Asset Management Analyst - Multifamily Real Estate

Bluecrest Residential•New York, NY

4d•Remote

About The Position

Bluecore Residential is seeking an Asset Management Analyst to join their team. This is a 100% remote position that offers direct exposure to the company's Founders and senior leadership. The role sits at the intersection of Operations and the Investment team, supporting budgeting, underwriting analysis, and operational performance monitoring across their multifamily portfolio. The Asset Management Analyst will be responsible for ensuring that asset-level operating performance is measured against underwriting assumptions and annual budgets, and for explaining any divergences. This is a high-visibility role with a strong potential for career growth into asset management or acquisitions.

Requirements

Bachelor's degree in Finance, Economics, Accounting, Business, or a related field.
1-4 years of experience in multifamily or commercial real estate — asset management, property accounting, acquisitions, FP&A, or valuation/appraisal backgrounds all considered.
Strong financial modeling skills in Excel, including the ability to build and audit models.
Familiarity with multifamily operating statements and key metrics, including NOI, economic occupancy, trade-outs, and expense ratios.

Nice To Haves

Exposure to AI tools for investment workflows.
Experience with Yardi, RealPage, Entrata, or comparable property management systems.

Responsibilities

Prepare monthly and quarterly variance-to-budget analyses, decomposing variances into operational drivers (occupancy, lease trade-outs, renewals, controllable expenses), market conditions (rent trends, concessions, supply), and comparable property performance.
Maintain and enhance market comp sets; track submarket rent, occupancy, and concession data to contextualize asset performance.
Partner with Property Management to identify performance gaps, validate budget assumptions, and track corrective action plans.
Build and maintain Excel models and reporting tools for budget-vs-actual tracking, trend analysis, and portfolio rollups.
Extract and analyze property management system data (Yardi or similar) to support recurring reporting and ad hoc analysis.
Analyze underwriting budgets and operating assumptions for multifamily assets at acquisition and throughout the hold period.
Support investment reporting materials, including memos, return analysis, and scenario modeling.
Assist in due diligence processes, including review of third-party reports and financial data.
Support the annual budgeting process: build, model, and stress-test property-level operating budgets in partnership with Asset Management and Property Management.
Support investor reporting with asset-level performance narratives and supporting schedules.
Assist Asset Management with hold/sell analyses, refinancing support, and business plan updates as needed.
Leverage AI tools (e.g., Claude, ChatGPT, Excel integrations) to streamline analysis, underwriting, reporting, and workflows.
Help develop and refine internal processes to improve efficiency and scalability.
Identify opportunities to automate recurring analyses and enhance data quality.

Benefits

Performance Bonuses
Unlimited Paid Time Off (DTO) starting upon hire
Mentorship from experienced multifamily investment professionals
10 full paid holidays
8 hours of paid volunteer time per year
25% off rent for employees on any unit
Comprehensive Insurance Benefits: Medical PPO, HDHP, FSA, HSA with employer match, Dental, Vision, STD, & LTD
401K with a 25% company match up to 6%
Travel & Personal Discounts: Company rate National/Enterprise rental cars for leisure travel, Verizon (18% discount), and Expedia (10% discount)
Certification Reimbursement for approved industry-related certifications (CAM, CPO, EPA, etc.)
Innovative internal software
Transparent and healthy debate culture