Associate, Multifamily Asset Management
NAREIM · San Francisco, CA · 1 wk ago
OTHRFull-time
Key Responsibilities
- Provide analytical support to assist with the asset management function of existing properties, including quarterly valuations, cash management, hold/sell analyses, and other ad hoc sensitivity analyses
- Complete market research – through third-party data providers and communication with local brokers – to compile relevant lease comparable, sale comparable, competitive sets, development pipelines, and general market data
- Prepare presentation materials and proposals with responsibility for written and graphic requirements
- Anual budgeting and reforecasting in coordination with property management, design & construction, leasing and accounting teams.
- Execute on or establish an asset’s business plan; coordinate with investment partners and participate in meetings with internal teams as well third-party consultants, such as architects, engineers, and marketing agencies, in furtherance of the asset’s business plan.
- Managing refinancing and disposition activities, as they arise.
- Analyze and manage tracking of various ongoing capital projects in coordination with design & construction teams and property management.
- Provide monthly investment reporting, including evaluating operational performance, identifying key risks, tracking business plan execution, and providing asset-level commentary.
- Support the team with lender reporting responsibilities, including coordination of reporting requirements and maintaining compliance with debt covenants.