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Asset Property Manager Jobs in Indiana (NOW HIRING)

Cressy

Commercial Property Manager

Indianapolis, IN · On-site

$70K - $82K/yr

This role is responsible for maximizing asset value, maintaining strong tenant and client relationships, managing property operations, and ensuring financial objectives are achieved. The ideal ...

Aion Management

Assistant Property Manager

Indianapolis, IN · On-site

$17.75 - $24.25/hr

... the asset. • Available for emergencies, on-call duties, resident functions, community affiliated functions and weekends. Personnel Development: • Assist Property Manager in recruiting and ...

Fairlawn

Property Manager

Indianapolis, IN · On-site

$55K - $65K/yr

The Property Manager role is accountable for the successful day-to-day operation at our Maywood at ... With a portfolio of approximately 5,750 units and $900 million in assets under management, Fairlawn ...

Pivotal Housing Partners

Property Manager

Bloomington, IN · On-site

$48K - $50K/yr

As our Property Manager (we call them Community Managers" because you are taking care of the community (people, pets, and things) -- not just a property or an asset), you will be responsible for the ...

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Asset Property Manager information

What is an asset property manager?

Asset Property Managers are professionals responsible for overseeing and maximizing the value and profitability of real estate assets on behalf of owners or investors. Their duties include managing leases, coordinating maintenance, ensuring compliance with regulations, and developing strategies to increase property revenues. They often analyze market trends, handle tenant relations, and prepare financial reports to track property performance. Asset Property Managers play a key role in both the operational and financial aspects of property management.

What are the key skills and qualifications needed to thrive as an asset property manager?

To thrive as an Asset Property Manager, you need a solid understanding of real estate management, financial analysis, and property law, often supported by a degree in business or real estate and relevant certifications such as CPM or RPA. Familiarity with property management software, budgeting tools, and lease management systems is essential. Strong negotiation, communication, and problem-solving skills help you build relationships with tenants, vendors, and owners. These skills ensure effective property operations, maximize asset value, and foster positive stakeholder interactions.

How does an asset property manager typically collaborate with maintenance and leasing teams to ensure optimal property performance?

Asset Property Managers work closely with both maintenance and leasing teams to maintain high occupancy rates and ensure properties are well-kept. Regular coordination with maintenance staff helps address repairs promptly, minimizing downtime and preserving asset value. With the leasing team, they strategize marketing efforts, set competitive rental rates, and monitor tenant satisfaction. Effective communication and teamwork across these departments are crucial for meeting financial goals and delivering a positive tenant experience.

What is the difference between Asset Property Manager vs Property Manager?

AspectAsset Property ManagerProperty Manager
Primary FocusMaximizing asset value and investment returnsManaging day-to-day operations of a property
CertificationsReal estate licenses, certifications in property management or real estate investmentReal estate licenses, property management certifications
Work EnvironmentInvestment firms, real estate portfolios, commercial and residential assetsResidential or commercial property management companies
ResponsibilitiesFinancial analysis, asset performance, strategic planningTenant relations, maintenance, leasing, rent collection

While both roles involve managing properties, an Asset Property Manager focuses on optimizing the value of real estate investments and financial performance, whereas a Property Manager handles daily operations and tenant relations. The roles often overlap but serve different strategic objectives within the real estate industry.

What does an asset property manager do in property management?

An asset property manager oversees the financial performance and overall condition of real estate assets, including leasing, maintenance, and tenant relations. They analyze property data, develop strategies to maximize value, and coordinate with maintenance teams and financial reports to ensure properties meet investment goals.

What cities in Indiana are hiring for Asset Property Manager jobs?

