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The RMR Group · 2 days ago

Associate/Senior Associate, Asset Management (Residential Investments)

Denver, CO

Full-time

Onsite

Mid, Senior Level

$110K/yr - $130K/yr

3+ years exp

The RMR Group is a leading U.S. alternative asset management company focused on commercial real estate. The Associate/Senior Associate, Asset Management will evaluate and direct the performance of multi-family real estate assets to maximize returns for the company and its equity partners.

Asset ManagementReal EstateReal Estate Investment

Comp. & Benefits

Responsibilities

Lead the preparation and implementation of property business plans to achieve each asset’s target returns

Communicate effectively with equity partners on all business decisions

Act as a bridge between the operations team and equity partners

Identify value-creation opportunities and develop action plans to achieve desired results

Monitor property budget variances

Maintain close relationships and direct communication with investor partners/lenders

Prepare investor reports and distribute them through the Capital Markets team; respond to investor requests

Review monthly/quarterly distributions with investor partners

Work with the team to develop and report Business Intelligence reports

Manage annual property tax appeals

Assist with the transactions team for property acquisition, disposition, and refinance

Assist with ensuring compliance with the loan and joint venture covenants

Qualification

Commercial real estate experienceFinancial modelingYardi property managementJoint venture capital partnersFinancial concepts knowledgeProblem-solvingOrganizational skillsProject management skillsAttention to detailIndependent work ability

Required

3+ years of commercial real estate experience, preferably multifamily asset management for Associate, 4-6 years for Senior Associate

Understanding of general multifamily trends and individual property markets/submarkets

Experience working with joint venture capital partners

Knowledge of critical financial concepts, metrics, internal rates of return, cash-on-cash returns, etc

Proficiency with financial modeling; attention to detail

A creative, problem-solving approach

The ability to work independently and proactively

Strong organizational and project management skills

Yardi property management software experience

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life & Disability Insurance

Health Savings Account (HSA) & Flexible Spending Plans (FSA)

401(k) Plan with Employer Match

Holidays, Vacation & Sick Time

Parental Leave

Tuition Assistance

Matching Gift Program

Wide Array of Voluntary, Employee-Paid Benefits to choose from including Critical Illness & Accident Insurance, Identity Theft Protection & Pet Insurance