Senior Associate - Asset Management

HZ II LLC•San Francisco, CA

4d•$135,000 - $150,000

About The Position

Hamilton Zanze is hiring a Senior Associate – Asset Management to support portfolio performance across its multifamily investments. Reporting to the Managing Director, this role integrates property management execution, financial modeling, and investor reporting to maximize net operating income (NOI) and asset value. The Senior Associate develops and executes asset-level business plans for an assigned portfolio of approximately 3,500 units, ensuring operational and capital decisions align with the company’s long-term investment objectives. The role supports portfolio strategy and property management, analyzes financial and operational performance, prepares stakeholder and investor materials, and researches multifamily market trends. It includes increasing responsibility for portfolio oversight, with the opportunity to manage select assets over time. The position also negotiates certain service contracts on behalf of owners and performs other duties assigned by the manager.

Requirements

Minimum 3–5+ years of experience in multifamily or commercial real estate investment analysis, asset management, operations, or acquisitions.
Strong financial modeling skills and experience with Excel, Yardi, Vena, Power BI, or similar tools.
Excellent research, analytical, and problem-solving skills.
Excellent organizational, interpersonal, writing, and communication skills.
Self-motivated and team-oriented, with strong time-management skills and the ability to prioritize deadlines.
Ability to work independently and collaboratively in a professional environment.
Proficiency in Microsoft Office Suite, including Word, Excel, and PowerPoint.
Proficiency in Microsoft Office Dynamics.
Bachelor’s degree or equivalent experience.

Nice To Haves

A degree in real estate, business, finance, economics, or another related field.

Responsibilities

Support asset strategy for an assigned multifamily portfolio of approximately 3,500 units.
Partner with property management to execute business plans, budgets, and capital projects.
Monitor performance and support NOI growth through revenue optimization and expense control.
Take on increasing responsibility for portfolio oversight, with the opportunity to manage select assets over time.
Prepare materials for internal and external stakeholders.
Assist in communicating asset performance, strategic direction, and value-add initiatives.
Help develop, maintain, and strengthen relationships with internal and external stakeholders, including leadership, team members, investors, property managers, brokers, lenders, and service providers.
Work effectively with internal stakeholders and external stakeholders, including institutional and individual investors, lenders, and third-party vendors.
Negotiate service contracts, such as cable and laundry contracts, with third-party providers on behalf of the owner.
Prepare and maintain financial models to analyze leasing, refinancing, hold/sell decisions, and capital decisions.
Support Asset Managers with routine valuations, market comparables, and sensitivity analyses.
Review and analyze monthly cash flows.
Assist with monthly and quarterly reporting, operating statements, and variance analyses.
Conduct quarterly property valuations, including preferred return and residual multiple analysis, with awareness of sale comparables and market capitalization rates.
Participate in and support hold, sell, and refinancing analyses; help ensure P&L trends are maximized prior to sale and identify value-add opportunities for new buyers.
Track and report multifamily market trends, rent growth, operating expenses, tenant demand, and competitive dynamics.
Provide data-driven recommendations on pricing, leasing, amenities, and capital deployment.
Contribute to initiatives that enhance portfolio performance.
Perform other duties as assigned by the manager.