Asset Management Associate

About the role

FIFTEEN GROUP CAPITAL LLC is a real estate private investment firm with offices in Miami, Florida and Los Angeles, California. We specialize in opportunity-driven, value-added acquisitions across multifamily, commercial, and mixed-use assets in Florida, Texas, California, and the broader Sunbelt. We are seeking an Associate / Senior Associate, Multifamily Asset Management to join our Miami or Los Angeles office.

Responsibilities

• Lead Business Plan Execution
• Support the development and execution of asset-level business plans — capital budgets, operational strategy, and value-creation initiatives — across your assigned portfolio.
• Track multi-layered business plan progress across finance, property management, and capital improvement workstreams, identifying issues and opportunities and bringing recommendations to senior leadership.
• Monitor property performance against underwriting assumptions and budget, building the analysis that drives strategic decisions.
• Support hold/sell analysis and disposition strategy for portfolio assets approaching the end of their investment horizon.
• Drive Financial Performance
• Forecast future cash flows, distributions, and returns for assigned assets using dynamic financial models.
• Own budgeting, forecasting, and variance analysis for your portfolio — identify deviations, understand the drivers, and present clear recommendations.
• Prepare monthly and quarterly financial reports, NOI analyses, and KPI dashboards for regional leadership and firm principals.
• Analyze leasing performance, loss-to-lease capture, rent growth, and market positioning — then translate 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 across your assets relative to budget and market benchmarks.
• Travel regularly to portfolio properties to conduct site visits, meet with management teams, and assess asset performance firsthand.
• 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 early.
• Support 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 into the asset management platform.
• Bring market intelligence from your day-to-day asset management work to inform acquisition strategy.

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.
• Exposure to large multifamily portfolios and value-add investment strategies strongly preferred.
• Experience in California, Florida, and/or Texas markets a plus.
• Bachelor’s degree in Finance, Real Estate, Business, or related field required.
• MBA or MSRED a plus.
• CPM or CCIM designation a plus.

Qualifications

• Strong analytical and financial modeling capabilities — you can synthesize complex data and turn it into clear, actionable recommendations.
• A self-starter who operates with minimal oversight and takes ownership of your portfolio.
• Ability to quickly analyze real-time data and make business plan recommendations in a fast-paced, entrepreneurial environment.
• Exceptional communication skills that can tailor analysis and strategy to both technical and non-technical audiences.
• High attention to detail and a rigorous, methodical approach to financial analysis.
• Strong work ethic and an ownership mindset — you treat the portfolio like it’s your own.

Skills & Strengths

• Advanced Excel proficiency for financial modeling, cash flow forecasting, and variance analysis.
• Experience with various real estate platforms.

Benefits

• Competitive Compensation. Base salary of $120,000–$150,000 commensurate with experience, plus an annual performance bonus of 15–30% of base salary.
• Career Growth. A clearly defined path from Associate / Senior Associate to Senior Associate / VP of Asset Management within an actively growing investment platform.
• Direct Exposure. Daily interaction with regional leadership 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.