Analyst, Asset Management (Dallas)

Dallas, Texas Permanent USD75,000 - USD90,000 per year View Job Description
Michael Page have partnered with a growing real estate investment and development firm specializing in Multifamily assets throughout the US. Our client is seeking a Multifamily Asset Management Analyst to join their team.
  • Growing real estate investment firm with immediate needs in Asset Management
  • Competitive compensation & benefits package

About Our Client

Michael Page have partnered with a growing real estate investment and development firm specializing in Multifamily assets throughout the US. Our client is seeking a Multifamily Asset Management Analyst to join their team.

Job Description

  • Maximize total ROI for all assets and assessing where to add value and improvements to current and existing assets.
  • Provide direction (leadership) and oversight of business plans, budgets, forecasts, leases, analysis and approvals.
  • Working in a collaborative fashion with third-party property managers, lease administrators, leasing agents, legal counsel, auditors and accountants.
  • Works with construction management to create a vision for the capital improvements to the asset
  • Tracks lender mandated reporting and covenants such as debt service ratio coverages.
  • Develop and distribute periodic asset management reports to investors, consultants and other partners
  • Negotiate third party contracts.
  • Participates in the annual budget process.
  • Analyze weekly and monthly operating reports from property managers
  • Understand different financial evaluation methods related to valuation and performance of real estate (such as IRRs, NPVs, WACCs, etc.)
  • Analyze market and submarket comps and track against portfolio performance
  • Prepare reports for lenders, institutional partners, and the Investment Committee using PowerPoint and Adobe suite
  • Manage asset management files and records
  • Work with Acquisitions team to develop asset business plans
  • Assist the Director of Asset Management
  • Ensure adherence to policies and procedures to maintain effective internal controls
  • Assist in operational takeovers and property manager transitions



MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

  • Bachelors degree in finance, accounting or real estate focused industry
  • 1-4 years of Multifamily real estate asset management experience.
  • Strong lease administrative and hands on asset management experience.
  • Experience with managing over a significant portfolio of Class A multifamily Assets
  • Financial modelling and excel capabilities
  • Experience in site leadership managing over property managers, vendors and maintenance professionals on multifamily sites

What's on Offer

My client is offering a fantastic benefits package that includes market leading salary, bonus and additional benefits.

Contact
Taylor Ludwig
Quote job ref
JN-072024-6486604

Job summary

Sector
Real Estate
Sub Sector
Property & Asset Management
Industry
Business Services
Location
Dallas
Contract Type
Permanent
Consultant name
Taylor Ludwig
Job Reference
JN-072024-6486604