Job Description

RETS Associates, on behalf of our client, a fully integrated real estate investment and asset management company with a dedicated special servicer, is seeking an Asset Management Associate in Santa Monica, CA.
RESPONSIBILITIES:

• Build and maintain financial, valuation, and sensitivity models for real estate assets and debt investments, utilizing Excel and Argus to determine NPV and IRR.
• Direct preparation of quarterly business plans, including leasing strategies, operating budgets, capital improvement plans, and monetization strategies.
• Model strategic hold/sell recommendations and assist with asset disposition processes.
• Oversee business plan execution, working with joint venture partners, leasing teams, and property managers to ensure performance aligns with objectives.
• Assist in preparing quarterly reports, valuations, and capital improvement strategies, including vendor selection and contract negotiations.
• Provide periodic reporting for senior management, joint venture partners, lenders, and investor relations.
• Support due diligence efforts on potential acquisitions, including legal, financial, and physical reviews.

REQUIREMENTS:

• Bachelor's Degree from an accredited four-year university.
• 2-4 years of experience in institutional real estate asset management or acquisitions.
• Strong analytical background in commercial real estate (multifamily, office, retail, mixed-use) across acquisitions, asset/portfolio management, or real estate finance.
• Advanced financial modeling and forecasting skills with the ability to generate actionable insights.
• Knowledge of key construction and development processes.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong communication and organizational skills for presenting analyses and recommendations.
• Proficiency in Excel, Word, PowerPoint, and Argus.

Comp: $120k+ DOE plus bonus
Client offers a strong benefit package (medical, dental and vision insurance, 401k, disability and life insurance).

Skills Required