Asset Management Associate

Asset Management Associate – Multifamily Real EstateHelp drive performance and long-term value across Thompson Thrift’s multifamily real estate portfolio.As an Asset Management Associate , you’ll support the execution of asset-level business plans across both lease-up and stabilized multifamily communities. This role combines financial analysis, market insights, and cross-functional collaboration to improve property performance, protect cash flow, and maximize long-term asset value.You’ll partner with Community Management, Development, Accounting, Marketing, Investment Strategy, and other teams to turn property and market data into practical recommendations that positively impact portfolio performance.Why Thompson Thrift?Thompson Thrift is an integrated, full-service real estate company engaged in the development, construction, leasing, and management of high-quality multifamily communities nationwide. We’re committed to building exceptional places — and developing the people who make them possible.At Thompson Thrift, you’ll find:Values-Driven Culture — Excellence, Service, and Leadership guide everything we doCareer Growth — Training, mentorship, and long-term development opportunitiesWork-Life Support — Competitive benefits, flexibility, and wellness programsReal Impact — Hands-on involvement in industry-leading multifamily projectsYour Role as an Associate Real Estate Asset ManagerAs an Associate Real Estate Asset Manager, you’ll help oversee the financial and operational performance of assigned multifamily assets, evaluating results against budgets, forecasts, pro formas, business plans, and market benchmarks.You’ll analyze key property performance indicators, identify trends and variances, and collaborate with internal and onsite teams to develop actionable strategies around leasing, rents, concessions, renewals, expenses, cash flow, and capital needs. You’ll also support forecasting, budgeting, asset strategy, market research, underwriting, and other investment-related initiatives.This role is ideal for a multifamily real estate professional who combines strong financial and analytical skills with an understanding of property operations and wants to expand their expertise in real estate asset management.Key ResponsibilitiesMonitor multifamily assets against budgets, forecasts, pro formas, business plans, and relevant market benchmarks, identifying material variances, root causes, and recommended actionsTrack key operating metrics, including occupancy, leasing velocity, exposure, rent growth, net effective rent, concessions, renewals, bad debt, revenue, controllable expenses, NOI, cash flow, and capital needsPartner with Community Management, Regional Managers, and onsite teams to understand operating conditions, support execution, and maintain accountability for follow-up itemsSupport rent, concession, renewal, marketing, and leasing recommendations using property performance data, competitive intelligence, market conditions, and inventory exposureEvaluate multifamily lease-up pacing and stabilization risk, including demand, conversion, pricing, concessions, staffing, operating readiness, and transition into stabilized operationsPrepare and review monthly, quarterly, and annual forecasts, operating budgets, cash-flow projections, and asset-level performance reportingDevelop variance analyses, financial models, sensitivity analyses, rent and concession scenarios, expense evaluations, capital plans, and value-impact analysesValidate data inputs and maintain strong controls across Excel-based models, Yardi or similar property-management systems, business-intelligence tools, and source reportingSupport annual business plans, asset strategies, market research, competitive analysis, acquisition or development underwriting, due diligence, refinancing, dispositions, and other investment-related initiativesPrepare executive-ready materials and recommendations and participate in cross-functional meetings and onsite asset reviewsOur Ideal Candidate for this RoleEducationBachelor’s degree in Real Estate, Finance, Accounting, Economics, Business, or a related field.Experience2+ years of professional experience in multifamily real estate asset managementDemonstrated experience with both stabilized and lease-up multifamily properties, including property performance monitoring and operating-plan executionExperience in property management, leasing, operations, finance, accounting, or investment analysis preferredSkills & AttributesStrong understanding of multifamily real estate, current industry trends, and the operational differences between lease-up and stabilized communitiesHighly proficient in Excel and financial analysis, including forecasting, budgeting, financial statement analysis, variance analysis, cash-flow modeling, and scenario analysisAbility to conduct ad hoc analysis, organize large volumes of information, and translate data into concise, practical recommendationsExperience with Yardi or a comparable property-management, accounting, revenue-management, or business-intelligence platformStrong written, verbal, presentation, and interpersonal communication skills, including the ability to communicate effectively with senior leaders and onsite teamsAbility to manage multiple assets, deadlines, and priorities with accuracy, ownership, and follow-throughAbility and willingness to travel to Thompson Thrift communities, including periodic onsite visits, is required.Experience with revenue management, rent-setting, concessions, renewal strategy, lease-up planning, market data, competitive surveys, or executive-level materials preferredActual compensation may vary from posting based on geographic location, work experience, education and/or skill level.* The hourly or salary range is the range Thompson Thrift in good faith believes is the range of possible compensation for this role at the time of this posting. The Company may ultimately pay more or less than the posted range. This range is only applicable for jobs to be performed in Colorado. This range may be modified in the future. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the lawColorado Pay Range$110,000—$120,000 USDUse of AI in HiringThompson Thrift uses AI-assisted tools within our applicant tracking system to support parts of the recruiting process. These tools assist recruiters but do not make hiring decisions or independently determine candidate outcomes. All hiring decisions are made by human reviewers. If you have questions about our hiring process, please contact us at View email address on click.appcast.io submitting your application, you acknowledge this information and confirm that the information you have provided is accurate and complete to the best of your knowledge.