Real Estate

Asset Management Associate

$90,000 - $120,000
New York
Full Time

Our Client is a rapidly growing affordable, workforce, and mixed-income multifamily housing company that is currently seeking an Asset Management Associate.

Primary Responsibilities:

  • Prepare detailed financial models and ad hoc financial forecasting and analyses
  • Create and manage asset level business plans
  • Oversee residential and retail leasing through broker management and pricing strategies
  • Prepare investment memos and presentations for senior management
  • Monitor the performance of existing portfolio investments through financial
  • Manage special projects and interface with diverse departments
  • Work closely with construction managers to determine project schedule, scope and capital needs
  • Oversee budgets and monthly variance reports submitted by property management
  • Identify value add projects throughout portfolio
  • Visit properties on an as-needed basis
  • Work closely with senior management to evaluate capital events and hold/sell analysis

Qualifications & Requirements:

  • Experience
    • Minimum 3-5 years’ applicable real estate experience required
  • Education
    • Bachelor’s degree required
  • Financial modeling (Microsoft Excel) and analytical skills
  • Demonstrated competency in financial statement analysis, business valuation, accounting and finance.
  • Knowledge of the NYC residential and retail rental market a plus
  • Manages multiple priorities while demonstrating the initiative to produce results by driving processes
  • Team-oriented with strong integrity and professionalism.
  • Bright and flexible with strong organizational skills.