Associate, Investments & Asset Management

About the Role

The Analyst/Associate, Investments and Asset Management will support the underwriting and execution of new investments as well as the financial and operational performance of their existing real estate portfolio. This is a hands-on and analytical role.

Key Responsibilities

• Evaluate, underwrite, and help execute real estate acquisitions, dispositions, and development opportunities, including financial and feasibility analysis across all phases of investment, financing, and development.
• Assist in creating and implementing business plans that enhance property value through operational improvements, capital investments, and strategic initiatives to maximize returns.
• Track monthly and quarterly financial performance across assigned assets, including budget-to-actual variance analysis, cash flow, and key performance metrics.
• Work closely with property management teams to achieve performance targets and ensure operational excellence.
• Build and maintain asset-level, development, portfolio roll-up, and fund financial models, including cash flow projections, valuations, and detailed waterfall projections to forecast returns and investor distributions.
• Support the annual business planning and budgeting process in coordination with property management teams.
• Prepare investment memoranda, investment analyses, performance reports, and presentation materials for senior leadership and investment committee review.
• Monitor asset performance against underwriting and business plan assumptions, flagging variances and helping evaluate corrective actions.
• Conduct market research on submarket conditions, comparable properties, competitive positioning, and emerging trends.
• Source and validate project- and market-level pro forma assumptions, working with internal teams, brokers, and market research providers to ensure assumptions reflect current market conditions.
• Visit properties across the portfolio as needed to conduct site inspections, tour comparable properties, and support on-site initiatives alongside property management teams.
• Support reporting to joint venture partners, lenders, and institutional investors, including quarterly reporting packages and ad hoc information requests.
• Support capital strategy and capital raise activity, including project-level equity and debt financings and fund raises (including Opportunity Zone funds), from inception through close, in coordination with the Capital Markets team.
• Collaborate cross-functionally with the capital markets, development, finance, and operations teams.

Requirements & Tech Stack

• Strong financial modeling and analytical skills with advanced proficiency in Excel and PowerPoint.
• Experience with ARGUS, Yardi, and market research platforms preferred or a willingness to learn.
• Familiarity with multifamily and/or commercial property-level operations and real estate financial statements.
• Understanding of real estate acquisition and development return metrics, waterfall distribution structures, and multifamily and office investment fundamentals.
• Exposure to institutional investors, joint venture reporting, capital raising, or the brokerage and market research communities a plus.
• Strong written and verbal communication skills, with the ability to present analysis clearly.
• Highly organized and detail-oriented, with the ability to manage multiple deadlines across a portfolio and active transactions.
• Ability to maintain confidentiality regarding sensitive information.
• Self-motivated and collaborative, with a desire to take on increasing responsibility.

Qualifications

• 0 - 4 years of experience in real estate asset management, acquisitions, development, underwriting, investment banking, investment management, valuation, or a related field.
• Bachelor's degree in Real Estate, Finance, Business, Economics, or a related field required.

Location

• This role requires a minimum of four days per week on site, either in their Washington, DC office or at one of their portfolio properties, with Fridays optionally remote.