Senior Associate (Asset Management)
full-time•San Francisco•$100k - $150k
About this role
Our SelectLeaders client has been a leader in multifamily real estate investments, with a steadfast commitment to our investors and the communities we serve. Their mission is to invest with the highest standards to create a more enduring real estate community.
Their portfolio includes over 21,000 units across 16 states, and they continue to grow through strategic acquisitions and innovative investment solutions. They offer tax- efficient investment opportunities, including 1031 exchanges, that provide investors with portfolio diversification, liquidity, and reliable income streams.
The Senior Associate – Asset Management reports to the Managing Director and serves as a primary driver of portfolio performance across all multifamily investments. Acting as a strategic hub, this role integrates property management execution, financial modeling, and investor reporting to maximize Net Operating Income (NOI) and asset value. The Senior Associate is responsible for developing and executing asset-level business plans for a designated portfolio, ensuring all operational and capital decisions align with the long-term investment objectives.
\n- Portfolio Strategy and Oversight:
- Responsible for asset strategy for assigned multifamily portfolio (~3,500 units).
- Partner with property management to execute business plans, budgets, and capital projects.
- Monitor performance and drive NOI growth through revenue optimization and expense control
- Investor & Stakeholder Communications
- Develop, maintain, and drive strong relationships with key stakeholders that include both internal (leadership and team members) and external partners (institutional and individual investors, property managers, brokers, lenders, and service providers)
- Review materials for internal & external stakeholders ➢ Communicate asset performance, strategic direction, and value-add initiatives
- Must have the ability to work well with internal stakeholders as well as external stakeholders including institutional and individual investors, lenders and third party vendors
- Negotiate service contracts (cable/laundry/etc.) on behalf of owner with third party providers
- Financial & Operational Analysis
- Prepare and maintain various financial models to analyze leasing, refinancing, hold/sell, and drive data-based capital decisions.
- Conduct routine valuations, market comps, and sensitivity analyses.
- Review and analyze monthly cash flows
- Prepare monthly/quarterly reporting, operating statements, and variance analyses.
- Quarterly property valuations, including preferred return & residual multiple with an awareness of sale comps and market cap rates.
- Participate and support in hold, sell / refi analysis; responsible to ensure P&L trend is maximized prior to sale; identify value add opportunities for new buyers.
- Market Research & Business Intelligence
- Track and report on multifamily market trends, rent growth, operating expenses, tenant demand, and competitive dynamics.
- Provide data-driven recommendations on pricing, leasing, amenities, and capital deployment.
- Contribute to initiatives that enhance portfolio performance
- Travel
- Willingness and ability to travel 15-20% of the time to support regional asset management initiatives Other Responsibilities
- All other duties as assigned by your manager
- Minimum 3-5+ years in multifamily or commercial real estate investment analysis, asset management, operations, or acquisitions
- Strong financial modeling skills and experience with Excel, Yardi, Vena, Power BI (or similar tools)
- Excellent research, analytical and problem-solving skills
- Excellent organizational, interpersonal, writing and communication skills
- Self-motivated, team oriented and strong time management skills to prioritize deadlines
- Ability to work independently and collaboratively in a professional environment.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint)
- Proficiency in MSFT Office Dynamics
- Education and/or Training
- Bachelor’s degree or equivalent experience, preferably in real estate, business, finance, economics , or other related field
$100,000 - $150,000 a year
➢ 401(k) plan with company matching
➢ Medical, dental, and vision insurance
➢ Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA)
➢ Employer-paid Life and AD&D insurance
➢ Employee Assistance Program (EAP)
➢ Additional perks and wellness benefits
\nWhat you'll do
- The Senior Associate is responsible for driving portfolio performance across multifamily investments by integrating property management execution, financial modeling, and investor reporting. This role involves developing and executing asset-level business plans to maximize Net Operating Income and asset value.
About Bisnow
Our mission is to inform, connect and advance the commercial real estate community to do more business. We aspire to be the most data-driven and humanizing digital media, live events and intelligence platform in the galaxy — and through this effort, drive the industry to greater heights.
Bisnow hosts 340+ events a year that are attended by over 75,000 people, 2,000 sponsors and hundreds of speakers. We also publish newsletters and morning briefs that reach more than 1.5 million CRE executives.
Upcoming Events: https://www.bisnow.com/events
CRE News: https://www.bisnow.com/
Career Opportunities: https://www.bisnow.com/careers
Check us out on Glassdoor: https://www.glassdoor.com/Overview/Working-at-Bisnow-EI_IE358093.11,17.htm
Ready to join Bisnow?
Take the next step in your career journey
Frequently Asked Questions
What does Bisnow pay for a Senior Associate (Asset Management)?
Bisnow offers a competitive compensation package for the Senior Associate (Asset Management) role. The salary range is USD 100k - 150k per year. Apply through Clera to learn more about the full compensation details.
What does a Senior Associate (Asset Management) do at Bisnow?
As a Senior Associate (Asset Management) at Bisnow, you will: the Senior Associate is responsible for driving portfolio performance across multifamily investments by integrating property management execution, financial modeling, and investor reporting. This role involves developing and executing asset-level business plans to maximize Net Operating Income and asset value..
Is the Senior Associate (Asset Management) position at Bisnow remote?
The Senior Associate (Asset Management) position at Bisnow is based in San Francisco, United States. Contact the company through Clera for specific work arrangement details.
How do I apply for the Senior Associate (Asset Management) position at Bisnow?
You can apply for the Senior Associate (Asset Management) position at Bisnowdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.