Job Description

Job Description

About Us:

Douglas Development Corporation is the leading private real estate development company based in the Washington, DC metropolitan area, with a diverse portfolio across multiple asset classes. Known for our commitment to revitalizing neighborhoods and creating landmark projects, we are seeking an Asset Manager with a focus on multifamily mixed-use to join our in-person team in the District of Columbia.

Position Overview:

The Asset Manager will be responsible for overseeing the operational performance of a select portfolio of assets within the firm’s residential & mixed-use portfolio. This individual will work closely with 3rd party property management teams, leasing agents, lenders, and internal teams to maximize asset value and ensure smooth operations.

Key Responsibilities:

• Oversee a portfolio of multifamily residential assets, ensuring operational efficiency and financial performance.
• Develop and execute asset-level business plans, including rent growth, leasing strategies, expense management, and capital improvement projects where needed.
• Monitor property performance through regular financial analysis, variance reporting, and benchmarking.
• Collaborate with property managers and leasing teams to drive occupancy, rental income, and tenant satisfaction.
• Prepare and deliver regular asset performance reports and presentations for senior leadership and lenders.
• Ensure compliance with loan covenants, investor requirements, and local regulatory obligations.
• Conduct market research to evaluate competitive positioning and identify opportunities for value creation.

Qualifications:

• Bachelor’s degree in Real Estate, Finance, Business, or related field; Master’s degree or relevant certification (CCIM, CPM) a plus.
• 3–5 years of experience in real estate asset management, with a strong emphasis on multifamily residential.
• Proficiency in financial modeling, valuation, and performance analysis.
• Strong understanding of multifamily operations, leasing, and capital planning.
• Excellent communication and relationship management skills.
• Highly organized, detail-oriented, and able to manage multiple priorities in a fast-paced environment.

Strong working knowledge of Microsoft Excel and real estate software platforms (e.g. MRI).

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