Asset Manager

ASSET MANAGER — DIVERSYFUND

Location: San Diego, CA (In-Person, 5 Days/Week + Quarterly Travel)

Compensation: $125,000 + Performance Bonus + Equity

Mission Level: High-Impact, Execution-Critical, Frontline Leadership

YOUR MISSION: PROTECT & ELEVATE A BILLION-DOLLAR PORTFOLIO

DiversyFund is not a traditional real estate shop — we are a fintech investment platform built to challenge the financial giants and unlock wealth for the everyday investor.

Our Asset Manager sits at the center of the battlefield.

You are:

• Guardian of the portfolio

• Driver of NOI

• Protector of investor capital

• Execution engine behind our growth from $250M to billions

You do not merely "monitor properties."

You command performance, challenge assumptions, and create value using AI, data systems, deep financial acumen, and a relentless action orientation that reflects our core ethos:

Speed. Precision. Accountability. Ownership.

If you thrive in mission-driven environments, move fast, and can produce results with zero hand-holding — you belong here.

THE ROLE: ASSET MANAGER (Multifamily Portfolio)

You will oversee, optimize, and scale a growing multifamily real estate portfolio using a combination of:

Institutional-grade financial oversight

Real estate operations discipline

AI-enhanced analytics

High-accountability leadership of third-party property managers

Strategic decision making around refinancing, dispositions, and value creation

Your mandate is simple:

Protect investor capital. Increase asset value. Accelerate NOI. Execute relentlessly.

CORE RESPONSIBILITIES

1. PORTFOLIO MANAGEMENT & VALUE CREATION

You will assess, diagnose, and optimize portfolio health daily.

Evaluate portfolio risk, capital needs, and long-term strategy.

Recommend & execute refinances, dispositions, rate cap strategies, hedging, and capital events.

Identify & drive value-add initiatives:

Improved leasing systems

Bulk internet programs

RUBS optimization

Insurance & tax savings

Operational efficiencies

Use AI dashboards to detect micro-trends early (occupancy swings, delinquency shifts, leasing velocity, reno ROI patterns).

Monitor weekly, monthly, and quarterly KPI trends.

Your goal: Increase NOI, cash flow, and overall asset valuation.

2. PROPERTY MANAGEMENT OVERSIGHT (HIGH ACCOUNTABILITY)

You will be the executive leader to our third-party PMs — not their administrator.

Conduct weekly performance calls for each asset; set expectations and drive accountability.

Review PM contracts, coordinate replacements when needed, and build relationships with top regional executives.

Create and continuously improve a standardized PM reporting system for operations, leasing, turns, collections, and capex.

Conduct quarterly max site visits; more frequently only for underperforming assets.

Track all operating KPIs:

• Occupancy

• NOI

• Cash flow

• New leases & renewals

• Delinquencies

• Turnaround timelines

• Rent growth

• Work order efficiency

Your mandate: Ensure PMs execute the business plan with precision and speed.

3. FINANCIAL STATEMENT ANALYSIS & PERFORMANCE OPTIMIZATION

You are the financial lens through which the entire portfolio is evaluated.

• Ensure PM delivers monthly financial packages by the 20th.

• Review financials for variance >5% and identify root causes.

• Reclassify expenses appropriately (above/below the line).

• Track payables, collections, and aging balances.

• Validate capital contributions & reconcile property-level cap tables with internal finance.

• Confirm accurate booking of acquisitions, loan closing costs, and refinance entries.

Your goal: Zero surprises. Zero inaccuracies. Zero delays.

4. ASSET REPORTING & INVESTOR COMMUNICATION

You will deliver performance clarity to internal stakeholders and investors.

• Prepare detailed quarterly investor reports (market conditions, operational performance, renovation updates).

• Maintain internal cap tables and performance dashboards.

• For LP positions, review sponsor reports for accuracy, distributions, and risk.

Outcome: Transparent, precise, timely reporting that instills investor confidence.

5. LENDER RELATIONS, COVENANT COMPLIANCE & REFINANCE STRATEGY

You will be the primary point of contact for all lender interactions.

• Provide required weekly/monthly reporting.

• Track all loan covenants and alert leadership to any breaches.

• Manage lender calls; present performance context and turnaround strategies.

• Prepare capex and interest reserve draw requests.

• Work with brokers to identify optimal refinance opportunities.

• Secure and oversee rate caps.

• Validate loan statements and lockbox allocations.

Your role: Maintain lender trust and capitalize on market timing.

6. VENDOR & CONSTRUCTION/RENO MANAGEMENT

You will ensure vendors deliver quality, competitive pricing, and timely results.

• Hire, oversee, and evaluate non-PM vendors (tax appeals, cost seg, bulk internet, etc.).

• Do not allow invoice mismanagement; ensure all billing flows through PM for clean books.

• Oversee renovation progress with PM and construction manager.

• Validate rent premiums achieved vs. original underwriting; adjust scope when needed.

Outcome: On-budget, on-time execution with clear ROI.

7. ACQUISITION DUE DILIGENCE & DISPOSITION SUPPORT

Support expansions and exits with institutional rigor.

For Acquisitions:

Perform site visits with PM candidates.

Review environmental, PCA, lease audits, vendor contracts, utility bills.

Prepare renovation plans and underwriting assumptions for value-add programs.

Join lender calls to outline asset management strategy.

For Dispositions:

Track local market comps and provide quarterly FMV estimates.

Identify top brokers, conduct interviews, and obtain BOVs.

Support disposition strategy with operational data and underwriting inputs.

WHO YOU ARE (VALUES & TRAITS)

The right person will embody DiversyFund's ethos:

Relentless Execution:

You move fast, close loops, and activate solutions immediately.

Ownership:

You treat every property like your own money is invested.

Warrior Mentality:

Pressure doesn't crack you — it sharpens you.

Data + AI Driven:

You leverage systems, dashboards, and technology to amplify insight and speed.

Decisive:

You make clear, timely decisions without waiting for perfect information.

Mission-Focused:

You believe in expanding access to private markets and protecting everyday investors from the

QUALIFICATIONS

• 5+ years of multifamily asset management or portfolio management experience

• Proven ability to increase NOI, cash flow, and asset value

• Strong financial modeling and variance analysis skills

• Experience managing third-party PMs with high accountability standards

• Understanding of construction, renovations, and capital expenditure planning

• Lender communication and refinance experience

• Knowledge of loan covenants, DSCR, reserves, and loan operations

• AI tools familiarity (BI dashboards, financial models, predictive analytics) is a major plus

• In-person leadership presence required (San Diego HQ)

WHY THIS ROLE MATTERS

Because our investors trust us with their futures.

Your work directly impacts:Their ability to build generational wealth

The performance of our funds

Our trajectory toward becoming a multi-billion-dollar platform

Our fight against the financial establishment

This is not a maintenance role — it's a high-performance, high-impact leadership seat.

If you thrive in fast-moving environments, hold yourself to elite standards, and want to build something monumental with a team that shares your fire…