Asset Management Analyst Multifamily Real Estate

About the Role

The role is based in New York, New York, and offers the opportunity to work with a dynamic and growing company that is committed to excellence in the multifamily sector. As an Asset Management Analyst, you will be part of a collaborative team that values innovation and creativity, and is passionate about delivering exceptional results.

Bluecore Residential is a privately owned real estate investment company with a strong track record of success in the multifamily sector. With a portfolio of over 16,000 units, the company is committed to delivering exceptional returns for its investors while maintaining a strong focus on social responsibility.

What You Will Do

• Prepare monthly and quarterly variance-to-budget analyses to identify areas for improvement
• Decompose variances into operational drivers, market conditions, and comparable property performance
• Maintain and enhance market comp sets to track submarket rent, occupancy, and concession data
• Partner with Property Management to identify performance gaps and track corrective action plans
• Build and maintain Excel models and reporting tools for budget-vs-actual tracking and trend analysis
• Extract and analyze property management system data to support recurring reporting and ad hoc analysis
• Analyze underwriting budgets and operating assumptions for multifamily assets
• Support investment reporting materials, including memos, return analysis, and scenario modeling
• Assist in due diligence processes, including review of third-party reports and financial data
• Support the annual budgeting process and build property-level operating budgets

What We Are Looking For

• Bachelor's degree in Finance, Economics, Accounting, Business, or a related field
• 1-4 years of experience in multifamily or commercial real estate, with a focus on asset management, property accounting, acquisitions, FP&A, or valuation/appraisal
• Strong financial modeling skills in Excel, including the ability to build and audit models
• Familiarity with multifamily operating statements and key metrics, including NOI, economic occupancy, trade-outs, and expense ratios
• Excellent analytical and problem-solving skills, with the ability to think critically and creatively
• Strong communication and interpersonal skills, with the ability to work effectively with cross-functional teams
• Ability to work in a fast-paced environment and prioritize multiple tasks and deadlines

Nice to Have

• Familiarity with AI tools, such as Claude or ChatGPT, and experience with process optimization
• Experience with data analytics and reporting tools, such as Tableau or Power BI
• Certification in a related field, such as the Certified Commercial Investment Member (CCIM) designation

Benefits and Perks

• Competitive salary and benefits package
• Opportunity to work with a dynamic and growing company in the multifamily sector
• Collaborative and supportive work environment with a focus on innovation and creativity
• Professional development opportunities, including training and education programs
• Flexible work arrangements, including remote work options
• Access to cutting-edge technology and tools, including data analytics and reporting software
• Recognition and reward programs, including bonuses and incentives for outstanding performance

• To stand out in this role, focus on developing strong financial modeling skills in Excel and familiarity with multifamily operating statements.
• Be prepared to explain your experience with data analytics and reporting tools, and how you have used them to drive business growth.
• Show a willingness to learn and adapt to new technologies and processes, including AI tools and process optimization.
• Highlight your ability to work effectively in a fast-paced environment and prioritize multiple tasks and deadlines.
• Emphasize your strong communication and interpersonal skills, and provide examples of how you have worked effectively with cross-functional teams.
• Consider obtaining a certification in a related field, such as the Certified Commercial Investment Member (CCIM) designation, to demonstrate your expertise and commitment to the industry.
• Be prepared to negotiate salary and benefits, and consider factors such as flexible work arrangements and professional development opportunities when evaluating the overall compensation package.