Senior Associate - Asset Management (Real Estate)

Senior Associate - Asset Management (Real Estate)

Pittsburgh, PA

Job Summary

At Birgo Capital, we are a mission-driven, vertically integrated private equity real estate firm managing over $300 million in assets. We are seeking a Senior Associate of Asset Management to take ownership of our 3,500-unit multifamily portfolio. With a lean team and 60+ vintage assets spanning four states, this role requires a professional ready to get in the weeds and manage multiple priorities simultaneously.

Founded in 2012, Birgo has experienced significant momentum, tripling in size since 2020. Our track record includes successfully raising and allocating four funds, alongside various JV deals and syndications. Our footprint continues to expand into the Midwest.

As a Deliberately Developmental Organization, we prioritize your professional growth by providing the autonomy to lead and a clear path to advance.

Birgo's Values

• Teamwork: We leverage one another's strengths to achieve more together.
• Humility: We admit our faults and strive to continuously improve.
• Rhiniceroality: We charge hard after our highest priorities.
• Integrity: We do the right thing, even when it is costly.
• Vision: We innovate and adapt to improve lives.
• Excellence: We are dependable and accountable to produce quality results.

Core Responsibilities

• Translate Investment Thesis to Operations: You are the connective tissue between Acquisitions and Property Management. You'll take the underwriting assumptions and turn them into actionable operating plans, ensuring the original investment thesis holds up in day-to-day operations.

• Own the Financial Roadmap: Lead the annual budgeting and monthly re-forecasting process. You'll stress-test fund-level cash flow models and provide a clear narrative on IRR and DSCR performance to Leadership.

• Build Property Manager Rapport to Drive Performance: Success in this role depends on your ability to be humble and build trust with the Property Management team. You will support their financial literacy by helping them use variance analysis and market comps to optimize rents and control expenses.

• Direct the Team: You will oversee the workflow of high-skill offshore analysts, ensuring the accuracy of their REO schedules, data compilation, and reporting, while providing consistent mentorship and guidance.

• Compliance Oversight: Manage the potential friction of the capital stack. This includes maintaining lender relationships, ensuring covenant compliance, and prepping data for refinances or dispositions.

• Metrics: Use and develop our AI tools to track occupancy, net effective rent, and capex ROI. Provide data-backed recommendations when a property drifts from its business plan.

• Other duties as assigned to help Birgo improve lives through real estate

Successful Candidate Profile

Knowledge and Experience

• 3-5 years of asset management experience
• In-depth knowledge of real estate investing and operations
• Bachelor's degree in finance, accounting, or related degree

Skills

• Strong financial modeling and Excel skills
• Excellent written and verbal communication skills
• Strong prioritization and planning skills with the ability to multitask
• Proficient in making decisions in a rapidly changing environment
• Fluent with technology, including AI, and willing to implement new solutions

Work Style

• Servant leader
• A disciplined self-starter who balances a strong sense of urgency with a commitment to quality
• Thrives on facts while under pressure; develops confidence in their expertise through thoughtful analysis
• Creative problem solver
• Capacity to work independently and collaboratively

Other Requirements

• Tech: Fully utilize Muvan, Appfolio, and other tools
• Location: Based in or near a Birgo market (Pittsburgh, Buffalo, Cleveland, or Morgantown)
• Work From Home: Eligible, with the expectation of attending in-person meetings in Pittsburgh as needed.
• Travel: This role requires approximately 25% travel to visit sites monthly.
• Ability to use a computer for a full workday

Benefits

• Relocation assistance
• Incentive-based compensation, including disposition fees and a profit-sharing program
• Medical, dental, vision, life, and pet insurance with company contribution
• Flexible paid time off and paid holidays
• 401(k) retirement plan with employer match
• Team outings and volunteer events
• Professional development reimbursement program
• Healthy lifestyle reimbursement program
• Discounted rates at Birgo Properties

More About Birgo

Birgo Realty offers an exciting start-up environment, characterized by fast growth and an entrepreneurial spirit. We take care of our hardworking team by providing opportunities for professional growth, paying attention to holistic staff needs, and celebrating life together. Birgo Realty values diversity in our staff and seeks to enhance the diversity of our team at every opportunity.