Real Estate Asset Management Associate or VP

Halaby Capital; Denver (CO); On-site; USD 105,000 - 120,000; Full time

Benefits offered by this job

Discretionary annual bonus

Carried interest / participation (deal

401(k) with employer match

16+ days PTO (vacation and sick)

Job summary

Halaby Capital is seeking an Asset Management Associate to own portfolio performance, reporting, and PM oversight across B and C class multifamily assets. The role includes secondary acquisitions support and strong operational financial analysis.

Fluency with Yardi, RealPage, Entrata, or AppFolio is required. The ideal candidate has 3–5 years in asset management, proven budgeting and lender compliance experience, and a collaborative, entrepreneurial approach.

Qualifications

• 3-5 years of experience in multifamily asset management, preferably with B and C class properties.
• Direct experience managing or overseeing third‑party property management companies.
• Full asset management cycle: budgeting, variance analysis, CapEx oversight, lender compliance, and investor reporting.
• Acquisitions or underwriting experience is a plus.

Responsibilities

• Own portfolio oversight across B and C class multifamily assets with accuracy.
• Prepare monthly and quarterly asset‑level reporting with variance analyses, KPI dashboards, leasing metrics, and NOI performance.
• Lead annual budgeting with property managers and track performance against budgets.
• Conduct financial analysis to identify underperformance and implement corrective actions.
• Navigate Yardi/RealPage/Entrata to pull reports and analyze KPIs.
• Oversee capital improvement programs, draw schedules, and ROI tracking.
• Monitor lender reporting requirements and insurance/covenant compliance.
• Support quarterly investor reporting and fund level performance.
• Perform quarterly site visits to assess conditions and needs.
• Evaluate hold/sell/refi decisions via asset valuation analyses.
• Track market rent trends and submarket dynamics.

Skills

Strong operations skills

Excellent communication

Highly organized

Collaborative team player

Education

Tools

Yardi

RealPage

Entrata

AppFolio

Excel

Job description

Halaby Capital Real Estate Asset Management Associate or (“VP”) - Job Description

Company Overview:

Halaby Capital is a small, dynamic real estate investment firm specializing in the acquisition, repositioning, and management of value-priced multifamily assets. We are committed to creating a positive impact on the communities we serve, offering clean, safe, and high-value living options. Our team is entrepreneurial, data-driven, and passionate about delivering superior risk-adjusted returns for our investors.

Position Summary:

The Asset Management Associate is the operational core of Halaby Capital's portfolio function. This individual will own performance monitoring, financial reporting, and property manager oversight across a portfolio of stabilized and transitional multifamily assets. In addition, will help with secondary support on acquisitions as needed. The ideal candidate has deep hands‑on experience in B and C class multifamily operations, is fluent in property management software, and brings sharp operational financial analysis skills.

Roles and responsibilities:

This is primarily an asset management role. The Associate will own portfolio oversight across Halaby Capital's B and C class multifamily assets, with secondary involvement in acquisitions support as deal flow requires.

Asset Management

• Serve as the primary point of contact with third‑party property management companies across the portfolio, holding managers accountable to leasing, occupancy, collections, and expense targets.
• Prepare and present monthly and quarterly asset‑level reporting packages including variance analyses, KPI dashboards, leasing metrics, delinquency reports, and NOI performance vs. underwriting.
• Own the annual budget preparation process for each asset by building property‑level budgets in coordination with property managers, reviewing assumptions, and tracking performance against approved budgets throughout the year.
• Conduct ongoing financial analysis of property operations: identify underperformance, diagnose root causes, and recommend and implement corrective actions with urgency.
• Fluently navigate property management software (Yardi, RealPage, Entrata, or equivalent) to pull reports, audit data accuracy, analyze rent rolls, and track operational KPIs.
• Oversee capital improvement and value‑add renovation programs. Manage project timelines, draw schedules, vendor accountability, and return-on-cost tracking for all improvements.
• Monitor and manage lender reporting requirements, covenant compliance, reserve escrow draws, and insurance requirements across the portfolio.
• Help prepare quarterly investor reporting packages and support fund‑level performance reporting.
• Conduct quarterly site visits to assess physical condition, management execution, and capital needs.
• Evaluate hold/sell/refi decisions through ongoing asset valuation analysis.
• Track market rent trends, competitor performance, and submarket supply dynamics for each asset.

Acquisitions Support

• Work with VP of Acquisitions to evaluate multifamily investment opportunities.
• Help maintain detailed financial models in Excel.
• Conduct comprehensive market research including submarket rent and occupancy trends, comparable sales analysis, supply pipeline assessment, and demographic studies.
• Coordinate and manage due diligence process, including property inspections, market research, capital expenditures, and third‑party reports.

Qualifications:

Experience

• 3-5 years of experience in multifamily asset management, preferably with B and C class properties.
• Direct experience managing or overseeing third‑party property management companies, holding managers accountable to financial and operational targets.
• Demonstrated ability to own the full asset management cycle: budgeting, variance analysis, CapEx oversight, lender compliance, and investor reporting.
• Acquisitions or underwriting experience is a plus, not a requirement.

Technical Skills

• Fluency in at least one major property management software platform: Yardi, RealPage, Entrata, or AppFolio is a hard requirement. Must be able to pull reports, audit data, and analyze operational performance directly within the system.
• Advanced Excel proficiency with ability to build operational budgets, variance models, and financial analyses from scratch.
• Experience with real estate data platforms such as CoStar, REIS, RealPage, Yardi, or Entrata.

Core Competencies & Soft Skills

• Exceptional operations skills, understanding all the details of property level financials and catching issues before they compound.
• Strong written and verbal communication and willingness to hold property managers accountable professionally and present findings clearly to team.
• Highly organized and self‑directed to manage a multi‑asset portfolio without heavy oversight.
• Passionate about multifamily real estate and the operational levers that drive asset performance.
• Collaborative team player who thrives in a lean, entrepreneurial environment.

Compensation and Benefits:

We offer a competitive compensation package commensurate with experience, including:

• Base salary: $105,000 - $120,000 depending on experience
• Discretionary annual bonus
• Potential for carried interest / participation (deal and/or fund level)
• Typical benefits
• 401(k) with employer match
• 16+ days PTO (vacation and sick combined) in first year and flexible work arrangements