Wellings Capital is a real estate private equity firm based in Central Virginia with over $450 million of AUM and over $200 million of equity under management. We are dedicated to helping investors protect and grow their wealth through private commercial real estate. Our vision is to provide multi-generational financial security for our investors while rescuing victims from human trafficking through our social impact initiatives (https://www.wellingscapital.com/social-mission).

Core Values

ROI > AUM: - We’re not focused on chasing growth for the sake of growth. We’re focused on delivering returns to investors. If we do that, growth will happen as a byproduct.
Adaptability: We shift the sails, but stay the course. The market and investment opportunities will always shift, however we will stay focused on our mission and remain entrepreneurial.
Transparency: We are open when communicating with investors, sponsors, vendors, and team members about matters related to our business.
Humility: No jerks or arrogance allowed. No one has all the answers. We rely on each other, mentors, and advisors to ensure we make the best possible decisions.

The Opportunity

As Wellings Capital’s first dedicated Director of Asset Management, you’ll build and lead the firm’s asset-management platform from the ground up.

Reporting directly to the Managing Partner, you’ll drive performance across our joint venture and preferred equity investments while also overseeing a broader portfolio of LP investments with multiple operators.

This is a strategic and hands-on leadership role for an analytical, entrepreneurial professional. You’ll join a growing firm and play a key role in shaping its long-term success.

Mission

Tomaximize portfolio performance and net investor returns through disciplined oversight of operating partners, data-driven execution of business plans, and transparent communication.

This “cradle-to-grave” role is active from due diligence and acquisition through ongoing management and exit.

Key Responsibilities

First 90 Days

Review all existing JV and preferred-equity investments, business plans, and performance metrics
Evaluate and improve operator reporting processes for accuracy, timeliness, and consistency
Assess current tools and dashboards; recommend upgrades for portfolio-wide visibility
Build relationships with all operating partners and internal stakeholders

Ongoing

Lead asset management for all Wellings-controlled investments, ensuring execution of business plans and achievement of target returns
Approve operator budgets, capital plans, and annual business plans
Serve as the primary contact for operating partners, maintaining trust and accountability
Review operating results, capital spend, leasing, and financing metrics; identify risks early and propose actionable solutions
Conduct property visits (averaging once per month) to evaluate on-site execution
Participate in acquisition due diligence, providing operational insights and risk assessment to the Investment Committee
Lead quarterly portfolio reviews and support Investor Relations with investor updates, webinars, and fund reports.
Collaborate with Finance and Operations to enhance KPI dashboards and portfolio forecasting
Ensure compliance with JV and loan agreements
Identify portfolio-wide process improvements, cost savings, and revenue opportunities
Partner with leadership on exit strategies, sales, and refinancing

Bachelor’s degree in Finance, Real Estate, Business, or related field
5-8 years of relevant experience in real estate private equity, joint venture asset management, or investment management
Proven ability to oversee multiple operators and complex JV/preferred-equity structures
Strong financial analysis, budgeting, forecasting, and variance-analysis skills
Excellent communication and negotiation abilities with partners, operators, and investors
Highly organized, able to manage multiple projects in a fast-moving environment
Technologically proficient; strong in Excel, with experience in asset management or reporting software (e.g., AppFolio, RealPage, Yardi, etc.)
Must live in or relocate to Lynchburg, VA (relocation assistance provided)
Alignment with Wellings Capital’s mission and values (https://www.wellingscapital.com/about)

Compensation

Base Salary: $150,000-$200,000 (depending on experience, skills, and qualifications)
Annual Bonus: Discretionary based on performance and firm contribution
Carried Interest: Participation in the firm’s carried-interest program
Relocation Support:

Up to $15,000 stipend (including moving costs and a house-hunting trip)
Up to two months temporary housing (capped at $2,500/month) or a one-time $5,000 housing stipend
Repayment clause if employment ends voluntarily within 12 months

100% company-paid health, dental, and vision insurance (employee-only)
401(k) with company match
Three weeks (15 days) paid vacation plus additional sick time
10 paid, flexible holidays
Equipment allowance and annual learning/development budget
Hybrid flexibility once established in the role

Join Us

If you’re a proven asset-management professional who wants to build something lasting, influence firm strategy, and join a mission-driven team, we’d love to hear from you.

Wellings Capital is an equal opportunity employer. We value diversity in all forms and hire the best person for each role, regardless of background.

If you meet more than 50% of our requirements but fewer than 100%, we encourage you to apply. Our job descriptions are a starting point for discussion, not a checklist.

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