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Asset Manager

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DLP Capital

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Location:
United States , Houston

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Category:
Real Estate

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Contract Type:
Not provided

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Salary:

Not provided
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Job Description:

The Asset Manager position is an integral part of the DLP Portfolio Management team, responsible for leading, managing & executing on a broad range of asset and investment related activities. Your role is to monitor and report on investment and property performance and partner in the creation of long term management strategies that increase the value of our assets. Our growing portfolio includes a specific approach to quality, desirable apartment homes in support of workforce housing, and new construction.

Job Responsibility:

  • Monitor investment and property performance to preserve & increase the value of the investment throughout the asset life.
  • Work with internal and external property management teams to drive asset performance in accordance with the approved budget and business plan.
  • Maintain business relationships with general partners/developers, management agents, lenders, contractors, and third-party consultants as it relates to the flow of relevant and timely asset related communication.
  • Provide accurate, thorough and well articulated timely investor reporting each month.
  • Assess performance of the assets relative to original underwriting strategies or business plans and industry benchmarks. Analyze data and present actionable recommendations to senior leadership on a monthly and quarterly basis, driving performance relative to the original underwriting strategies or business plans.
  • Work with joint venture partners, construction management, property management and accounting teams to ensure effective management of lender / construction draws, reserves and lender holdbacks within the assigned portfolio.
  • Hold third party property management companies accountable to business strategy and achievement of budget expectations through weekly performance update meetings, monthly reporting and ongoing communication.
  • Research and recommend innovative strategies and technologies that can drive performance and value to the portfolio.
  • Stay abreast of business and market trends and provide recommendations for expense savings and income opportunities.
  • Work closely with internal and external property management teams to review, approve, build and manage capital expenditures budgets for assets.
  • Perform financial analysis of properties including operating statements, budget variance review, loan administration, lease analysis, and any other relevant reporting or documentation.
  • Conduct regular property visits to ensure compliance with business plan, industry best practices, and to assess the general operational and capital needs of the property.
  • Review and gain understanding of legal documents such as loan agreements, guarantees, and promissory notes, and coordinate with the borrower and respective staff to ensure the loans remain in compliance.
  • Have an in-depth understanding of competitors within our target markets. Utilize this knowledge to drive performance of the properties within the assigned portfolio.
  • Work with property managers to develop a written, defined Success Action Plan for prompt turnaround of underperforming assets within assigned portfolios.
  • Perform other duties related to asset management as assigned or required.

Requirements:

  • Local to Houston, TX
  • Background in multifamily operations
  • Experience working with internal and external investment partners is preferred.
  • 3-5+ years of asset management experience overseeing repositioning, redevelopment, and heavy value-add properties.
What we offer:
  • Unlimited PTO
  • health/dental/vision/life insurance
  • 401(k) matching
  • parental leave
  • adoption services reimbursement/learning/educational incentives
  • Volunteer Time Off
  • well-being programs
  • company events
  • self improvement/productivity tools
  • the incredible feeling of making a difference.

Additional Information:

Job Posted:
May 04, 2026

Employment Type:
Fulltime
Work Type:
On-site work
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