Sr. Analyst, Asset Management

Work at Carmel Partners•New York, NY

3d•Onsite

About The Position

Carmel Partners is seeking a Senior Analyst, Asset Management, based in its New York office. The role supports the Asset Management department’s goal of maximizing operating performance and investment returns at the individual asset and portfolio levels. The analyst evaluates property performance, financial results and market trends, and supports asset-level business planning, strategic initiatives and reporting to inform investment decisions and create value. The position primarily focuses on assets in the Washington, DC market. The analyst must be willing to travel to the Washington, DC/Virginia region approximately one week per month and to Boston quarterly. Prior multifamily experience in the Washington, DC market is a plus but is not required. The role works closely with onsite property management teams, Investments and internal departments. It includes property and portfolio analysis, budgeting and forecasting, revenue management support, business planning, quarterly reviews, market research, reporting, and disposition-related analysis. The successful candidate will bring intellectual curiosity, strong analytical and technical skills, organization, sound judgment, integrity and the ability to collaborate as well as work independently. The base compensation range is $115,000 to $125,000, with a bonus incentive in addition to base salary. Compensation depends on experience, qualifications and skills. Carmel Partners is unable to sponsor or assume sponsorship of an employment visa for this role; applicants must be authorized to work in the United States.

Requirements

Bachelor’s degree in real estate, finance or a related field.
At least 3 years of experience in commercial real estate, financial analysis or asset management.
Knowledge of real estate valuation, underwriting, discounted cash flow analysis, investment returns and financial modeling.
Strong financial and quantitative analysis skills, with accuracy and attention to detail in modeling and reporting.
Strong written and verbal communication skills.
Proficiency in Microsoft Excel, PowerPoint and Word.
Ability and willingness to use emerging AI tools and technology to enhance analysis, streamline workflows and improve productivity.
Ability and willingness to travel to the Washington, DC/Virginia market approximately one week per month and to the Boston market quarterly.
Applicants must be authorized to work in the United States; the company is unable to sponsor or assume sponsorship of an employment visa for this role.

Nice To Haves

Multifamily experience.
Prior experience working with multifamily assets in the Washington, DC market.
Experience with property management or revenue management systems, such as Yardi or LRO.

Responsibilities

Analyze property-level financial and operating performance, including budget variances, leasing activity, occupancy, lease expirations and market trends; identify risks, opportunities and recommended actions.
Partner with onsite property management teams to monitor execution of operating budgets and asset-level business plans, follow up on performance issues and support operational improvements.
Participate in annual property budgeting, periodic reforecasts and monthly financial reviews; evaluate assumptions, trends and performance against established objectives.
Prepare analysis and recommendations for biweekly revenue management and pricing discussions using historical and current rents, absorption, occupancy and lease expiration data.
Support development of annual asset-level business plans, including property strategies, financial targets and presentations to senior leadership.
Prepare quarterly asset reviews assessing results against budgets, historical performance and business plan goals, highlighting key drivers and opportunities.
Research property- and portfolio-level utility expenses, property taxes, ancillary income agreements and other initiatives to improve operating results.
Analyze competitive properties, submarket fundamentals, new supply, demand and positioning; conduct market visits and competitive property tours to inform asset strategy.
Develop and maintain accurate financial analyses, operating metrics and reporting for internal stakeholders and requests from investors, lenders and partners.
Collaborate with Investments and property management partners on disposition-related analysis and activities to support asset sales.
Coordinate across Asset Management, property management and internal departments to advance priorities, resolve information needs and ensure timely follow-through.
Contribute to enhancements in analytical tools, reporting, workflows and department-wide initiatives that improve efficiency and decision-making.