What are the responsibilities and job description for the Associate, Asset Management - Housing position at Clarion Partners?
Clarion Partners has been a leading real estate investment manager for over 40 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. Clarion Partners offers a broad range of real estate strategies across the risk / return spectrum to approximately 500 institutional investors across the globe. Clarion Partners operates independently as a Specialist Investment Manager owned by Franklin Templeton (FT), a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals.
Responsibilities :
Primary responsibilities will include assisting with asset management duties including modeling, portfolio analysis and reporting, property valuation and performance analysis, lease analysis and special projects with a primary focus on the Housing sector. Up to 25% of the associate's time may be spent on acquisition, portfolio management, or research tasks.
- Review annual operating budgets and assist in annual business plan preparation and presentation.
- Monitor and analyze the financial performance of the properties and portfolios.
- Maintain portfolio models.
- Assist with preparation and review of portfolio level and client reports.
- Maintain property valuation files.
- Analyze leasing, occupancy, and renovation trends.
- Participate in regular operations, leasing and market discussions with property teams and industry professionals.
- Ensure assets are being operated in a manner consistent with third-party management agreements, joint-venture operating agreements, loan documents, etc.
- Assist with financing and disposition transactions as well as due diligence related to potential acquisitions.
- Prepare ad-hoc reports when needed.
- Assist with special projects as needed.
Qualifications :
If based in Los Angeles, the base salary range for this position is USD $110,00.00 - $130,00.00. Actual base salary offered will be determined by several components including but not limited to the candidate's experience, job-related knowledge, and qualifications. Base salary does not include other forms of compensation or benefits offered in connection with the advertised role. Total compensation may vary based on role, location, and individual performance. For roles located outside of Chicago, please disregard the posted salary range as these roles will follow a separate compensation process based on the local market.
We offer generous benefits designed with the health and financial welfare of our employees and their families in mind, including highly competitive and expansive health care coverage, a comprehensive 401K, company-sponsored volunteer opportunities, individual volunteer time off, parental leave and childcare programs, as well as other benefits and discount purchase programs.
Clarion Partners is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.
By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. Clarion Partners offers generous benefits designed with the health and financial welfare of our employees and their families in mind, including highly competitive and expansive health care coverage, a comprehensive 401K, company-sponsored volunteer opportunities, individual volunteer time off, parental leave and childcare programs, as well as other benefits and discount purchase programs.
Clarion Partners is committed to fostering a diverse and inclusive environment. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.
Salary : $11,000 - $13,000
