Senior Associate - Asset Management

Hamilton Zanze•San Francisco, CA

3d•$135,000 - $150,000

About The Position

The Senior Associate – Asset Management reports to the Managing Director and serves as a primary driver of portfolio performance across Hamilton Zanze’s multifamily investments. The 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 a designated portfolio, aligning operational and capital decisions with the company’s long-term investment objectives. The position supports strategy and oversight for an assigned multifamily portfolio of approximately 3,500 units, works with property management on business plans, budgets, and capital projects, and contributes to investor and stakeholder communications. It also involves financial and operational analysis, market research, contract negotiation, and recommendations to improve portfolio performance.

Requirements

At least 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 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; preferably in real estate, business, finance, economics, or a 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 drive NOI growth through revenue optimization and expense control.
Take on increasing portfolio oversight, with the opportunity to manage select assets over time.
Prepare materials for internal and external stakeholders and help communicate asset performance, strategic direction, and value-add initiatives.
Develop, maintain, and drive strong relationships with internal and external stakeholders, including leadership, team members, investors, property managers, brokers, lenders, and service providers.
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 comparisons, and sensitivity analyses.
Review and analyze monthly cash flows.
Assist in preparing 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 refinance analyses; help ensure P&L trends are maximized before sale and identify value-add opportunities for prospective 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.