Director of Asset Management

Director of Asset Management Company AREY Group Department AREY Investments Reports To Chief Investment Officer Employment Status Full-Time FLSA Status Exempt Location Macon, GA/Remote POSITION SUMMARY AREY Group is looking for a Director of Asset Management who keeps things on track and builds a team that does the same.

The right person is detail-oriented, organized and timely, a self-starter who takes ownership of results from start to finish and doesn’t need to be reminded of a deadline. They are resourceful and willing to dig in alongside the team, they develop others to deliver the same standard, and they know how to use AI and other tools to help the team work faster and do more.

In return, they will join a fast-paced, collaborative team with real opportunity to grow professionally. ABOUT AREY GROUP We are AREY Group, we provide full-cycle development, ownership, and management of student housing and multifamily communities and we are growing by the day. Our mission is to develop and steward real estate that delivers generational impact for the communities, partners, and people we serve.

We Prioritize People and Provide Solutions in our pursuit to see every team member reach their personal, professional, and financial goals through the work we do together. Our core values are the backbone of our business and guide our hiring process: we Prioritize People, Provide Solutions, have a Passion for Continuous Improvement, and Pursue the Second Mile.

PERFORMANCE OBJECTIVES Reviews monthly operating results against budget and underwriting, explains variances above $5,000, reports KPIs, Cap. Ex progress and risks at the bi-weekly Investment L-10, including a monthly portfolio KPI scorecard, escalates risks, legal issues and material investor events to the CEO and CIO early with recommendations and mitigation plans, and ensures stakeholder communications are answered within 24 hours and property records stay audit-ready.

Collaborates with the VP of Operations, Accounting, property management and Regional Managers, reviews the weekly leasing, monitors and gives feedback at bi-weekly Property Management L-10s, analyzes monthly delinquency, maintenance, reputation, market rents and pricing to grow NOI and close gaps against each asset’s budget, and makes quarterly visits to select communities.

Serves as the owner’s liaison to lenders, tracks loan covenants and deadlines, ensuring quarterly compliance reporting and covenant projections are complete and on time and that loan payments, reserves, escrows and controlled accounts, along with related reimbursements and commissions, are verified; oversees property tax assessments and appeals, including the final decision to appeal; and ensures insurance coverage is checked against loan requirements.

Reviews and finalizes quarterly investor reports and approves the distribution calculations before sending them to CEO and CIO approval. Leads Asset Management’s input into the annual property budget cycle, including spending and Cap. Ex, loan costs and commercial income, and reviews each budget against the asset’s business plan; oversees the annual review of vendor contracts and Property Management Agreements, recommending changes or renewals (the VP of Operations executes vendor contracts, and the CEO signs Property Management Agreements).

Builds multi-year capital plans tied to each asset’s business plan and oversees Asset Management Cap. Ex and value-add construction projects, tracking on-time and on-budget delivery and ROI against pro forma; approves and signs contracts, and oversees the Real. Page approval step for Cap. Ex over $5,000. Leads hold, sell and refinance strategy for each asset, including quarterly reviews supported by scenario and sensitivity analysis, and leads refinancings and dispositions from BOVs through marketing, offers, due diligence and closing; presents recommendations to the CEO and CIO for final decisions and selecting the lender.

Supports acquisitions and development by leading and validating underwriting, due diligence, Cap. Ex and operating assumptions, builds post-close business plans for new assets, and oversees design firms for acquisitions; oversees commercial lease negotiations through execution (the CEO signs) and acts as the owner’s liaison to commercial brokers and to counsel on tenant defaults.

Sets quarterly Asset Management projects with the investment department. Serves as the primary liaison between Investment and Operations, balancing the needs of leadership, the team and shared services and resolving conflicts constructively; builds the SOPs, reporting tools, dashboards and feedback loops that let the team repeat its results and works to increase property values and investor returns across the portfolio.

Performs other duties as assigned. KEY COMPETENCIES Advanced financial modeling skills, with the ability to build and review dynamic cash-flow models, sensitivity tables and scenario analysis for operations, debt scenarios, refinances and new projects. In-depth expertise in real estate investment and asset management, including commercial, student housing and multifamily valuation, underwriting, pro formas, capital structures, loan documents and covenants, joint-venture and operating agreement provisions, and the investment lifecycle.

