Greystar
Associate, Asset Management
Location:
Newport Beach, California
Job Code:
R0175591
Overview Greystar is looking for dedicated and hard‑working individuals who want to help us continue to be the best at what we do. Today, we are the largest rental housing operator and developer in the US and one of the largest global investment management companies, delivering industry‑leading services to investors, clients, and residents. We offer unrivaled professional development and career growth opportunities to our team members and look forward to welcoming you to Greystar, where our people are what make us the Global Leader in Rental Housing.
Job Responsibilities
Conduct financial analysis of multifamily development assets, including the creation of detailed pro‑forma and Excel‑based models.
Gather, comply with, investigate, and analyze market data to identify trends; prepare narrative memoranda, detailed reports, and market summaries presenting property‑level and market insights.
Collaborate on new investment committee memos, financing or disposition recommendations and updates on existing development assets.
Establish and maintain productive relationships with local market brokers, institutional and equity partners, lenders, regional property management, and other key stakeholders; manage ongoing communications related to development transactions.
Participate in developing documentation and recommendations on key findings that may affect return and financial performance.
Organize and/or lead the disposition process, including broker coordination and due diligence of assets under contract; perform valuation analysis and develop recommendations based on key findings.
Monitor and report on sales transaction status and new product deliveries within the assigned geographic region; establish critical timelines and address potential issues that could adversely affect closing.
Work with internal teams and external parties to implement process improvements that target increased revenue, reduced operating expenses, and overall asset performance; participate in evaluation of rent structures and leasing velocity.
Provide support and assistance to key business leaders and others by fielding questions and requests, gathering data, and preparing reports.
Perform routine monitoring, reporting, and proactive problem solving of assets within the assigned region.
Coordinate with consultants related to real estate tax prosecutions.
Assist in preparing annual level business plans, including review of operating budgets, market analysis, real estate tax forecast, and disposition strategy.
Complete various financial, administrative, and other reports and analyses, and perform other duties as assigned.
Take an active role in group special projects, including bi‑annual portfolio revaluations and ad‑hoc reporting requests.
Complete cash needs and distribution analysis as needed.
Basic Knowledge & Qualifications
A bachelor’s or master’s degree in finance, accounting, business, real estate, economics, or related field from an accredited institution (preferred).
Two or more years of experience in real‑estate finance.
Attention to detail and strong creative problem‑solving skills.
Proficiency in Excel and financial modeling.
Strong organizational, time‑management, and project management skills to track, report, and manage multiple projects with critical deadlines.
Excellent interpersonal and relationship‑management skills to cultivate productive relationships with brokers, partners, owners, lenders, and clients.
Professional presentation and public speaking ability.
Salary Range $110,000 - $150,000
Additional Compensation
Corporate Positions:
Eligible for a quarterly or annual bonus program based on individual and company performance.
Onsite Property Positions:
Eligible for weekly, monthly, or quarterly bonus programs.
Benefits
Competitive medical, dental, vision, and disability & life insurance; low (free basic) employee medical costs for employee‑only coverage with discounts after 3 and 5 years of service.
Generous paid time off – 15 days vacation, 4 personal days, 10 sick days, 11 paid holidays; birthday off after 1 year of service; additional vacation accrued with tenure.
Onsite housing discount for eligible onsite team members (subject to discount and unit availability).
6‑week paid sabbatical after 10 years of service (and every 5 years thereafter).
401(k) with company match up to 6% after 6 months of service.
Paid parental leave and lifetime fertility benefit reimbursement up to $10,000 (includes adoption or surrogacy).
Employee assistance program.
Critical illness, accident, hospital indemnity, pet insurance, and legal plans.
Charitable giving program and benefits.
Benefits may vary for union and prevailing wage roles.
Greystar will consider for employment qualified applicants with arrest and conviction records.
Important Notice:
Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct interviews via text or messaging; all communication will come from official Greystar email addresses (@greystar.com). If you receive suspicious requests, please report them immediately to AskHR@greystar.com.
