Senior Associate, Asset Management (Residential Investments)

Job description

Overview In this role, the Senior Associate, Asset Management will be assigned a specific set of priorities based on investor-partner relationships. They will be responsible for evaluating and directing the assigned properties' overall performance. The focus of this role is to help The RMR Group and its equity partners maximize the returns on its portfolio of multi-family real estate assets. Responsibilities: - Lead the preparation and implementation of property business plans to achieve or exceed each asset’s target returns. - Communicate effectively with equity partners on all business decisions. - Conduct comprehensive hold/sell financial analysis and asset re-underwritings. - Prepare quarterly portfolio valuation models. - Act as a bridge between the operations team and equity partners. - Identify value-creation opportunities and develop action plans to achieve desired results. - Spearhead the development of annual business plan strategy and operating budgets. - Perform financial monitoring and review operating budget variances. - Maintain close relationships and direct communication with investor partners/lenders. - Review & approve monthly/quarterly distributions with fund in...