Strong financial acumen, with the ability to read financial statements, perform variance analysis, and connect operating results to NOI, cash flow and returns. Sound strategic judgment, using profitability analysis and statistical methods to identify trends, risks and opportunities, weigh competing portfolio needs, and turn them into practical recommendations that create value across the portfolio.

Excellent written and verbal communication skills, including concise owner’s reports, investment decks and market updates, and the ability to present complex financial information clearly and confidently to investors, lenders, executives, on-site teams and large groups. Cross-functional leadership that builds productive relationships and uses negotiation and influencing skills to gain agreement on budgets, strategies and transactions with property management, Operations, Accounting, acquisitions, lenders and equity partners, balances the needs of leadership, team members and shared services, and defuses high-tension situations while being both direct and diplomatic.

Strong organization and project management, with the ability to orchestrate multiple activities at once, accurately scope the timeline and difficulty of work, and use resources effectively to deliver accurate reports, budgets and loan abstracts on deadline across the portfolio in a fast-paced environment. Proficiency in Microsoft Office (especially Excel and PowerPoint), Real.

Page, Co. Star and Business Intelligence tools; familiarity with Access, SQL or Business Objects is a plus. Strong leadership: coaches team members to grow, gives transparent feedback in a caring and helpful manner, regularly reviews performance against goals, designs feedback loops into the work, adapts communication to each team member’s style, and duplicates their own success through the team.

EDUCATION

& EXPERIENCE Required Bachelor’s degree in finance, real estate, accounting or a related field At least 7–10 years of experience in real estate asset management and/or acquisitions, with a focus on commercial or multifamily properties Proven experience in a quantitatively heavy role, including advanced Excel financial modeling Experience with accounting and property management software Demonstrated track record of NOI growth and capital event execution (refinances, dispositions or acquisitions) Experience supervising, coaching and developing team members Preferred MBA or master’s degree in finance, real estate or a related field, or relevant industry designations Experience with multifamily and student housing assets Real.

Page, Co. Star and Business Intelligence experience Familiarity with data query and management tools (Access, SQL, Business Objects) Experience preparing investor reports and working with equity partners and lenders Experience with fund-level analysis, investor waterfall mechanics, and joint-venture or operating agreement compliance PHYSICAL REQUIREMENTS This is primarily a sedentary office role, with occasional visits to residential communities and limited travel.

The demands below describe what is generally required to perform the essential functions; reasonable accommodation may be made to enable individuals with disabilities to perform them. Position may require travel: up to 20–40%. Work environment: climate-controlled, well-lit office with standard office equipment; the office is reached through a parking garage with doors and elevators.

When visiting properties, noise levels and conditions vary by setting and activity. Computer and office work: remains in a stationary position for extended periods while using a computer, phone, and other office equipment; operates a keyboard, mouse, and similar controls. Communication: exchanges detailed information accurately with employees, residents, vendors, and outside stakeholders in person, by phone, and in writing.

Mobility: moves about the office and, during property visits, around buildings, grounds, and units, which may include stairs, uneven surfaces, and reaching or bending to inspect conditions. Lifting: occasionally moves or transports items weighing up to 25 pounds. Visual and cognitive demands: reviews and interprets reports, financial statements, and on-screen data, and observes physical property conditions; manages multiple priorities under monthly and quarterly deadlines.

BENEFITS

Salary - $150k - $200k Medical Insurance Dental Insurance Vision Insurance Life Insurance Short Term Disability Long Term Disability Cellphone Stipend Paid Time Off Education Reimbursement COMMITMENT TO DIVERSITY As an equal opportunity employer committed to meeting the needs of the multigenerational and multicultural workforce, AREY Group recognizes that a diverse staff, reflective of our community, is an integral and welcome part of a successful and ethical business.

We hire local talent at all levels regardless of race, color, religion, age, national origin, gender, gender identity, sexual orientation, or disability, and actively foster inclusion in all forms both within our company and across interactions with clients, candidates, and partners. If this position caught your eye, please send your resume and include the job title and source where you found this position in the subject line of your email to careers @areygroup.

com. Already an AREY Group candidate? Please contact your recruiter to discuss this opportunity. The company is an Equal Opportunity Employer, drug-free workplace, and complies with ADA regulations as applicable.