Asset Management Associate

Associate Services, LLC • Aliso Viejo, CA

76d

About The Position

The Asset Management Associate will assist in all aspects of the Company’s investments activities, and work with property management, regional development offices, Controllers, and the Investments team to ensure a proactive approach to internal and external compliance, reporting standards and partner communication.

Requirements

• Bachelor's degree in Finance, Real Estate, and/or Economics.
• Master’s degree in Finance, Real Estate and/or Economics preferred.
• 2 – 3+ years of experience in real estate finance, preferably with multifamily background.
• Advanced Microsoft applications experience (Excel, PowerPoint, Word).
• Experience with BI platforms, Power BI preferred.
• Excellent organizational, interpersonal, quantitative, writing and communication skills.
• Strong time management skills, with the ability to manage a variety of tasks and timelines simultaneously.

Responsibilities

• Assist Senior Asset Managers in setting and implementing property level business plans to maximize property value by meeting or exceeding underwriting assumptions.
• Assist in setting rents and managing the renewal process.
• Provide analytical support on a wide variety of assignments including cash flow modeling and reforecasting, review of property operating statements and market research.
• Support appraisals, valuations, and disposition processes.
• Analyze financial data and reports against budgets and financial benchmarks.
• Track historical income and expense data.
• Analyze granular month by month lease-up strategies.
• Manage monthly and weekly reporting utilizing BI platforms.
• Collaborate with other internal business units to analyze vacancy, absorption, rental rates, and sales.
• Assist in underwriting of new development or acquisition opportunities.

What This Job Offers

• Education Level: Bachelor's degree
• Number of Employees: 501-1,000 employees