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The Analyst, Asset Manager will be an integral part of the Asset Management Team (“AM Team”) responsible for executing the business plan for a portfolio of affordable multi-family assets owned by Related Affordable. This role will support the Vice President – Asset Management in various tasks related to assessing market conditions, operations, property conditions, staffing, compliance, capital expenditures; and rent collection, leasing opportunities with property management for each property within the portfolio. The Analyst, Asset Manager will report to the Vice President – Asset Management and work closely with the Portfolio Management Team. This position will be onsite five days a week at our Dallas office.
Core responsibilities may include, but are not limited to the following:
- Asset manage a portfolio of approximately 40 assets
- Work closely with the Portfolio Management Team (NOI procurement) to contribute to standard reporting packages, such as budget variance reports and site inspection reports
- Conduct periodic inspections of all assets in designated portfolio with particular attention to any troubled assets
- Assist in identifying and escalating significant issues to the Vice President – Asset Management and the Portfolio Management Team
- Attend weekly asset management calls to learn and contribute to discussions on best practices
- Participate in regular portfolio management meetings that are relevant to assigned properties
- Contribute to the annual property budgeting process for assigned properties
- Monthly operations review of portfolio and presenting monthly watch list for applicable assets
- Collaborate with the Portfolio Management Team to update property database
- Assist the Portfolio Management Team to maximize Section 8 contract rents for the sub-portfolio
- Support budget-based rent increase requests as needed
- Collaborate with the Portfolio Management to review operations, procedures, and spending to identify opportunities for implementing best practices
Source: Related’s Career Page
