Associate, Asset Management

The Asset Management Associate contributes to the execution of strategies that drive the financial and operational performance of Greystar's owned assets, assists in the communication of owned asset performance to Portfolio Management and the Investment Committee, and works consistently with Operations to support daily operations of the business. Prior student housing is preferred.

JOB DESCRIPTION

• Conducts financial and valuation analysis, including the creation of detailed pro-forma and Excel based financial models, to monitor and enhance the performance of Greystar's portfolio of owned assets.
• Gathers, compiles, investigates, and analyzes market data to identify market trends, and prepares narrative memoranda, detailed analyses, and financial summaries that provide insights on trends affecting property performance.
• Collaborates on detailed performance update presentations for Portfolio Management and Investment Committee on the owned asset portfolios.
• Creates investment committee memos for disposition candidates, as well as financing or capital requests.
• 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 transactions.
• Organizes and/or leads the disposition process by working closely with Regional Investment Management teams, Portfolio Management, and regional transaction brokers to facilitate the sale of assets identified for disposition.
• Monitors and reports on the status and progress of sales transactions and new product deliveries within the assigned geographic region.
• Works with internal teams and external parties to implement process improvements that target increased revenue, reduced operating expenses, promote efficiencies, and enhance the overall performance of the asset(s).
• Provides support and assistance to key business leaders and others by fielding questions and requests and gathering data and reports.
• Regularly performs various functions associated with supporting daily operations of the business, including the monitoring, reporting and proactive problem solving of issues that arise at assets within the assigned geographic region.
• Coordinates with consultants related to real estate tax protests and other third party work.
• Assists with the preparation of annual asset level business plans including thorough review of operating budgets, market analysis, real estate tax forecast and disposition strategy.