Investment Associate

Company Description

AspaGrove Investments was founded with the mission of creating senior living communities where individuals can truly thrive. With decades of experience in senior living development and investment, the company is dedicated to building communities that combine innovative design, lasting value, and a strong sense of connection. AspaGrove is committed to continuously evolving and shaping the future of senior living through thoughtful and purposeful projects, ensuring every community embodies care and excellence. Located in Atlanta, GA, AspaGrove is a forward-thinking leader in the industry, driving innovative, meaningful change.

Role Description

This full-time Investment Associate role is based on-site in Atlanta, GA. The Investment Associate will be responsible for supporting the execution and management of development and acquisition opportunities in the senior living sector, spanning from 55+ active adult, independent living, assisted living, and memory care. Responsibilities include conducting financial modeling and market analysis, assisting in due diligence, preparing investment presentations, and helping manage portfolio performance. The role involves collaborating with internal team members across development, project management and capital markets.

Underwriting & Financial Analysis

• Build and maintain financial models for new development and acquisition opportunities across AGI's senior housing product types
• Perform market feasibility analysis including studying supply/demand dynamics, absorption rates, rent comparables, and competitive positioning
• Prepare investment memos and executive summaries supporting investment decisions

Due Diligence & Deal Execution

• Coordinate and manage due diligence processes across legal, environmental, physical, and financial workstreams
• Review and summarize third-party reports including market studies, appraisals, environmental assessments, and engineering reports
• Support site sourcing and initial screening of new development and acquisition opportunities
• Track deal pipelines and manage data rooms for active transactions

Capital Markets & Investor Relations

• Assist in preparation of equity and debt raise materials including investment decks, offering memoranda, and financial projections
• Support investor reporting and communications including quarterly and annual updates
• Research and track capital market conditions relevant to senior housing financing

Asset Management

• Prepare and maintain project-level budgets, cash flow forecasts, and variance analyses across AGI's portfolio
• Coordinate with operators, lenders, and third-party managers to monitor performance against underwriting
• Support disposition and refinancing analyses as assets reach stabilization
• Manage transactions

Qualifications

• Advanced Excel modeling skills and PowerPoint
• Proficiency in Financial Modeling and strong Analytical Skills
• Experience with Due Diligence and Investments
• Knowledge in Finance and market trends related to senior living or real estate
• Strong communication and presentation skills to collaborate with teams and stakeholders
• Attention to detail and the ability to manage multiple projects effectively
• Bachelor's degree in Finance, Economics, Business, or related field required; MBA or relevant advanced degree is a plus
• Prior experience in investment, real estate, private equity, or senior living sectors is highly desirable