Associate, Asset Management

Associate, Asset Management page is loaded## Associate, Asset Management locations:
City Office Newport, Newport Beach, CAtime type:
Full time posted on:
Posted Yesterday job requisition :
R0175591
** ABOUT GREYSTAR
** Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in more than 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over 1,000,000 units/beds globally.

Across its platforms, Greystar has nearly $79 billion of assets under management, including over $35 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit .
** JOB DESCRIPTION SUMMARY
** The Asset Management Associate drives the execution, development, and implementation of various strategies and programs that enhances financial and operational performance by synthesizing operational results and market data to identify opportunities to drive performance.
** JOB DESCRIPTION**##

KEY RESPONSIBILITIES:

* Conducts financial analysis of multifamily development assets, including the creating of detailed pro-forma and Excel based financial models. Gathers, complies, investigates, and analyzes market data to identify market trends, and prepares narrative memoranda, detailed reports, and market summaries that provide insights on property level and market trends.
* Collaborates on new investment committee memos, financing or disposition recommendations and updates on existing development assets.
* Establishes and maintains productive relationships with local market brokers, institutional and equity partners, lenders, regional property management and other key stakeholders, and appropriately manages on-going communications related to development transactions.
* Participates in developing documentation and recommendations on key findings that may affect the return and financial performance of the asset(s).
* Organizes and/or leads the disposition process including broker coordination and the due diligence or assets under contract. Performs valuation analysis and develops documentation and recommendations based on key findings that may affect the return and financial performance of the asset(s).
* Monitors and reports on the status and progress of sales transactions and new product deliveries within the assigned geographic region. Establishes critical timelines and deadlines for tasks and activities related to the proposed transaction and identifies and effectively addresses issues or problems that could otherwise adversely affect closing.
* Works with internal teams and external parties to implement process improvements that target increased revenue, reduced operating expenses, promote efficiencies, and promote the overall performance of the asset(s). Participate and/or lead evaluation of rent structures and leasing velocity.
* Provides support and assistance to key business leaders and others by fielding questions and requests and gathering data and reports.
* Performs various functions on a regular basis, including the monitoring, reporting and proactive problem solving of the asset(s) within the assigned geographic region.
* Coordinates with consultants related to real estate tax protests.
* Assists with the preparation of annual level business plans including review of operating budgets, market analysis, real estate tax forecast and disposition strategy.
* Completes various financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.
* Take an active role in group special projects including bi-annual portfolio revaluations as well as ad hock reporting requests.
* Prove peer training for new and existing analyst related…