# ASSET MANAGER

## COMPANY OVERVIEW:

Stoneweg US, one of the nation’s fastest growing multifamily real estate investment and development companies, is currently seeking an Asset Manager. Stoneweg US, based in the Tampa Bay area in Florida, serves as exclusive investment manager of Varia US Properties AG, a Swiss, publicly traded real estate fund (SIX Swiss Exchange ticker: VARN) and also partners with US and international equity investors to acquire and develop multifamily assets in markets with strong population growth and positive trending economic conditions as part of separate Stoneweg US investment funds. The Stoneweg US team challenges the conventions of real estate investment through a research-driven, results-oriented approach that has led to the successful deployment of over $500 million of equity and the acquisition of over 18,500 multifamily units since 2016. The Company plans to remain focused on this aggressive growth strategy for 2022 and beyond.

## POSITION:

Based in the Tampa Bay/St. Petersburg, Florida region, the Asset Manager will be part of a dynamic and growing business environment and participate in the management of a strong investment portfolio located throughout the U.S. The Asset Manager will oversee third party property managers, prepare and maintain budgets, create and implement capital expenditure plans, and ensure professional and complete reporting to management. The goals of the position are to improve the overall operations of the properties, maximize return on investment, and reduce risk and increase long-term value of the portfolio.

This position will work closely with the Company’s Asset Management, Acquisitions, Legal, and Accounting teams, as well as with a well-experienced team of leaders, both in the U.S. and abroad.

The ideal candidate will be an energetic, motivated self-starter with a hands-on approach. This person will be results-oriented and able to excel in a fast-paced environment that requires one to be able to adjust to shifting priorities and accomplish multiple tasks.

## RESPONSIBILITIES:

- • Review and approve annual operating budgets and business plans for each asset.
- • Collaborate with third party property management companies, leasing, and real estate tax consultants and other personnel associated with the assets.
- • Develop strategies to maximize the value of each real estate asset by working with peers as well as with senior management.
- • Inspect individual assets on an as-needed basis, including documentation of necessary action items.
- • Oversee the preparation and update of monthly performance reports.
- • Review property, financial reporting and variance analysis and coordinate with accounting personnel to ensure that financial statements are accurately presented.
- • Work with internal construction/development team member to oversee project scoping, bidding and monitoring. Track progress of capex spending at the properties to insure timely completion.
- • Work with senior management to develop dashboard metrics and enterprise reporting systems.
- • Design, develop and refine tailored real estate financials (e.g., cash flow, valuation, reforecast) and business models using Excel and/or other software to support the decision-making process for real estate transactions.