Asset Management Associate

Bonaventure is looking for an Asset Management, Associate to oversee its Bonaventure Multifamily Income Trust (“BMIT”) investments. This role is accountable for assisting in driving and creating value for our existing and growing portfolio of multifamily properties. You will be constantly evaluating our portfolio’s assets and their performance.

The base pay range for this position is $75,000.00/yr - $/yr. Your actual pay will be based on your skills and experience.

This role reports to BMIT’s Portfolio Manager and has a vital role in identifying and executing various strategies to maximize asset and portfolio value. This role works in close collaboration with the Capital Markets, Acquisitions, and Debt & Dispositions departments to execute investment management strategies and decisions.

• Support the investment management of all BMIT investments, driving alpha for the existing 18-property, ~$1.0bn GAV portfolio and all future investments.
• Support and execute comprehensive strategies to manage all properties to Peak Performance (identify and execute value-add strategies, identify operational efficiencies, maximize the value of each asset and ensure actions are executed by our Property Management).
• Monitor asset performance on a weekly, monthly, and quarterly basis by reviewing leasing and financial trends, holding calls with Property Management to discuss strategy, issue management, and planning.
• Review financial, operational, and market results for the portfolio vs. budget and historical performance.
• Assist with tax oversight, assist with insurance claims and legal issues, work with our Debt & Dispositions team on lender compliance items.
• Assist the acquisitions team in reviewing their underwriting to further validate performance assumptions.
• Discuss asset needs and assist in providing credit/equity recommendations.
• Assist with the annual budgeting and quarterly reforecasting process for existing and new assets.
• Regular use of Excel models to support and analyze decision making.
• A highly motivated self-starter who can work independently without planned support and is driven through intellectual curiosity with superior time management, prioritization and professional vertical and horizontal communication skills.
• Constant drive to improve performance.
• Ability to analyze large quantities of data and summarize relevant information.

Our ideal candidate will have 2-3+ years’ experience in multifamily investment management and preferably a business, finance, accounting or real estate degree. This individual will be passionate about real estate and the opportunity to work in a small team at a fast-paced, growing boutique company and team. Time management skill set will include the ability to work independently without significant, direct supervision and handle multiple projects simultaneously and prioritize as needed.

Bonaventure is an equal opportunities employer and welcomes applications from all qualified candidates.