Multifamily Asset Manager - Bethesda, MD
Location :
Bethesda, MD
Job Type :
Direct
Hours :
Full Time
Required Years of Experience :
3+
Required Education :
Bachelor's Degree Required
Travel :
No
Relocation :
No
Job Description :
Responsibilities:
· Evaluate diligence materials including regulatory approvals, legal documents (including easements, contracts and site plans), 3rd party reports (Phase 1 & Phase 2 environmental and Geotech reports) on preferred equity and other structured investments
· Review organization and investment docs to aggregate compliance obligations and establish systems to manage those requirements spelled out in organizational documents
· Identify potential risks, develop mitigation strategies and recommend key decisions for investments
· Import sponsor-provided financial data
· Track, review, and analyze performance of preferred equity investments; and Freddie Mac K-Series bond pools and their underlying collateral
· Coordinate with Development Management and Asset Management groups regarding ongoing oversight and project accounting compliance
· Create valuation models based on monthly and quarterly updates
· Analyze strategic decisions such as Property manager selection, operating budget, marketing plan, lease up strategy etc. and ongoing property-level financial statements and integrate findings into financial models
· Manage outfacing relationships with venture partners, lenders and investors, in conjunction with Originations team
· Conduct due diligence and periodic property site inspections across markets for preferred equity and K-Series investments
· Collect compliance materials related to ongoing operations and dispositions
· Assist in preparation of quarterly presentations providing project and performance updates; deliver presentations to entire company
Requirements:
· Bachelor’s Degree with excellent academic credentials
· 3+ years of work experience in Finance, Real Estate (finance or project management)
· Experience with real estate development analysis or project work including multifamily and mixed-use development
· Ability to analyze qualitative and quantitative information and translate into strategic deliverables
· Familiarity with capital structures including mezzanine debt, preferred equity & common equity.
Salary range: $120K-140K
Required Qualifications :
