Asset Management Associate

B I R G E & H E L D 

Investing in Communities to Transform Lives. 

WHO WE ARE 

It's fun to work in a company where people truly believe in what they are doing. At Birge & Held, we are committed to bringing excitement and energy to the business of multifamily housing. We expect every employee within our organization to be a leader working in a collaborative environment towards a shared vision.  

At Birge & Held, our employees have a Passion for People, demonstrate Leadership at Every Level, and are Always Learning & Innovating. Through these core values, we make our purpose a reality, “Investing in Communities to Transform Lives.”  

POSITION OVERVIEW 

Primary responsibilities of the Associate, Asset Management will include assisting with the development and execution of portfolio projects, reporting and presentations, financial modeling, benchmark analyses, and other special projects as assigned. This person will be responsible for financial analyses of portfolio and asset-level analysis to support overall performance and value-added execution. The candidate will have the opportunity to join a growing, entrepreneurial team, report directly to senior management, and provide support to the Company's portfolio of real estate assets. 

KEY RESPONSIBILITIES 

• Manage 15-20 assets while collaborating with operational leaders, interdepartmental teams, and investors
  
• Work alongside Asset Management to maximize the total return for each asset through the analysis of property fundamentals and identifying opportunities for improved performance 
• Review and analysis of financial reports, including drilling into discretionary expenses, reviewing variance analyses, and comparing performance to underwriting 
• Assist Asset Management to produce monthly and quarterly reports, and investment return analyses in support of strategic recommendations 
• Assist with defining the Company’s investment strategies, analyzing macro and micro economic trends and real estate fundamentals to assist with developing strategic management investment plans for each portfolio asset 
• Develop and execute the implementation strategy of each asset’s unique business plan, reporting results to the Asset Management team 
• Prepare, distribute and ensure adherence to critical deadlines for portfolio financing; manage data collection across functional teams 
• Interact with Finance and Operations’ staff in order to obtain portfolio/asset information; prepare analyses, reports and produce strategic solutions
• Perform market research, competitive analysis, industry trends and tenant-specific research as requested 
• Ensure that all work product submitted to any client is timely and is of the highest quality

EDUCATION, EXPERIENCE, AND SKILLS 

• Bachelor’s degree in business or similar field of study
• Minimum of 2 years of experience in real estate, finance or related business position; multifamily investment experience is preferred
• High proficiency in Microsoft Office, especially in Excel, Word and PowerPoint
• Candidate should be proactive and self-motivated. Essential candidate attributes include strong work ethic, integrity and commitment to both team and individual project deadlines
• Must be able to work as part of a team that includes cross-functional teams 
• Must be able to communicate effectively in the organization, both verbally and in writing 
• Ideal candidate will be entrepreneurial self-starter with creative problem-solving skills capable of working across multiple projects simultaneously 
• High proficiency in property cash flow mechanics, investment analysis and equity/debt considerations 
• Strong writing and financial analysis skills; high competency in preparing and delivering analytical reports and data charts 
• Travel will be required
• Sensitivity to confidential matters and information is required

WHAT WE OFFER 

• Maintain work-life balance with a generous paid time-off policy, including up to 20 days of PTO per year. In addition to traditional PTO, you’ll receive 14 holidays including a floating holiday and your birthday. Separately, if you’ve served in the military, you’ll receive Veterans Day as a paid day off.
• Make a difference in your community with 8 hours of Volunteer Paid Time Off (PTO) each year, giving you the ability to support a cause or organization of your choice.
• Take advantage of supportive leave benefits, including up to 3 weeks of paid parental leave and 6 weeks of paid childbirth leave.
• Boost your earnings with a performance-based bonus of up to 10% of your base salary, determined by your role and achievement in individual, departmental, and company-wide Key Performance Indicators (KPIs).
• Save on living expenses with exclusive employee discounts at Birge & Held properties.
• Prioritize your well-being with a robust wellness program that supports your physical, mental, and emotional health. Enjoy up to $25 in monthly gym membership reimbursements and gain access to certified health coaches dedicated to helping you achieve your personal wellness goals.
• Access competitive dental, vision, and comprehensive medical plans to ensure you and your family receive the care you need, along with convenient online tools to help you manage your healthcare benefits with ease.
• Enjoy peace of mind today and tomorrow with a 401(k) plan that includes a competitive employer match.
• Receive automatic enrollment in the company paid basic life insurance policy with the opportunity to elect supplemental life insurance. With employment at Birge & Held you have the ability to elect additional ancillary benefit options including but not limited to, Long-Term Disability (LTD), Short-Term Disability (STD) and Critical Illness Insurance that provides extra protection against unexpected health challenges.
• Stay connected and equipped for success with a monthly phone stipend of up to $50 to help cover your mobile service costs.
• Grow your career through the support of a dedicated Talent Development team and a tuition reimbursement program. Whether you're building new skills, exploring new roles, or pursuing a degree, you'll have the resources and guidance to reach your full potential.
• Be part of an organization consistently recognized as one of the Top Workplaces in the USA, where your contributions are valued and celebrated.

Birge & Held is an Equal Opportunity Employer and we are committed to hiring a diverse and talented workforce.

 #INDLP