SVP, Asset Management (Residential)

About This Role

The Senior Vice President, Asset Management will lead all asset management activities for AJCP's residential platforms, driving asset and portfolio performance through strategic operating, capital planning, and value creation. This role involves partnering with third-party operators and internal teams to execute operational improvements and guide decision-making across the portfolio.

Responsibilities

• Provide senior-level oversight of all residential assets, including Memoir and Outpost portfolios.
• Act as the primary decision-maker for residential asset management, driving operating strategy and prioritizing initiatives.
• Partner with third-party property management and operating partners to drive efficiencies and improve performance.
• Lead asset-level and portfolio-wide operating reviews, budgets, and forecasts to improve NOI and long-term value.
• Drive operational improvement initiatives across the residential portfolio, including expense management and revenue optimization.
• Oversee and execute capital expenditure planning, approvals, and project oversight for renovations and repositionings.
• Address asset-level matters, including insurance, legal, regulatory, and risk management issues, with internal and external advisors.
• Provide asset management leadership in support of refinancing, recapitalization, and disposition activity.
• Oversee and leverage analytical support from asset management team members, ensuring high-quality financial analysis and reporting.
• Partner with the Investments team to provide asset-level input into underwriting, diligence, and business plan development for new acquisitions.
• Collaborate cross-functionally with internal teams to align residential asset strategy with broader firm objectives.
• Serve as the primary residential asset management liaison to joint venture partners, lenders, and other external stakeholders.
• Mentor and manage residential asset management personnel, setting priorities and developing talent.

Requirements

• 10+ years of relevant hotel operations experience
• Bachelor’s degree in Real Estate, Finance, Hotel Management, or related discipline
• Deep knowledge of residential industry trends, best practices, rules, and regulations
• Strong communication skills
• Demonstrated strength in analytical thinking, financial modeling, and both written and verbal communication
• Proficient in Microsoft Office, with high level of expertise in Excel
• Self-motivated, flexible, and detail-oriented

Qualifications

• Bachelor’s degree in Real Estate, Finance, Hotel Management, or related discipline
• 10+ years of relevant hotel operations experience with extensive experience in residential operations, real estate, and investment strategy.

Skills

* Required skills

Benefits