Asset Management Associate

B I R G E & H E L D

Investing in Communities to Transform Lives.

WHO WE ARE

It's fun to work in a company where people truly believe in what they are doing. At Birge & Held, we are committed to bringing excitement and energy to the business of multifamily housing. We expect every employee within our organization to be a leader working in a collaborative environment towards a shared vision.

At Birge & Held, our employees have a Passion for People, demonstrate Leadership at Every Level, and are Always Learning & Innovating. Through these core values, we make our purpose a reality, “Investing in Communities to Transform Lives.”

POSITION OVERVIEW

Primary responsibilities of the Asset Management Associate will include assisting with the development and execution of portfolio projects, reporting and presentations, financial modeling, benchmark analyses, and other special projects as assigned. This person will be responsible for financial analyses of portfolio and asset-level analysis to support overall performance and value-added execution. The candidate will have the opportunity to join a growing, entrepreneurial team, report directly to senior management, and provide support to the Company's portfolio of real estate assets.

While this position is currently posted as an Asset Management Associate, we are open to considering candidates for a Senior Asset Management Associate role based on their relevant experience, skills, qualifications, and professional background.

KEY RESPONSIBILITIES

• Oversee an assigned portfolio of company-owned assets, with a focus on maximizing asset value, investment returns, and overall property performance.
• Develop, implement, and execute asset-specific business plans, identifying opportunities to enhance property performance, drive value, and maximize returns for the company and its investors.
• Evaluate existing business plans and recommend strategic adjustments based on asset performance, market conditions, and investment objectives.
• Review and analyze property financial reports, including operating expenses, budget variances, cash flow, and performance against underwriting and established business plans.
• Develop and maintain cash flow models, financial projections, and investment return analyses to support asset-level decision-making and strategic planning.
• Prepare monthly and quarterly asset performance reports, financial analyses, and strategic recommendations for the Asset Management team.
• Analyze macroeconomic and microeconomic trends, market conditions, and real estate fundamentals to support investment strategies and asset-level business plans.
• Support transactional activities, including property dispositions, refinancings, and recapitalizations, through financial modeling, analysis, due diligence, and coordination with internal teams.
• Coordinate portfolio financing activities, including preparing required documentation, managing data collection across functional teams, and ensuring adherence to critical deadlines.
• Collaborate with Finance, Operations, and other internal stakeholders to evaluate asset performance, identify opportunities for improvement, and implement strategic initiatives.
• Conduct market research, competitive analysis, industry trend evaluations, and property-specific research to support asset management decisions.
• Ensure all financial analyses, reports, and deliverables are accurate, timely, and of the highest quality.

EDUCATION, EXPERIENCE, AND SKILLS

• Candidate should be proactive and self-motivated. Essential candidate attributes include strong work ethic, integrity and commitment to both team and individual project deadlines
• Must be able to work as part of a team that includes cross-functional teams
• Must be able to communicate effectively in the organization, both verbally and in writing
• Ideal candidate will be entrepreneurial self-starter with creative problem-solving skills capable of working across multiple projects simultaneously
• High proficiency in property cash flow mechanics, investment analysis and equity/debt considerations
• Strong writing and financial analysis skills; high competency in preparing and delivering analytical reports and data charts
• Travel will be required
• Sensitivity to confidential matters and information is required
• Bachelor’s degree in business or similar field of study
• 3-5 years of experience in real estate, finance or related business position; multifamily investment or asset management experience is a plus
• High proficiency in Microsoft Office, especially in Excel, Word and PowerPoint

WHAT WE OFFER

• Maintain work-life balance with a flexible hybrid schedule and a generous paid time-off policy, including up to 20 days of PTO per year. In addition to traditional PTO, you’ll receive 14 holidays including a floating holiday and your birthday. Separately, if you’ve served in the military, you’ll receive Veterans Day as a paid day off.
• Make a difference in your community with 8 hours of Volunteer Paid Time Off (PTO) each year, giving you the ability to support a cause or organization of your choice.
• Take advantage of supportive leave benefits, including up to 3 weeks of paid parental leave and 6 weeks of paid childbirth leave.
• Boost your earnings with a performance-based bonus of up to 10% of your base salary, determined by your role and achievement in individual, departmental, and company-wide Key Performance Indicators (KPIs).
• Save on living expenses with exclusive employee discounts at Birge & Held properties.
• Prioritize your well-being with a robust wellness program that supports your physical, mental, and emotional health. Enjoy up to $25 in monthly gym membership reimbursements and gain access to certified health coaches dedicated to helping you achieve your personal wellness goals.
• Access competitive dental, vision, and comprehensive medical plans to ensure you and your family receive the care you need, along with convenient online tools to help you manage your healthcare benefits with ease.
• Enjoy peace of mind today and tomorrow with a 401(k) plan that includes a competitive employer match.
• Receive automatic enrollment in the company paid basic life insurance policy with the opportunity to elect supplemental life insurance. With employment at Birge & Held you have the ability to elect additional ancillary benefit options including but not limited to, Long-Term Disability (LTD), Short-Term Disability (STD) and Critical Illness Insurance that provides extra protection against unexpected health challenges.
• Stay connected and equipped for success with a monthly phone stipend of up to $50 to help cover your mobile service costs.
• Grow your career through the support of a dedicated Talent Development team and a tuition reimbursement program. Whether you're building new skills, exploring new roles, or pursuing a degree, you'll have the resources and guidance to reach your full potential.
• Be part of an organization consistently recognized as one of the Top Workplaces in the USA, where your contributions are valued and celebrated.

Birge & Held is an Equal Opportunity Employer and we are committed to hiring a diverse and talented workforce.