Associate (Asset Management)

Job summary

Reporting to the Head of Asset Management, this position will provide Analytical and Administrative support to the Asset Management Team.  Further, the Associate will collaborate closely with the Investment Team to support Underwriting and Project analysis.

Responsibilities
  • Review and finalize monthly forecasts and create quarterly projections
  • Perform IRR, cash-on-cash, NPV, ROI, and discounted cash flow analysis
  • Oversee quarterly investor reporting process
  • Oversee quarterly portfolio review and reporting
  • Prepare lease reviews and AM fee comparison sheets
  • Prepare sale analysis
  • Prepare investor property performance presentations
  • Perform market trend analysis for all property types
  • Support development and acquisition analysis
  • Prepare ad hoc owners and internal review reports
  • Monitor property level performance and tracking to KPIs
  • Perform valuation analysis
  • Assist with review of annual budgets, marketing strategy, and operations analysis
  • Create property-level business plans
  • Assist in execution of annual unit goals and objectives
  • Coordinate lender relationship support; provide information, analysis, and monitor covenant compliance
  • Monitor portfolio-wide functions: insurance, reserves, real estate taxes, etc.
  • Support Yardi reporting and assist with special projects
  • Other duties and projects that may be assigned
Qualifications
  • BA/BS degree in Economics, Finance, Real Estate or related field, MBA or graduate degree in Finance or Real Estate a plus
  • 2 to 3 years of experience in the real estate industry, with background as an analyst supporting an asset or portfolio management unit
  • Underwriting or analysis exposure to hotel, multifamily, and office asset types
  • Knowledge of MS Word, Excel and Microsoft outlook required, Argus and Yardi a plus
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