rose valley capitalNew York, NY
Vice President of Asset Management
$220,000 – $275,000
Apply (opens in a new tab)Vice President of Asset Management
Vice President of Asset Management
rose valley capitalNew York, NY
8 days ago
$220,000 – $275,000
Residential Property ManagersPortfolio Management and Investment AdviceOther Activities Related to Real Estate
Apply for this role (opens in a new tab)Job DescriptionVice President of Asset Management
Company: Rose Valley Capital
Location:
Brooklyn, NY (hybrid). Approximately 25% travel to properties across the U.S (candidate must live in the New York City area)
Reports to: Chief Executive Officer
Direct reports: 2 Asset Managers
Employment type:
Full-time, exempt
About Rose Valley Capital
Rose Valley Capital is a vertically integrated real estate investment and management platform that acquires, repositions, and operates conventional multifamily rental properties across the United States. Our portfolio spans approximately 13,000 residential units across 12 states. Our team combines disciplined underwriting and capital markets expertise with hands-on asset and property management, giving us direct control over performance at every property in our portfolio. As we continue to grow nationally, we are building a lean, high-caliber team to drive value across our assets.
About the Role:
Rose Valley Capital is looking for a Vice President of Asset Management to lead the financial and strategic performance of our nationwide portfolio of conventional multifamily rental assets. Reporting directly to the CEO, you will set the business plan for each asset, hold property management and operations teams accountable to it, and work with ownership, capital markets, and lenders to maximize NOI and long-term value. You will lead a small, high-performing asset management team and have the opportunity to grow it as the portfolio expands. This is a senior leadership role with real influence over acquisitions, dispositions, capital planning, and portfolio strategy.
Key Responsibilities: Portfolio strategy and performance
Develop and execute asset-level business plans, including hold/sell analysis, repositioning, and value-add strategies
Own annual budgets, reforecasts, and long-range projections, and drive NOI and cash flow to target
Monitor KPIs (occupancy, rent growth, delinquency, turnover, expense ratios) and act on variances across markets
Property operations oversight
Partner with regional and property managers to align on leasing strategy, pricing, and expense control
Review monthly operating and variance reports and lead quarterly asset reviews
Oversee third-party vendors and service contracts for cost and quality
Capital planning and execution
Underwrite and manage capital projects, renovations, and unit upgrades, tracking scope, budget, timeline, and returns
Coordinate with Capital Markets on refinancings, debt compliance, and lender reporting
Support acquisitions and dispositions through due diligence, underwriting, and transition
Reporting and stakeholder management
Prepare investor, ownership, and lender reporting, including performance summaries and market analysis
Ensure compliance with loan covenants and partnership agreements
Leadership
Lead, mentor, and develop a team of two Asset Managers, setting priorities, reviewing their underwriting and reporting, and building their capacity to take on more of the portfolio
Present portfolio performance, risks, and recommendations directly to the CEO and ownership
Serve as a key voice in acquisition, disposition, and capital allocation decisions
Build strong working relationships with property management, accounting, HR, and construction teams
Qualifications:
10+ years of real estate asset management experience, with at least 5 in a senior or supervisory role
Multifamily property sector experience is required; commercial property experience preferred.
Conventional multifamily experience required; experience across multiple U.S. markets strongly preferred
Bachelor's degree in Finance, Real Estate, Business, or a related field (MBA or CFA a plus)
Advanced financial modeling and underwriting skills (Excel/ARGUS); comfort with property management platforms such as Yardi or RealPage
Working knowledge of debt structures, loan covenants, and partnership/JV reporting
Ability to evaluate market dynamics, rent trends, and expense drivers across different regions
Strong analytical, communication, and presentation skills, with the ability to influence across operations, finance, and ownership
Ability to travel to properties nationwide approximately 25% of the time
What We Offer:
Competitive Salaries & Bonuses
Medical, Dental & Vision Plans
401(k) Plan with Employer Matching Contributions
Paid Time Off (PTO) & 12+ Paid Holidays
Flexible Spending Accounts
Company-Paid Life Insurance
Short-Term Disability
Long-Term Disability
Health Savings Account with Employer Contributions
Pre-Tax Commuter Benefit
Wellness Perks
Legal Resources
Employee Apartment Discount
Employee Referral Program
Employee Assistance Program
Employee Recognition & Awards
Compensation and Benefits:
Base salary range: $220,000 – $275,000, plus a target annual bonus of 20% of base salary.
Also on the board Same function, level within a rung
Level
Manager
Salary
$220,000 – $275,000
Location
New York, NY
Occupation
Property, Real Estate, and Community Association Managers
Industry
Residential Property Managers
Posted
8 days ago