Manager, Asset Management

Who We Are

Invitation Homes is a fast-paced evolving publicly traded REIT that is pioneering a new industry with over 80,000 single family rental homes and a market capitalization of over $25 billion. We are a team of more than 1,400 associates who come from all walks of life. We call different communities “home,” but our shared values bind us together. Inviation Homes is a place where possibility lives.

The Manager of Asset Management is responsible for facilitating and managing company-wide Asset Management programs and projects designed to strategically reinvest capital within the owned portfolio of approximately 80,000 single-family rental homes across 16 markets. Responsibilities also include working with corporate and market teams, while demonstrating expertise in the residential single-family rental space. This position reports to the Vice President, Asset Management.

What You’ll Do

• Work with Asset Management, Investment Management, Operations and Accounting to facilitate, execute, and expand Value & Revenue Enhancing programs across all markets

• Review, analyze and recommend properties for disposition, consistent with strategic investment objectives

• Manage and execute programs as part of annual Corporate Budget/Capital Allocation Plan

• Create / prepare valuation and cash flow models to determine the viability of potential capital investments and develop recommendations and reports based upon findings

• Review and approve project proposals in compliance with established processes, workflows, and authority levels

• Review and approve project scopes of work and budgets

• Coordinate with Revenue Management and Leasing teams to establish and adjust pricing for turns and renewals in conjunction with initiatives

• Coordinate with internal stakeholders to develop and execute a standardized upgrade palette (“Fit & Finish”) based on national or local housing trends

• Develop and administer dashboards, analysis, and reports on weekly, monthly, quarterly, annual, and ad-hoc basis

• Develop relationships with suppliers, vendors, and industry professionals in the markets

Who We’re Looking For

• Bachelor’s degree in Finance, Real Estate, Business, Construction Management, or a related field

• 5+ years of experience in residential acquisitions or institutional real estate; Single-family preferred

• 5+ years of experience in extensive, detailed data analysis and reporting

• Current driver’s license and automobile insurance

• Background in home renovation management, residential project management, and/or experience as a residential cost estimator very beneficial

• Comprehension of federal fair housing laws and any applicable local housing provisions

• General understanding of advertising design and ability to coordinate with advertising firms in the creation of advertisements and collateral

• Knowledge of current single-family customer product demands, drivers, and trends

• Proficiency utilizing Outlook, Microsoft Word, PowerPoint, Excel, and basic OS tools

• Experience utilizing Salesforce for workflow and approval management

• Experience utilizing Yardi or similar property management software

• Excellent customer service and interpersonal skills; ability to relate to and get along with others

• Professional verbal and written communication skills

• Ability to facilitate presentations or speak in public to large groups of people

• Strong organizational and time-management skills

• Ability to multi-task and maintain flexibility and creativity in a variety of situations

• Ability to analyze and resolve problems

• Ability to perform intermediate mathematical functions

• Ability to set and meet goals and consistently meet deadlines

• Ability to maintain confidentiality

Why Invitation Homes

We stand for flexibility, opportunity, and a home that people can make their own. It’s as true for our associates as it is for our residents. Just like we help our residents live freer, we liberate our associates’ careers, too.  Our associates know that at Invitation Homes goals matter, potential is unlocked, and careers thrive. Invitation Homes isn’t just a work place it is a possibility place. Invitation Homes offers the below to each new associate:

• Competitive pay and an annual bonus program for all associates

• Generous paid time off plans including vacation accrual, sick time, volunteer time, and standard and floating holidays

• 401k with matching company contributions

• Awesome work environment with casual dress

• Team events and gatherings

• Employee resource groups: Together with Women, Asian Alliance, Black Collective, Juntos, Gen Next, and Open Invitation.

Invitation Homes truly is where possibility lives, pour a new foundation here!

Salary Range

The salary range for this position is: $71,925.00 - $124,670.00, plus individuals may be eligible for an annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications, location, and applicable employment laws.

Compensation and Benefits

To attract and retain top talent, we're pleased to offer competitive compensation and benefits, including:

• Annual bonus program

• Health, dental, vision, and life insurance

• Long-term and short-term disability insurance

• Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays

• 401(k) with company matching contributions

• Awesome work environment with casual dress

• Team events and gatherings (Pre- and Post-Covid)

Invitation Homes is an equal opportunity employer committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law. If you have a disability or special need that requires accommodation, please contact us at humanresources@invitationhomes.com.

To all recruitment agencies: Invitation Homes does not accept agency resumes.  Please do not forward resumes to Invitation Homes employees.  Invitation Homes is not responsible for any fees related to unsolicited resumes. 

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