Job Description

Macdonald & Company is pleased to be retained by a national multifamily developer to recruit an Asset Management Associate for their team in Houston, TX. This individual will support their growing pipeline of multifamily development deals throughout Texas.

The Opportunity:

Working with a first-class team of multifamily asset managers and developers, this candidate will gain significant exposure to a best-in-class, collaborative environment. They will have the opportunity for internal growth within the organization and will gradually be given autonomy over their own portfolio. This individual will gain experience across all facets of multifamily asset management.

Responsibilities:

• Interface with various third-parties regarding asset strategies and performance, including joint-venture partners, financial institutions, attorneys, brokers, and other advisors/consultants
• Coordinate information procurement and distribution in connection with the acquisition, financing, and disposition of assets, including due diligence documentation
• Review and analysis of lease-up and ongoing operating performance Assistance with and review of monthly and annual budget forecasts
• Monitor asset compliance with loan documents and reporting requirements
• Coordinate with internal Accounting Team and third-party partners to ensure timely and accurate reporting
• Monthly asset summaries, performance reporting, and strategy updates
• Quarterly portfolio valuation, including summary of recent BOV’s and sale comparatives
• Quarterly market updates, including micro and macroeconomic data, submarket performance trends, and competitive property performance
• Any other duties assigned or directed

Experience:

• 2+ years of asset management experience within multifamily
• Experience with financial modeling
• Strong analytical and problem-solving skills, attention to detail
• Proficiency in Microsoft Excel, PowerPoint and Word
• Good verbal and written communication skills
• Good organizational skills with the ability to prioritize and multi-task, and ability to work under pressure to meet deadlines
• Ability to work a schedule that may be other than 8-5 Monday through Friday, including overtime, depending on business needs.
• Proficient in Word, Excel, Outlook and accounting systems

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