Asset Management Analyst

Prime Residential owns and operates a multibillion-dollar portfolio of multifamily apartment communities in West Coast markets. Prime is currently seeking an Asset Management Analyst to help lead asset management of its portfolio of assets in the Pacific Northwest and collaborate with Prime’s acquisitions team in evaluating new investment opportunities.

Prime’s portfolio contains approximately 17,000 units across 40 properties in California, Oregon, Washington, and Nevada. With over 350 corporate and site-level employees, the company focuses significant resources on identifying new acquisition opportunities, making ongoing investments in its existing portfolio, and maintaining its sophisticated in-house property management capabilities. Prime is currently investing its most recent fund, raised in 2020, and completed more than $1 billion of combined equity and debt transactions over the last two years. This is a role for someone with a growth mindset who is excited to join a dynamic private firm.

The person who will be most successful in this role is a self-starter who is curious and resilient. Prime is an opportunistic company that embraces new ideas and always seeks to improve.

Reporting Relationships and Responsibilities:

The Position is based in San Francisco. The Asset Management team relies on data and operational insights to drive financially sound long-term decisions in the best interest of each asset. The Asset Management team utilizes internal and external data from several sources including Excel, RealPage, and PowerBI.

The Position will be responsible for supporting Asset Managers on the Asset Management team in an effort to maximize the long-term cash flow growth of the Prime Residential portfolio.

The Position’s responsibilities related to the existing portfolio include:

• Analyze asset-level financial statements to observe successes and areas for improvement and provide recommendations to the Asset Management team.
• Track and compare financial performance related to asset-level budgets and underwritings and notify the proper team member of the variance.
• Assist Asset Managers in forecasting long-term cash flow for each asset.
• Analyze data regarding employment, infrastructure, government regulation, and supply within our investment markets.

The Position will from time to time represent Prime in the marketplace and network within the real estate community. This will include determining the appropriate contacts within other management companies and investment groups.

Desired Characteristics and Competencies:

• Self-starter – Ability to organize and manage projects independently.
• Team orientation – Success will require working collaboratively with the Prime Asset Management team.
• Growth mindset – Someone who is open to feedback and constantly seeking to improve.
• Ability to analyze – Finance or Real Estate background is a plus.
• Excel Knowledge – Experience in analyzing large datasets in Microsoft Excel.

Candidate Qualifications and Experience:

0-4 years of experience in Finance or Real Estate is preferred. Hands-on multifamily asset management experience is preferred although strong candidates with hands-on experience in other real estate sectors are encouraged to apply. Travel is expected to be about 10% of the Position’s time.

The position offers an exciting opportunity to join a growth-oriented organization with a genuinely enjoyable work environment. Compensation will be competitive and will include exceptional benefits which include comprehensive medical, dental, vision, prescription, FSA, company-paid holidays, personal days, commuter transportation benefits, vacation, and more.

At Prime Group, we don’t just accept difference — we celebrate it, we support it, and we thrive on it for the benefit of our employees, our business, and our community. Prime Group is proud to be an equal opportunity workplace.