Multifamily Asset Management Associate

Austin, Texas Permanent USD100,000 - USD120,000 per year View Job Description
Michael Page has partnered with a national real estate investment firm that is seeking a motivated and experienced Senior Analyst/ Associate to join their team in Austin. This individual will have the opportunity to be involved in complex real estate transactions and be responsible for the Asset Management of a growing residential portfolio.
  • Growth opportunity with a national real estate investor
  • Joining the organization at an exciting time, lots of growth!

About Our Client

The firm is a national real estate investor who have outperformed the market regularly in the last decade. This position offers a lot of autonomy along with an opportunity to learn from talent industry veterans. The firm invests and develops across a wide variety of asset classes but is most well known for their residential investments.

Job Description

Reporting to the VP of Asset Management the Senior Analyst / Associate of Asset Management will be an organized, detail‐focused candidate with sound knowledge of accounting and financial concepts to support external investors, the transactions/acquisitions team and senior management. The ideal candidate must be able to multi‐task, work well under deadlines with high attention to detail and require minimal direct supervision. The position will interact with many business functions as well as senior and executive management.

Selected responsibilities:

  • Work closely with acquisitions/asset management teams and JV partners to measure business performance for each asset including monthly review and monitoring of variance reports, valuations and projections
  • Conduct regular variance analyses to ensure property performance is consistent with business plan and budget
  • Drive, manage, and maintain on a quarterly basis valuation and asset level review processes including in-depth portfolio reporting and analytics
  • Develop and maintain financial models to forecast leasing activity and other portfolio‐level metrics
  • Review and abstract various legal documents including leases and operating agreements
  • Prepare ad hoc strategic financial analyses in support of asset and senior management
  • Interact with several departments including Leasing, Property Management and Legal on various asset and portfolio management projects
  • Maintain monthly reporting packages deliverable to Asset Managers



MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

The ideal Portfolio Analyst/Associate will posses the following qualities:

  • Bachelor's degree in economics, finance, real estate or related field
  • 2+ years experience in a finance or data focused role; preference for candidates with residential asset management, e.g. multifamily, BTR, higher ed housing, workforce housing etc.
  • Understanding of basic real estate concepts, valuations, DCF, advanced Excel skills and understanding, a must
  • Ability to work with large data sets
  • Highly motivated self-starter who works well in flexible environment

What's on Offer

Strong basic salary plus bonus potential with great benefits. Base salary will depend on level/experience but targeting $100,000 to $120,000 + bonus.

Contact
Nick Walker
Quote job ref
JN-052025-6752800

Job summary

Sector
Real Estate
Sub Sector
Property & Asset Management
Industry
Property
Location
Austin
Contract Type
Permanent
Consultant name
Nick Walker
Job Reference
JN-052025-6752800
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