Senior Associate (Asset Management) jobs in United States
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Bisnow · 11 hours ago

Senior Associate (Asset Management)

Bisnow is a leader in multifamily real estate investments, committed to creating enduring real estate communities. The Senior Associate – Asset Management plays a crucial role in driving portfolio performance by integrating property management execution, financial modeling, and investor reporting to maximize asset value and ensure alignment with long-term investment objectives.

Commercial Real EstateNewsPublishingReal Estate
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Growth Opportunities

Responsibilities

Responsible for asset strategy for assigned multifamily portfolio (~3,500 units)
Partner with property management to execute business plans, budgets, and capital projects
Monitor performance and drive NOI growth through revenue optimization and expense control
Develop, maintain, and drive strong relationships with key stakeholders that include both internal (leadership and team members) and external partners (institutional and individual investors, property managers, brokers, lenders, and service providers)
Review materials for internal & external stakeholders
Communicate asset performance, strategic direction, and value-add initiatives
Must have the ability to work well with internal stakeholders as well as external stakeholders including institutional and individual investors, lenders and third party vendors
Negotiate service contracts (cable/laundry/etc.) on behalf of owner with third party providers
Prepare and maintain various financial models to analyze leasing, refinancing, hold/sell, and drive data-based capital decisions
Conduct routine valuations, market comps, and sensitivity analyses
Review and analyze monthly cash flows
Prepare monthly/quarterly reporting, operating statements, and variance analyses
Quarterly property valuations, including preferred return & residual multiple with an awareness of sale comps and market cap rates
Participate and support in hold, sell / refi analysis; responsible to ensure P&L trend is maximized prior to sale; identify value add opportunities for new buyers
Track and report on multifamily market trends, rent growth, operating expenses, tenant demand, and competitive dynamics
Provide data-driven recommendations on pricing, leasing, amenities, and capital deployment
Contribute to initiatives that enhance portfolio performance
Willingness and ability to travel 15-20% of the time to support regional asset management initiatives
All other duties as assigned by your manager

Qualification

Financial modelingAsset managementMarket researchYardiPower BIAnalytical skillsMicrosoft Office SuiteMSFT Office DynamicsCommunication skillsOrganizational skillsTeam orientedTime management

Required

Minimum 3-5+ years in multifamily or commercial real estate investment analysis, asset management, operations, or acquisitions
Strong financial modeling skills and experience with Excel, Yardi, Vena, Power BI (or similar tools)
Excellent research, analytical and problem-solving skills
Excellent organizational, interpersonal, writing and communication skills
Self-motivated, team oriented and strong time management skills to prioritize deadlines
Ability to work independently and collaboratively in a professional environment
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint)
Proficiency in MSFT Office Dynamics

Preferred

Bachelor's degree or equivalent experience, preferably in real estate, business, finance, economics, or other related field

Benefits

401(k) plan with company matching
Medical, dental, and vision insurance
Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA)
Employer-paid Life and AD&D insurance
Employee Assistance Program (EAP)
Additional perks and wellness benefits

Company

The worlds largest CRE news and events platform.