ASSET MANAGEMENT ANALYST | GID – Dallas, TX
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DESCRIPTION:
Assist the Asset Management Team in overseeing a portfolio of assigned properties. This will include the review and assessment of the individual properties’ operating performance as well as the creation and execution of business plans to drive long-term value. The Asset Management Analyst will embrace our company values of accountability, inclusiveness, energizing and courageousness.
RESPONSIBILITIES:
- Assist in the oversight and monitoring of the performance of a diverse multifamily portfolio; including, but not limited to, development and maintenance of performance monitoring models, hold/sell analyses, and real estate tax appeal tracking.
- Manage the periodic internal and external valuations of multifamily properties owned by the co-investment partnerships. Review reports for accuracy and consistency with similar properties.
- Help prepare various periodic reports and analyses for GID’s Executive Committee and Ownership as well as its major institutional investment partners. Prepare models that detail current positions and forecast the performance of individual real estate assets.
- Support the asset management of a portfolio of multifamily properties; including assisting Asset Managers with annual business plans, renovation and capital program management, and monitoring of development projects. Compile property-specific questions and issues to highlight or discuss with Asset Managers.
- Perform market research for assigned portfolio including, but not limited to, rental comparable analyses, new supply tracking, sale comparables and employment trends.
- Prepare, coordinate and ensure timely completion of property-level reporting such as quarterly fund reports, monthly status reports, investor-specific reports, and other reports as required.
- Utilize data analytics tools to identify trends and develop insights to inform asset management decision-making.
- Collaborate with Asset Managers to make recommendations for key investment decisions such as refinancings, dispositions and renovations. Prepare presentations to senior management to seek approval for recommended strategies.
- Participate in revenue management calls and prepare analyses to support pricing decisions.
- Participate in ad hoc analytical projects as required.
REQUIREMENTS:
- Bachelor’s degree in Real Estate, Finance, Mathematics, Engineering or Accounting.
- Two to five years of prior real estate experience. Experience in modeling for a financial institution, accounting firm, appraisal firm, or commercial mortgage lender is a plus. Comfort with real estate financial and valuation concepts is preferred.
- Fluency in and ability to maintain and create Excel financial models and spreadsheets is essential. Expert proficiency in Excel and PowerPoint required. Some Macro/VBA, Microsoft PowerBI and ARGUS background is preferred.
- Ability to prioritize tasks and complete multiple assignments simultaneously.
- Excellent analytical skills with strong attention to detail.
- Self-starter with ability to travel and frequently work extended hours.
Drug testing and background checks are an employment requirement. These are required steps in the hiring process.
Our company considers a range of factors including education and experience when determining base compensation.
This position is also eligible for bonus and benefits. For more information, visit: Benefits!
GID is an Equal Opportunity Employer