Senior Asset Management Consultant

Senior Asset Management Consultant at Addison Group Senior Asset Management Consultant at Addison Group in Seattle, Washington Posted in 3 days ago.

Type:

full-time

Job Description:

Job Title:

Senior Asset Manager - Contract Location (city, state):

Seattle, WA Compensation:

$70-100/hour

Benefits:

This position is eligible for medical, dental, vision, and 401(k).

Qualifications:

5+ years of experience in asset management Familiarity with residential real estate asset management across multi-family properties Strong Excel skills

Job Description:

Monitor and analyze monthly financial statements, KPIs, and variance reporting. Proactive identification and refinement of key performance indicators to ensure metrics remain aligned with asset strategy, market conditions, and ownership objectives. Evaluate property performance against underwriting, annual budgets, and long-term business plans. Identify performance gaps and develop corrective strategies in partnership with Property Management. Oversee rent growth strategy alignment with market conditions and portfolio objectives. Track and drive NOI growth, expense efficiency, and return metrics (IRR, equity multiple, yield on cost). Ensure property performance aligns with portfolio-level financial targets and capital allocation strategy. Develop and maintain asset-level business plans. Identify and oversee execution of value-add initiatives, repositioning strategies, and revenue enhancement programs. Ensure investment objectives and hold/sell strategies are continuously evaluated. Lead capital expenditure planning and prioritization across the portfolio. Perform financial modeling to evaluate returns, payback periods, and asset value impacts of capital and renovation initiatives. Provide strategic oversight of capital improvement initiatives executed by Development and Construction teams. Participate in refinancing analysis, disposition analysis, and acquisition underwriting (as applicable). Support debt compliance monitoring and lender reporting requirements. Evaluate and approve annual operating budgets proposed by Property Management. Hold Property Management accountable for performance metrics including Partner with Insurance/Risk team on claims trends and loss prevention strategies. Monitor regulatory compliance trends impacting multifamily assets. Identify operational or financial risks affecting asset value. Ensure adherence to ownership governance policies and reporting standards. Prepare quarterly and annual asset performance summaries. Prepare materials supporting Portfolio Management reporting to executive leadership, boards and partners. Provide executive-level insights on portfolio health, trends, and market positioning. Monitor submarket fundamentals Utilize market insights, competitive analysis, and asset performance data to inform all strategic recommendations. Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.