About the Company
At Cortland, we do things differently. We are a vertically integrated multifamily investment and management firm focused on delivering a deeply resident-centric living experience. From concept to completion, we manage the entire lifecycle of our communities—including investment management, design, construction, and operations. As we continue to execute on our value-add and core-plus acquisition strategies across high-growth US markets, we are seeking a highly analytical and driven Contract Asset Manager to optimize portfolio performance.
About the Role
As a Contract Asset Manager, you will play a critical role in executing asset-level business plans intended to maximize Net Operating Income (NOI) growth, occupancy, and resident retention across an assigned regional multifamily portfolio. Working fully remotely, you will act as a key financial and operational strategist, leveraging proprietary data analytics to bridge the gap between Cortland's Investments and Regional Operations leadership teams.
Responsibilities
- Portfolio Strategy Execution: Oversee and drive the execution of asset-specific business plans, ensuring regional properties meet or exceed underwritten proforma targets and investor expectations.
- Financial Modeling & Analytics: Analyze property financial statements, perform variance analyses, and evaluate operational metrics (occupancy, renewal rates, and rent growth) to identify opportunities for revenue enhancement and expense containment.
- Value-Add Strategy Oversight: Monitor the progress, budgets, and ROI of capital improvement and renovation programs (common areas and unit turns) in alignment with Cortland Build teams.
- Operational Collaboration: Partner closely with Regional Operations, Revenue Management, and Marketing leaders to establish strategic pricing, maximize concession efficiencies, and optimize community performance.
- Investor & Leadership Reporting: Synthesize complex property- and portfolio-level valuations, preparing clear, concise performance packages, market research briefs, and cash flow projections for corporate leadership.
Qualifications
- Professional Experience: 4+ years of real estate asset management or investment analysis experience, with a heavy emphasis on multifamily / apartment communities.
- Financial Acumen: Advanced proficiency in real estate financial modeling, proforma underwriting, and comprehensive knowledge of industry-standard analytical spreadsheets.
- Market Knowledge: Deep understanding of macroeconomic trends, supply/demand dynamics, and competitive benchmarking within major US growth markets.
- Systems Familiarity: Experience using property management systems (e.g., Yardi, RealPage) and CRM/BI tools is highly preferred.
- Communication: Strong interpersonal skills with the ability to convey complex financial data and strategic direction clearly to cross-functional operational teams.
Contract Terms & Structure
- Workplace Policy: 100% Remote (Must be based in the United States, with a preference for time zones aligned with targeted regional portfolios).
- Contract Type: Independent Contractor (1099) or Corp-to-Corp (C2C).
- Duration: 6-month initial engagement with strong potential for extension based on performance.
- Travel: While primarily remote, minimal travel may be requested to evaluate assets or local submarket conditions (expenses reimbursed).
Pay Range and Compensation Package
Cortland is an equal opportunity organization. We celebrate diversity and are committed to creating an inclusive environment for all partners, employees, and contractors.