Asset Management Associate

Birgo Realty; Pittsburgh (Allegheny County); Hybrid; USD 90,000 - 105,000; Full time

Job summary

Birgo Realty seeks an Asset Management Associate to enhance property performance, supporting its mission of improving lives through real estate. The successful candidate will engage in budget management, property performance tracking, and maintain relationships with financing institutions, providing opportunities for professional growth in a collaborative and entrepreneurial environment.

Benefits

Medical, dental, vision, life, and pet insurance

Flexible paid time off and paid holidays

401(k) retirement plan with employer match

Company profit-sharing program

Professional development reimbursement program

Healthy lifestyle reimbursement program

Discounted rates at Birgo Properties

Qualifications

• 2-5 years of experience as an investment analyst or related field.
• Solid working knowledge of real estate investment fundamentals.

Responsibilities

• Collaborate with Asset Management and Property Management to develop and update budgets.
• Maintain fund-level cash flow models and property performance reporting.

Skills

Analytical skills

Problem-solving skills

Financial modeling skills

Written communication

Verbal communication

Prioritization skills

Multitasking ability

Decision-making

Education

Bachelor’s degree in finance, accounting, or business administration

Tools

Excel

Job description

Job Summary

Birgo Capital is a mission-driven, vertically integrated real estate firm with over $300 million in multifamily assets under management. Birgo is seeking an Asset Management Associate based in the Pittsburgh or Buffalo area to enhance property performance in ways that both support our mission of improving lives through real estate and contribute to our continued growth.

Birgo’s Values

• Teamwork:We leverage one another's strengths to achieve more together.


• Humility: We admit our faults and strive to continuously improve.


• Rhinocerality: We charge hard after our highest priorities.


• Integrity: We do the right thing, even when it is costly.


• Vision: We innovate and adapt to improve lives.


• Excellence: We are dependable and accountable to produce quality results.

Core Responsibilities

• Collaborate with Asset Management and Property Management teams to develop, update, and re-forecast budgets


• Maintain fund-level cash flow models


• Track property-level projects and initiatives


• Lead transition from Acquisitions to Property Management by establishing initial budgets and aligning financial targets with operating plans


• Maintain property performance reporting and dashboards


• Provide meaningful variance analysis and develop metrics that drive performance


• Support Property Management in building financial literacy and applying insights


• Evaluate and propose market rents based on comp research and market analysis


• Support relationships with banks and various lending institutions or insurers


• Compile data and produce written research summaries


• Manage REO schedules and maintain organized, audit-ready records


• Assist with compliance reporting, tax-related documentation, and recovery of debt reserves


• Other duties as assigned to help Birgo improve lives through real estate

Successful Candidate Profile

Knowledge and Experience

• 2-5 years of experience as an investment analyst (or related field)


• Solid working knowledge of real estate investment fundamentals


• Bachelor’s degree in finance, accounting, or business administration (preferred)

Skills

• Strong analytical and problem-solving skills


• Strong financial modeling skills


• Excellent written and verbal communication skills


• Ability to work effectively under pressure


• Strong prioritization and planning skills with the ability to multitask


• Proficient in making decisions in a rapidly changing environment


• Proficient in Excel

Work Style

• Servant leader


• Quantitative orientation


• Works effectively under pressure


• Strong attention to detail with the ability to make informed, data-driven recommendations


• Capacity to work independently and collaboratively


• Team player who can work autonomously with general supervision


• Self-assured with a sense of urgency for achieving desired results in multiple, simultaneous projects

Other Requirements

• Able to use a computer for a full workday


• Eligible for Work From Home with the expectation of attending in-person meetings in Pittsburgh or Buffalo 1-3 days per week

Benefits

• Medical, dental, vision, life, and pet insurance with company contribution


• Flexible paid time off and paid holidays


• 401(k) retirement plan with employer match


• Company profit-sharing program


• Team outings and volunteer events


• Professional development reimbursement program


• Healthy lifestyle reimbursement program


• Discounted rates at Birgo Properties

More About Birgo

Birgo Realty offers an exciting start-up environment, characterized by fast growth and an entrepreneurial spirit. We take care of our hardworking team by providing opportunities for professional growth, paying attention to holistic staff needs, and celebrating life together. Birgo Realty values diversity in our staff and seeks to enhance the diversity of our team at every opportunity.

Approximate Salary Range: $90,000-$105,000