Associate, Asset Management

About the Role

LivCor is seeking an Associate, Asset Management to support the Florida portfolio. The Associate will be based in either Chicago or Atlanta, and will aid in maximizing the value of the company's Florida assets.

What You Will Do

• Assist with oversight of a portfolio of assets, identifying the economic viability and capital-markets outcome opportunity for each
• Collaborate with various internal teams, and as applicable third-party operating partners, to optimize portfolio performance
• Prepare the asset strategy review (business plan) for assigned assets and assist in guiding the asset and operating team through the plan
• Prepare underwriting for property valuations, dispositions, & hold/sell analyses
• Provide analytical support in understanding all critical aspects of the asset's investment positioning, including proactively solving for any obstacles that might hinder a sale such as JVs, ground leases, commercial components, tax considerations, and others
• Participate in property visits and market tours to build operating relationships and gain expertise in submarket dynamics
• Assess capital needs and work with capital team to develop a long-term plan that aligns with the business plan
• Assess repositioning & unit upgrade opportunities and work with various internal teams to ensure success of said programs
• Participate in the development of annual operating and capital budgets to align investment strategies and objectives
• Support as needed on acquisition underwriting, providing market and leasing assumptions and participating in other due diligence activities, as necessary
• Active participation in local industry organizations is encouraged
• Maintain an extensive network of industry relationships to stay current on regional and local market trends
• 20-25% travel required

Qualifications

• Bachelor's degree, preferably in Business, Finance, Real Estate, or other relevant area
• 3 - 5 years of real estate investment experience, supporting either FPA, Investments, or Asset Management
• Familiarity with the general principles of real estate finance, including operations and analysis, budgeting, financial reporting, cash management, general accounting, and NPV/IRR analysis
• Effective communication skills, both verbally and in writing
• Strong interpersonal, communication, and listening skills to build strong working relationships with all levels of management and across functional teams
• Ability to understand and interpret quantitative data, trends, and market reports
• Understanding of multifamily operations, value-add opportunities, market knowledge, and competitor positioning
• Solutions-oriented, motivated, team-player that thrives in a fast paced, dynamic environment with multiple and evolving priorities and deadlines
• Strong real estate intellectual curiosity – the position offers tremendous opportunity for growth

Benefits

• Generous 401(k) match to help you plan for the future
• Fertility, adoption, and surrogacy support to grow your family your way
• Comprehensive health benefits, including medical, dental, and vision

Pay

Base Compensation Range $120,000 - $140,000 annually. This represents the presently anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience. This job is also eligible for a discretionary bonus on an annual basis.

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