Real Estate Associate, Asset Management

2 Months ago • 4-8 Years • $125,000 PA - $175,000 PA

Job Summary

Job Description

The Real Estate Associate will support Flow’s Real Estate Asset Management function, liaising with property management teams daily to implement business plans, ensure transparent reporting, and maximize asset financial performance. Responsibilities include developing annual business plans, optimizing leasing strategies, overseeing property tax and insurance, leading leasing efforts, supporting transaction processes, collaborating on budgeting, reviewing financial reports, creating ROI models, and managing lender relationships. The role involves a high level of responsibility and visibility within the team.

Must have:

Bachelor’s degree in Finance, Real Estate, or similar field
4-8 years of asset management experience in multifamily assets
Proficient in cash flow projection and ROI analysis
Experience supporting transaction processes

Perks:

Comprehensive benefits package (Medical / Dental / Vision / Disability / Life)
Paid time off and 13 paid holidays
401(k) retirement plan
Healthcare and Dependent Care Flexible Spending Accounts (FSAs)
Access to HSA-compatible plans
Pre-tax commuter benefits
Employee Assistance Program (EAP), free therapy through SpringHealth, acupuncture, and other wellness offerings

5 skills required

5 skills required for this role

Add these skills to join the top 1% applicants for this job

communication

financial-data-analysis

forecasting-budgeting

talent-acquisition

quality-control

Job Details

About the Company

Flow aims to create a superior living environment that enhances the lives of our residents and communities by developing, acquiring, owning, and managing multifamily apartment buildings and the services and technology inside those buildings.

Fulfilling our mission will require an exceptional group of people whose collective output is greater than the sum of its individual parts. Our team members are energized by the opportunity to impact our residents’ lives in meaningful ways. They are bold and creatively ambitious, driven by relentlessly high standards, act with a sense of urgency and accountability, and always, above all, operate with integrity, loyalty, and trust.

About the Role

We are seeking an Associate to support Flow’s Real Estate Asset Management function. This person will be one of the first dedicated hires for the RE team and will immediately have a high level of responsibility and visibility. This Associate will liaise directly with property management teams on a daily basis to represent ownership and be responsible for implementing business plans, ensuring transparent and informative reporting, cash flow forecasting, and maximizing asset financial performance.

The Associate is also expected to work closely with Flow’s Acquisition team to support transaction processes including new acquisition onboarding, financings, and dispositions. They will be an integral part of the team’s success, and will be one of the earliest members of the RE team.

Responsibilities

Daily communication with property management staff to ensure transparency, prompt resolution of issues, and business plan implementation
Develop and implement annual business plans for each property to maximize asset value
Collaborate with property management and revenue teams to optimise leasing strategy
Oversight of property tax and insurance strategies for the portfolio
Lead retail and office leasing efforts including oversight of existing tenants, managing broker relationships, and lease negotiations
Assist with providing due diligence materials for financings and dispositions
Collaborate across multiple teams to lead annual property-level budgeting process
Review of monthly financial reports to ensure accountability, transparency, and alignment with property management teams.
Create ROI models for capital improvement projects
Lender relationship management and ensuring property compliance with loan agreements
Cash flow projection modelling and onboarding of new investments

Ideal Background

Bachelor’s degree in a related field (Finance, Real Estate, Economics, or similar)
4-8 years of asset management experience for owners of Class A multifamily and mixed-use assets across multiple geographies
Proficient in creating cash flow projection models, sell/hold analysis, and ROI analysis.
Experience in supporting transaction processes including new acquisition onboarding, financings, and dispositions.
Deep understanding of multifamily property financial reports and operations
Extremely well organized
Strong communication skills

$125,000 - $175,000 a year

Benefits

• Comprehensive benefits package (Medical / Dental / Vision / Disability / Life)

• Paid time off and 13 paid holidays

• 401(k) retirement plan

• Healthcare and Dependent Care Flexible Spending Accounts (FSAs)

• Access to HSA-compatible plans

• Pre-tax commuter benefits

• Employee Assistance Program (EAP), free therapy through SpringHealth, acupuncture, and other wellness offerings

Flow is proud to be an equal opportunity workplace and hires regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity and/or expression, pregnancy, Veteran status any other characteristic protected by federal, state or local law. In addition, we provide reasonable accommodation for qualified individuals with disabilities.