Cities in Indiana with the most Asset Property Manager job openings:

Asset Property Manager jobs near you

Commercial Property Manager

Indianapolis, IN • On-site

Cressy
See more jobs at Cressyexternal

$70K - $82K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 13 days ago

Job description

About Cressy Commercial
Cressy Commercial Real Estate is a leading regional commercial brokerage, property management, and construction company that invests in the communities we live, work, and play in. We are a company rich in history, with a team of over 100 professionals. We provide services throughout Indiana, Southwestern Michigan, and beyond.
What makes our company different? WE CARE - about our team, our communities, and our clients.
About the Role
Are you looking for a long-term career with a company that values initiative, accountability, and outstanding performance? We are seeking a motivated and experienced Commercial Property Manager to oversee the day-to-day management and financial performance of an assigned portfolio of commercial properties.
This role is responsible for maximizing asset value, maintaining strong tenant and client relationships, managing property operations, and ensuring financial objectives are achieved. The ideal candidate is a proactive problem-solver who can make sound decisions, manage multiple priorities, and take ownership of both routine responsibilities and unexpected challenges.
This is a full-time, primarily on-site position with flexibility as needed based on business and property requirements.
What You'll Do
Financial Management & Reporting
  • Oversee the financial performance of assigned properties and provide monthly financial reporting and budget variance analysis to clients.
  • Review and approve accounts payable and property-related invoices.
  • Develop and manage annual operating budgets, forecasts, and capital improvement plans.
  • Monitor property revenues, expenses, and overall financial performance, identifying variances and recommending corrective action.
  • Analyze financial and operational data to identify opportunities to improve property performance and maximize asset value.
  • Track and report on outstanding work orders and related property expenses.

Property Operations & Administration
  • Oversee the daily operations of assigned commercial properties and ensure properties are maintained to established standards.
  • Coordinate with vendors, contractors, and other professionals servicing the properties and make recommendations regarding contracted services.
  • Supervise assigned maintenance and janitorial personnel and ensure work is completed efficiently and appropriately.
  • Prioritize work orders and coordinate timely responses to property needs.
  • Participate in the transition and onboarding of newly acquired or newly assigned properties to ensure smooth and timely integration.
  • Assist with tenant move-in and move-out procedures.

Tenant & Client Relations
  • Develop and maintain strong relationships with tenants, property owners, clients, vendors, and service providers.
  • Communicate regularly with tenants and clients to understand needs, address concerns, and ensure expectations are met.
  • Anticipate client and property needs and proactively recommend solutions.
  • Ensure assigned properties are managed in alignment with ownership objectives and established performance expectations.

Property Inspections & Quality Assurance
  • Conduct regular property inspections and site visits to evaluate property condition, maintenance needs, tenant concerns, and overall performance.
  • Recommend and coordinate necessary maintenance, alterations, improvements, and capital projects.
  • Monitor the quality and timeliness of work performed by vendors, contractors, and assigned personnel.
  • Identify potential issues before they become larger operational or financial concerns.

Qualifications
  • 3-5 years of experience in commercial property management, real estate, asset management, finance, or a related field.
  • Bachelor's degree in Real Estate, Management, Finance, Business Administration, or a related field preferred.
  • Indiana real estate broker's license preferred or ability to obtain one, if applicable.
  • Strong financial and analytical skills, with the ability to understand budgets, financial statements, expenses, and variances.
  • Proficiency in Microsoft Office, particularly Excel, with the ability to gather, analyze, and manipulate data.
  • Experience with property management or work order systems such as Yardi, Corrigo, or similar platforms preferred.
  • Strong organizational skills with the ability to manage multiple properties, projects, and priorities simultaneously.
  • Excellent written and verbal communication skills.
  • Strong critical thinking, problem-solving, and decision-making abilities.
  • Ability to communicate effectively with clients, tenants, vendors, contractors, and internal teams.
  • Ability to anticipate challenges, take initiative, and follow through on responsibilities.
  • Ability to handle confidential information with discretion.
  • Passion for commercial real estate and property management.
  • Ability to pass a required background check and drug screen.

What We Offer
We believe in rewarding talent, initiative, and outstanding performance. Our benefits package includes health, vision, dental, 401(k), group life insurance, supplemental insurance options, vacation, and holiday pay.
We also invest in our employees through competitive compensation, recognition programs, professional development opportunities, mentoring, and ongoing feedback. We believe in giving our people the tools and support they need to build a successful, long-term career with our company.
The pay range for this role is:
70,000 - 82,000 USD per year (Cressy Indianapolis)

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