SonicJobs Logo
Left arrow iconBack to search

Associate, Affordable Housing Asset Management

Starwood Capital Group
Posted 2 months ago, valid for 17 days
Location

New York, NY 10008, US

Salary

Competitive

Contract type

Full Time

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • The Associate will support the Multifamily Asset Management Group, focusing on asset performance monitoring and reporting.
  • Candidates should have 3 to 6 years of relevant experience in real estate acquisitions, asset management, or finance, with multifamily experience preferred.
  • The role involves property valuations, business plan preparation, market assessments, and special project work.
  • Strong communication skills and proficiency in Microsoft Excel are essential, along with experience using LLMs for analysis.
  • The position offers a competitive salary, although the specific amount is not disclosed.
The Associate will support the Multifamily Asset Management Group and will focus primarily on monitoring and reporting asset level performance, identifying potential issues, developing portfolio level analysis, supporting disposition activity, and assisting with asset business plan development and implementation for Starwood’s U.S. multifamily portfolio.
 
Specific responsibilities include:
  • Performing property and portfolio valuations and return analyses;
  • Assisting with the preparation of property business plans, operating and capital budgets, and leasing strategy;
  • Conducting market assessments and making recommendations based on results;
  • Working on special projects including hold-sell analysis, evaluation of refinancing activities, and sector initiatives;
  • Monitoring business plan performance and reacting to correct any variances;
  • Reviewing development plans and development draws.
  • Interacting with joint venture partners and third-party service providers.
  • Some travel required.
 
Qualifications: 
  • 3 - 6 years relevant experience preferred, including: real estate acquisitions, asset management, construction management/budgeting, operations, or finance. Multifamily / Affordable Housing experience a plus.
  • Strong communication skills (both written and oral)
  • Development and/or real estate cash flow modeling experience   
  • Strong quantitative and technical/computer skills (including proficiency in Microsoft Excel)
  • Experienced with the use of LLMs to aid in analysis, research, and presentation of data (e.g. ChatGPT, Claude)
  • A true self-starter capable of accomplishing complicated tasks with limited supervision
  • Bachelor’s degree in real estate, finance, business or related area



Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.