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Newport Beach, California
Job Code:
R0175591
Overview Greystar is looking for dedicated and hard‑working individuals who want to help us continue to be the best at what we do. Today, we are the largest rental housing operator and developer in the US and one of the largest global investment management companies, delivering industry‑leading services to investors, clients, and residents. We offer unrivaled professional development and career growth opportunities to our team members and look forward to welcoming you to Greystar, where our people are what make us the Global Leader in Rental Housing.
Job Responsibilities
Conduct financial analysis of multifamily development assets, including the creation of detailed pro‑forma and Excel‑based models.
Gather, comply with, investigate, and analyze market data to identify trends; prepare narrative memoranda, detailed reports, and market summaries presenting property‑level and market insights.
Collaborate on new investment committee memos, financing or disposition recommendations and updates on existing development assets.
Establish and maintain productive relationships with local market brokers, institutional and equity partners, lenders, regional property management, and other key stakeholders; manage ongoing communications related to development transactions.
Participate in developing documentation and recommendations on key findings that may affect return and financial performance.
Organize and/or lead the disposition process, including broker coordination and due diligence of assets under contract; perform valuation analysis and develop recommendations based on key findings.
Monitor and report on sales transaction status and new product deliveries within the assigned geographic region; establish critical timelines and address potential issues that could adversely affect closing.
Work with internal teams and external parties to implement process improvements that target increased revenue, reduced operating expenses, and overall asset performance; participate in evaluation of rent structures and leasing velocity.
Provide support and assistance to key business leaders and others by fielding questions and requests, gathering data, and preparing reports.
Perform routine monitoring, reporting, and proactive problem solving of assets within the assigned region.
Coordinate with consultants related to real estate tax prosecutions.
Assist in preparing annual level business plans, including review of operating budgets, market analysis, real estate tax forecast, and disposition strategy.
Complete various financial, administrative, and other reports and analyses, and perform other duties as assigned.
Take an active role in group special projects, including bi‑annual portfolio revaluations and ad‑hoc reporting requests.
Complete cash needs and distribution analysis as needed.
Basic Knowledge & Qualifications
A bachelor’s or master’s degree in finance, accounting, business, real estate, economics, or related field from an accredited institution (preferred).
Two or more years of experience in real‑estate finance.
Attention to detail and strong creative problem‑solving skills.
Proficiency in Excel and financial modeling.
Strong organizational, time‑management, and project management skills to track, report, and manage multiple projects with critical deadlines.
Excellent interpersonal and relationship‑management skills to cultivate productive relationships with brokers, partners, owners, lenders, and clients.
Professional presentation and public speaking ability.
Salary Range $110,000 - $150,000
Additional Compensation
Corporate Positions:
Eligible for a quarterly or annual bonus program based on individual and company performance.
Onsite Property Positions:
Eligible for weekly, monthly, or quarterly bonus programs.
Benefits
Competitive medical, dental, vision, and disability & life insurance; low (free basic) employee medical costs for employee‑only coverage with discounts after 3 and 5 years of service.
Generous paid time off – 15 days vacation, 4 personal days, 10 sick days, 11 paid holidays; birthday off after 1 year of service; additional vacation accrued with tenure.
Onsite housing discount for eligible onsite team members (subject to discount and unit availability).
6‑week paid sabbatical after 10 years of service (and every 5 years thereafter).
401(k) with company match up to 6% after 6 months of service.
Paid parental leave and lifetime fertility benefit reimbursement up to $10,000 (includes adoption or surrogacy).
Employee assistance program.
Critical illness, accident, hospital indemnity, pet insurance, and legal plans.
Charitable giving program and benefits.
Benefits may vary for union and prevailing wage roles.
Greystar will consider for employment qualified applicants with arrest and conviction records.
Important Notice:
Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct interviews via text or messaging; all communication will come from official Greystar email addresses (@greystar.com). If you receive suspicious requests, please report them immediately to AskHR@greystar.com.
#J-18808-Ljbffr