Asset Management Division, Real Estate, Asset Management, Students/Seniors/Multifamily/Hotel, Associate, Dallas Full Time

Goldman Sachs Asset Management Real Estate seeks an Associate for its Residential platform with 3-5 years of direct asset management experience with strong communication skills and work ethic, with the ability to collaborate with an internal team and external business partners.

• Support senior members of the team in operating and reporting on their portfolios
• Manage a portfolio of 5-10 assets
• Develop asset strategy, including financial and asset performance data, in conjunction with the regional team leader, investing division and operating partner
• Prepare business plans, maintaining internal asset valuation models, weekly/monthly/quarterly reporting, oversight of third party service providers, capital plan oversight, business plan execution and disposition of assets
• Support asset disposition efforts including: contract negotiation, writing investment committee memorandums, presenting to investment committee, finalizing disposition models, calculating waterfall returns, transaction management and closing
• Support execution of asset strategies to maximize value through market / product knowledge and value-add strategies
• Engage and provide oversight of third parties which perform the day-to-day operations of the assets, including, but not limited to operating partners and property management companies, conduct weekly / monthly calls and asset visits
• Work closely with internal stakeholders such as Finance, Compliance and Legal
• Provide mentorship to junior members of the team

QUALIFICATIONS

• Strong academic background – finance, real estate, accounting or math background preferred
• Minimum 3+ years of real estate experience with asset management experience in senior housing / residential estate product types
• Solid modeling skills, analytical / logical mindset and high attention to detail
• Strong written and verbal communication skills (clear, concise, and confident) with the ability to present business decisions clearly and concisely, manage internal and external relationships
• Must know MS Office Excel and Argus to an advanced level
• Self-motivated
• Ability to work both autonomously and in a team setting

Source: Goldman Sachs Career Page

Tagged as: Investment Bank, REPE Firm