Greystar · 1 day ago
Associate, Asset Management
Newport Beach, CA
Contract
Onsite
Entry Level
$110K/yr - $150K/yr
2+ years expGreystar is the largest rental housing operator and developer in the US and one of the largest global investment management companies. The Asset Management Associate is responsible for driving the execution and implementation of strategies that enhance financial and operational performance through analysis of market data and operational results.
Real EstateRentalRental Property
Responsibilities
Conducts financial analysis of multifamily development assets, including the creating of detailed pro-forma and Excel based financial models. Gathers, complies, investigates, and analyzes market data to identify market trends, and prepares narrative memoranda, detailed reports, and market summaries that provide insights on property level and market trends
Collaborates on new investment committee memos, financing or disposition recommendations and updates on existing development assets
Establishes and maintains productive relationships with local market brokers, institutional and equity partners, lenders, regional property management and other key stakeholders, and appropriately manages on-going communications related to development transactions
Participates in developing documentation and recommendations on key findings that may affect the return and financial performance of the asset(s)
Organizes and/or leads the disposition process including broker coordination and the due diligence or assets under contract. Performs valuation analysis and develops documentation and recommendations based on key findings that may affect the return and financial performance of the asset(s)
Monitors and reports on the status and progress of sales transactions and new product deliveries within the assigned geographic region. Establishes critical timelines and deadlines for tasks and activities related to the proposed transaction and identifies and effectively addresses issues or problems that could otherwise adversely affect closing
Works with internal teams and external parties to implement process improvements that target increased revenue, reduced operating expenses, promote efficiencies, and promote the overall performance of the asset(s). Participate and/or lead evaluation of rent structures and leasing velocity
Provides support and assistance to key business leaders and others by fielding questions and requests and gathering data and reports
Performs various functions on a regular basis, including the monitoring, reporting and proactive problem solving of the asset(s) within the assigned geographic region
Coordinates with consultants related to real estate tax protests
Assists with the preparation of annual level business plans including review of operating budgets, market analysis, real estate tax forecast and disposition strategy
Completes various financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary
Take an active role in group special projects including bi-annual portfolio revaluations as well as ad hock reporting requests
Prove peer training for new and existing analyst related to modeling and group reporting requirements
Complete cash needs and distribution analysis as needed
Qualification
Required
A bachelor's or master's degree in finance, accounting, business, real estate, economics, or a related field from an accredited institution is preferred
Two or more years of experience in real estate finance
Attention to detail and strong creative problem-solving skills
Proficiency in Excel and financial modelling skills
Strong organizational, time-management and project management skills to effectively track, report and manage multiple projects and priorities where meeting deadlines is critical
Excellent interpersonal and relationship-management skills in order to establish, cultivate, and maintain productive relationships with brokers, institutional and equity partners, owners, lenders, and the variety of potential clients with whom Greystar does business
Professional presentation skills and public speaking ability
Benefits
Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
401(k) with Company Match up to 6% of pay after 6 months of service.
Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
Employee Assistance Program.
Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
Charitable giving program and benefits.
Benefits offered for full-time employees.
Company
Greystar
Greystar’s vertically integrated platform leverages extensive local market knowledge to deliver projects that reflect our remarkable commitment to quality.
5001-10000 employees
H1B Sponsorship
Greystar has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (13)
2024 (11)
2023 (7)
2022 (14)
2021 (9)
2020 (5)
Funding
Current Stage
Late StageCompany data provided by crunchbase