Associate, Housing
Location: Brookfield Place New York - 225 Liberty Street, 8th Floor
About the role
Brookfield is seeking an Associate to join the Brookfield Housing team, based in New York City, to support investment and portfolio management activities in the alternative housing space, including Manufactured Housing and Student Housing. The global housing portfolio contains premier assets in North America, Europe, Asia, Australia, and Brazil. This is an opportunity to join an experienced team responsible for one of Brookfield’s largest real estate sector portfolios, focused on maximizing asset value through leasing, redevelopment, or the addition of mixed-use components.
This team oversees real estate managers and operating teams in executing investment business plans, with strategic decision-making—such as financing, capital investments, development/redevelopment, and hold-sell decisions—falling under its purview. The role requires collaboration with leasing, development, finance, tax, compliance, legal, and other teams to ensure business plan and strategy objectives are met.
Responsibilities
- Perform ongoing and ad-hoc financial analysis to support value-maximizing capital decisions across the portfolio (e.g., capital allocation, development, redevelopment, hold-sell, financing).
- Liaise with real estate management and operating teams to monitor investments and ensure strategic goals are met, including coordination with asset management, finance, tax, compliance, legal, and business operations (ESG, innovation, health & safety, and security).
- Create, maintain, and improve highly functional and detailed investment and valuation models.
- Think strategically about investment performance, monitoring, updating, and explaining asset performances while identifying opportunities to add value.
- Lead research to support business plans and decision-making.
- Assist in relationship management with operators, joint venture (JV) partners, and investors.
- Support joint venture governance and reporting obligations to institutional co-investment partners, including JV-level financial reporting and coordination of partner information requests.
- Track and update the status of business objectives for each property/portfolio.
- Assist in preparing and reviewing monthly, quarterly, and annual reporting of the portfolio, including valuations, reforecasting, and business planning.
- Conduct monthly reviews of operating statements and financials.
- Assist with asset and portfolio dispositions and financings.
- Perform complex financial and sensitivity analyses, conduct market research, write investment committee memorandums, and present investment recommendations.
Requirements
- Bachelor’s degree in accounting, finance, business, real estate, or a related field.
- At least 2-3 years of experience in real estate asset management and/or real estate portfolio management (Student or Manufactured Housing experience a plus).
- Experience working with third-party property management platforms in an institutional real estate context (preferred).
- Expert proficiency in Microsoft Excel and working knowledge of Argus.
- Exceptional analytical, financial modeling, and valuation skills.
- Excellent interpersonal and communication skills.
- Strong attention to detail and ability to learn quickly.
- Reliable, diligent, and hardworking with the capability to thrive in a fast-paced environment.
- Leadership capabilities and a business mindset.
- Unquestionable ethics and integrity.
- Maturity to interact with high-level stakeholders at Brookfield and within portfolio companies with limited supervision.
Benefits
Our compensation structure includes a base salary and a short-term incentive program (cash bonus). Cash compensation varies based on geography to account for local market conditions and is set to be market competitive. Compensation decisions consider relative experience, overall years of experience, industry experience, education, and designations.
Pay
Salary Range: $130,000 - $150,000