Regional Asset Manager at Osprey Management in Detroit, MI

Apply Job Type Full-time Description Crystal View Capital/Osprey Management is a private equity real estate firm known for its vertical integration that specializes in the acquisition and management of value-add manufactured housing and self-storage assets. Since its inception in 2014, the Firm has raised over $300 million in equity capital and currently has over $600 million in assets under management. Our in-house management company is a leader in asset management; we have a tremendous amount of knowledge, blending property management and service provisions to simplify everyday life. Our team encompasses vision, talent, harmony, beliefs, and commitment. We have over 50 professionals in the corporate office dedicated to the in-house management of our 120+ assets. The in-house asset management team also employs over 150 property level staff members at its property locations. Apply today to join one of the Nation’s most prolific real estate asset management firms. Job Summary The Regional Asset Manager is responsible for maximizing the financial performance and value of a portfolio of properties through strategic planning, operational oversight, and collaborative leadership. While working closely with Regional Property Managers and onsite teams, this role focuses on long-term asset growth, portfolio-wide initiatives, and aligning property performance with company investment goals. The Asset Manager serves as the primary liaison between property operations and executive leadership, ensuring that each property meets its operational, financial, and strategic objectives. Note: Our Regional Asset Managers are hands on and travel frequently to the properties that are in the assigned portfolio. Must be willing to travel to multiple locations across the region at least once a month. Regional Asset Manager Compensation : Annual Salary $65,000-$70,000 Potential Bonus Opportunities 401(k) Plan Medical benefit stipend of $525 per month Dental Insurance Vision Insurance Life, Hospital & Critical Illness Benefits available Pet Insurance Holiday Pay Paid Time Off (PTO) Work/Home Life Balance Opportunities for Career Advancement Flexible Work Schedule Regional Asset Manager Responsibilities: Portfolio Oversight & Performance Optimization Develop and execute strategic business plans for each asset to achieve financial targets and long-term value creation. Monitor and evaluate property performance metrics (occupancy, revenue, NOI, delinquency, and expenses) to identify trends, risks, and opportunities. Partner with Regional Property Managers to ensure operational excellence and compliance with company policies and investment objectives. Recommend and implement asset repositioning strategies, capital improvements, and operational enhancements to maximize value. Coordinate with acquisitions, finance, and executive teams to assess property-level performance and support investment decision-making. Financial Management & Reporting Oversee preparation and review of monthly, quarterly, and annual financial statements for assigned assets. Conduct variance analysis against budget and provide recommendations for corrective action. Approve major property expenditures, capital projects, and budget adjustments in alignment with investment strategies. Collaborate with accounting to ensure accurate reporting, expense tracking, and cash flow forecasting. Provide executive leadership with regular portfolio performance updates and recommendations. Strategic Initiatives & Capital Planning Lead portfolio-wide initiatives to improve operational efficiency, customer satisfaction, and revenue generation. Develop and oversee multi-year capital improvement plans to enhance property appeal, competitiveness, and long-term value. Manage lender and investor reporting requirements, ensuring timely submission and compliance with loan covenants. Evaluate market conditions and competitive landscape to inform strategic planning and pricing strategies. Collaboration & Leadership Serve as the primary point of contact for Regional Property Managers, providing guidance, resources, and performance feedback. Collaborate with marketing, acquisitions, operations, and finance to ensure alignment of property operations with overall company strategy. Participate in leadership meetings to provide portfolio insights and contribute to company-wide strategic planning. Support Regional Managers in resolving escalated operational challenges and driving performance improvements. Compliance & Risk Management Ensure adherence to federal, state, and local laws, as well as company policies and investment requirements. Oversee risk management initiatives, including safety compliance, insurance requirements, and legal matters. Maintain thorough documentation of operational decisions, property performance, and asset-level plans for audit and compliance purposes. Budget and Expense Management Review and manage property-level and regional budgets to ensure alignment with company objectives. Conduct variance analyses to identify discrepancies between actual and projected financial performance, providing recommendations to address gaps. Conduct monthly budget reviews, identify variances, and implement corrective actions. Monitor and control operational and capital expenditures, ensuring all spending aligns with approved budgets. Partner with onsite managers and vendors to identify cost-saving opportunities without compromising service quality or operational efficiency. Negotiate vendor contracts and service agreements to achieve the best value for the company. Ensure all procurement activities adhere to company policies and optimize long-term financial outcomes. Ensure all financial activities comply with company policies and local, state, and federal regulations. Maintain accurate records for audits and reporting purposes, ensuring a strong financial foundation for all operations. Team Management and HR Oversight Lead the recruitment and onboarding of onsite managers and other key personnel. Collaborate with Human Resources to identify talent, conduct interviews, and ensure new hires align with Osprey Management’s values and operational goals. Review and approve payroll submissions for assigned properties, ensuring accuracy and timeliness. Address and resolve payroll discrepancies in collaboration with the HR and Accounting departments. Monitor and approve employee timecards, ensuring compliance with company policies and labor laws. Provide guidance to onsite teams to ensure accurate timekeeping practices. Work closely with onsite teams to foster a positive and productive work environment. Conduct periodic performance reviews and provide feedback to ensure employees meet company standards and expectations. Ensure all hiring, payroll, and timekeeping activities comply with company policies and state and federal regulations. Maintain thorough and accurate documentation for audit purposes. Collaboration with Other Departments Work closely with Marketing to ensure cohesive branding, marketing strategies, and property promotions. Partner with Accounting and Finance to review budgets, approve projects, manage expenses, and reconcile credit card transactions. Coordinate with Operations for alignment on company policies, systems, and training initiatives. Collaborate with HR and Training to support ongoing development and onboarding of team members. Communicate effectively with all departments to align objectives, share updates, and resolve challenges. Regional Asset Manager Qualifications: Minimum of 3 years of experience in commercial property management with a proven track record of success in managing large portfolios of commercial real estate properties Extensive experience in property management, including leasing, tenant relations, rent collection, and maintenance Demonstrated expertise in commercial real estate project management, with a portfolio of successful commercial projects Strong familiarity with the self-storage and mobile home community sectors is highly recommended Strong understanding of construction processes, building codes, regulations, and quality standards. Exceptional financial acumen and experience in financial analysis, budgeting, and investment evaluation. Excellent leadership and team management skills, with the ability to inspire and motivate cross-functional teams. Outstanding communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders Strategic mindset with strong analytical and problem-solving abilities to make informed decisions Proficiency in property management software, project/workflow management software and Microsoft Office suite Must be prepared to respond and participate in off-hour events and emergencies as needed Must be willing to travel to properties within the assigned region This job description outlines the general responsibilities of the role and may be subject to change based on business needs. Disclosures: We are an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, veteran status, or any other legally protected status. We are committed to providing reasonable accommodations for qualified individuals with disabilities during our application and hiring processes. If you need assistance or accommodation, please contact us at recruiting@osprey-management.com We participate in the federal E-Verify program to confirm the employment authorization of all newly hired employees. For more information, please review the Right to Work and E-Verify notices available here: https://www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf (English) https://www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPosterES.pdf (Spanish) https://www.e-verify.gov/sites/default/files/everify/posters/IER_RightToWorkPoster.pdf (English) https://www.e-verify.gov/sites/default/files/everify/posters/IER_RightToWorkPosterES.pdf (Spanish)