Real Estate Asset Management Associate

Job Description

Our client, a real estate investment manager in New York City, is hiring a Real Estate Asset Management Associate to oversee the financial performance of a multi-state portfolio of owned properties run by third-party property managers. The role centers on property financials, budgets, and results measured against investment expectations.

Compensation : $100,000 to $160,000

Location : Brooklyn, NY (5 days/week onsite)

What You'll Do

• Own monthly performance reporting for an assigned regional segment of the portfolio, measuring results against investment expectations and identifying upside

• Review and spread property financial statements each month, then turn the findings into action items that improve asset-level operations

• Act as a day-to-day contact for third-party property managers

• Support the annual budget cycle by spreading budgets, analyzing growth trends, and taking part in budget meetings

• Underwrite property improvement opportunities within the existing portfolio and prepare memos for the asset management committee

• Help move newly acquired properties from the investment team into asset management, and support due diligence on acquisitions and dispositions

• Respond to information requests from lenders, insurers, and property managers

• Contribute ad hoc analysis alongside the broader team

What We're Looking For

• Bachelor's degree in finance, accounting, economics, or a related field

• 3+ years overseeing the full financials of a portfolio of real estate properties. Experience managing a portfolio of loans, rather than properties, is not a match for this role

• Strong MS Excel skills, including formulas, pivot tables, and charts, and comfort in an Excel-heavy role

• Strong quantitative and data analysis skills, with a record of spotting patterns and areas for improvement

• Accuracy and attention to detail while juggling multiple priorities and hitting deadlines

• Self-motivated, able to generate and drive your own work independently while contributing to a team

• Strong interpersonal, written, and verbal communication skills

• Intellectual curiosity and integrity

Preferred

• Experience applying AI or analytics tools to property or portfolio data