QuadReal Property Group · 2 weeks ago
Associate, Asset Management, Residential
New York, United States
Full-time
Onsite
Mid Level
$120K/yr - $135K/yr
3+ years expQuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. The Associate, Asset Management, Residential will support multifamily assets by developing and executing asset strategy plans to enhance value and increase returns, while collaborating with various teams and senior leadership.
Commercial Real EstateProperty ManagementReal EstateReal Estate Investment
Responsibilities
Lead the development and execution of comprehensive asset strategies including leasing, operating & capital budgeting, property improvements, risk management, and hold/sell analysis
Work closely with third-party property managers and partners to oversee leasing and marketing strategy, operating expense management and capital needs of the property
Oversee the annual budget process and internal analyst team
Analyze and compare current and historical financial reporting on key metrics against underwriting and budget
Aggregate asset-level data and prepare in conjunction with Portfolio Management, monthly, quarterly, and annual reporting for clients, senior management (as required)
Monitor property managers' performance for compliance with annual budgets and business plans, and prepare quarterly updates on asset performance, including progress on strategic initiatives
Assist in monitoring development and capex projects including closeout procedures with oversight by in-house development team
Prepare hold/sell analyses, and property performance updates, evaluate financing scenarios and other investment decisions in conjunction with the Investment team
Assist in furthering asset management initiatives to streamline and standardize operations, reporting, and key databases
Collaborate with the Investment teams in the due diligence process for new investments and asset dispositions regarding underwriting assumptions (market rent, rent growth, expenses, capital expenditures, etc.)
Liaise with research and investment teams to stay current on local market dynamics and understand its impact on how each asset is positioned in its respective market
Develop in-market relationships with service providers to understand each assets competitive positioning relative to rents, lease terms, vacancy, supply/demand fundamentals, and operating costs
Travel to assets to meet with onsite property management teams, brokers, and strategic partners
Qualification
Required
Education– bachelor's degree; preferably in Real Estate, Finance, Economics, Accounting or a related discipline with strong academic credentials and a passion for real estate. Master's degree in real estate or pursuit of additional coursework is a plus
Experience – Minimum 3+ years of asset management experience in the real estate industry. Demonstrated experience in analyzing complex investment issues and developing and executing investment strategies to achieve results and mitigate risk. Prior US multifamily residential asset management experience preferred
Analytical – Strong financial acumen with advanced modeling proficiency in Excel; detail-oriented and proficient in analyzing financial statements; Ability to analyze complex data across an array of disciplines to provide thoughtful recommendations
Communication – Excellent communication and presentation skills; demonstrate an ability to effectively communicate and present results that articulate key themes and messages to investment teams, asset managers, and joint venture partners
Organization – Must be able to allocate time effectively and work under pressure to meet tight deadlines, handle multiple demands and competing priorities, and adapt to new ideas and change. Comfortable following direction but also contributing to the direction
Software – Advanced in Excel, Word, PowerPoint, and Power BI. Proficient in Argus, Yardi, RealPage or other rent/leasing application preferred
Relationship – Must be extremely proactive and work well in a collaborative environment, with the ability to take guidance but then move projects forward independently
Values – Embrace and pro-actively support QuadReal's values and its culture of environmental sustainability and corporate and social responsibility
Preferred
Prior US multifamily residential asset management experience preferred
Proficient in Argus, Yardi, RealPage or other rent/leasing application preferred
Benefits
Performance-based incentive plan
Comprehensive health & dental benefits
Defined contribution pension plan
Paid time off
Company
QuadReal Property Group
QuadReal is a global real estate investment, development and operating company headquartered in Vancouver, Canada.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$639.68M2025-03-14Debt Financing· $350M
2024-07-31Debt Financing· $289.68M
2021-09-10Acquired
Leadership Team
Jameson Weber
Managing Director, Head of Americas
Recent News
Canada NewsWire
2025-12-10
2025-12-02
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