Advisory Services: Multifamily Asset Manager - Atlanta, GA

Company: B. Riley Securities, Inc
Location: Atlanta
Posted on: April 24, 2025

Job Description:

Advisory Services: Multifamily Asset Manager - Atlanta, GAB. 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.
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