Manager Asset Management Full Time

The Role

AvalonBay Communities is hiring a Manager of Asset Management to support a portfolio of apartment communities across the Pacific Northwest. In this role, you’ll provide financial analysis, reporting, and operational support to drive property performance and long‑term value.

You’ll partner closely with teams across Investments, Development, Construction, Operations, Finance, and ESG to monitor performance, prepare analyses, and ensure smooth execution of asset management initiatives.

Financial Analysis & Reporting

• Prepare property‑ and portfolio‑level financial models and analyses (DCF, IRR, equity multiple, etc.)
• Develop and maintain 10‑year cash flow models, including sell/hold strategies, risk assessments, and value‑creation opportunities
• Lead Asset Strategy Reviews (ASRs), including SWOT discussions with business partners

Performance Tracking & Capital Planning

• Track and report on key property performance metrics and identify improvement opportunities
• Support the development of annual and long‑term capital plans
• Provide financial analysis for unit renovation programs and major capital initiatives
• Evaluate and recommend strategies to increase NOI, maximize cash flow, and enhance long‑term value

Market Research & Valuation

• Research market trends, demographics, and supply/demand dynamics
• Assist with property valuations and competitive benchmarking

Collaboration & Process Support

• Coordinate with HOA and third‑party partners, as well as internal teams, to share data and updates
• Support compliance with lender, zoning, and affordable housing requirements
• Help improve and streamline core asset management processes and tools

What We’re Looking For

Education

• Bachelor’s degree in Finance, Real Estate, or a related field

Experience

• 2–4 years of experience in real estate, asset management, or property management
• Multifamily experience preferred

Skills

• Strong financial and analytical skills with advanced Excel proficiency; valuation and underwriting experience a plus
• Ability to identify value‑creation opportunities and mitigate risk
• Clear written and verbal communication skills, including report and presentation development
• Strong attention to detail and organizational skills
• Collaborative mindset with willingness to learn new tools (Power BI or Tableau a plus)

Source: Avalon Bay Career Page

Tagged as: REIT