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Asset Preservation Jobs (NOW HIRING)

The Engineer is a critical technical role responsible for the continuous operation, maintenance, asset preservation and repair of all complex building systems across the property. This position ...

The Engineer is a critical technical role responsible for the continuous operation, maintenance, asset preservation and repair of all complex building systems across the property. This position ...

Capital Planning & Asset Preservation * Oversee the Capital Expenditure (CapEx) budget, ensuring that renovations and Property Improvement Plans (PIPs) are completed on time, within budget, and ...

Capital Planning & Asset Preservation * Oversee the Capital Expenditure (CapEx) budget, ensuring that renovations and Property Improvement Plans (PIPs) are completed on time, within budget, and ...

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Asset Preservation information

What are some common challenges faced in an Asset Preservation role, and how can new hires effectively overcome them?

One of the most common challenges in Asset Preservation is managing properties across multiple locations while ensuring compliance with both client and regulatory standards. New hires may find it demanding to coordinate maintenance, repairs, and inspections within tight timelines. To overcome these challenges, it's helpful to develop strong organizational skills, communicate proactively with contractors and team members, and stay up to date on changing industry regulations. Leveraging digital property management tools and maintaining detailed documentation can also improve efficiency and accuracy in this role.

What are the key skills and qualifications needed to thrive in Asset Preservation, and why are they important?

To thrive in Asset Preservation, you need strong analytical skills, attention to detail, and a background in finance, real estate, or property management—often supported by relevant certifications or degrees. Familiarity with property management software, risk assessment tools, and compliance systems is typically required. Excellent communication, problem-solving abilities, and adaptability help professionals effectively manage assets and address client needs. These skills are crucial for safeguarding asset value, ensuring regulatory compliance, and maximizing returns for stakeholders.

What is asset preservation?

Asset preservation refers to the process of protecting and maintaining the value and condition of assets, such as real estate, equipment, or investments. In the context of property management or real estate, asset preservation specialists are responsible for securing, repairing, and maintaining properties, especially those that are vacant or foreclosed, to prevent deterioration and comply with legal or lender requirements. This may include tasks like winterizing homes, repairing damages, removing debris, and performing regular inspections. The goal is to safeguard the asset’s value for owners, lenders, or investors.

What is the difference between Asset Preservation vs Asset Management?

AspectAsset PreservationAsset Management
CredentialsCertifications like CFP, CPA, or real estate licensesCertifications like CFA, CFP, or CPA
Work EnvironmentFinancial institutions, real estate firms, or legal settingsFinancial firms, investment companies, or corporate settings
Industry UsageFocuses on protecting and maintaining asset valueFocuses on acquiring, managing, and growing assets

Asset Preservation and Asset Management are related financial roles but differ in focus. Asset Preservation emphasizes protecting and maintaining the value of assets, often involving legal or financial strategies. Asset Management involves actively managing and growing assets through investments and strategic planning. Both roles require similar credentials and are used in overlapping industries, but their core objectives differ significantly.

What are the most commonly searched types of Asset Preservation jobs? The most popular types of Asset Preservation jobs are:
What job categories do people searching Asset Preservation jobs look for? The top searched job categories for Asset Preservation jobs are:

Director of Facilities and Asset Preservation

Insite Property Solutions

Kirkland, WA • On-site

$120K - $130K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 13 days ago


Job description

At Insite Property Solutions, we are committed to delivering exceptional property management services with a focus on operational excellence, financial performance, and resident satisfaction. We manage a diverse portfolio of residential and commercial properties and are looking for a Director of Facilities and Asset Preservation to join our team.

We're proud to be recognized as the #9 Best Midsize Workplace by the Puget Sound Business Journal (PSBJ), reflecting our commitment to creating an exceptional workplace for our team.

Position Overview

The Director of Facilities and Asset Preservation is responsible for leading portfolio-wide asset preservation, preventative maintenance strategy, capital planning, capital project execution, vendor management, and facilities-related operational improvement across a mixed-use portfolio of approximately 2,500 residential units and 200,000 square feet of commercial space.

This role is focused on protecting the long-term value, condition, safety, and performance of Insite's residential communities and commercial assets. The position partners closely with leadership, property operations, asset management, accounting, site teams, and maintenance leadership to identify asset risks, prioritize capital needs, improve preventative maintenance practices, and use data to support long-term facilities decisions.

The Director of Facilities and Asset Preservation works closely with the Director of Maintenance, who remains responsible for overseeing day-to-day maintenance performance, including work order management, unit turns, and daily site support.

Key Responsibilities

Asset Preservation and Preventative Maintenance

Lead portfolio-wide asset preservation planning for residential and commercial assets.

