Multifamily Asset Manager

Enclave Multifamily Asset Manager

At Enclave, we cultivate environments where our partners, team members, and communities flourish. Our very name reflects our essence - creating distinct spaces that inspire growth and success. As a unified real estate investment firm, Enclave brings together exceptional development, construction, and property management expertise to specialize in multifamily, industrial, and commercial developments across the Midwest and Mountain West.

The Multifamily Asset Manager leads asset strategy and performance management across Enclave's multifamily and mixed-use portfolio. This role partners closely with Property Management and cross-functional investment teams to execute property business plans, optimize revenue and net operating income (NOI), support forecasting and ownership reporting, guide capital planning, and advance leasing, tax, acquisition, stabilization, and value-creation initiatives.

Position Responsibilities:

• Operational & Financial Performance
• Partner with Property Management to develop, challenge, and execute annual operating budgets, capital plans, and property-level business plans aligned with return and value-creation objectives
• Lead monthly, quarterly, and annual performance reviews for multifamily and mixed-use assets; analyze budget variances, operating trends, risks, and opportunities, and track corrective action plans
• Drive revenue, occupancy, cash flow, and NOI optimization initiatives, including support for AI-driven revenue optimization tools, processes, and performance monitoring
• Prepare ownership reporting and asset performance analyses, including forecasts, reforecasts, and scenario analysis in collaboration with Property Management, Accounting, and other cross-functional partners
• Evaluate and prioritize CapEx investments based on financial returns, asset strategy, lifecycle needs, and operational impact; monitor execution and realized benefits
• Support acquisition analysis, property onboarding, and stabilization in collaboration with the Senior Acquisitions Manager and operating teams
• Proactively identify refinancing opportunities and support debt strategy, lender analysis, and transaction execution in partnership with leadership and finance
• Oversee a portfolio of approximately 20 to 35 multifamily assets under the company's operating model, adjusting portfolio coverage as asset complexity and business needs evolve
• Residential Leasing & Revenue Management
• Partner with the management teams to establish and execute property-level leasing, renewal, pricing, and resident-retention strategies aligned with each asset's business plan and performance objectives
• Analyze market rents, competitive positioning, loss-to-lease, lease trade-outs, concessions, lease terms, and unit-mix performance; recommend pricing and promotional adjustments to optimize occupancy and revenue
• Monitor occupancy, preleased percentage, availability and exposure, traffic, applications, conversion rates, move-ins, move-outs, notices to vacate, and renewal performance through internal dashboards and property reporting
• Oversee the effective use of revenue-management systems and processes, including review of pricing recommendations, overrides, exception reporting, and property-level adoption
• Establish leasing, renewal, and retention targets and partner with Property Management on corrective action plans when performance is below budget, forecast, or market benchmarks
• Evaluate property marketing strategy and lead-source performance, including cost per lead, cost per lease, conversion rates, digital marketing effectiveness, and return on advertising spend
• Monitor resident satisfaction, online reputation, retention, delinquency, and bad-debt trends and partner with Property Management to implement initiatives that strengthen the resident experience and financial performance
• Develop and monitor lease-up and stabilization strategies for new developments, acquisitions, and underperforming assets, including unit-release velocity, absorption, pricing, concessions, staffing, and marketing plans
• Conduct property and competitive-market visits to assess leasing execution, curb appeal, model and amenity presentation, unit readiness, service standards, and overall market positioning
• Property Tax Strategy
• Review annual property tax valuations and assessments and recommend and coordinate appeals as needed
• Partner with developer(s) to research and recommend real estate tax estimates during underwriting process
• Identify properties that could participate in tax savings programs such as 45-L and Cost Segregation studies
• ESG & Dispositions
• Identify, implement, and monitor ESG strategies for property operations
• Assist with gathering materials for buyer's review during potential dispositions

Qualifications:

• Bachelor's degree in business, finance, real estate, or another related field
• 3-5+ years of multi-family real estate experience, including progressive asset management responsibility and transaction experience across multiple product types; experience leading complex asset strategies preferred
• Demonstrated success developing and executing asset strategies that improve NOI, occupancy, cash flow, risk profile, and long-term asset value
• Ability to function in goal-driven, fast paced environments
• Demonstrated ability to independently lead complex workstreams, prioritize competing demands, influence cross-functional partners, and communicate recommendations to senior leadership
• Must be proficient with industry related software and computers
• Experience in strategy/management consulting covering financial services/wealth management space
• Continuous improvement mindset and highly motivated to achieve goals
• Advanced financial, analytical, and problem-solving skills with the ability to translate complex property, lease, and market data into clear recommendations and executive-level communication

Culture & Total Rewards Approach:

Why Join Enclave? When you become part of Enclave, you join a team of trailblazers in the real estate, construction, and property management industry. Our collaborative and fun-loving culture encourages you to thrive both professionally and personally. Our Core Values define what we say and do.

Care For Each Other: We value people for who they are and take pride in our relationships with team members, clients, and partners

Do The Honorable Thing: We are committed to upholding the highest standards in our words and actions

Be Empowered: We encourage true autonomy, which results in team members who are remarkably inspired and high-performing

Promote Innovation: We constantly reach further and don't accept the status quo to bring the best service and product to the marketplace

Total Rewards Approach:

Our salary ranges are established based on a combination of market data, internal equity, and the unique characteristics of our organization such as our size, revenue, and industry. Within the range, individual pay is determined by multiple factors including job-related skills, experience, and relevant education or training. At Enclave, we're proud to offer a comprehensive benefits package that supports your personal well-being, professional growth, and financial future.

Financial Wellbeing

Competitive pay with ongoing performance review

Role specific bonus potential and/or commission programs

401(k) with company match

Various supplemental insurance options

Employee referral program

Health & Wellness

Medical, dental & vision plans

Company-paid life & disability insurance

Health Savings Accounts (HSA) with employer contribution

Dependent Care Flexible Spending Accounts (FSA)

Mental health resources & employee assistance programs

Paid bereavement & parental leave program

Paid Time Off (PTO) plans, paid holiday and volunteer programs

Career & Culture

Tuition reimbursement and leadership development opportunities

Team-building and community engagement opportunities

Employee recognition programs

Supportive, values-driven work environment

Regular team member feedback surveys to drive workplace improvements

At Enclave, we build more than spaces—we build rewarding careers. Join a team where your growth is supported, your contributions are valued, and your future is invested in.