Development Asset Manager Hotel and Multifamily
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Job Location:
San Antonio, TX - USA
Monthly Salary:
Not Disclosed
Posted on:
4 days ago
Vacancies:
1 Vacancy
Job Summary
Development Asset Manager - Hotel and Multifamily
Location: Austin TX (preferred) or San Antonio TX (with travel)
Travel: Up to 60%
About the Opportunity
Join a landmark project thats redefining Austins skyline. Rising as the tallest building in Texas Waterline brings together luxury living world-class hospitality and inspired design in one extraordinary destination. Youll work with a premier hotel brand and an elite development team to shape one of the most anticipated mixed-use properties in the state.
What Youll Do
Hotel Asset Management
- Review and analyze monthly and quarterly operator financials STR reports and performance metrics.
- Benchmark results against budget pro formas and industry KPIs (RevPAR ADR Occupancy GOP NOI).
- Serve as primary liaison between ownership and the hotel operator/brand.
- Participate in annual budgeting forecasting and strategic reviews.
- Oversee revenue management pricing and segmentation strategy.
- Evaluate marketing and sales initiatives for ROI and brand alignment.
- Monitor service quality guest satisfaction and operational efficiency.
- Drive integration between hotel operations and mixed-use amenities (parking F&B resident access etc.).
- Prepare ownership reports and dashboards summarizing financials risks and opportunities.
Multifamily Asset Management
Guide the residential side of Waterline to operational and financial success.
- Oversee asset preservation: acceptance warranty walks and ongoing inspections.
- Maintain real-time market intelligence through competitive property visits and pipeline tracking.
- Support lease-up performance analyze traffic pricing leasing velocity and marketing effectiveness.
- Provide budget oversight and identify revenue opportunities (ancillary income amenity monetization cross-selling with hotel/retail).
- Coordinate with operations teams to resolve leasing or performance challenges.
- Prepare assets for disposition by managing capital needs and due diligence.
- Produce regular reporting strategic plans and market analysis.
Qualifications
- Bachelors degree in Real Estate Finance Economics Business Accounting or related field (experience may offset education).
- 5 years of relevant experience including at least 2 years managing hospitality or hotel assets.
- Strong financial and analytical acumen with proficiency in Microsoft Excel and property management systems (Yardi RealPage or Entrata).
- Detail-oriented proactive and able to manage competing priorities in a fast-paced environment.
- Excellent communication and relationship management skills able to engage confidently with operators ownership and brand partners.
- Intellectual curiosity and a passion for creating long-term value in mixed-use assets.
Required Experience:
Manager
Key Skills
- Food Handling
- Hospitality Management
- Hotel Experience
- Hospitality Experience
- GM Vehicles
- Management Experience
- Profit & Loss
- Revenue Management
- Hotel Management
- Operations Management
- Budgeting
- Leadership Experience
About Company
Kairoi Residential is a premier, vertically integrated, multifamily investment, development and property management company headquartered in San Antonio.
