What are the responsibilities and job description for the Asset Management Analyst or Associate position at OTH Capital?
OTH Capital
Asset Management Analyst or Associate
Company Description
OTH Capital is an Austin-based private equity firm specializing in the strategic acquisition, development, and management of multifamily real estate. Our integrated investment approach combines best-in-class technology with in-house property and construction management. We invest in both market-rate and affordable housing communities throughout the Sunbelt region and are actively expanding our portfolio.
Role Description
This is a full-time in-person role for an Asset Management Analyst or Associate at OTH Capital. The position will support the asset management team in executing asset business plans, monitoring portfolio performance, and successfully managing the relationships with key vendors and stakeholders. This role offers significant growth opportunities within the firm, providing a pathway for career development within real estate.
Duties:
- Monitor asset performance, measuring against pro forma, budget, and market benchmarks
- Identify trends in property submarkets, identifying potential impacts on property business plans
- Prepare and aggregate reporting for partners, lenders, and other stakeholders
- Communicate business plan objectives with property management partners
- Assist in the internal auditing of property-level financial reports before delivery to investors
- Manage the accounting of capex improvements, facilitating the draw process with investment partners
- Prepare annual property budgets and forecasts for investments
- Support acquisition and disposition initiatives, including diligence, financing and closing
- Manage ad valorem tax administration, including appeals and compliance
- Maintain overall accountability for the financial performance of each asset in the portfolio
Compensation and title will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.
Robust Benefits Offered for Full-time Team Members:
- 401(k)
- Dental insurance
- Flexible schedule
- Health insurance
- Paid sick time
- Paid time off
- Vision insurance
- Bonus opportunities
Experience and Qualifications:
- At least two years of multifamily investment experience
- Bachelor’s degree in real estate, finance, or related field
- Superior work ethic and initiative, with ability to oversee multiple projects
- Advanced proficiency in Microsoft Excel
- Excellent communication skills and ability to present information concisely and effectively
- Strong relationships or ability to create relationships with real estate brokers, owners, developers, investors, and finance companies
- High attention to detail and accuracy
- Role requires up to 25% travel