OHT Partners is a leading builder and developer of luxury multifamily communities in Texas. Founded in 2010, the Austin-based company specializes in Class A+ luxury multifamily communities in high-growth areas of the Austin, Dallas-Fort Worth, Houston, and San Antonio markets.

Overview

The Asset Manager is responsible for all aspects of asset management for OHT Partners’ Houston portfolio. This position reports to the Vice President of Development and is not remote; it is located in the Houston corporate office. 

The Asset Manager’s goals relate to achieving the desired objectives of OHT’s investors and Property Owners in accordance with OHT’s policies and procedures. This position is responsible for ensuring optimum performance results are achieved. The Asset Manager is expected to supervise the operation of each property and its related functions, including, but not limited to, the administrative (including operating policies/procedures), human resource, maintenance, and budgeting/financial aspects of each property.

Key Responsibilities:

(These are as follows but are not limited to and may not be all-inclusive, depending upon the community's demands.)

• Promote a responsive and service-oriented environment, treating all customers fairly and respectfully.
• Oversee lease-up marketing efforts and ensure properties achieve targeted occupancy levels on schedule.
• Establish, with the Community Marketing Specialist, goals related to traffic, leasing, closing ratios, resident satisfaction, etc.
• Develop and evaluate the property's marketing mix, which includes rent adjustments, lease terms, locator fees, resident retention programs, special offerings, etc.
• Monitor occupancy/leasing information for each community on a weekly/monthly basis.
• Operate in accordance with the annual business plan and monitor each community's performance. Ensure standard KPIs (delinquency, leasing goals, collections, internal audit performance, quarterly inspections) are met monthly, quarterly, and annually. Recommend operational changes to improve profitability on an as-needed basis.
• Prepare operating budgets, capital improvement plans, and cash flow forecasts.
• Evaluate and monitor the information in the proper financial statements.
• Prepare annual property budgets and asset management plans for each property in the portfolio.
• Review contracts and proposals to ensure information and scope are competitive and comprehensive.
• Conduct property inspections.
• Prepare all weekly, monthly, quarterly, and annual reports.
• Provide operations forecasts as needed for development teams’ needs.
• Assist development team with asset dispositions, including acting as liaison with prospective buyers’ due diligence processes.

Knowledge, Skills, and Abilities

• Strong verbal and written communication skills.
• Strong proficiency in Word, PowerPoint, and Excel
• Ability to analyze and resolve complex problems, make quick and effective decisions, and multi-task.
• Ability to establish and maintain effective working relationships and direct and motivate others.
• Comprehension of federal fair housing laws and any applicable local housing provisions.
• Ability to maintain confidentiality.
• Ability to work under minimal to moderate supervision.

Preferred Qualifications:

• A high school diploma or equivalent is required; a bachelor’s degree or equivalent is highly preferred.
• 4 years of strategic marketing, lease-up execution, regional property management, and/or asset management experience.