What are the responsibilities and job description for the Senior Associate, Asset Management position at Urban Atlantic?
🚨 We’re hiring: Senior Associate, Asset Management (Multifamily)
📍 Bethesda, MD (Hybrid - 3 days office, 2 days remote)
Urban Atlantic, one of Greater Washington DC's most active real estate development firms, is seeking a Senior Associate to join our team in a dual-hatted role combining direct asset management and portfolio-level strategy across its 5,000 unit multifamily platform of market-rate and affordable housing. This is a unique opportunity to toggle between execution and strategy in a high-impact, highly visible role.
What you’ll do
• For assigned assets, own performance (budgeting, leasing strategy, cash flow, operations)
• Support Director of Asset Management with portfolio-wide analytics
• Build and maintain financial models, dashboards and complete strategic initiatives
• Partner across acquisitions, development, finance, and accounting
• Interface with property managers, lenders, investors, and external partners
• Present memos and analyses to leadership, investors, and partners
• Oversee compliance (including affordable housing / LIHTC where applicable)
• Leverage AI technology to improve reporting, work flows, and asset monitoring.
What we’re looking for
- 4–7 years of experience in asset management, acquisitions, brokerage, or valuation
- Experience with multifamily (market-rate, affordable, or mixed-use) assets
- Strong understanding of real estate finance metrics (IRR, DSCR, cap rates, etc.)
- Advanced Excel / financial modeling skills
- Experience with value-add, lease-up, or development projects preferred
- Familiarity with legal documents (JV agreements, loans, leases, etc.)
You also are:
- Highly analytical with strong problem-solving instincts
- Comfortable owning decisions and working autonomously
- An effective communicator who can translate complex data into clear insights
- Organized and able to manage multiple priorities in a fast-paced environment
Compensation & perks
• $100k–$120k base bonus
• 100% company paid healthcare (employee)
• 401(k) match life insurance
• Cell phone reimbursement
• Company paid parking/transit
• Covered industry dues & subscriptions
Why This Role Stands Out
- True ownership: Direct responsibility over asset performance—not just reporting
- Full lifecycle exposure: Acquisitions, development, operations, and dispositions
- Lean, entrepreneurial team: Your voice matters and your impact is visible
- Growth-oriented platform: Opportunity to expand responsibility as the portfolio grows
- Collaborative culture: Work closely with experienced, high-performing colleagues
Apply
If you’re ready to take the next step in your real estate career and want to own outcomes—not just analyze them, we’d love to hear from you!
About Urban Atlantic
Founded in 1998, Urban Atlantic is an expert when it comes to complex real estate development and investment. Through a combination of agility and diverse talent, Urban Atlantic has delivered sustainable, vibrant developments in urban and first-ring suburbs along the East Coast—consistently generating strong returns for investors and development partners. The company’s portfolio includes over $3 Billion in active or completed mixed-use and mixed-income developments, representing over 10,000 market and affordable residential units, 1 million square feet of commercial space, and over 600 acres of land. In addition, Urban Atlantic’s subsidiary, Mid-City Community CDE, has invested nearly $500 million in New Markets Tax Credits (NMTC) in over 50 community development projects located throughout the U.S. and Puerto Rico. Urban Atlantic is headquartered in Bethesda, Maryland and has a Regional Office in Charlotte, North Carolina.