Senior Associate Multifamily Asset Management

Selby Jennings; San Francisco (CA); Hybrid; USD 135,000 - 150,000; Full time

Job summary

Selby Jennings in San Francisco, CA is seeking a Senior Associate, Asset Management to maximize NOI across a multifamily portfolio. The role combines portfolio oversight with collaboration across managers, lenders, and investors, in a hybrid setting with 4 days in office and 1 day remote.

This role requires strong financial modeling, advanced Excel, and experience with multifamily real estate. Expect ~15–20% travel and a path to leadership within a growing investment platform.

Qualifications

• 3–5+ years in asset management or real estate operations.
• Experience with multifamily or commercial real estate investments.
• Strong financial modeling and analytics.
• Proficiency in Excel and asset-management software.

Responsibilities

• Oversee asset management strategy for a multifamily portfolio of approximately 3,500 units
• Partner with third-party property management teams to execute business plans, budgets, and capital projects
• Drive revenue growth, expense management, and overall asset performance
• Build and maintain relationships with investors, lenders, brokers, vendors, and operating partners
• Prepare and analyze financial models related to valuations, refinancing, hold/sell decisions, and capital investments
• Conduct market research, competitive analysis, and property valuations
• Produce monthly and quarterly reporting, variance analysis, and performance updates for stakeholders
• Support strategic decisions surrounding dispositions, refinancing, and value-add initiatives
• Travel approximately 15-20% as needed

Skills

Asset Management

Financial Modeling

Advanced Excel

Yardi / Power BI

Relationship Management

Negotiation

Tools

Yardi

Power BI

Vena

Excel

Job description

San Francisco, CA (Hybrid: 4 days in office, 1 day remote)

Base Salary: $135,000 - $150,000 + Bonus

My client is a well-established multifamily investment firm with a national portfolio spanning more than 20,000 units across multiple states. The firm has an active acquisition pipeline, a strong institutional platform, and a collaborative culture focused on creating value through strategic asset management and operational execution.

They are seeking a Senior Associate, Asset Management to play a key role in maximizing performance across a portfolio of multifamily assets. This individual will work closely with senior leadership, property management partners, investors, and lenders to drive NOI growth, enhance asset value, and execute portfolio-level business plans.

Key Responsibilities

• Oversee asset management strategy for a multifamily portfolio of approximately 3,500 units
• Partner with third-party property management teams to execute business plans, budgets, and capital projects
• Drive revenue growth, expense management, and overall asset performance
• Build and maintain relationships with investors, lenders, brokers, vendors, and operating partners
• Prepare and analyze financial models related to valuations, refinancing, hold/sell decisions, and capital investments
• Conduct market research, competitive analysis, and property valuations
• Produce monthly and quarterly reporting, variance analysis, and performance updates for stakeholders
• Support strategic decisions surrounding dispositions, refinancing, and value-add initiatives
• Travel approximately 15-20% as needed

Qualifications

• 3-5+ years of experience in asset management, acquisitions, investment analysis, or real estate operations
• Experience with multifamily and/or commercial real estate investments
• Strong financial modeling and analytical skills
• Advanced Excel proficiency; experience with Yardi, Power BI, Vena, or similar platforms is preferred
• Excellent communication and relationship management skills
• Ability to thrive in a fast-paced, entrepreneurial environment

What Makes This Company Unique Now?

• The company has been around since the early 2000s
• Extremely strong local reputation with about 80% of investors being direct referrals
• Recent Fund Launch

This is an excellent opportunity for a real estate investment professional looking to take on broader asset management responsibilities while working on a sizable multifamily portfolio within a highly active investment platform.