Multifamily Asset Manager

Responsibilities:

· Evaluate diligence materials including regulatory approvals, legal documents (including easements, contracts and site plans), 3rd party reports (Phase 1 & Phase 2 environmental and Geotech reports) on preferred equity and other structured investments

· Review organization and investment docs to aggregate compliance obligations and establish systems to manage those requirements spelled out in organizational documents

· Identify potential risks, develop mitigation strategies and recommend key decisions for investments

· Import sponsor-provided financial data

· Track, review, and analyze performance of preferred equity investments; and Freddie Mac K-Series bond pools and their underlying collateral

· Coordinate with Development Management and Asset Management groups regarding ongoing oversight and project accounting compliance

· Create valuation models based on monthly and quarterly updates

· Analyze strategic decisions such as Property manager selection, operating budget, marketing plan, lease up strategy etc. and ongoing property-level financial statements and integrate findings into financial models

· Manage outfacing relationships with venture partners, lenders and investors, in conjunction with Originations team

· Conduct due diligence and periodic property site inspections across markets for preferred equity and K-Series investments

· Collect compliance materials related to ongoing operations and dispositions

· Assist in preparation of quarterly presentations providing project and performance updates; deliver presentations to entire company

Requirements:

· Bachelor’s Degree with excellent academic credentials

· 3 years of work experience in Finance, Real Estate (finance or project management)

· Experience with real estate development analysis or project work including multifamily and mixed-use development

· Ability to analyze qualitative and quantitative information and translate into strategic deliverables

· Familiarity with capital structures including mezzanine debt, preferred equity & common equity