Asset Management Associate

Spacecraft; Charlotte (NC); On-site; USD 55,000 - 90,000; Full time

Job summary

An established industry player is seeking a proactive Asset Management Associate to join their dynamic team in Charlotte. This role is pivotal in managing a growing portfolio of multifamily and retail assets, blending analytical skills with hands-on management. You will engage with financial analysis, optimize operations, and contribute to a culture of creativity and collaboration. If you are driven by entrepreneurial spirit and have a passion for real estate, this opportunity offers the chance to make a meaningful impact while working in a supportive environment. Join a company that values innovation and teamwork, and help shape sustainable neighborhoods.

Benefits

Project-based bonuses

Flexible start date

Team offsites twice annually

Occasional events and conferences

Qualifications

• Experience in financial analysis or relevant skills is required.
• Strong project management skills with competing demands.
• Ability to analyze interconnected data sets effectively.

Responsibilities

• Support the Asset Management & Retail Manager in overseeing assets.
• Manage lender compliance and collaborate with finance teams.
• Conduct portfolio tours and support capital markets activities.

Skills

Project Management

Financial Analysis

Data Analysis

Communication Skills

Problem Solving

Team Collaboration

Entrepreneurial Mindset

Attention to Detail

Education

Undergraduate Degree

Master's Degree (preferred)

Job description

We are seeking a do-er to help manage our growing portfolio of multifamily and retail assets. Our ideal candidate balances analytical prowess and attention to detail with an excitement for engaging with the tactical issues of an operating real estate portfolio. As part of a small team, the candidate must take radical responsibility for their scope of work and showcase entrepreneurial initiative.

About You

• Proven track record of effectively managing projects with competing demands and deadlines
• Experience with and enthusiasm for analyzing interconnected data sets
• Strong attention to detail, with the ability to anticipate questions and be prepared with data-based answers
• Willingness to think outside the box and generate creative solutions within financial, time, or other constraints
• Excitement to engage with on-the-ground issues across an operating portfolio of buildings
• Strong communication skills – both verbal and written
• Collaborate well with others and value teamwork as an essential part of success
• Entrepreneurial, with a desire for both ownership and accountability
• Systems-oriented, with a willingness to learn existing and build new systems to scale the impact of your work
• Possess the confidence to offer opinions without complete information and the humility to change opinions with new data
• Desire to contribute to a culture that is inclusive, fun, engaged, and curious
• Interest in real estate, finance, urbanism, and/or sustainability

Qualifications

• Demonstrated experience in financial analysis, accounting, or other relevant skills is required — real estate and/or asset management experience is preferred, but not required
• Undergraduate degree is required, with a master’s degree and/or relevant fields of study viewed favorably
• Experience with management of multiple projects or workstreams viewed favorably
• Entrepreneurial experiences and a track record of deploying innovations viewed favorably
• Alignment with Space Craft’s mission to build walkable neighborhoods and sustainable buildings is essential

The Role

The Asset Management Associate will support the Asset Management & Retail Manager in overseeing, optimizing, and improving Space Craft’s operating portfolio of multifamily and retail assets. With ~500 apartments open now and 1,000+ expected to open over the coming years, the Asset Management Associate will help grow the AM team, a critical function for Space Craft’s success. This role offers a unique opportunity to mix financial analysis and forecasting with on-the-ground management, allowing the Associate to understand the full lifecycle of asset management.

Portfolio Reporting, Budgeting, and Forecasting

• Review weekly/monthly reporting from Property Manager and amenity partners
• Update all internal dashboards: residential performance, price changes, comps, NOI, mobility service performance, short-term rental performance, etc. Recommend additional dashboards and/or tools to evaluate and improve portfolio performance.
• Support monthly review of financial statements and budget to actual analysis
• Support NOI forecasting

Finance Operations

• Manage lender compliance, proactively collaborating with other teams to collect all necessary info in a timely way to meet deadlines
• Collaborate with Finance team on accounts payable for expenses related to operating portfolio
• Support management of property bank accounts
• Coordinate across teams to process mail and manage utility bills, permit fee payments, and miscellaneous transactions with the city

Portfolio Oversight and Market Knowledge

• Regularly walk all assets to review condition. Identify areas for improvement and potential ways to improve the resident experience
• “Secret shop” comps, share findings with team, and recommend improvements to our portfolio
• Identify CapEx needs, analyze CapEx requests, and approve/reject CapEx spending for onsite fixes or improvements
• Informally check in with Property Management team members to assess performance and pick up insights to share with team

Portfolio Tours and Capital Markets Support

• Lead portfolio/property tours for investors visiting Charlotte/Durham, including coordination with Property Manager to identify tour paths and pull all relevant info for units on tour path
• Tour brokers and/or development partners around portfolio to inform underwriting, pricing, and other exercises helpful to the team
• Support Asset Management / Finance / Legal teams with (re)financing closings by collecting information, gathering documents, and analyzing data related to our operating portfolio

Building Handover and Opening

• Collaborate with the Development team to work through the pre-opening procedures and ensure a successful handover of new buildings from the GC to the Property Manager
• Join OACs (Owner-Architect-Contractor meetings) in the months before building opening to advocate for leasing/operational needs and support building handover
• Regularly walk buildings nearing completion to identify and raise issues that might impact leasing or operations
• Support Development team with design decisions and trade-offs that have an impact on building operations and/or resident experience

Retail

• Join retail broker tours with prospective retail tenants to represent Space Craft
• Support coordination with retail broker to lease retail spaces
• Support retail construction manager with on-the-ground coordination with retail tenants building out their spaces in our portfolio
• Proactively cultivate relationships with retail tenants to get feedback and boost their business

Short-term Rentals

• Manage a small portfolio of short-term rental units across our properties
• Identify ways and/or build systems to expand portfolio

Personal & Team Growth

We want you to be in sync with the broader company and understand the big picture behind our development projects. Reserve time to connect with teammates, find mentors, and contribute ideas that improve our developments and the company.

Reading, learning, finding inspiration, and participating in professional organizations outside of work is part of the company culture. Do what you need to do to stay creative.

Location

Charlotte, NC

• Travel occasionally to other Space Craft offices for in-person time with teammates
• Gather for team offsites twice annually
• Attend occasional events and conferences

Start Date (Flexible)

Spring 2025

Compensation

• Competitive and commensurate with experience
• Project-based bonuses (after an initial trial period)

Thanks for your interest!
We'll be in touch.