Manager, Asset Management
New York City, New York ;ABOUT GREYSTAR
Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in nearly 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages over 1,000,000 units/beds globally, and has a robust institutional investment management platform comprised of nearly $78 billion of assets under management, including over $35 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
JOB DESCRIPTION SUMMARY
JOB DESCRIPTION
Champion the implementation of investment strategies, programs, and initiatives that align with Greystar’s growth goals.
Identify and pursue new investment opportunities, lead due diligence, structure financial proposals, and manage transitions of newly acquired or developed assets.
Partner closely with property management to develop and lead lease-up strategies for new developments.
Drive market positioning, pricing strategy, and outreach campaigns to ensure successful stabilization and revenue performance.
Serve as the primary point of contact for equity partners, delivering portfolio insights, financial reports, and market updates.
Act promptly to address partner concerns and strengthen long-term client satisfaction.
Conduct ongoing reviews of asset performance, identify potential risks or underperformance, and deliver actionable recommendations to enhance returns.
Maintain compliance with debt/equity obligations and monitor investment performance using DCF modeling and forecasting tools.
Implement initiatives that improve property-level performance, reduce expenses, and increase NOI.
Collaborate with Development and Construction teams to ensure smooth asset delivery and completion of capital improvement projects.
Lead and mentor a high-performing team of Analysts and Associates.
Foster a culture of accountability, collaboration, and continuous development.
Qualifications
5+ years of multifamily asset management experience, including a proven track record in lease-up strategy and execution.
Bachelor’s degree in Finance, Business, Real Estate, Economics, or a related field.
End-to-end experience supporting real estate development projects, from concept through delivery.
Strong communication and interpersonal skills with the ability to build trust with internal and external stakeholders.
High financial acumen, advanced modeling skills, and deep understanding of real estate finance.
Strategic thinker with the ability to analyze market trends and translate them into portfolio-level success.
A leadership mindset: you define vision, inspire performance, and elevate your team.
This role can be based in Boston, MA, or New York City (NYC). If based in NYC, frequent travel to Boston, MA is required.
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Additional Compensation:
Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.
Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.
Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.
Robust Benefits Offered*:
Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
401(k) with Company Match up to 6% of pay after 6 months of service.
Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
Employee Assistance Program.
Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
Charitable giving program and benefits.
*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.
Greystar will consider for employment qualified applicants with arrest and conviction records.
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