Real Estate Asset Management Associate

New York Life; Atlanta (GA); Hybrid; USD 75,000 - 105,000; Full time

Benefits offered by this job

Leave programs

Adoption assistance

Student loan repayment programs

Job summary

New York Life Investment Management seeks an Asset Management Associate based in Atlanta to support asset managers on analytic, operational, and strategic tasks. You will assist with valuations, lease analysis, hold/sell analyses, and budgets, coordinating with third parties to drive accurate reports.

The role requires 1–3 years of investment analysis, a real estate/finance background, and strong Excel and Argus skills, with a mix of independent work and collaboration in a hybrid Atlanta

Qualifications

• 1–3 years of investment analysis experience in real estate or related field.
• Bachelor’s degree in real estate, urban planning, finance, or economics.
• Strong understanding of the commercial real estate market.
• Experience with varied transactions; JV experience a plus.
• Proficient in Excel and Argus/Argus Enterprise; strong analytical and communicati…
• Detail-oriented, able to meet deadlines, and work independently or with others.
• Familiar with multiple real estate markets and valuation work.

Responsibilities

• Support asset managers with lease analyses, hold/sell models, and valuations.
• Coordinate due diligence with market statistics and external consultants.
• Prepare quarterly and annual property valuations and analyses.
• Participate in calls with asset managers, brokers, and leasing agents.
• Review monthly financial reports from property managers and JV partners.
• Prepare investment committee memorandums and valuation models in Argus/Excel.
• Maintain current market data and manage external data sources.
• Limited travel to the Southeast region.

Skills

Investment analysis

Analytical skills

Communication skills

Attention to detail

Independent work

Team collaboration

Learning mindset

Deadline oriented

Real estate markets knowledge

Performance calculations

Education

Bachelor's degree in real estate, urban planning, finance, or economics

Tools

Excel

Argus Enterprise

Job description

Location Designation: Hybrid - 4 days per week

About New York Life Investment Management

With over $800 billion in assets under management, NYLIM is a Pensions & Investments' Top 30 Largest Money Manager and one of the largest global asset managers serving institutional, retail and insurance clients. NYLIM brings together the firm’s global investment teams under one unified brand, combining specialized expertise with the strength and stability of New York Life.

Our platform is built on disciplined active management, deep investment capabilities and a long‑term partnership approach designed to deliver enduring value across market cycles and help clients navigate the next era of investing.

More powerful, together, we combine the agility of specialized investment teams with the scale and longevity of a leading mutual institution.

NYL Investors LLC, a premier asset manager with $331 billion in assets under management, is a wholly owned subsidiary of New York Life Insurance Company, the largest mutual insurance company in the world. New York Life Real Estate Investors (“REI”) is a full service, fully integrated real estate enterprise with more than 170 professionals where the principal focus is the origination, underwriting, and investment in real estate related debt and equity products including commercial mortgage loans, real estate equity investments, commercial mortgage‑backed securities and unsecured REIT bonds. Through its home office located in New York City, and a regional field network with offices in Atlanta, Chicago, Dallas, and San Francisco, REI provides a local market presence and a national reach.

REI brings an unparalleled level of knowledge, strength, and accountability to the financing process and has become a trusted provider of real estate capital and investment management services, with a long and successful track record of helping clients achieve their financial goals and objectives. REI is staffed by experienced real estate professionals whose commitment to customer satisfaction is matched by their market acumen, integrity, and flexibility. The group’s vertically integrated, multi‑disciplinary team allows the delivery of the consistent service our borrowers and investors have come to expect.

With over $73 billion under management, and more than 170 real estate investment professionals investing in 40 states and 150 markets across the U.S., our team seeks the best opportunities wherever they may arise.

The Position:

The Asset Management Associate will be based in Atlanta and will report directly to a Senior Director and East Region Head of Asset Management. This person will primarily support the asset managers on all analytic, operational, and strategic aspects of their business. This will include quarterly valuations, lease analysis, hold/sell recommendations, property level budgets and business plans, work with third party vendors, capital expenditures, dispositions and new acquisitions due diligence assistance, etc.

What You’ll Do:

• This person will support the asset managers with analytic support including lease analysis, hold/sell models, JV waterfall calculations, quarterly valuations etc.
• They will support the performance of due diligence, including gathering and maintaining market statistics and coordinating the work of external consultants and appraisers.
• Support the asset managers on the timely completion and/or review of accurate quarterly and annual property valuation analysis.
• Participate in property level conference calls with asset manager, third party property managers and leasing agents.
• Review monthly financial and operational reports from property managers and/or JV partners.
• Monthly reconciliation of actual asset level performance to plan/underwriting.
• Process monthly capital funding requests and perform quarterly capital reconciliation with accounting and portfolio management.
• Assist in preparation and completion of Lease summary and required approval process.
• This person will also help prepare investment committee memorandums.
• Prepare and review property level financial investment valuation and performance models using Argus Enterprise and Excel based on information provided from various sources including acquisition officers, asset managers, outside brokers, appraisers, and other service providers.
• Maintain current real estate market data for areas under investment consideration, in addition to existing asset markets.
• Manage external sources of data (brokers, appraisers, etc.) in target markets.
• Assist asset managers with various valuation projects including quarterly and annual internal property valuations, hold/sell analysis, and lease analyses.
• Attend networking, industry, and market functions.
• Train others in the use of Excel and Argus valuation software, as necessary.
• Limited travel requirements to primarily in the Southeast region of the United States.

What You’ll Do:

• The candidate should have 1-3 years of investment analysis experience, preferably with an institutional investment company, brokerage company, or related real estate firm.
• An undergraduate degree in real estate, urban planning, finance, or economics is preferred.
• A fundamental understanding of the commercial real estate market.
• Experience working on varied transactions including interaction with principals, developers, and brokers. Prior experience with joint venture transactions, including financial waterfall analysis, is a plus.
• Strong hands‑on knowledge and abilities in Excel and Argus/Argus Enterprise.
• Strong analytical skills, aptitude, and experience.
• Excellent written and verbal communication skills.
• Attention to detail is a must.
• Ability to work independently and collaboratively, and to generate high quality output.
• Bias for learning, acting with agility and having a customer focus.
• Must meet deadlines and work with multiple asset managers.
• Familiarity with multiple real estate markets and experience with performance calculation a plus.

Company Overview:

At New York Life, our 180‑year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI‑enabled organization, we remain grounded in the values that drive lasting impact.

Our diverse business portfolio creates opportunities to make a difference across industries and communities—inviting bold thinking, collaborative problem‑solving, and purpose‑driven innovation. Here, you’ll find the rare balance of long‑standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.

As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what’s next, and your growth powers it.

Our Benefits:

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion:

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.

Recognized as one of Fortune’s World’s Most Admired Companies:

New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

Job Details:

• Salary Range: $75,000-$105,000
• Overtime eligible: Exempt
• Discretionary bonus eligible: Yes
• Sales bonus eligible: No
• Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus.
• In addition to base salary, employees may also be eligible to participate in an incentive program.

Other Resources:

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Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees’ needs.