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Richmark Property Management · 5 days ago

Asset Manager

Greeley, CO

Full-time

Onsite

Mid, Senior Level

$125K/yr - $150K/yr

Richmark Property Management is a family-owned company dedicated to enhancing communities through quality projects and initiatives. The Asset Manager role focuses on maximizing the performance and long-term value of a diverse real estate portfolio, overseeing financial reporting, budgeting, and operational management.

Property ManagementReal EstateReal Estate Investment

Responsibilities

Analyze monthly financial statements across multifamily, commercial, and hospitality assets; identify anomalies and issue variance reporting with corrective plans

Prepare and manage annual commercial operating budgets including CAM/NNN structures, projections, and capital planning

Review and analyze multifamily and hospitality budgets; recommend revisions prior to leadership approval

Maintain financial dashboards, forecasting, and budget-to-actual performance reporting across the portfolio

Prepare and distribute investor reports including quarterly/annual summaries, cash flow performance, and operational insights

Complete same-store performance analyses, trend reports, and benchmarking across markets and asset classes

Manage and submit required incentive and reimbursement requests tied to development agreements with governmental entities confirming eligibility and meeting all submission deadlines

Complete and submit replacement reserve draw requests and maintain lender communication logs

Update and maintain SREO, loan covenant trackers, reporting schedules, and financing documentation

Manage property tax appeals, including documentation, valuation review, assessor communication, and coordination with legal partners to process appeals and filings

Maintain energy benchmarking compliance and reporting as required by state regulations

Monitor key loan metrics including loan terms, DSCR requirements, reserve balances, interest rate changes, covenant compliance, maturity timelines, and refinance windows

Lead or support loan refinances across diverse capital sources

Manage lender information requests, refinance checklists, due diligence rooms, underwriting data, and term sheet comparisons

Coordinate with lenders, attorneys, servicers, and third-party consultants from initial underwriting through closing

Oversee third-party property management and hotel operators across multifamily, commercial, and hospitality assets; ensure performance aligns with approved budgets, occupancy and revenue goals, operating standards, and ownership business plans

Perform routine property inspections, asset condition assessments, and capital planning reviews, including hospitality-specific reviews of guest rooms, public spaces, back-of-house areas, FF&E condition, and brand PIP or capital requirements

Support commercial leasing strategy including renewals, amendments, extensions, expansions, and negotiation preparation

Set up new commercial tenants including lease abstraction, rent schedules, escalation timelines, billing codes, and CAM/NNN structures; communicate operational expectations

Support CAM processes including estimates, reconciliations, and year-end adjustments for commercial tenants

Oversee percent rent calculations, commercial delinquency, recoveries, and compliance with lease financial terms

Issue notices for arrears, defaults, escalations, and compliance; coordinate legal involvement when required

Monitor compliance with rental registrations, business license renewals, and municipal regulations for all assets

Support TI coordination, critical dates, lease commencement, and construction milestone compliance

Assist with other duties as assigned

Qualification

Financial analysisBudget managementLoan managementPortfolio managementCommercial leasingAnalytical skillsOrganizational skillsCommunication skills

Required