Trammell Crow Residential

Single Family Rental Asset Manager

Position Summary

TCR is seeking a new Dallas Based Asset Manager to manage the strategic asset management processes for the Company’s National single family rental (SFR) real assets. From inception of site pursuit thorough eventual sale, this individual will interface/coordinate with TCR VP’s of asset management, development, TCR construction and 3rd party property management services providers.

Primary Responsibilites

  • Supports the pursuit / underwriting process by developing rent and expense assumptions from analysis of internal and external competitive properties
  • Underwrites property strategy and participates in selling, re-financing, organizing, and operating of the company's real estate investments
  • Participates in design development, including preparing and administering marketing/start-up budgets
  • Manages successful transition from construction completion and hand-off to property management operations
  • Manages third party property management companies to ensure optimization of rents and expenses at the property
  • Participates in asset budgeting and portfolio review processes, identifies capital project for properties, and develops operating benchmarks to monitor costs
  • Monitors property performance including marketing, leasing, and management activities to ensure the property is operating in line with forecasts
  • Reports key metrics, trends and variances to previous forecasts and implements proactive strategies to resolve operational, financial, and compliance problems
  • Develops and maintains best practices for future development of National SFR platform
  • Visits properties on a frequent basis. Coordinates asset walks of property with quality assurance team to keep up-to-date on all issues; approximately 25% travel required
  • Participates in industry networking and stays current on technology developments in SFR

Desired Skills & Experience

  • Bachelor’s degree in finance, business, or related field, or equivalent experience is required
  • 3 to 5 + years of experience in property / asset management or related field preferred
  • Previous real estate experience required, preferably with SFR or multifamily asset management or property management organization
  • Experience with leasing and management of SFR or multifamily project related retail tenants
  • Exceptional judgment and decision making skills plus demonstrable asset management technical skills
  • Effective interpersonal skills with the ability to develop and foster internal and external relationships with business partners

Click here to apply.

This overview is designed to introduce Crow Holdings and its various operating companies. Crow Holdings Capital is a U.S. SEC registered investment adviser and is the manager to the Crow Holdings Capital Funds. Crow Holdings Partners is a division within Crow Holdings Capital. Crow Holdings Capital, Trammell Crow Residential, Crow Holdings Industrial and Crow Holdings Office are operated separately and independently from one another with separate senior leadership and investment committees. SEC registration does not imply a certain level of skill or training.