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Analyst - Asset Management

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Description

The Portfolio Analyst will be responsible for assisting Property Management leaders and Asset Managers in the financial analysis and management of multifamily real estate assets.

Essential Duties and Responsibilities

Review and analyze monthly property financials, monthly property cash flow, as well as key property metrics
Track key property metrics as well as communicate results of property operations and budget variances for senior management and investor relations team
Work with in-house management company to summarize business plans and performance at each property in assigned portfolio
Perform and document on-site property visits (monthly/quarterly/annual). Report inspection results and recommendations to senior management
Monitor and report on construction budgets and timing
Model and communicate future property cash requirements and future monthly cashflow projections
Become an active member of the due diligence team for assets to be acquired, which includes on-sight property inspections, reviewing and analyzing third party reports, property contract reviews, lease audits or other tasks as needed
Create and/or utilize financial models to analyze investment and disposition opportunities
Prepare property narratives for quarterly investor reports
Research, analyze and summarize pertinent market data
Review proposed budgets provided by and compare to original pro forma and future modeling
Monitor and administer loan covenants including reserve/loan draws, monitor lender covenants.
Work with senior management to propose periodic property distributions

Requirements

Minimum 1 year of prior experience in asset management, financial analyst, underwriting or fund-level management involving commercial real estate (education may be a substitute for experience)
Entrepreneurial attitude
Superior interpersonal, written, and verbal communication skills.
Willingness to travel as required
Strong organizational and time management skills. Strong listener. A detailed oriented self-starter.
Ability to multitask, prioritize and take direction from multiple senior managers
Strong analytical skills and ability to learn quickly, achieve results, and excel in a fast-paced, deadline driven environment
Ability to work on a team, as well as independently, while driving multiple priorities and applying good judgement along with strong sense of self-motivation and direction
Smart, energetic, team player with a strong work ethic and commitment to excellence

Technical/Educational Requirements

Bachelor's Degree in Economics/Finance/Accounting or Real Estate
Advanced Excel skills required
Yardi experience and knowledge a plus
Argus experience and knowledge a plus
Proficient in Microsoft Office Suite

Physical Requirements: Ability to operate office machinery; including but not limited to: telephone, computer, copy machine, fax machine, printer, and mobile phone.

Working Conditions: Open office workstation environment, moderate to quiet noise levels.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law.

In compliance with the Americans with Disabilities Act, a “reasonable accommodation” will be made for an individual with a known physical or mental limitation unless it would require an action of significant difficult causing undue hardship.

This document covers the most significant duties performed but does not exclude other occasional work assignments not mentioned.

Average salary estimate

$60000 / YEARLY (est.)

min

max

$50000K

$70000K

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What You Should Know About Analyst - Asset Management, MLG Capital

If you have a passion for real estate and a knack for financial analysis, then the Analyst - Asset Management position at our Brookfield, Wisconsin location might be your next great adventure! As a Portfolio Analyst, you're in for an exciting challenge, supporting Property Management leaders and Asset Managers in managing multifamily real estate assets effectively. Your day-to-day responsibilities will include diving into monthly property financials, analyzing crucial property metrics, and communicating insights to senior management and investors. You'll also be tasked with conducting on-site property visits, monitoring construction budgets, and contributing to due diligence for potential asset acquisitions. We’re searching for someone with at least a year of experience in asset management or a related field, who possesses strong analytical skills and can thrive in a fast-paced environment. With your bachelor’s degree in Economics, Finance, Accounting, or Real Estate and advanced Excel skills, you’ll be ready to tackle the numerous challenges that await you. Join us, and let’s make an impact together in the multifamily real estate sector!

Frequently Asked Questions (FAQs) for Analyst - Asset Management Role at MLG Capital

What are the key responsibilities of an Analyst - Asset Management at our Brookfield location?

As an Analyst - Asset Management based in Brookfield, your key responsibilities will include reviewing monthly property financials, analyzing cash flows, and tracking significant property metrics. Additionally, you will communicate outcomes of operations and budget variances, conduct property inspections, and support the due diligence process for potential asset acquisitions.