Development Asset Manager - Hotel and Multifamily

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 that’s redefining Austin’s skyline. Rising as the tallest building in Texas, Waterline brings together luxury living, world-class hospitality, and inspired design in one extraordinary destination. You’ll 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 You’ll 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

• Bachelor’s 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.