Develop and manage preventative maintenance programs that protect building systems, extend asset life, and reduce emergency repairs.

Establish inspection standards, documentation expectations, and follow-up processes to identify asset risks, deferred maintenance, compliance needs, and capital priorities.

Use work order trends, inspection results, repair history, and asset condition data to identify recurring issues and recommend long-term solutions.

Partner with property operations, maintenance leadership, and site teams to ensure preventative maintenance practices are practical, consistent, and effectively implemented.

Travel regularly to communities throughout portfolio to conduct property inspections, assess asset conditions, and support preventative maintenance and asset preservation initiatives.

Capital Planning and Project Management

Lead short-term and long-term capital planning across the portfolio.

Evaluate property needs, building system conditions, inspection findings, operating data, ownership priorities, and financial objectives to recommend capital investment strategies.

Plan, budget, and oversee capital improvement projects and major repairs, including roofs, exterior repairs, mechanical systems, plumbing and electrical infrastructure, unit renovations, amenities, and other asset preservation projects.

Manage projects from planning through completion, including scope development, vendor selection, scheduling, execution, quality control, communication, and closeout.

Ensure capital projects are completed on time, within budget, and aligned with property needs, resident impact, and ownership objectives.

Vendor, Budget, and Safety Oversight

Develop and manage relationships with qualified contractors, service providers, and maintenance vendors.

Negotiate service contracts, pricing agreements, scopes of work, and project proposals.

Monitor vendor performance, maintenance-related expenses, capital spend, purchasing practices, and inventory controls to support cost efficiency and operational consistency.

Support annual property budgeting by identifying maintenance priorities, capital needs, deferred maintenance risks, and anticipated major repairs.

Ensure facilities-related work complies with applicable regulations, OSHA standards, housing codes, fire safety requirements, and company safety protocols.

Data, Systems, and Operational Improvement

Analyze work order trends, expense data, emergency repair frequency, recurring issues, vendor usage, and asset condition data to identify improvement opportunities.

Develop reports, dashboards, and performance tools that provide visibility into asset condition, capital needs, preventative maintenance completion, and facilities priorities.

Use data and maintenance management systems to improve planning, cost control, preventative maintenance execution, and long-term asset performance.

Support the implementation and optimization of maintenance management software, asset tracking tools, preventative maintenance systems, and operational reporting tools.

Qualifications

Bachelor's degree in Facilities Management, Engineering, Construction Management, Business, or a related field preferred.

Minimum of 5 years of maintenance management, facilities management, or construction project management experience, preferably in property management, multifamily housing, facilities management, or real estate.

Experience supporting maintenance or facilities operations across multiple properties or a large mixed-use portfolio, preferably including multifamily residential and commercial assets.

Strong experience in project management, building repair, preventative maintenance, asset preservation, and capital planning.

Extensive knowledge of building systems, maintenance best practices, OSHA standards, safety protocols, and regulatory requirements.

Demonstrated ability to use data, reporting, and analytics to improve planning, prioritization, cost control, and decision making.

Proficiency with maintenance management software and Microsoft Office Suite.

Must have reliable transportation, valid drivers license, and vehicle liability insurance.

Relevant trade, HVAC, OSHA, CAMT, CMM, or project management certifications preferred.

Essential Attributes

Strong leadership and cross-functional collaboration skills.

Ability to partner effectively with operations, maintenance leadership, site teams, vendors, and executive leadership.

Strong problem-solving abilities and attention to detail.

Excellent written and verbal communication skills.

Ability to operate effectively in a fast-paced, high-volume environment.

Ability to balance strategic planning with practical field-level execution.

Demonstrated commitment to safety, accountability, and continuous improvement.

Compensation

  • Pay Range: $120,000-130,000 per year. The placement within the range is based on factors such as prior property management experience, size of team, education/training, and work performance.
  • Bonus Potential: Quarterly bonus potential of 3.75% (total of 15% annually)
  • Retention Bonus

Benefits

  • Medical, dental, and vision insurance provided
  • Health Savings Account with monthly employer contributions
  • Employer paid life insurance and long-term disability insurance
  • Accrues Paid Time Off (PTO) each pay period for a total of 160 hours per year
  • Parental Leave
  • 11 paid corporate holidays
  • 401(k) with employer matching
  • Employee assistance program
  • Wellness Program with wellness allowance
  • Rental discounts
  • Training & career development
  • Referral program
  • Cell phone allowance
  • Car allowance

Work Location

  • In-person in Kirkland, WA and frequent travel throughout portfolio

Insite Property Solutions is an Equal Opportunity Employer.

All team members are expected to align with and contribute to Insite's values, policies and ethical standards as stated in Insite's Employee Handbook.