Asset Management Analyst - Multifamily Real Estate
Bluecore Residential · New York, United States · 2 wk ago
RemoteRemoteAnalystFull-time
Key Responsibilities
- Prepare monthly and quarterly variance-to-budget analyses, decomposing variances into operational drivers (occupancy, lease trade-outs, renewals, controllable expenses), market conditions (rent trends, concessions, supply), and comparable property performance
- Maintain and enhance market comp sets; track submarket rent, occupancy, and concession data to contextualize asset performance
- Partner with Property Management to identify performance gaps, validate budget assumptions, and track corrective action plans
- Build and maintain Excel models and reporting tools for budget-vs-actual tracking, trend analysis, and portfolio rollups
- Extract and analyze property management system data (Yardi or similar) to support recurring reporting and ad hoc analysis
- Analyze Underwriting
- Support investment reporting materials, including memos, return analysis, and scenario modeling
- Ai & Process Optimization
- Leverage AI tools (e.g., Claude, ChatGPT, Excel integrations) to streamline analysis, underwriting, reporting, and workflows
- Help develop and refine internal processes to improve efficiency and scalability
- Identify opportunities to automate recurring analyses and enhance data quality
Requirements
- Bachelor's degree in Finance, Economics, Accounting, Business, or a related field
- 1-4 years of experience in multifamily or commercial real estate — asset management, property accounting, acquisitions, FP&A, or valuation/appraisal backgrounds all considered
- Strong financial modeling skills in Excel, including the ability to build and audit models
- Familiarity with multifamily operating statements and key metrics, including NOI, economic occupancy, trade-outs, and expense ratios
Preferred Requirements
- Exposure to AI tools for investment workflows
- Experience with Yardi, RealPage, Entrata, or comparable property management systems
Benefits
- Performance Bonuses
- Paid Time Off - Unlimited DTO starting upon hire
- Mentorship - Work with an experienced team of multifamily investment professionals
- Holiday Pay - 10 full paid holidays
- Paid Volunteer Hours - 8 hours of paid volunteer time you can use throughout the year
- Housing Discounts - 25% off rent available for all employees off any unit
- Comprehensive Insurance Benefits - Medical PPO, HDHP, FSA, HSA with employer match, Dental, Vision, STD, & LTD
- Retail & Personal Discounts - Company rate National/Enterprise rental cars for leisure travel, plus additional discounts with Verizon (18% discount) and Expedia (10% discount)
- Certification Reimbursement - Full reimbursement for approved industry related certifications, including CAM, CPO, EPA, and more!
- Tech Forward & Transparent Culture - Innovative internal software to make your job easier!
- Cultural Appeal - We run on transparency and healthy debate (No Fear of Conflict); you are encouraged to appeal and share what is not working well.