Senior Associate, Student Housing / Multifamily
About The Position
The role supports asset management oversight of multifamily and student housing properties, including stabilized assets, repositioning, ground-up development, and redevelopment projects. The position monitors asset-level performance, prepares financial and operational reports, and supports budgeting, forecasting, and business-plan execution. It is based in Kayne Anderson Real Estate’s Boca Raton, Florida office. The successful candidate will have relevant experience in financial analysis, real estate investments, and asset-management reporting. The role involves working with internal teams, property managers, partners, and external parties to evaluate performance, maintain properties, assess leasing strategies and capital requests, and provide information for strategic decisions and stakeholder reporting.
Requirements
- At least 5 years of relevant asset management, FP&A, or portfolio analysis experience in the multifamily or student housing sectors.
- Bachelor’s degree in Finance, Accounting, Real Estate, Economics, or an equivalent business-related field from a four-year college or university, or equivalent experience or education.
- Strong financial, analytical, and computer skills, including proficiency in Excel.
- Excellent communication, organizational, financial, and time-management skills.
- Ability to handle multiple tasks, manage time effectively, prioritize projects and tasks, and work independently with a high attention to detail.
- Sound judgment and ability to identify relevant questions and important issues when evaluating a situation.
- Genuine desire to excel in work execution and passion for the role.
- Strong interest in working with the Kayne team and leveraging external resources to achieve exceptional results.
Nice To Haves
- Experience with asset management platforms and software packages.
Responsibilities
- Support the Asset Management platform through regular oversight, analytical assistance, and business-plan execution for multifamily and student housing properties.
- Analyze periodic leasing, occupancy, and trend reports and follow up on questions about activity from the prior period.
- Prepare quarterly updates on property financial and operational performance, highlighting notable variances and explaining them.
- Collaborate with partners and property management to ensure assets are properly maintained and comply with regulations.
- Coordinate with external parties, including government authorities and brokers.
- Coordinate with other departments and respond to requests for property-level data and metrics for investors, lenders, and partners.
- Communicate analyses to key stakeholders within Kayne Anderson Real Estate to support informed strategic decisions.
- Participate in the annual operating and capital expenditure budgeting process.
- Review and evaluate capital expenditure requests, considering property-value enhancements and return on cost when applicable.
- Assist in preparing and presenting annual business plans.
- Assist with transitioning properties from Acquisitions to Asset Management.
- Review, evaluate, and support proposed leasing strategies by assessing market trends and comparable properties and rental rates.
- Review and evaluate monthly profit and loss statements and operating reports.
- Provide reporting and analytical support to senior management as requested.
- Perform ad hoc duties as required.
Benefits
- Competitive medical, dental, and vision insurance
- Flexible spending accounts for dependent care, healthcare, and limited-purpose expenses
- Accident and critical illness insurance
- Long-term disability insurance
- Competitive 401(k) benefits
- Pet healthcare savings program
- Member’s Only Healthcare healthcare-navigation service
- WellHub corporate wellness platform
- $10,000 lifetime reimbursement for family-forming services, such as IVF, adoption, and surrogacy
- Rocket Lawyer legal benefits
- Reimbursement of professional society memberships and exam fees
- Up to $10,000 in annual matching for contributions to qualified nonprofit organizations
- Parental leave
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What This Job Offers
Job Type
Full-time
Career Level
Senior
