Senior Asset Management Associate

Turn2Partners - Arlington, VA

We are working with a growing Real Estate Investment Trust that is expanding their Asset Management team due to recent growth. This organization will be doubling their current portfolio over the next 1-2 years and this role will play a pivot role. They are looking for a Senior Asset Management Associate with 3-5 years of progressive experience within asset management, property management, portfolio management and analytics. 


Role & Responsibilities: 

  • Support execution against and updates to business plans for organization's investments.
  • Analyze and prepare annual operating and property budgets that align to investment plans; participate in making recommendations on operations and strategy.
  • Compile monthly budget-to-actual performance reports, analyze results, and use financial information to steer the property towards key objectives.
  • Prepare year-end reconciliations for delivery to Fortune 500 tenants.
  • Oversee on-going administrative and project management items related to properties, such as annual registrations, maintaining investor database for issuing investment information, and tracking compliance items.
  • Assist in performing annual valuation analyses, sell/hold analyses, and other ad hoc requirements for on-going marketing/leasing efforts and construction projects.
  • Maintain working knowledge of leases, loan documents, and partnership agreements to assist with general responsibilities and reporting.

Ideal Background:

  • Bachelors degree
  • 3+ years of real estate industry experience within a property or fund level role
  • Previous REIT or Fund Experience
  • Forecasting, Budgeting, Portfolio Management, Property Management experience
  • Extensive Excel

Additional Information:

  • Hybrid Remote Working options (1-2 days at home) 
  • Bonus eligible 10% -15% bonus  
  • Future career opportunities

Posted On: Monday, July 8, 2024
Compensation: $80,000 - $110,000

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