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Fairstead · 2 days ago

Associate, Portfolio Management

Delray Beach, Florida, United States

Full-time

Hybrid

Mid Level

3+ years exp

Fairstead is a purpose-driven real estate firm dedicated to building sustainable communities across the country. They are seeking an Associate, Portfolio Management to analyze property-level financials and support strategies that enhance asset value and drive long-term returns.

ConstructionReal Estate

Responsibilities

Conduct thorough financial analysis, including cash flow projections, budgeting, and financial modeling to evaluate the performance and potential of each property

Create and manage asset-level business plans including execution of identified initiatives throughout the calendar year

Work closely with affiliated management company to devise and carry out property strategies and business plans for each property, including site visits

Assist with communications and reporting with lenders, investors, and third-party owners

Complete RFPs and other tasks related to third party property management opportunities

Responsible for the portfolio roll-out and operations of ancillary business ventures

Review asset performance to identify revenue opportunities and expense saving projects across Fairstead’s portfolio

Work with compliance department to ensure properties are in good standing

Prepare ad hoc internal performance reports and updates for senior management, investment, and other stakeholders

Present investment strategies, financial analyses, and portfolio performance in a clear and concise manner

Maintain strong relationships with internal and external stakeholders, including investors, lenders, property management teams and outside brokers

Assist with making recommendations for refinancing, disposition, or other capital events to achieve determined financial milestones or outcomes

Qualification

Real estate experienceAsset managementFinancial modelingLow-Income Housing Tax CreditYardi experienceRealPage experienceAnalytical skillsOrganizedCommunicationProject managementTeam-oriented