What are the responsibilities and job description for the Associate/Sr. Associate, Asset Management position at Concord Companies?
Concord Capital Partners, an affiliate of Concord Companies, is a leading commercial real estate private equity firm based in Beverly Hills, California. We invest nationwide across the residential asset classes, including conventional multifamily, student housing, and affordable housing. Concord's vertically integrated platform allows us to maximize the operational efficiency of our assets and provide outsized returns to our investors. The firm has completed more than $2 billion in transactions since inception and counts some of the nation’s most prestigious family offices, ultra-high-net worth individuals, and private equity firms among its clients.
The Associate/Sr. Associate, Asset Management will work directly with senior leadership to help translate portfolio strategy and asset-level decisions into organized execution across property management, construction, accounting, leasing, and asset management. This is not a plain reporting role. The ideal candidate will be a high-horsepower operator/analyst who can synthesize information, organize complexity, track follow-through, prepare decision-ready materials, and help ensure that business plans actually get executed.
Over time, the successful candidate should develop into a broader asset management / portfolio performance leader. The position will report directly to the Director, Investments and will work closely with the firm’s principals.
Responsibilities
Portfolio Execution & Follow-Through
- Maintain a clear, organized view of open priorities across the portfolio.
- Track action items, owners, deadlines, and follow-ups from weekly operating calls and asset review meetings.
- Ensure that key decisions made by senior leadership are translated into specific tasks and executed by the appropriate teams.
- Follow up with regional managers, property managers, construction, accounting, and other internal teams to keep initiatives moving.
- Identify stalled projects, missed deadlines, unclear ownership, and recurring execution gaps.
Asset-Level Business Plan Support
- Help maintain written business plans for each asset, including current strategy, key priorities, risks, open issues, and upcoming decisions.
- Track progress against asset-level operating plans, renovation plans, leasing strategies, and budget priorities.
- Prepare first-pass summaries of asset performance, including what changed, what matters, and what needs leadership attention.
- Help connect underwriting assumptions to actual operating results.
Data, Reporting & Analysis
- Review operating data, financial reports, rent rolls, leasing reports, construction updates, and other property-level information.
- Identify exceptions, trends, and potential issues requiring follow-up.
- Prepare weekly and monthly portfolio review materials.
- Assist with variance analysis, budget tracking, renovation performance analysis, leasing trends, delinquency tracking, and capex monitoring.
- Work with internal systems, including Atlas, Yardi, Excel, SharePoint, and related tools, to improve information flow and execution tracking.
Cross-Functional Coordination
- Serve as a coordination point between senior leadership and property management, construction, accounting, leasing, and investments.
- Help organize asset review meetings and ensure that discussions result in clear decisions and action items.
- Escalate issues when responsibilities are unclear, timelines are slipping, or information is incomplete.
- Support communication between field teams and ownership-level decision-makers.
Process Improvement & Systems
- Help build and refine Concord’s internal operating processes, dashboards, trackers, checklists, and workflows.
- Identify recurring operational problems and help convert them into repeatable processes or system improvements.
- Work closely with leadership on the development and use of Atlas, Concord’s internal operating and knowledge platform.
- Help create a more disciplined, transparent, and scalable asset management process across the company.
Acquisitions Support
- Support the firm’s acquisitions program in analytical and transaction coordinating functions.
- Provide underwriting inputs and market research to support valuation and investment committee decisions.
- Supply high-quality portfolio data, market insights, and underwriting support to prospective lenders and capital partners.
- Coordinate real estate due diligence workflows, including property inspections, commissioning of third-party reports, and in-house document reviews.
Qualifications
· 3–7 years of relevant professional experience.
· Strong analytical and financial skills.
· Excellent written and verbal communication.
· High attention to detail.
· Strong project management and follow-through.
· Ability to organize ambiguous information into clear action plans.
· Comfort working across multiple teams and personalities.
· Curiosity about real estate operations and asset performance.
· Ability to work directly with senior leadership.
· Willingness to spend time in the field and learn property-level operations.
· Strong Excel skills.
· Comfort with software systems, dashboards, workflows, and data tools.
· A high standard for accountability and execution.
Location: Beverly Hills, California
Compensation: Expected base salary of $110,000–$140,000, plus annual bonus and participation in a long-term performance incentive / carry program. Bonus and carry participation will be determined based on experience, capabilities, and final role scope.
Salary : $110,000 - $140,000