Asset Management Analyst

Eastman Residential; New York (NY); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading real estate investment firm in New York is seeking an Asset Management Analyst to manage and optimize their multifamily portfolio. The role involves financial modeling, budget management, and strategic execution to enhance asset performance. Ideal candidates will thrive in a fast-paced environment and have a strong understanding of multifamily operations. This full-time position offers significant growth opportunities and requires onsite presence in New York City.

Benefits

Performance-based incentives

Profit participation

Qualifications

• Minimum of 2 years of asset management experience in multifamily real estate.
• Strong proficiency in financial modeling and budget management.

Responsibilities

• Oversee performance of multifamily portfolio and optimize asset value.
• Develop business plans, budgets, and forecasts.

Skills

Financial Modeling

Budget Management

Analytical Skills

Problem Solving

Communication

Tools

Microsoft Excel

Yardi

RealPage

Entrata

Job description

Get AI-powered advice on this job and more exclusive features.

Note: Eastman Residential is hiring an Asset Management Analyst. Compensation will vary based on candidate experience and 2+ years of multifamily experience is required.

Eastman Residential is a data-driven real estate investment firm focused on developing, acquiring, and repositioning rental housing across the US. Eastman Residential is the multifamily arm of Eastman Companies.

Eastman Companies is a full-service real estate firm focused on managing, acquiring, developing, and redeveloping high-quality real estate. Eastman has been in business for over 45 years and is recognized as a leader in high-quality real estate developments. Eastman Companies presently owns, manages, and has developed more than 5 million square feet of commercial, retail, industrial, and multifamily properties.

Role Overview:

We are seeking a detail-oriented and analytical Asset Management Analyst to oversee the performance of our multifamily portfolio. This role requires expertise in financial modeling, budget management, and strategic decision-making to optimize asset value. You will collaborate with internal and external stakeholders, monitor property performance, and drive business plan execution in a fast-paced, entrepreneurial environment. Ideal candidates will have a strong understanding of multifamily operations, problem-solving skills, and the ability to thrive under pressure. This position offers significant growth opportunities for those eager to take ownership and make an impact.

Key Responsibilities:

Financial & Budget Management

• Develop and present business plans, budgets, and forecasts.
• Continuously monitor property budgets, rent collections, cash flow, and perform variance analysis.
• Provide financial modeling and analysis for lease economics, expense recovery, and capital projects.
• Prepare and distribute reports for lenders and capital partners, ensuring compliance with loan and partnership agreements.
• Assist in securing property financing and preparing approval requests for leasing and capital projects.

Property Performance & Strategic Execution

• Analyze property-level data (e.g., rent rolls, leasing reports, operating statements) from platforms like Yardi, RealPage, and Entrata.
• Work closely with third-party property managers to oversee property operations and execute business plans.
• Track portfolio performance, identify trends, and recommend strategic adjustments.
• Support acquisition underwriting by reviewing financial assumptions, budgets, and market data.

Stakeholder & Relationship Management

• Manage reporting and communication with internal teams, capital partners, lenders, and other key investment stakeholders.
• Ensure alignment of financial and operational goals through clear and timely updates.
• Support investment team efforts through market research, due diligence, and investment memorandum preparation.

Capital Projects & Repositioning

• Oversee construction projects, including budget tracking, capital draws, vendor coordination, and onsite oversight.
• Manage the bidding process, ensuring competitive pricing and alignment with project goals.
• Implement the scope of the business plan, coordinating project schedules and execution.
• Support the development and execution of asset repositioning plans, collaborating with architects, contractors, and consultants.

Reporting & Data Analytics

• Provide analytical support for portfolio metrics, loan performance, forecasting, and investment return analysis.
• Maintain tracking tools for investment returns, leasing, and capital project performance.
• Deliver periodic and ad-hoc reports to inform decision-making and enhance asset performance.

Qualifications:

You're an ideal fit if:

• Minimum of 2 years of asset management experience in the multifamily real estate sector.
• Strong proficiency in financial modeling, Microsoft Excel, and real estate software (e.g., Yardi, RealPage, Entrata).
• Expertise in budget management, forecasting, variance analysis, and capital project oversight.
• Strong analytical, quantitative, and problem-solving skills, with keen attention to detail.
• Ability to work effectively in an entrepreneurial, fast-paced environment.
• Excellent written and verbal communication skills, with the ability to engage and manage relationships with internal and external stakeholders.
• Self-motivated, organized, and able to prioritize and manage multiple projects simultaneously.
• Experience with construction management and capital project bidding is a plus.
• Knowledge of real estate financing and compliance requirements is desirable.

Compensation:

• Top quartile base salary + performance-based incentives.
• Access to profit participation.

Other Important Notes:

• Full-time position with a commitment to achieving impactful results. We value quality work and dedication, and our team thrives in a dynamic, fast-paced environment.
• The position is onsite and based in the New York City Metro area.
• Periodic travel across the U.S. will be required approximately 20-30% of the time.

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Finance and Sales

Referrals increase your chances of interviewing at Eastman Residential by 2x

Get notified about new Asset Management Analyst jobs in New York, NY.