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Asset Management Associate

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
New York
 NY
Postal Code
10017
Country
United States

This job is no longer active.

Description


Company Overview

Eagle Rock Properties (“Eagle Rock”) is a New York-based, vertically-integrated real estate firm with an institutional and private investor base. As an investor and operator, Eagle Rock is focused on executing a value-add strategy on garden-style multifamily assets located in Northeast US.  Eagle Rock currently owns and operates 7,000 units worth in excess of $1 billion and is in expansion mode.

Eagle Rock Advisors is the private equity arm/investment manager of Eagle Rock responsible for the acquisitions, asset management and investor relations functions of the business. Eagle Rock Advisors is headquartered in New York, NY.

The Role

The Asset Management Associate will be part of Eagle Rock Advisors and will report directly to the Head of Asset Management. The role entails leading asset management initiatives, assuming responsibility for the financial performance of portfolio assets, and implementing the business plan.

 

Specific responsibilities include:

  • Understand each multifamily asset within designated portfolio: operations, financial, key individuals & markets
  • Utilize financial data to identify operational issues, and develop & implement solutions
  • Calculate distributions & project annual cash flow
  • Assist with the annual budget process
  • Knowledge of capital expenditures: budget, timeline & as-needed project management
  • Participate in the revenue management (LRO) process and have viewpoint on unit pricing as well as assist with the implementation on new acquisitions
  • Visit sites regularly

 

You Have…...

  • Qualified candidates will have a minimum Bachelor’s degree and three - five years of relevant asset management, property management, development, construction, and/or acquisition experience in the multi-family industry.
  • Our ideal candidate is a leader with the ability to motivate others and work with strong personalities.
  • They are a motivated, resourceful team player who can work autonomously and asks for support when needed.
  • Ability to manage multiple projects simultaneously and communicate expectations to both internal customers and external third-party vendors.
  • Solid analytical skills including problem solving and financial analysis, including strong Microsoft Excel skills.
  • Exceptional organizational, collaboration and communication skills.

 

How Eagle Rock Advisors Supports You…...

  • We’ll give you the autonomy and resources to make an impact
  • Competitive compensation and bonus eligibility
  • Employer sponsored benefits (Medical, Dental, Vision) package including 401k with employer matching contribution

 

NO RECRUITERS PLEASE

 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

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