Overview Vice President / Director Of Asset Management Of Student Housing / Multifamily

All potential applicants are encouraged to scroll through and read the complete job description before applying. Kayne Anderson Real Estate is a leading real estate investment firm, managing approximately $17 billion in assets across opportunistic equity, core equity, and real estate debt, with sector expertise in medical office, seniors housing, off-campus student housing, multifamily housing, and self-storage. Kayne Anderson Real Estate is part of Kayne Anderson, a $37 billion alternative investment management firm with more than 40 years of experience in the real estate, credit, infrastructure, and energy sectors. With more than 110 professionals, Kayne Anderson Real Estate has consistently demonstrated its ability to bring more to an opportunity than equity capital, enhancing a project\'s overall performance and quality by incorporating best practices and effective alternatives in the design, construction, documentation, financing, and operation of investments. The firm\'s entrepreneurial spirit and resilient culture, combined with a reputation for quick response, firm commitment, and timely execution, has solidified Kayne Anderson Real Estate\'s reputation and resulted in strong relationships with developers, owners, operators, financing sources, and other intermediaries. Kayne Anderson Real Estate is searching for a Vice President / Director of Asset Management of Student Housing / Multifamily. This position will oversee a portfolio of multifamily and student housing assets, which includes stabilized assets, repositioning, ground-up development, and / or redevelopment projects. The position reports to the Senior Managing Director and Managing Director of Asset Management, who oversees the Student Housing and Multifamily sector vertical. This position will be based in the firm\'s Chicago, Illinois or Boca Raton, Florida office. Responsibilities Monitor and report on the financial and operating performance of various assets against business plans and original underwriting. Travel to portfolio properties to assess the overall condition of the real estate, the status of capital plans, the property manager on site, joint-venture partner engagement, and the performance of the market. Expected travel is ~2 days per week / average. Manage operating partner relationships. The asset manager will be in constant communication with operating partners, and other third parties. This individual will be responsible for supporting the growth of these relationships and for representing Kayne Anderson Real Estate in the market. Actively update revenue, expense, and overall strategy in real-time to maximize property level performance. Track property-specific critical dates and deliverables such as tax management, annual audits, accounting deliverables, debt maturities and covenant compliance, development / construction issues, leasing targets and timing, etc. Significant property level engagement and guidance provided to property management teams. Active engagement in property branding, property programming, and lease-up strategy, and management of marketing firms in conjunction with the management company and / or JV partner. Project asset performance through refinancing, renovations, and redevelopments. Supervise development and renovation projects with the support of the internal construction management department and our operating partners. Coordinate internal processes across disciplines (legal, accounting, construction, capital markets) in order to ensure the execution of the business plan. Work directly with the underwriting and acquisition team in evaluating potential investments. Track industry trends and adjust property business plans as necessary. Leverage industry relationships with operators, managers, consultants, and other contacts to evaluate markets, identify solutions to challenges and deliver creative strategies to solve challenges at prospective and existing properties. Active participation in industry organizations and events.

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