MLG Capital · 4 months ago
Asset Management Analyst
Brookfield,WI,US
Full-time
Onsite
New Grad, Entry Level
0+ years expMLG Capital is a well-established real estate investment firm with over 35 years of experience. The Asset Management Analyst will work closely with senior leadership to manage asset strategy, review financials, and assist with various financial and operational tasks throughout the investment lifecycle.
CommercialReal EstateReal Estate InvestmentService Industry
Responsibilities
Review and analyze monthly financial reports including rent rolls, income statements, balance sheets, budget comparisons, cash flow statements, and delinquency reports
Review lease trade out reports and interior improvement plans
Communicate current property operations and current budget variances
Perform and document on-site property inspections (semi-annually). Report inspection results and make recommendations to senior management and property management
Monitor asset strategies, provide project management, and review and track construction budgets
Forecast cash requirements and communicate future cash outflows with fund accounting
Assist with and participate in due diligence efforts for newly acquired assets
Manage direct disposition of assets though sales process
Create and/or utilize financial models to analyze cash flow, recommend supplemental loans or refinancings, and determine when to hold vs. sell investments
Develop and distribute asset management reports
Review and approve annual operating budgets provided by property management team
Compare pro forma underwriting to annual asset performance
Maintain regular communications with partners to ensure operations are in accordance with the underwritten business plan
Monitor and administer loan covenants including reserve/loan draws, monthly escrows, and provide lenders financial information as required
Manage real estate tax appeal process, litigation and mediation with tax advisors
Forecast property distributions and communicate variances to fund accounting
Ensure lender required repairs are completed on time
Create process documentation and build systems for recurring projects
Qualification
Required
0-3 years of prior experience in asset management, portfolio management, or financial underwriting
Life-long learner with an entrepreneurial attitude
Superior interpersonal, written, and verbal communication skills
Strong organizational and time management skills
Detailed oriented self-starter with managerial skills
Ability to multitask, prioritize, and take direction from managers in different business units
Strong analytical skills and ability to learn quickly, achieve results, and excel in a fast-paced, deadline driven environment
Ability to work on a team, as well as independently, while driving multiple priorities and applying good judgement along with strong sense of self-motivation and direction
Smart, energetic, team player with a strong work ethic and commitment to excellence
Willingness to travel as required
Bachelor's Degree in Economics/Finance/Accounting or Real Estate
Proficient in Microsoft Word, Teams, Excel, and Outlook
Preferred
Yardi experience and advanced Excel functions a plus
Argus experience and knowledge a plus
Company
MLG Capital
MLG Capital is a direct operator and private equity real estate investment firm that focuses on maximizing clients’ investment success.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Kelly Whetstone
Chief Compliance Officer and Associate General Counsel
Recent News
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