BridgeRock Capital Holdings, Inc. (“BridgeRock”) is a privately held commercial real estate investment and asset management firm based in New York City. The firm has completed more than $6 billion in commercial real estate debt and equity transactions and has worked out approximately $5 billion in commercial real estate loans. BridgeRock currently manages approximately $2 billion in assets.
At BridgeRock, we value attention to detail, accountability, and effectiveness. In this role, you will gain exposure to large-scale investment opportunities and complex workout projects while working closely with senior management.
Job Description
BridgeRock is seeking a detail-oriented Asset Management Associate to support the monitoring and administration of a portfolio of commercial real estate investments. The role will assist with portfolio reporting, budget review, payment and cash management tracking, and coordination with borrowers, servicers, lenders, and other counterparties. The Associate will also provide executive and office support, including calendar and meeting coordination, travel arrangements, and routine office administration.
Key Responsibilites
- Collect, review for completeness, organize, and upload asset financial statements, rent rolls, budgets, and other operating materials to internal systems.
- Assist with monthly and quarterly asset reporting, budget-to-actual analysis, variance tracking, and preparation of portfolio updates.
- Maintain trackers for servicing fees, debt service, mortgage and mezzanine interest, ground rent, reserve balances, and other payment or cash management obligations.
- Prepare invoices and payment support; coordinate wire forms and payment processing in accordance with internal approval controls.
- Follow up with borrowers, property managers, hotel operators, servicers, lenders, accountants, and other counterparties for financial information and outstanding items.
- Coordinate recurring asset calls, including hotel performance calls; prepare materials, record key takeaways, and track follow-up actions.
- Monitor reporting calendars, loan and asset deadlines, and open items; flag missing information, delays, and potential issues to the asset management team.
- Maintain complete, accurate, and well-organized electronic asset files.
Qualifications
- Bachelor’s degree in Finance, Accounting, Real Estate, Business, Economics, or a related field, or equivalent relevant experience.
- Internship or work experience in commercial real estate, asset management, real estate finance, loan servicing, property accounting, or a related field.
- Strong written and verbal communication skills in English.
- Proficiency in Microsoft Office, particularly Excel and PowerPoint.
- Basic understanding of financial statements, budgets, rent rolls, and property-level operating performance.
- Strong coordination skills, with the ability to organize information and follow up effectively with internal and external stakeholders.
- Strong attention to detail and the ability to manage recurring deadlines and multiple priorities.
Preferred Qualifications
- Experience with monthly or quarterly financial reporting, budget-to-actual analysis, servicing fees, debt service, reserve tracking, or cash management.
- Familiarity with mortgage or mezzanine loan reporting, loan documents, or communications with borrowers and servicers.
- Experience using real estate portfolio management or document management platforms; familiarity with ARGUS, CoStar, or similar real estate tools is a plus.