Asset Management Associate

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Full Time Corporate, Los Angeles, CA, US

5 days ago Requisition

Salary Range: $ To $ Annually

Associate / Sr. Associate, Multifamily Asset Management

Formed in 1992, Fifteen Group Capital LLC is a real estate private investment firm with offices in Miami, Florida and Los Angeles, California. We specialize in opportunity-driven, value-added acquisitions across multifamily, commercial, and mixed-use assets in Florida, Texas, California, and the broader Sunbelt. We are not a large institution — we are a lean, high-performing team of investment professionals who move quickly, think creatively, and build lasting value in markets where others see complexity.

Our multifamily portfolio extends across multiple states, and our Miami and Los Angeles teams sit at the center of our investment and asset management activity. If you are looking for a role with real responsibility, direct exposure to senior leadership, and a clear path to grow within a platform that is actively expanding.

We are looking for an Associate / Senior Associate, Multifamily Asset Management to join our Miami or Los Angeles office and take an active ownership role in the performance of our multifamily portfolio. This is not a back-office reporting role — you will be embedded in the business, reporting directly to regional leadership and working alongside firm principals on business plan execution, property performance monitoring, financial analysis, and value-creation strategy across a dynamic, growing portfolio.

You will own your assets, drive the analysis that informs our investment decisions, partner with property management on operational strategy, and support the acquisitions team on new investments. If you are self-motivated, highly analytical, and want to work in an entrepreneurial environment where your contributions are visible and rewarded, we want to hear from you.

• Support the development and execution of asset-level business plans — capital budgets, operational strategy, and value-creation initiatives — across your assigned portfolio.
• Track multi-layered business plan progress across finance, property management, and capital improvement work streams, identifying issues and opportunities and bringing recommendations to senior leadership.
• Monitor property performance against underwriting assumptions and budget, building the analysis that drives strategic decisions.
• Support hold/sell analysis and disposition strategy for portfolio assets approaching the end of their
• Forecast future cash flows, distributions, and returns for assigned assets using dynamic financial models.
• Own budgeting, forecasting, and variance analysis for your portfolio — identify deviations, understand the drivers, and present clear recommendations.
• Prepare monthly and quarterly financial reports, NOI analyses, and KPI dashboards for regional leadership and firm principals.
• Analyze leasing performance, loss-to-lease capture, rent growth, and market positioning — then translate findings into actionable strategy.

• Work directly with third-party property management teams to implement operational strategies, push performance, and resolve issues impacting NOI.
• Monitor occupancy, leasing velocity, renewal rates, and expense management across your assets relative to budget and market benchmarks.
• Travel regularly to portfolio properties to conduct site visits, meet with management teams, and assess asset performance firsthand.

• Coordinate with the Director of Multifamily Capital Projects on renovation programs, capital improvement scopes, and repositioning initiatives.
• Track capital project budgets and timelines against underwriting assumptions and flag variances early.

• Assist the acquisitions team with underwriting, due diligence, and operational assumption development for new investment opportunities.
• Support onboarding and transition of newly…