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Multifamily Asset Management Jobs (NOW HIRING)

Heitman LLC

VP, Asset Management, Multifamily

Chicago, IL · On-site

$160 - $190/hr

Heitman is seeking a seasoned Asset Manager to join our North American Private Equity team. We're looking for a strategic and results-driven professional with deep expertise in the multifamily asset ...

Heitman

VP, Asset Management, Multifamily

Chicago, IL · On-site

$160 - $190/hr

Minimum 10 years of professional real estate experience with at least 5 years actively asset managing multifamily assets. Title and years of experience may vary based on scope and complexity of prior ...

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Multifamily Asset Management information

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$35.5K

$94.1K

$164.5K

How much do multifamily asset management jobs pay per year?

As of Aug 8, 2026, the average yearly pay for multifamily asset management in the United States is $94,129.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,500.00 and $109,000.00 per year, depending on experience, location, and employer.

What are common challenges in multifamily asset management?

Professionals in Multifamily Asset Management often encounter challenges such as balancing the needs of property owners with tenant satisfaction, optimizing property performance amid fluctuating markets, and managing budgets effectively. Navigating complex regulatory requirements and coordinating between cross-functional teams like leasing, maintenance, and accounting can also be demanding. However, these challenges offer opportunities to develop creative solutions, strengthen project management skills, and have a significant impact on the financial success of the property portfolio. Many find the work both varied and rewarding, as it combines strategic oversight with hands-on problem solving.

What is multifamily asset management?

A Multifamily Asset Management job involves overseeing and optimizing the financial and operational performance of residential real estate properties with multiple units. Professionals in this role analyze property performance, develop strategies to maximize revenue, control expenses, and ensure efficient property management. They work closely with property managers, investors, and other stakeholders to enhance asset value and achieve investment goals. Responsibilities may include budgeting, lease analysis, capital improvements, and market trend evaluation. Effective multifamily asset managers balance risk management with growth strategies to ensure long-term profitability.

What skills and qualifications are needed for multifamily asset management?

To thrive in Multifamily Asset Management, you need strong analytical skills, financial acumen, and a background in real estate, finance, or business, often supported by a bachelor's degree or higher. Familiarity with property management software, financial modeling tools, and industry certifications such as CPM (Certified Property Manager) or CCIM (Certified Commercial Investment Member) is highly beneficial. Excellent communication, problem-solving abilities, and relationship-building skills help you effectively collaborate with property teams and stakeholders. These competencies are critical for maximizing property value, ensuring operational efficiency, and driving investment performance in a dynamic real estate environment.

More about Multifamily Asset Management jobs
What cities are hiring for Multifamily Asset Management jobs? Cities with the most Multifamily Asset Management job openings:
What are the most commonly searched types of Multifamily Asset Management jobs? The most popular types of Multifamily Asset Management jobs are:
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Multifamily Asset Management jobs near you
Infographic showing various Multifamily Asset Management job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $94,129 per year, or $45.3 per hour.

Multifamily Asset Management, Associate / Vice President (New York)

Keller Augusta

Manhattan, NY • On-site

$225K - $350K/yr

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

Overview

This range is provided by Keller Augusta. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range: $225,000.00/yr - $350,000.00/yr

Company Overview:

Our New York / San Francisco based client is a leading investment manager specializing in private equity real estate investing throughout the U.S. The team has systematically developed and refined their unique and disciplined approach to investing across multiple asset classes and geographies. Through their current platform and its predecessor entities, the team has acquired over 120 investments totaling in excess of $13.5 billion of gross cost since inception. Our client is growing and constantly evolving to ensure they remain well positioned to deliver high-quality solutions and exceptional performance to their partners.

Position Overview:

The Associate or Vice President position is a New York based role focused on Multifamily Asset Management. This position will report to the team’s Managing Director and President. The role’s primary responsibilities are to analyze and provide operational and strategic support across the firm’s growing multifamily portfolio (currently more than 17,000 units). This role will be a key member of the Asset Management team in a high-volume, fast-paced, and team-driven environment, helping to drive portfolio performance and create value throughout the life cycle of various multifamily investments.

This role will be responsible for an array of tasks ranging from financial analytics to project management, focusing on value creation through diligent management and oversight. The position will collaborate with employees across the firm, and third parties (joint venture partners, property managers, attorneys, consultants).

Key Responsibilities
  • Asset management of market rate, development and select affordable rental apartment properties located throughout the U.S.
  • Identify and alert team members to issues as they arise and work with the team to evaluate and implement solutions.
  • Concisely articulate asset performance, as well as potential issues and opportunities, to senior team on a regular basis or as required.
  • Develop budget projections and coordinate reforecasts and other reports as applicable.
  • Monitor and track key performance metrics across assets on a weekly and monthly basis.
  • Perform regular site visits and property assessments.
  • Attend regular calls with operating partners.
  • Review and analyze monthly financial packages, highlight issues.
  • Track portfolio performance and utilize this as a benchmark for potential acquisitions.
  • Analyze rent comparables and market surveys for current portfolio and potential acquisitions.
  • Track capital expenditures and unit renovation programs.
  • Assist in investor and asset management reporting.
  • Interact with senior investment professionals; collaborate with the acquisition, asset management team and outside partners.
  • Assist with the overall direction of property operations, rental pricing, capital investment, and assessment and strategy related to market conditions and asset performance.
  • Effective, 360 degree written and verbal communication with JV partners, property staff, internal and external funds management and administration.
  • Monitor property level cash management, overseeing capital calls and distributions.
Requirements
  • Bachelor’s degree with major in Finance, Economics, or Business Administration from a top institution preferred.
  • Candidates MUST have excellent analytical skills.
  • 3-7 years of experience in multifamily asset management.
  • Must be self-motivated, a critical thinker, enthusiastic, inquisitive, and detail oriented.
  • Ability to work in a team environment.
  • Strong attention to detail.
  • Fluency in Excel.
Seniority level
  • Associate
  • Vice President
Employment type
  • Full-time
Job function
  • Management
Industries
  • Venture Capital and Private Equity Principals

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