VP of Asset Management

Are you a strategic thinker with a passion for optimizing real estate assets? Do you live for the details but thrive on seeing the big picture? LV Collective is seeking an Asset Manager  a leader to help drive exceptional performance across our student housing portfolio. If you’re ready to play a critical role in scaling our real estate operations, maximizing asset value, and collaborating with a dynamic team, then read on—this could be your dream job.

What You’ll Do

• Reporting & Stakeholder Communication: Lead the financial and operational reporting process for properties, presenting key insights and updates to stakeholders and executive leadership.
• Revenue Optimization: Develop and implement strategies to maximize revenue from each asset, including rate adjustments, ancillary income opportunities, and creative other income streams.
• Financial Performance Management: Track and analyze asset performance against budgets, identifying opportunities for improvement in revenue streams and controlling expenses.
• Budget Oversight: Own the Lead the operational budgeting process for each property, working closely with property management and finance teams to set achievable targets and align with company goals.
• Market Analysis: Conduct regular market research, competitive analyses, and feasibility studies to inform strategic asset decisions.
• Project Collaboration: Work closely with the development, leasing, and marketing teams operations teams to support property performance through coordinated strategies and shared objectives.
• Investment Decisions: Work closely with executive leadership in vetting development and acquisition opportunities.
• Reporting & Stakeholder Communication: Lead the financial and operational reporting process for properties, presenting key insights and updates to stakeholders and executive leadership.
• Revenue Optimization: Develop and implement strategies to maximize revenue from each asset, including rate adjustments, ancillary income opportunities, and creative other income streams.
• Risk Management: Proactively assess and mitigate risks associated with asset performance, providing solutions to stay on course with business objectives.
• Relationship Management: Cultivate strong relationships with third-party management, vendors, and contractors, ensuring alignment with LV’s standards and brand expectations.
• Project Collaboration: Work closely with the development, leasing, and marketing teams to support property performance through coordinated strategies and shared objectives.
• Other:
• Assist with other duties and special projects as assigned.
• Ability to work late or on weekends may be required.

Requirements

Education & Experience

• Bachelor’s degree in Business, Finance, Real Estate, or related field required.
• 5+ years of asset management experience, ideally within multifamily, student housing, or mixed-use real estate.
• Proven track record in developing, implementing, and managing operational budgets and financial reporting.
• Proficiency in asset management and property management software (e.g., Entrata, RealPage) and strong skills in Microsoft Office, particularly Excel.

Business Skills

• Strategic thinker with a knack for big-picture insights and tactical execution.
• Skilled in financial analysis and budgeting, with a passion for uncovering value.
• Able to prioritize multiple projects, meet deadlines, and make informed decisions.
• Web-savvy and skilled at performing competitive market research.
• Fluent in English, with excellent communication and presentation skills.

Bonus Points if…

• You have experience with Axiometrics or similar market research platforms.
• You’re a lifelong learner, always on the lookout for new insights and strategies in asset management.
• You have an established network within the Austin real estate community.