Related Companies · 13 hours ago
Analyst, Asset Management - Related Affordable
Chicago, IL
Full-time
Onsite
Entry Level
$70K/yr - $80K/yr
1+ years expRelated is the most prominent privately-owned real estate firm in the United States, focused on preserving and improving affordable housing. The Analyst, Asset Manager will support the Vice President – Asset Management in executing business plans for a portfolio of affordable multi-family assets, conducting inspections, and collaborating with the Portfolio Management Team.
Commercial Real EstateConstructionProperty DevelopmentReal EstateRentalSales
Responsibilities
Asset manage a portfolio of approximately 40 assets
Work closely with the Portfolio Management Team (NOI procurement) to contribute to standard reporting packages, such as budget variance reports and site inspection reports
Conduct periodic inspections of all assets in designated portfolio with particular attention to any troubled assets
Assist in identifying and escalating significant issues to the Vice President - Asset Management and the Portfolio Management Team
Attend weekly asset management calls to learn and contribute to discussions on best practices
Participate in regular portfolio management meetings that are relevant to assigned properties
Contribute to the annual property budgeting process for assigned properties
Monthly operations review of portfolio and presenting monthly watch list for applicable assets
Collaborate with the Portfolio Management Team to update property database
Assist the Portfolio Management Team to maximize Section 8 contract rents for the sub-portfolio
Support budget-based rent increase requests as needed
Collaborate with the Portfolio Management to review operations, procedures, and spending to identify opportunities for implementing best practices
Qualification
Required
Minimum of 1 to 3 years of relevant experience in commercial real estate, preferably with an owner, lender, manager, syndicator, agency, or real estate consulting group
BS/BA degree preferred
Basic knowledge of finance, operations, and accounting principles in commercial real estate, with a willingness to learn; Affordable Housing knowledge is a plus
Proficiency in Microsoft Excel, Word, and PowerPoint
Strong written and oral communication skills
Strong organizational skills with attention to detail
Demonstrated eagerness to learn, contribute, and grow within the team
Ability to collaborate effectively with property management and ownership teams
A diplomatic and assertive approach, coupled with self-motivation
Curiosity and a willingness to explore new approaches and solutions
Must have the flexibility to travel to properties
Benefits
Discretionary bonus incentives
Comprehensive benefits package
Company
Related Companies
Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
David Zussman
Chief Financial Officer
Jennifer Tuhy
CFO - Hudson Yards
Recent News
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