Asset Management Associate - Property Management

Endeavor Real Estate Group•Austin, TX

About The Position

The Asset Management Associate supports the development and execution of asset business plans and monitors financial, operational, and leasing performance across commercial real estate assets. The role develops financial models and forecasts, analyzes property results, and identifies risks, trends, and opportunities for senior leadership. It also supports leasing and capital planning, property operations, transactions, investment analysis, portfolio oversight, and risk management, working with internal teams and outside advisors.

Requirements

Bachelor's degree required, though significant experience may substitute.
Approximately 3–5 years of relevant commercial real estate experience in asset management, property management, acquisitions, investment analysis, commercial finance, or a related discipline.
Strong Excel skills and demonstrated financial analysis capabilities, including experience with financial statements, budgeting, and property-level cash flows.
Strong analytical thinking and attention to detail, with the ability to translate financial and operational information into actionable recommendations.
Excellent communication, organization, and collaboration skills, with the ability to manage competing priorities and work effectively across teams.
Intellectual curiosity, accountability, and a desire to develop broader commercial real estate investment and asset management expertise.

Nice To Haves

Degree in Real Estate, Finance, Accounting, Economics, Business, or a related field.
Commercial office experience, including familiarity with lease structures, property operations, and building systems.
Experience with Yardi or comparable commercial real estate software.

Responsibilities

Support development and execution of annual and long-term asset business plans, including budgets, underwriting, leasing strategies, capital plans, and investment objectives.
Monitor financial, operational, and leasing performance against business plans and underwriting; identify trends, risks, and opportunities and develop recommendations for senior leadership.
Analyze property financial statements, cash flows, operating budgets, and key performance indicators; investigate material variances and anticipated funding needs.
Develop and maintain asset-level financial models, cash-flow forecasts, and portfolio reporting to support investment decisions.
Monitor leasing activity, expirations, rollover exposure, and tenant retention opportunities; assist in evaluating significant lease proposals, letters of intent, and lease documents.
Develop and maintain short- and long-term capital plans incorporating building-system lifecycle requirements, deferred maintenance, and asset investment objectives.
Evaluate proposed capital expenditures and value-enhancement initiatives, including their financial impact, timing, and alignment with asset strategies.
Monitor significant capital projects, budgets, and forecasts in coordination with Property Management, Engineering, and Construction.
Collaborate with Property Management, Leasing, Construction, and Accounting to advance approved asset strategies and key initiatives.
Evaluate significant operational issues, property expenditures, and opportunities to improve NOI, occupancy, tenant retention, and asset value.
Conduct periodic property visits to assess building condition, tenant experience, and competitive positioning.
Support acquisition underwriting, due diligence, refinancing, hold/sell evaluations, and dispositions.
Assist with lender and investor reporting, transaction documentation, and property onboarding following acquisitions or management transitions.
Track significant portfolio events, including lease expirations, capital expenditures, debt maturities, and other key obligations.
Prepare financial analyses, presentations, and supporting materials for ownership meetings and investment discussions.
Coordinate with internal teams and outside advisors on significant legal, insurance, and asset-related risks.
Support improvements to asset management processes, reporting, and analytical tools.