Asset Management Associate

Position Summary

The Asset Management Associate plays a pivotal role in driving the performance of multifamily properties across the United States by providing critical financial reporting and supporting the execution of renovation and business plans. This position ensures alignment with company goals by partnering closely with Asset Managers to deliver timely, accurate, and insightful data to lenders, investors, and senior leadership.

This is a highly collaborative and detail-oriented role that requires a strong foundation in financial analysis, project coordination, and strategic execution. The Associate will support portfolio performance through proactive monitoring, robust reporting, and hands-on involvement in capital improvement initiatives. Success in this role hinges on being organized, accountable, and analytically sharp, with the ability to manage multiple priorities across a dynamic portfolio.

You’ll work cross-functionally with internal departments and external stakeholders, including property managers, lenders, and partners, ensuring a cohesive and results-driven approach to asset management. The core mission of this role is to support operational excellence and value creation across the portfolio while ensuring compliance and transparency with all reporting requirements.

Essential Duties

Portfolio Oversight & Support

• Assist the assigned Asset Manager with the day-to-day asset management of a portfolio of 20+ multifamily properties across multiple markets.

• Monitor property-level performance and flag key issues or risks requiring strategic discussion or corrective action.

• Participate in due diligence efforts during acquisitions and dispositions by preparing reports, gathering documentation, and contributing to transaction execution.

Financial Reporting & Analysis

• Prepare and review lender, investor, and partner reports, including quarterly updates, internal dashboards, and custom reports as needed.

• Analyze monthly financial statements to ensure accuracy and coordinate with the accounting team on reclassifications or corrections.

• Contribute to monthly performance calls with revenue management and other internal stakeholders, supporting decisions with data-driven insights.

Capital & Construction Management

• Lead the construction draw process to recover capital expenses related to renovation programs and lender-required improvements (30%+ of role).

• Track and monitor annual business plans, capital projects, and immediate repair items. Support project timelines, budgets, and reporting requirements.

Stakeholder Coordination

• Communicate with lenders and partners to schedule site inspections and respond to performance-related inquiries.

• Collaborate with internal departments (e.g., property management, accounting, acquisitions) to ensure information sharing and seamless execution.

Additional Duties

• Support ad hoc financial and operational analysis projects to inform strategy or improve processes.

• Travel to property sites occasionally (<10%) for inspections, meetings, or project reviews.

• Adapt to evolving business needs and take on responsibilities beyond the core scope as required.

Qualifications

Education & Experience:

• Bachelor’s degree in Real Estate, Finance, Accounting, Business, or a related field.

• 0–2 years of real estate experience, preferably in multifamily asset management, acquisitions, or real estate finance.

• Demonstrated ability to manage multiple priorities in a fast-paced, dynamic environment with limited supervision.

• Strong written and verbal communication skills, with the ability to clearly present financial data and findings.

Tools & Systems:

• Advanced Excel proficiency with the ability to build and maintain financial models and large-scale data spreadsheets.

• The role involves frequent use of standard office equipment, such as computers, phones, and printers.

Physical Requirements & Work Environment

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this job.

Physical Demands:

• This role requires prolonged periods of sitting at a desk and working on a computer. Occasional standing, walking, and lifting. Periodic travel is required.

Work Environment:

• Primary work environment: Office.

• Noise level: Moderate and typical of a professional office setting.

• Work schedule: Monday–Friday.

EQUAL EMPLOYMENT OPPORTUNITY STATEMENT

Morgan Properties is an equal opportunity employer. All employment decisions are made without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under applicable law.

We are committed to providing reasonable accommodation to qualified individuals with disabilities.

MORGAN PROPERTIES VALUES:

At Morgan Properties, we enhance the lives of our residents by providing exemplary service, a best-in-class living experience, and a place they can truly call HOME. Our ambition is to transform the housing industry and empower individuals to redefine their American Dream. All employees assist in our mission and vision by demonstrating Morgan PRIDE:

• Passion: A desire to build communities through teamwork and collaboration, combining individual strengths to deliver exceptional results.

• Respect: We support each other, remaining loyal and honest through adversity and challenges.

• Integrity: A commitment to do right by our employees, residents, and communities.

• Diversity: We embrace and celebrate differences.

• Entrepreneurial Spirit: Driven by innovation and a passion to do what has never been done before.

The Benefits of Employment

• Employee referral payment program

• Educational Enhancement Program

• Tuition Reimbursement

• Medical, Dental, and Vision benefits

• Life/ AD&D Insurance

• Paid Parental Leave

• Long and short term disability

• Retirement Plan - 401(k) Plan

• Volunteer & Community Service Opportunities

• Discount on an apartment at any one of our properties

Salary range: $60,000 - $65,000/yr

If you are hired at Morgan Properties, your overall compensation package will also be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.

Get To Know Us:

Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in Conshohocken, Pennsylvania. Jonathan and Jason Morgan represent the next-generation leaders growing the platform and overseeing the business operations.

Morgan Properties and its affiliates currently own and manage a multifamily portfolio comprised of more than 400 apartment communities and over 110,000 units located in 22 states. The Company is among the three largest multifamily owners in the nation and the largest in Pennsylvania, Maryland, and New York. With over 2,600 employees, Morgan Properties prides itself on its quick decision-making capabilities, strong capital relationships, and proven operational expertise.

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Job Details

Job Family Corporate Admin

Job Function Individual Contributor

Pay Type Salary