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RARelated Affordable
Related AffordableAffordable Housing Real Estate

Analyst, Asset Management

Affordable Housing

Location

Dallas, Texas, United States

Work type

Onsite

Employment

Full Time

Experience

1-3 years

Compensation

$80K - $90K per year

Posted

7h ago

Summary and responsibilities

Role overview

Summary

The Analyst, Asset Manager will be a key member of the Asset Management Team, responsible for executing business plans for a portfolio of affordable multi-family assets. This role involves assessing market conditions, operations, property conditions, and collaborating with various teams to maximize asset performance and ensure compliance.

The Analyst, Asset Manager will be an integral part of the Asset Management Team ("AM Team") responsible for executing the business plan for a portfolio of affordable multi-family assets owned by Related Affordable. This role will support the Vice President – Asset Management in various tasks related to assessing market conditions, operations, property conditions, staffing, compliance, capital expenditures; and rent collection, leasing opportunities with property management for each property within the portfolio. The Analyst, Asset Manager will report to the Vice President - Asset Management and work closely with the Portfolio Management Team. This position will be onsite five days a week at our Dallas office.


Core responsibilities may include, but are not limited to the following:

  • Asset manage a portfolio of approximately 40 assets

  • Work closely with the Portfolio Management Team (NOI procurement) to contribute to standard reporting packages, such as budget variance reports and site inspection reports

  • Conduct periodic inspections of all assets in designated portfolio with particular attention to any troubled assets

  • Assist in identifying and escalating significant issues to the Vice President - Asset Management and the Portfolio Management Team

  • Attend weekly asset management calls to learn and contribute to discussions on best practices

  • Participate in regular portfolio management meetings that are relevant to assigned properties

  • Contribute to the annual property budgeting process for assigned properties

  • Monthly operations review of portfolio and presenting monthly watch list for applicable assets

  • Collaborate with the Portfolio Management Team to update property database

  • Assist the Portfolio Management Team to maximize Section 8 contract rents for the sub-portfolio

  • Support budget-based rent increase requests as needed

  • Collaborate with the Portfolio Management to review operations, procedures, and spending to identify opportunities for implementing best practices


Qualifications

  • Minimum of 1 to 3 years of relevant experience in commercial real estate, preferably with an owner, lender, manager, syndicator, agency, or real estate consulting group

  • BS/BA degree preferred

  • Basic knowledge of finance, operations, and accounting principles in commercial real estate, with a willingness to learn; Affordable Housing knowledge is a plus

  • Proficiency in Microsoft Excel, Word, and PowerPoint

  • Strong written and oral communication skills

  • Strong organizational skills with attention to detail

  • Demonstrated eagerness to learn, contribute, and grow within the team

  • Ability to collaborate effectively with property management and ownership teams

  • A diplomatic and assertive approach, coupled with self-motivation

  • Curiosity and a willingness to explore new approaches and solutions

  • Must have the flexibility to travel to properties

Updated 7h ago

Candidate fit

Skills and qualifications

Additional skills

Asset Management • 1+ yrs
Commercial Real Estate • 1+ yrs
Financial Analysis • 1+ yrs
Budgeting • 1+ yrs
Microsoft Excel • 1+ yrs
Organizational Skills • 1+ yrs
Communication • 1+ yrs
Collaboration • 1+ yrs

Experience

1-3 years

How this role is positioned

Role classification

Job domains

Real Estate & Facilities

Industries

Real Estate & PropTech

Employment

Full Time

Contract duration

Permanent

Hiring type

Direct

Global hiring

Location specific

Offer details

Compensation and benefits

Compensation

$80K - $90K per year

VisibilityShared on listing
CurrencyUSD
PeriodYearly

Location, schedule, and role shape

Work setup

Work conditions

Primary locationDallas, Texas, United States
Work typeOnsite
Global hiringNo

Bandwidth profile

peopleHigh8/10
physicalMedium5/10
cognitiveHigh8/10
executionHigh8/10
creativityMedium6/10
uncertaintyMedium6/10
communicationHigh8/10

Context on the employer

Company snapshot

Company

Related Affordable

Team size

Growing team

Location

Dallas, Texas, United States

Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $70 billion. Related Affordable leads the company’s efforts to preserve and improve the nation’s affordable housing stock, owning and overseeing one of the largest affordable housing portfolios in the nation.

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Analyst, Asset Management

Dallas, Texas, United StatesFull Time