Senior Associate, Investments

AIR Communities•Chicago, IL

2d•$165,000 - $178,500

About The Position

The Senior Associate, Investments plays a pivotal role in optimizing investment returns across AIR Communities’ multifamily portfolio. Working closely with Asset Management and other internal stakeholders, this role leads portfolio disposition activity and helps ensure assets achieve optimal capital-market outcomes. The position requires a comprehensive understanding of multifamily investment lifecycles, market conditions, operational value-add opportunities, valuations, and disposition practices. The role oversees asset dispositions from analysis and returns evaluation through broker selection, buyer discussions, Purchase and Sale Agreement negotiations, due diligence, and closing. It also reviews asset strategies, coordinates hold/sell analyses, leads portfolio valuations and scenario updates, and works with internal teams and external parties to position assets for capital-market activity. The role reviews portfolio performance and collaborates on changes to business plans when needed. Travel is required.

Requirements

At least 5 years of multifamily asset management, portfolio management, and/or investment experience.
Direct deal-execution experience, including leading multiple simultaneous Purchase Agreement negotiations and closings, specifically for dispositions.
Ability to read and understand legal documents, including purchase and sale agreements, loan agreements, and title reports.
Ability to communicate confidently about detailed multifamily operational strategy and investment positioning.
Strong attention to detail, comprehension, negotiation, and analytical skills.
Ability to manage multiple projects, meet tight deadlines, and maintain a high level of accuracy.
Ability to build strong organizational relationships and quickly establish credibility and trust with colleagues.
Bachelor’s degree in Finance, Business, or a related field.
Willingness to travel.

Nice To Haves

Multifamily experience ideally gained in a private equity context and covering multiple markets.

Responsibilities

Oversee and coordinate asset dispositions, including asset analysis, returns evaluation, broker selection, buyer discussions, Purchase and Sale Agreement negotiations, due diligence, and closing.
Review and provide input on asset strategies intended to maximize investment returns.
Coordinate hold/sell analyses and develop strategies based on the findings.
Lead periodic portfolio valuation and scenario-analysis updates.
Maintain and develop relationships with external parties, including attorneys and brokers, to support disposition objectives.
Partner with Asset Management, Financial Operations, and Debt Capital Markets to position assets for capital-market activity and flag assets or markets based on actionable trends.
Review portfolio performance to assess whether asset business plans are on track and collaborate on adjustments as needed.

Benefits

25% rent discount.
Medical, dental, vision, and life insurance options.
Health Savings Account with company-sponsored contributions and traditional and dependent-care Flexible Spending Accounts.
Company-paid short- and long-term disability.
401(k) with 6% company contributions.
Paid vacation, 14 paid holidays, and paid sick time.
Tuition assistance program.
Commuter benefits and pet insurance.
Up to 100% reimbursement for job-related professional certification or licensing programs.
Paid parental leave of up to 16 weeks following the birth or adoption of a child.
Consumer discounts on products and services.
15 hours of paid annual time to give back to the community.
Professional development and career-growth opportunities, including leadership training and performance-improvement courses.
Annual bonus opportunity.