Manager, Asset Management Full Time

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

You will partner with internal teams across Investments, Development, Construction, Operations, Finance, and ESG to monitor performance, prepare analyses, and ensure smooth execution of asset management processes.

What You’ll Do

Financial Analysis & Reporting:

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

Performance Tracking & Capital Planning:

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

Market Research & Valuation:

• Conduct research on market trends, demographics, and supply/demand dynamics
• Assist with property valuations and benchmarking against competitors

Collaboration & Process Support:

• Coordinate with joint-venture partners and 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: BA/BS in Finance, Real Estate, or related field
• Experience: 2–4 years in real estate, asset management, or property management (multifamily experience preferred)
• Skills:
  • Strong financial and analytical skills with Excel proficiency. Experience in valuation and underwriting is a plus
  • Ability to identify value-creation opportunities and mitigate risk
  • Ability to prepare clear reports and presentations
  • Strong attention to detail and organizational skills
  • Collaborative mindset and willingness to learn new tools (Power BI/Tableau a plus)

Source: Avalon Bay Career Page

Tagged as: REIT