Equity Apartments

Manager, Asset Management

Equity Apartments • $111K — $136K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Real Estate, Economics, or a related field.
  • 4+ years of relevant experience in asset management, financial analysis, or real estate investment.
  • Strong analytical and financial modeling skills.
  • Proficiency in Microsoft Excel, PowerBI, and other data analysis tools.
  • Excellent problem-solving and communication skills.
  • Ability to collaborate effectively across multiple departments and functions.
  • Experience with large-scale real estate portfolios is a plus.

Responsibilities

  • Develop and update detailed financial analyses of real estate assets using various financial metrics.
  • Lead SWOT discussions with stakeholders to identify risks and opportunities in investment planning.
  • Partner with various teams to optimize asset value.
  • Utilize PowerBI and analytical tools to identify trends for informed decision-making.
  • Perform property-level market valuations and coordinate external broker opinions of value.
  • Support portfolio-level analytics for strategic initiatives and assessments.
  • Assist with the administration of processes such as annual CapEx budgeting.

Benefits

  • Growth trajectory into corporate or regional asset management or other functional areas.
  • Collaboration with cross-functional teams such as Investments, Development, and Operations.
  • Exposure to a broad range of real estate operations and analyses.
Full Job Description
Job Description

We are seeking a dynamic and analytical Manager of Asset Management to join our team. This role provides a unique opportunity to gain broad and deep exposure to real estate operations. You will work closely with Asset Managers and partner with cross-functional teams including Investments, Development, Construction, Operations, Risk Management, Legal, Design, Data Analytics, Finance, Procurement, Corporate Responsibility, and Affordable Housing. This role offers a growth trajectory into corporate or regional asset management or other functional areas within the organization.

Key Responsibilities:
  • Develop and update detailed financial analyses of real estate assets using discounted cash flow analysis, IRRs, equity multiples, and other financial metrics.
  • Lead SWOT discussions with stakeholders to identify risks and opportunities, while supporting property-level investment planning.
  • Partner with various teams (e.g., Retail, Ancillary Services, Design, Parking) to optimize asset value.
  • Utilize PowerBI and other analytical tools to identify trends, providing valuable insights for decision-making.
  • Perform property-level market valuations and coordinate external broker opinions of value (BOVs) and appraisals.
  • Support portfolio-level analytics for reviews, assessments, and strategic initiatives.
  • Assist with the administration and implementation of processes such as annual CapEx budgeting and investment planning.
  • Recommend improvements to processes and promote best practices across functions.
  • Conduct market research to stay informed on competitive properties, market trends, and key economic drivers.
  • Collaborate on asset valuations and contribute to the annual budgeting process to ensure alignment with business goals.
  • Perform periodic site visits and support the execution of asset management initiatives.

Qualifications:
  • Bachelor's degree in Finance, Real Estate, Economics, or a related field.
  • 4+ years of relevant experience in asset management, financial analysis, or real estate investment.
  • Strong analytical and financial modeling skills.
  • Proficiency in Microsoft Excel, PowerBI, and other data analysis tools.
  • Excellent problem-solving and communication skills.
  • Ability to collaborate effectively across multiple departments and functions.
  • Experience with large-scale real estate portfolios is a plus.


Working Conditions
  • Physical and Visual Activities: Ability to hear and speak well enough to converse verbally over the phone and in-person (expressing or exchanging ideas by means of the spoken or written word). Ability to interpret, evaluate and communicate detailed written or verbal instructions to others accurately and easily. Able to see well enough to use the computer effectively and read written communications. Ability to lift, push, pull or carry up to 15 pounds for the dissemination of documents, supplies, materials, etc. to various locations throughout the work environment. Ability to sit for prolonged periods. The above describes the physical and visual activities that are commonly associated with the performance of the essential functions of this job. Commonly associated is not intended to mean always or only. Reasonable accommodation will be provided as required by law to enable otherwise qualified employees with a known disability to perform the essential functions of the job.

Additional Information
  • Machines, Tools and Equipment, Software: Computer w/Internet and e-mail capabilities, Telephone, and Photocopier. Software to include Microsoft Office Suite and Google Suite (Gmail, Calendar, Docs/Sheets/Drive, etc.).

Salary: $1111,404 to $136,160 per year; in addition to base salary, a discretionary 20% bonus is provided.

The successful candidate's starting pay will be determined based on job-related skills, experience, and qualifications.

Please note that this job description is not intended to provide an exhaustive listing of tasks, activities, or responsibilities required of the employee in this role. Tasks, responsibilities, and duties may change without notice.

About Equity Apartments

Equity Residential is a publicly traded real estate investment trust that invests in apartments. As of December 31, 2020, the company owned or had investments in 304 properties consisting of 77,459 apartment units located primarily in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver. Equity Residential is the third largest owner of apartments in the United States.
Learn more about Equity Apartments
Size
2,400 employees
Market Cap
$22.3 billion
Industry
Net Income
$913.6 million
Founded
1967
5 Year Trend
+0.3%
Revenue
$2.5 billion
NASDAQ

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