Analyst/Associate - Asset Management
Job Description
Quad Property Group is seeking an experienced real estate professional with hands-on asset management (or related) experience to aid in the successful growth of our portfolio. Frequent visits to out-of-state properties will be required.
Applicants MUST have 1-3 years of real estate asset management or related experience.
Responsibilities:
- Visiting properties
- Building relationships with on-site management, regional management, contractors and vendors.
- Lead bi-weekly calls with property managers and regional managers.
- Assist in the implementation and ongoing execution of property business plans and ensure that management is charging the correct rents, RUBS, and miscellaneous fees on a weekly and monthly basis, while working to increase rents and maximize property NOI monthly.
- Develop and coordinate property-specific capex plans, working with on-site management, regional management and contractors to ensure projects are completed in a timely and cost-effective manner.
- Review the criteria for renewal offers with property managers.
- Update excel models and trackers on a daily, weekly, and monthly basis.
- Periodic review of property-level marketing materials, including websites, ILSs and print materials.
- Coordination of lender and insurance required repairs are completed in a timely fashion.
- Review financials each month to ensure income and expense items are meeting or exceeding projections, being coded correctly and / or identify solutions to correct deviations from projected figures.
- Complete and distribute financial reports for investors and lenders as necessary.
- Special projects, including collaboration with acquisitions, legal and investor relations, on an as-needed basis.
Desired Skills and Experience:
- 1-3 years of full-time real estate asset management or related experience.
- Advanced knowledge of Excel and PowerPoint.
- Extremely thorough, organized, and detail-oriented with a strong work ethic and commitment to meeting deadlines.
- Proven track record of successful asset management, including revenue enhancement, expense management, capex projects, marketing and lease-up programs, reputation management, etc.
- Proactive and diligent, with a strong work ethic and commitment to meeting deadlines.
- Effective communicator, able to set priorities, provide direction, motivate on-site personnel, and measure performance of selected construction and property management teams to successfully execute value add business plans.
- Experience with property management software such as Yardi.
- Ability to write and communicate in a highly professional, business manner.
Compensation: Base salary of $100K-$125K, commensurate with experience, plus discretionary bonus.
About Quad Property Group:
Quad Property Group is a real estate investment firm that specializes in the acquisition and asset management of value-add commercial properties throughout the Sunbelt, Midwest and Mid-Atlantic. To date, the company has acquired approximately 3,500 apartment units and recently launched an industrial division.
Selection will be based solely on merit and will be without discrimination because of , , , , , , marital status, or .
QUAD PROPERTY GROUP IS AN EQUAL OPPORTUNITY EMPLOYER.