Asset Management Associate

KK&P; Denver (CO); On-site; USD 125,000 - 145,000; Full time

Benefits offered by this job

Short-term disability

Long-term disability

Paid holidays

Paid time off

Job summary

Urban Villages Inc. (UVI) is seeking an Asset Management Associate to support financial management of a diverse real estate portfolio, including building proforma models, property performance reviews, market research, and transaction coordination.

The role requires advanced Excel and Argus skills, strong written/spoken communication, and an entrepreneurial, highly organized mindset. Report to the Vice President of Asset Management in a Denver-based team.

Qualifications

• Bachelor's degree required in real estate, accounting, finance, or related field.
• 4 years of commercial real estate experience preferred.
• Strong understanding of real estate cash flow modeling and valuations.

Responsibilities

• Build/modify Argus and Excel-based cash flow and valuation models across asset classes.
• Support cash management, including forecasts, investor funding, and lender draws.
• Review property financials monthly with accounting team.

Skills

Financial modeling

Excel modeling

Argus

Analytical thinking

Communication

Organizational skills

Attention to detail

Education

Bachelor's degree in real estate, accounting, finance, or related field

Tools

Argus

Excel

Job description

Urban Villages Inc. (UVI) is a mission-driven real estate development and management company committed to creating sustainable and impactful properties. We believe in harmonizing planet with profit and delivering remarkable outcomes through innovative solutions. Our team thrives on being problem solvers and innovators, demanding rigor in all we do to deliver significant impact. As we continue to grow, we are looking for passionate individuals who share our commitment to these core principles.

UVI has acquired, developed, and managed over $3 billion in transformative mixed-use real estate assets in multiple markets. Our portfolio of projects includes the largest net zero housing project in the US (West Village at UC Davis), the revitalization of Denver’s original main street (Larimer Square), the first carbon-positive hotels in the US (Populus Denver and Populus Seattle), and one of the largest adaptive re-use LEED Platinum developments in the country (RailSpur Seattle). Today, Urban Villages has approximately $1B of mixed-use real estate assets under management and a $1.5B development pipeline, as well as 35+ full time employees in three separate offices (Denver, Pittsburgh, Seattle). Our projects are among the most environmentally transformative, socially responsible, and financially sustainable developments seen in the industry today.

Position Overview

The Asset Management Associate will assist the financial management of a diverse portfolio of investment real estate and development projects, and support buy/sell/finance transaction execution. Key responsibilities for this position include building and maintaining proforma financial models for both development and existing properties, review and reporting of property financial performance, market research, and transaction coordination. Attributes and capabilities that are critical to this position include: financial and analytical aptitude, advanced abilities with Excel and Argus, excellent written and verbal communication, well organized with strong attention to detail, desire to learn and grow, entrepreneurial mindset, independently motivated, and a strong sense of personal responsibility.This position reports to the Vice President of Asset Management.

Key Responsibilities

• Build and modify Argus models which can be translated into dynamic Excel-based cash flow and valuation models across multiple asset classes
• Support cash management processes, including cash forecasts/budget management, investor funding requests, and lender draw requests
• Review property financials monthly and coordinate with accounting team
• Analyze and synthesize reports from property management, accounting, and leasing
• Prepare executive-oriented investment reports and presentations
• Create and maintain a database of critical data for all assets (e.g., property demographics, debt details, valuation, budgeted/projected cash flow, etc.)
• Assist with annual property budget process; support updating of property business plans; prepare and review CAM reconciliations
• Assemble lender reporting packages to maintain compliance with loan covenants
• Support execution of acquisitions, dispositions, and financings, including compilation/review of diligence data rooms, coordination among attorneys, lenders, consultants, etc., and document management
• Conduct and compile ongoing market research; maintain deep knowledge of relevant markets, submarkets, and property comps

Qualifications

• Bachelor's degree in real estate, accounting, finance, or related field of study
• 4 years of related work experience in commercial real estate
• Preference for candidates with experience in hotel asset management
• Foundational understanding of commercial real estate and finance concepts
• Highly developed understanding of real estate cash flow modeling and valuations along with advanced abilities in Excel modeling and Argus
• Strong organizational skills with ability to prioritize and manage multiple tasks in a timely manner
• Excellent writing and strong verbal communication skills
• Absolute discreteness in receiving and handling sensitive information

Compensation for this role includes a base annual salary of $125,000 – $145,000. A discretionary bonus may be available based on performance. Urban Villages offers the benefits listed below to eligible employees:

• Short-term and long-term disability
• Paid holidays
• Paid time off

Equal Opportunity Employer

Denver-based Urban Villages is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.