Asset Living

Reserve Draw Specialist

Remote

Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, Property ManagementIndustries

Company Overview

Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986, Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning, our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Living's growing portfolio includes a multitude of properties across the country that span the multifamily, single-family home rentals, affordable housing, build-to-rent, active adult, and student housing divisions.

Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living, we wholeheartedly believe 'Together We Lead, Together We Succeed’. We empower each other to lead by example, collaborate, and evolve – inspired by our belief that we can continually improve as individuals and as an organization. Together, we create an environment where every voice is heard, every idea is valued, and every individual experiences opportunities to grow as our company grows. When you join Asset Living, you become part of a dynamic team that thrives on unity, unique talents, and a universal culture of winning.

Recognized as one of the nation's Best and Brightest Places to Work and ranked in the NMHC top 50 professionals, join Asset Living because of its reputation as the most trusted partner in real estate, workplace culture, and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together, we lead the way, and together, we achieve excellence in all that we do. Join a workplace where success is a collective journey and leadership is a shared responsibility.

Position Overview

Position: Reserve Draw Specialist

The Reserve Draw Specialist is responsible for creating draws for 40+ properties.

Responsibilities

  • Responsible for all aspects of creating draws and maintaining the draw matrix
  • Ensure all necessary items are available for the draws
  • Completing required lender documents
  • Sending completed draw and following up as necessary
  • Assist the Accounts Payable with weekly check runs, sorting and mailing checks, etc.

Requirements

  • Ability to handle confidential information in a discreet, professional manner.
  • Excellent interpersonal, written, and verbal communication skills.
  • Proficient with Word and Excel.
  • Able to meet deadlines.
  • Strong work ethic.
  • Proven organizational skills with attention to detail; accuracy is imperative.
  • Ability to work independently and with a team in a fast-paced and high-volume environment.

Additional Information

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor, an employee may be asked to perform additional duties or take on additional responsibilities without notice.

Location

#LI-Remote

Skills

Reserve Draw
Financial Reporting
Reconciliation
Accounts Payable
Accounts Receivable
Data Entry
Customer Service
Microsoft Excel
Property Management Software

Asset Living

Third-party property management for housing

About Asset Living

Asset Living specializes in managing various types of residential properties, including multi-family housing, campus housing, and affordable housing throughout the United States. The company provides a wide range of property management services, which encompass daily operations, maintenance, leasing, marketing, and financial management. This comprehensive approach helps property owners enhance their investments and achieve high occupancy rates. Unlike many competitors, Asset Living has a strong focus on diverse housing segments, allowing them to cater to different community needs effectively. With over 35 years of experience and a reputation for reliability, Asset Living aims to create thriving communities while delivering exceptional value to clients.

Houston, TexasHeadquarters
1986Year Founded
GROWTH_EQUITY_VCCompany Stage
Real EstateIndustries
501-1,000Employees

Risks

Rising interest rates may reduce demand for multi-family and affordable housing management.
Remote work trends could decrease demand for student housing management services.
Prefabricated construction trends may disrupt traditional property management models.

Differentiation

Asset Living is ranked No. 1 in student housing management for 14 years.
The company manages a diverse portfolio, including multi-family, student, and affordable housing.
Asset Living offers comprehensive property management services, enhancing client investment returns.

Upsides

Asset Living achieved a 95% occupancy rate in student housing, surpassing industry averages.
The company has a strong national presence, managing 100,000 units and 133,500 beds.
Asset Living's fundraising efforts align with social causes, enhancing its community reputation.

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