What are the responsibilities and job description for the Associate - Asset Management position at Macdonald & Company?
Macdonald & Company are proudly partnered with a well-capitalized, vertically integrated real estate investment platform focused on multifamily assets across high-growth Sunbelt markets. The firm operates with an institutional approach to asset management, with a long-term ownership strategy.
The South Florida portfolio represents a key focus for the firm, consisting of a concentrated group of multifamily assets across the region, including stabilized communities and assets in lease-up or transition. The platform emphasizes data-driven decision making, disciplined execution, and close collaboration between asset management and property management teams to drive performance.
This Asset Management Associate will be based full-time in Boca Raton, reporting directly into the Managing Director of Asset Management. The role is highly analytical and finance-driven, with a focus on monitoring asset performance, executing business plans, and supporting strategic decision making across the portfolio.
Key Responsibilities
- Monitor asset-level performance against underwriting and business plans, including budgeting, forecasting, and variance analysis
- Analyze leasing trends, operating expenses, and key performance metrics to drive NOI growth
- Partner closely with third-party property management teams to optimize operational performance and execution
- Evaluate asset-level capital structures, including debt terms, covenants, and overall capital stack positioning
- Perform loan extension tests, refinance analysis, and downside scenario modeling
- Support internal and investor reporting, including performance updates and ad hoc financial analysis
- Assist in lease-up and stabilization of assets from a financial and reporting perspective
- Identify risks and opportunities across the portfolio and provide recommendations to senior leadership
Qualifications
- 2–5 years of experience within institutional real estate, preferably multifamily
- Bachelor’s degree in Real Estate, Finance, or a related field required
- Background in asset management, lending/credit, or real estate private equity
- Strong financial skillset, including budgeting, financial modeling, and investment analysis
- Understanding of capital stacks, debt structures, and loan performance metrics
- Experience working with or alongside property management teams and understanding asset-level operations
- Ability to operate in a lean, fast-paced environment with a hands-on, ownership mindset
- Based in South Florida or strong ties / willingness to relocate