Jobs · OTHR · New York

Associate, Self-Storage Asset Management

Nuveen, a TIAA company · New York, NY · 1 mo ago
HybridOTHR$102k–$143k/yrFull-time

Key Responsibilities and Duties

  • Help manage an existing and growing portfolio of self‑storage real estate assets across core, core‑plus, value‑add, and development risk profiles.
  • Engage regularly with operating partners to maximize Nuveen’s interests and investment performance.
  • Assist in preparing and reviewing annual business plans, operating budgets, and capital budgets; monitor actual performance against these budgets.
  • Conduct financial analysis and modeling to assess current and projected investment performance.
  • Support assessment of capital needs for each property and work with partners to develop a long‑term capital plan, including identifying conversion to climate/temperature‑controlled units and expansion opportunities.
  • Monitor capital improvements and draw requests.
  • Prepare and ensure quality of property activity deliverables (monthly, quarterly, annual, ad‑hoc), including financial data review, variance explanations, compliance reporting, property audits, and other key reports.
  • Support the transactions team with underwriting, due diligence, and onboarding of new assets; help strategize and prepare owned assets for disposition or recapitalization.
  • Research current issues impacting real estate management that may affect the existing and future portfolio.
  • Support implementation of ESG, technology, and broader Nuveen initiatives.
  • Maintain knowledge of current real‑estate market conditions for submarkets where assets are located.
  • Perform and review quarterly valuations/appraisals for specific fund requirements.

Educational Requirements

Bachelor’s degree, preferably in Business, Finance, Real Estate, Accounting, or other relevant fields.

Required Qualifications

  • 2+ years of commercial real‑estate experience.

Preferred Qualifications

  • 3+ years of commercial real‑estate asset management and/or acquisition, preferably within self‑storage.
  • Self‑storage industry experience.
  • Proficiency with Argus software.
  • Excellent interpersonal and communication skills, both written and verbal.
  • Strong knowledge of commercial real‑estate fundamentals, including operations, budgeting, financial reporting, cash management, and general finance and accounting principles.
  • Self‑motivated with strong analytical and quantitative skills.
  • Proficiency in the full suite of Microsoft Office products (Excel, PowerPoint, Word) and Yardi.
  • Willingness to travel as required.

Related Skills

  • Construction Management
  • Due Diligence
  • Financial Acumen
  • Financial Analysis
  • Financial Risk Management
  • Financial Statements
  • Market/Industry Dynamics
  • Organizational Savviness
  • Real Estate Investments
  • Real Estate Property Management

Pay

Base Pay Range: $102,000 – $143,000 per year. Actual base salary may vary based on experience, role, internal peer salaries, performance, business sector, and geographic location. Additional compensation may include participation in incentive programs such as annual discretionary incentives or other performance‑based plans.

Benefits

The organization offers a comprehensive Total Rewards package, including a superior retirement program and competitive health, wellness, and work‑life offerings designed to support physical, emotional, and financial well‑being.

Company Overview

Nuveen is a global investment leader managing public and private assets for clients worldwide on behalf of TIAA, one of the world’s largest institutional investors. Nuveen owns approximately $2.8 billion of self‑storage assets in the United States, making it one of the largest private investors of self‑storage in North America.

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