Our client, a real estate investment manager in New York City, is hiring a Real Estate Asset Management Associate to oversee the financial performance of a multi-state portfolio of owned properties run by third-party property managers. The role centers on property financials, budgets, and results measured against investment expectations.
Compensation: $100,000 to $160,000
Location: Brooklyn, NY (5 days/week onsite)
What You'll Do
• Own monthly performance reporting for an assigned regional segment of the portfolio, measuring results against investment expectations and identifying upside
• Review and spread property financial statements each month, then turn the findings into action items that improve asset-level operations
• Act as a day-to-day contact for third-party property managers
• Support the annual budget cycle by spreading budgets, analyzing growth trends, and taking part in budget meetings
• Underwrite property improvement opportunities within the existing portfolio and prepare memos for the asset management committee
• Help move newly acquired properties from the investment team into asset management, and support due diligence on acquisitions and dispositions
• Respond to information requests from lenders, insurers, and property managers
• Contribute ad hoc analysis alongside the broader team
What We're Looking For
• Bachelor's degree in finance, accounting, economics, or a related field
• 3+ years overseeing the full financials of a portfolio of real estate properties. Experience managing a portfolio of loans, rather than properties, is not a match for this role
• Strong MS Excel skills, including formulas, pivot tables, and charts, and comfort in an Excel-heavy role
• Strong quantitative and data analysis skills, with a record of spotting patterns and areas for improvement
• Accuracy and attention to detail while juggling multiple priorities and hitting deadlines
• Self-motivated, able to generate and drive your own work independently while contributing to a team
• Strong interpersonal, written, and verbal communication skills
• Intellectual curiosity and integrity
Preferred
• Experience applying AI or analytics tools to property or portfolio data
Real Estate Asset Management Associate in Brooklyn at Atlas Search
This position is listed as full time and onsite. It was posted last week.