Asset Management Analyst - Multifamily Real Estate

Bluecore Residential

$70K — $95K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Accounting, Business, or related field.
  • 1-4 years of experience in multifamily or commercial real estate, including asset management and property accounting.
  • Strong financial modeling skills in Excel, capable of building and auditing models.
  • Familiarity with multifamily operating statements and key performance metrics.

Responsibilities

  • Prepare monthly and quarterly variance-to-budget analyses, breaking down variances into operational and market drivers.
  • Maintain market competitive sets and track submarket data to contextualize asset performance.
  • Collaborate with Property Management to identify performance issues and validate budget assumptions.
  • Build and maintain Excel models for tracking budgets against actuals and for trend analysis.
  • Analyze underwriting budgets and operational assumptions throughout the asset hold period.
  • Support the annual budgeting process through building and stress-testing property-level budgets.
  • Leverage AI tools for workflow optimization and process improvements.

Benefits

  • Performance-based bonuses for corporate team members.
  • Unlimited Paid Time Off (DTO) starting on hire date.
  • Opportunity to work with experienced multifamily investment professionals through mentorship.
  • 10 full paid holidays annually.
  • 8 hours of paid volunteer time available throughout the year.
  • 25% discount off rent for employees at any unit.
  • Comprehensive medical, dental, and vision insurance benefits.
  • 401K retirement plan with a 25% company match up to 6%.
  • Discounts on leisure travel rentals and services with Verizon and Expedia.
  • Full reimbursement for industry-related certifications.
  • Innovative tech tools that enhance job performance and foster transparency.
Full Job Description
100% REMOTE

Bluecore is adding an Asset ManagementAnalyst to sit in the intersection of Operations and the Investment team. This role offers direct exposure to our Founders and they will working closely with senior leadership. Our Asset Management Analyst will support budgeting, underwriting analysis, and operational performance monitoring across our multifamily portfolio. This role is responsible for ensuring that asset-level operating performance is measured against underwriting assumptions and annual budgets - and for explaining why it diverges when it does. This is a high-visibility seat with direct exposure to portfolio leadership and a strong pathway into asset management or acquisitions.

Key Responsibilities
  • Asset Management
    • Prepare monthly and quarterly variance-to-budget analyses, decomposing variances into operational drivers (occupancy, lease trade-outs, renewals, controllable expenses), market conditions (rent trends, concessions, supply), and comparable property performance
    • Maintain and enhance market comp sets; track submarket rent, occupancy, and concession data to contextualize asset performance
    • Partner with Property Management to identify performance gaps, validate budget assumptions, and track corrective action plans
    • Build and maintain Excel models and reporting tools for budget-vs-actual tracking, trend analysis, and portfolio rollups
    • Extract and analyze property management system data (Yardi or similar) to support recurring reporting and ad hoc analysis
  • Analyze Underwriting
    • Analyze underwriting budgets and operating assumptions for multifamily assets at acquisition and throughout the hold period
    • Support investment reporting materials, including memos, return analysis, and scenario modeling
    • Assist in due diligence processes, including review of third-party reports and financial data
  • Budgeting
    • Support the annual budgeting process: build, model, and stress-test property-level operating budgets in partnership with Asset Management and Property Management
  • Investor Reporting
    • Support investor reporting with asset-level performance narratives and supporting schedules
    • Assist Asset Management with hold/sell analyses, refinancing support, and business plan updates
    • as needed
  • AI & Process Optimization
    • Leverage AI tools (e.g., Claude, ChatGPT, Excel integrations) to streamline analysis, underwriting, reporting, and workflows
    • Help develop and refine internal processes to improve efficiency and scalability
    • Identify opportunities to automate recurring analyses and enhance data quality

Requirements
  • Bachelor's degree in Finance, Economics, Accounting, Business, or a related field.
  • You have 1-4 years of experience in multifamily or commercial real estate - asset management, property accounting, acquisitions, FP&A, or valuation/appraisal backgrounds all considered
  • You have strong financial modeling skills in Excel, including the ability to build and audit models
  • You have familiarity with multifamily operating statements and key metrics, including NOI, economic occupancy, trade-outs, and expense ratios

Preferred Requirements:
  • You have exposure to AI tools for investment workflows
  • You have experience with Yardi, RealPage, Entrata, or comparable property management systems

Benefits

Performance Bonuses- Our corporate team participates in performance-based bonuses.

Paid Time Off- Unlimited DTO starting upon hire.

Mentorship- Work with an experienced team of multifamily investment professionals.

Holiday Pay- 10 full paid holidays.

Paid Volunteer Hours- 8 hours of paid volunteer time you can use throughout the year.

Housing Discounts- 25% off rent available for all employees off any unit.

Comprehensive Insurance Benefits- Medical PPO, HDHP, FSA, HSA with employer match, Dental, Vision, STD, & LTD.

Retirement Plan- 401K with a 25% company match up to 6%.

Travel & Personal Discounts- Company rate National/Enterprise rental cars for leisure travel, plus additional discounts with Verizon (18% discount) and Expedia (10% discount).

Certification Reimbursement- Full reimbursement for approved industry related certifications, including CAM, CPO, EPA, and more!

Tech Forward & Transparent Culture- Innovative internal software to make your job easier!

Cultural Appeal- We run on transparency and healthy debate (No Fear of Conflict); you are encouraged to appeal and share what is not working well. Your voice truly matters!

Similar Jobs

More Jobs at Bluecore Residential

More Real Estate & Construction Jobs

Find similar Asset Management Analyst - Multifamily Real Estate jobs: