Advisory Services: Multifamily Asset Manager - Atlanta, GA

B. Riley Advisory Services is a subsidiary of B. Riley Financial (NASDAQ: RILY) and a trade name for GlassRatner Advisory & Capital Group, LLC.

B. Riley Advisory Services provides a variety of specialty financial services and solutions for lenders, law firms, private equity sponsors and various companies. These services include , restructuring and turnaround management, forensic accounting, litigation support, compliance risk and resilience services, transactional support services, and valuation and appraisal.

We are seeking a full-time Asset Manager to work out of our Buckhead, Atlanta office.

Responsibilities

• Oversee and manage a distressed commercial property during a receivership, primarily focused on preserving the asset's value by managing leasing activities, collecting rent, maintaining the property, and reporting to the court while working towards a potential sale of the property
• Monitor market trends, competitor activity, and economic factors to inform investment decisions and asset positioning.
• Monitor the client's portfolio periodically through strategic asset tracking.
• Prepare detailed financial reports on property performance, including income statements, cash flow analysis, and key performance indicators (KPIs).
• Identify and prioritize capital improvement projects to maintain property value and enhance tenant satisfaction.
• Identify potential risks associated with the property portfolio and implement mitigation strategies.
• Ensure adherence to all relevant legal and regulatory requirements related to property management.
• Serve as court-appointed receiver
• Dive into the current investment market and study the latest trends in terms of its RoI, shortcomings, risks and benefits.

• Be available to the clients, in person and by calls, to provide guidance on fund management.
• Review the asset management and make changes and tweaks to the investments as and when required.
• Liaise with auditors, property managers, income tax executives and other professionals on matters relating to the client's asset management.

Required skills and qualifications

• Bachelor's degree in finance, real estate, business administration, or a related field.
• 3+ years of experience in commercial real estate investment, property management, or asset management.

• Prior experience working as an asset manager or in a similar role.

• Strong understanding of the multifamily real estate market and leasing practices.

• Understanding of financial management or modelling and understanding of financial regulations.
• Comprehensive knowledge of commercial real estate market trends, lease structures, property management practices, and legal considerations.
• Ability to analyze data, identify trends, and make informed investment decisions.
• Ability to manage and motivate property management teams to achieve performance goals.
• Familiarity with receivership procedures and court regulations.

• Excellent communication and interpersonal skills with stakeholders including investors, property managers, tenants, and internal teams.
• Proven ability to negotiate lease terms and contracts with tenants and vendors.

• Proficient in Microsoft Word for creating and formatting documents, including reports and letters.
• Ability to develop compelling presentations using Microsoft PowerPoint.
• Skilled in using Microsoft Excel for data analysis, creating pivot tables, and generating charts.

B. Riley Financial, Inc. employees enjoy competitive salaries, access to our 401(k) profit-sharing retirement plan and our other benefits including paid holidays, vacation, and sick leave, voluntary group medical, dental, and vision insurance, and company paid life and disability coverage.