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EQUITYMULTIPLE

Asset Management Associate

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Asset / Portfolio Management
Location
New York
 NY
Postal Code
10010
Country
United States

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Description


The Asset Management Associate’s primary objective will be to support Asset Management’s goal of maximizing operations and return at the individual asset level and overall portfolio level. The Asset Management Associate is the liaison between EquityMultiple and its sponsors to ensure all properties are performing in accordance with their business plans. The current portfolio comprises a diversified pool of assets including multifamily, office, hotel, industrial, student housing, car wash, retail, self-storage, co-living, condo, etc.

Responsibilities

  • Prepare detailed cash flow projections and analysis of assigned properties, including analysis for proposed lease transactions, capital improvement projects, refinancing and dispositions
  • Review asset strategy presentations, annual budgets, and cash flow projections for annual business plan
  • Monitor specific performance measures to identify risks, trends and opportunities
  • Create and maintain property-level financial models and prepare hold/finance/sell recommendations and valuations
  • Conduct market research and analysis to obtain local market knowledge of competitor offerings, positioning, location, and market supply and demand trends
  • Prepare and review periodic asset updates Collaborate with Acquisitions to underwrite new investments and work with other company stakeholders to manage investor relations
  • Manage third-party sponsor relationships
  • Perform other duties as assigned
  • 3-5 years of relevant real estate acquisitions/capital markets/asset management experience
  • Bachelor’s degree from a top university
  • High proficiency in MS Excel and other MS applications required
  • Strong cash flow and partnership structure modeling experience
  • Ability to work well both independently and in group settings
  • Ability to effectively multitask and prioritize
  • Exceptional attention to detail and organizational skills
  • Ability to demonstrate resourcefulness
  • Entrepreneurial mindset
  • A passion and visible commitment to real estate investing

About Us

EquityMultiple is a leading online investment platform that is leveraging technology to help modernize the real estate industry. Together, our cross-disciplinary team is reimagining how real estate investments are sourced, underwritten and funded, connecting investors to a range of pre-vetted investments across the country. Since 2016, EquityMultiple has executed over 60 commercial real estate transactions with an aggregate value of over $1 billion. We are privately funded by leaders in the real estate and finance industries and strategically partnered with Mission Capital, a real estate capital markets firm that’s executed more than $70 billion in transactions. EquityMultiple operates nationally and is headquartered in NYC.

EquityMultiple is an equal opportunity employer and values diversity. All employment is decided on the basis of qualifications, merit, and business need.

Job Function


  • Asset Management
 

Job Sectors


  • Alternative Investments
  • Residential
  • Hospitality / Entertainment
  • Government/Education
  • Healthcare
  • Industrial
  • Office
  • Retail
 

Experience


Not Specified


Apply Now
 
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