Carmel Partners
Analyst, Asset Management
Carmel Partners, Washington, District of Columbia, us, 20022
Carmel Partners , one of the nation’s leading specialists in real estate investment management, with expertise in the investment, development, and construction of multi-family real estate, is seeking an Asset Management Analyst in our Washington D.C. Regional Office.The
Analyst
position’s primary objective is to support the department’s goal of maximizing operations and returns at the individual asset level and the overall fund/portfolio level. The analyst will prepare and analyze data including performance analysis of existing assets, compile and interpret market data, and be responsible for developing and maintaining comprehensive reporting.A place for youHere at Carmel, we don’t just invest in buildings, we invest in careers. We’re committed to assembling diverse teams with exceptional talent, and we strongly urge individuals from underrepresented groups to apply.What you’ll doSupport the Asset Management Team in regular oversight for assigned properties, including:Provide market research and develop a strong knowledge of assigned properties and regions.Identify opportunities to exceed benchmarks without negatively impacting property operations or the property’s competitive position within the submarket.Review weekly reports of leasing, occupancy, and trends and provide appropriate follow up.Utilize Asset Management’s operational software systems for reporting, tracking, and analysis.Participate in revenue management calls to review lease pricing.Monitor key property metrics such as unit turnover timing, renewal rates, and lease expiration schedules, and escalate potential issues that could impact property performance.Participate in preparation and presentation of annual business plans and quarterly updates.Participate in annual budgeting process, reforecasts, and monthly variance reviews.Contribute to the coordination, analysis, and other efforts for specific property needs related to lease up activity, disposition preparation, and major capital project implementations.Assist with due diligence in evaluating capital projects and renovations.Conduct portfolio and property-level research projects, utility expense analysis, and review ancillary income contracts and payment schedules to identify business opportunities.Review real estate tax assessments and participate in discussions with third-party real estate tax consultants regarding tax appeal strategies.Coordinate with other departments and respond to any requests for property-level data and metrics to report to investors, lenders, partners, or others.Perform Ad Hoc Analyses or Reporting as needed.Who you areDemonstrates working knowledge of real estate investment, property management, and multifamily development or renovation.Ability to communicate effectively and concisely to various stakeholders.Excellent written and verbal skills to drive results.Creative, self-motivated, and intellectually curious to drive results independently and as part of a team.Strong organizational and time management abilities to execute on multiple projects.Upholds a high level of integrity and a commitment to excellence.What you’ll bringBachelors' degree in business, finance, real estate, or related field.2+ years of professional experience, ideally with a portion of that time in the real estate investment business.Exceptional financial and numerical analytical skills.An understanding of real estate valuation processes, real estate underwriting, discounted cash flow analyses, and return on investment principles, including experience in financial modeling.Proficiency in MS office including advanced skills in Excel.Compensation and BenefitsThe
Base
salary range for this position is
$85,000 to $95,000 . Total compensation for this role also includes a
bonus incentive
in addition to the base salary.Choose CarmelAt
Carmel Partners , our mission is to create exceptional multifamily communities that enrich lives and neighborhoods.DEI StatementWe are committed to equitable hiring and promotion practices. We lead with integrity and believe in building a diverse and inclusive workplace, rooted in a culture of mutual respect.Carmel Partners is an
Equal Opportunity Employer , committed to providing employees with a work environment free of discrimination and harassment.
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Analyst
position’s primary objective is to support the department’s goal of maximizing operations and returns at the individual asset level and the overall fund/portfolio level. The analyst will prepare and analyze data including performance analysis of existing assets, compile and interpret market data, and be responsible for developing and maintaining comprehensive reporting.A place for youHere at Carmel, we don’t just invest in buildings, we invest in careers. We’re committed to assembling diverse teams with exceptional talent, and we strongly urge individuals from underrepresented groups to apply.What you’ll doSupport the Asset Management Team in regular oversight for assigned properties, including:Provide market research and develop a strong knowledge of assigned properties and regions.Identify opportunities to exceed benchmarks without negatively impacting property operations or the property’s competitive position within the submarket.Review weekly reports of leasing, occupancy, and trends and provide appropriate follow up.Utilize Asset Management’s operational software systems for reporting, tracking, and analysis.Participate in revenue management calls to review lease pricing.Monitor key property metrics such as unit turnover timing, renewal rates, and lease expiration schedules, and escalate potential issues that could impact property performance.Participate in preparation and presentation of annual business plans and quarterly updates.Participate in annual budgeting process, reforecasts, and monthly variance reviews.Contribute to the coordination, analysis, and other efforts for specific property needs related to lease up activity, disposition preparation, and major capital project implementations.Assist with due diligence in evaluating capital projects and renovations.Conduct portfolio and property-level research projects, utility expense analysis, and review ancillary income contracts and payment schedules to identify business opportunities.Review real estate tax assessments and participate in discussions with third-party real estate tax consultants regarding tax appeal strategies.Coordinate with other departments and respond to any requests for property-level data and metrics to report to investors, lenders, partners, or others.Perform Ad Hoc Analyses or Reporting as needed.Who you areDemonstrates working knowledge of real estate investment, property management, and multifamily development or renovation.Ability to communicate effectively and concisely to various stakeholders.Excellent written and verbal skills to drive results.Creative, self-motivated, and intellectually curious to drive results independently and as part of a team.Strong organizational and time management abilities to execute on multiple projects.Upholds a high level of integrity and a commitment to excellence.What you’ll bringBachelors' degree in business, finance, real estate, or related field.2+ years of professional experience, ideally with a portion of that time in the real estate investment business.Exceptional financial and numerical analytical skills.An understanding of real estate valuation processes, real estate underwriting, discounted cash flow analyses, and return on investment principles, including experience in financial modeling.Proficiency in MS office including advanced skills in Excel.Compensation and BenefitsThe
Base
salary range for this position is
$85,000 to $95,000 . Total compensation for this role also includes a
bonus incentive
in addition to the base salary.Choose CarmelAt
Carmel Partners , our mission is to create exceptional multifamily communities that enrich lives and neighborhoods.DEI StatementWe are committed to equitable hiring and promotion practices. We lead with integrity and believe in building a diverse and inclusive workplace, rooted in a culture of mutual respect.Carmel Partners is an
Equal Opportunity Employer , committed to providing employees with a work environment free of discrimination and harassment.
#J-18808-Ljbffr