Managing Director, Asset Management - Student Housing
Managing Director, Asset Management - Student Housing
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$ 200000 - 250000
1 Vacancy
Job Description
Job Details
Description
Who We Are
Core Spaces (Core) is more than a real estate company its a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do: PUSH (Invent Better Places to Live) GRIT (We Got This) LIFT (Help Each Other Win) SHINE (Bring Your Full Self) UPHOLD (Never Break Trust) GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.
What We Do
Founded in 2010 Core is a vertically integrated company focused on acquiring developing and managing across the student housing and build-to-rent (BTR) sectors. Its residential communities feature world-class amenities progressive design and hospitality-driven client service. In its award-winning student portfolio Core currently owns and/or manages over 45000 beds and has a pipeline of over 49000 beds in various stages of development. Cores BTR division currently has approximately 4000 homes under development and in its pipeline in high-growth metros across the country. * For more information visit .
*Portfolio and pipeline numbers as of Q1 2025
Benefits That Matter
- A culture that provides you with a sense of belonging
- Hybrid or remote work options may vary by role to support work-life balance
- Competitive pay that values your contributions
- Incentives designed to reward your achievements
- Paid unlimited PTO to disconnect or celebrate life milestones
- Paid 15 holidays including your birthday to disconnect and celebrate
- Paid Parental Leave that begins after 90 days
- Paid volunteer time off to give back to your community
- Monthly workshop weeks; fewer meetings & more collaboration
- Robust health plan options that begin within at least 30 days of your employment
- Monthly phone reimbursement
- Wellness allowance and perks including a yearly subscription to a meditation app
- An environment that provides you a voice to share your perspectives
- Employee Assistance Program (EAP) for access to confidential support services
- Company retirement options including 401(k) matching & Roth account option
Position Overview
The Managing Director Asset Management Student Housing leads the strategy performance and growth of Cores national student housing portfolio. This senior leadership role drives execution across the full lifecycle of student housing investmentsfrom acquisition and development through operations and disposition. The Managing Director will guide portfolio strategy optimize asset performance and maintain strong relationships with internal partners and external investors. The role requires a combination of strategic vision data-driven decision-making cross-functional leadership and deep expertise in student housing operations and investments.
What You Will Do
- Lead all aspects of the student housing asset management platform including performance growth and strategic planning
- Manage full investment lifecycle: acquisition underwriting operational oversight capital planning and exit strategies
- Grow lead and develop an Asset Management team to execute the long-term investment strategies aligned with the organizations and investment partners goals
- Create and implement best practices operational KPIs and scalable reporting frameworks across the student portfolio
- Serve as the primary point of contact for investor and joint venture partner communications
- Manage annual budgeting process capital planning and long-term financial performance for the student housing portfolio
- Collaborate with Operations Marketing Property Accounting and Development teams to ensure alignment on business goals
- Prepare and present monthly and quarterly investment reporting for internal leadership and equity partners
- Support transaction activities including dispositions recapitalizations and capital market efforts
- Represent Asset Management in investor meetings internal strategy sessions and cross-functional planning
- Occasional travel may be necessary as needed
- Perform all other duties and tasks as assigned by management
- Must be able to complete all physical requirements of this role with or without a reasonable accommodation
Ideally youll have
- Bachelors Degree in Finance Accounting Economics Real Estate or a related field; MBA or relevant advanced degree preferred
- 15 years of relevant real estate experience with an emphasis on student housing multifamily or related sectors
- Strong financial and operational acumen including budget management and strategic analysis
- Proven ability to lead mentor and scale high-performing teams
- Executive presence and experience interacting with institutional investors
- Advanced proficiency in Excel PowerPoint and real estate financial modeling
- Strong project management and communication skills
- High standards of integrity and professionalism
- Willingness to travel occasionally
Youll crush it if you have experience with
- Overseeing performance and strategy of a large-scale student housing portfolio
- Communicating effectively with joint venture partners lenders and institutional investors
- Building and leading cross-functional teams across Finance Operations and Development
- Developing operational dashboards KPIs and investor reporting templates
Organizational Structure
Reports to: Chief Capital Officer
Direct Reports: Director(s) or Senior Director(s) Asset Management Student Housing
Disclaimer: Please note that job responsibilities reporting lines and duties outlined in this job description are subject to change to meet the evolving needs of the organization.
As an Equal Opportunity Employer Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.
Base salary range: $200000 - $250000 plus annual bonus opportunities. Total compensation potential up to $400000 annually based on performance.
Required Experience:
Director
Employment Type
Full-Time
