunities to reduce costs and hit performance targets
• Compiles and presents asset management reports to clients, supervisors, and senior executives
• Contributes to team efforts by accomplishing related tasks as needed

Qualifications :

About Company

We are a growing company in the multifamily space. Operating since 2003, we provide stability and continue to be in the top percentage of similar investment companies. We have $400 million in assets which will double in the next 36 months. Make an impact with your contribution and have the opportunity to advance in our firm! Health care benefits and 401k are available, join a team that is committed to improving the lives of our residents and the results of our investors! Our core values drive our daily decisions!

Core Values :