Senior Associate, Multifamily Asset Management

Fifteen Group Capital, LLC • Los Angeles, CA

8h • $115,000 - $135,000 • Onsite

About The Position

Fifteen Group Capital LLC is seeking a Senior Associate, Multifamily Asset Management to join their Los Angeles office. This role involves taking an active ownership role in the performance of the company's multifamily portfolio. The position is not a back-office reporting role; the individual will be embedded in the business, working directly with the SVP of Multifamily Asset Management and firm principals on business plan execution, property performance monitoring, financial analysis, and value-creation strategy across a dynamic, growing portfolio. The ideal candidate will own their assets, drive analysis for investment decisions, partner with property management on operational strategy, and coordinate with the acquisitions team on new investments. This role is suited for a self-motivated, highly analytical individual seeking an entrepreneurial environment with visible and rewarded contributions.

Requirements

• 3–5 years of experience in multifamily asset management, real estate private equity, or a related investment role.
• Demonstrated track record executing asset-level business plans and conducting financial analysis for multifamily properties.
• Bachelor’s degree in Finance, Real Estate, Business, or related field required.
• Advanced Excel proficiency for financial modeling, cash flow forecasting, and variance analysis.
• Experience with various real estate platforms.

Nice To Haves

• Exposure to large multifamily portfolios (3,000+ units) and value-add investment strategies strongly preferred.
• Experience in California, Florida, and/or Texas markets a plus.
• MBA or MSRED a plus.
• CPM or CCIM designation a plus.

Responsibilities

• Lead Business Plan Execution: Support the development and execution of asset-level business plans, including capital budgets, operational strategy, and value-creation initiatives. Track progress across workstreams (finance, property management, capital improvements), identify issues/opportunities, and present recommendations. Monitor property performance against underwriting and budget, building analysis for strategic decisions. Support hold/sell analysis and disposition strategy.
• Drive Financial Performance: Forecast future cash flows, distributions, and returns using dynamic financial models. Own budgeting, forecasting, and variance analysis, identifying deviations, understanding drivers, and presenting recommendations. Prepare monthly/quarterly financial reports, NOI analyses, and KPI dashboards. Analyze leasing performance, loss-to-lease capture, rent growth, and market positioning, translating findings into actionable strategy.
• Partner with Property Management: Work directly with third-party property management teams to implement operational strategies, push performance, and resolve issues impacting NOI. Monitor occupancy, leasing velocity, renewal rates, and expense management relative to budget and market benchmarks. Travel regularly to portfolio properties for site visits and to assess performance.
• Support Capital Projects & Value-Add Programs: Coordinate with the Director of Multifamily Capital Projects on renovation programs, capital improvement scopes, and repositioning initiatives. Track capital project budgets and timelines against underwriting assumptions and flag variances.
• Contribute to Acquisitions: Assist the acquisitions team with underwriting, due diligence, and operational assumption development for new investment opportunities. Support onboarding and transition of newly acquired assets. Contribute market intelligence to inform acquisition strategy.

Benefits

• Competitive Compensation. Base salary of $115,000–$135,000 commensurate with experience, plus an annual performance bonus of 15–25% of base salary.
• Career Growth. A clearly defined path from Senior Associate to VP of Asset Management within an actively growing investment platform.
• Direct Exposure. Daily interaction with the SVP and firm principals in a lean, high-visibility team where your work shapes real investment decisions.
• Portfolio Scale. Immediate exposure to a large, geographically diverse multifamily portfolio spanning California, Florida, Texas, and the Sunbelt.
• Comprehensive Benefits. Health, dental, and vision insurance; 401(k) with company match; paid time off; and paid holidays.
• Entrepreneurial Culture. A fast-moving, collaborative environment where smart people work hard, support each other, and take genuine pride in what they build.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior