What are the responsibilities and job description for the Asset Management Analyst position at Crescent Communities?
Crescent Communities is a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use "communities." We create high-quality, differentiated multifamily and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 85 multifamily communities and 24 million square feet of commercial space. Crescent Communities has offices in Charlotte, DC, Atlanta, Orlando, Nashville, Dallas, Denver, and Phoenix. Our multifamily communities are branded NOVEL, RENDER and HARMON by Crescent Communities, our industrial developments are branded AXIAL by Crescent Communities, and our life science developments are branded THE YIELD by Crescent Communities.
Job Summary
Reporting to the Vice President of Asset Management, this position will be responsible for supporting a growing portfolio of residential (Multifamily and Build-to-Rent) assets. This will require significant hands-on involvement at a detailed level through financial modeling, software administration, market research, and analyses to support Crescent's overall business plan(s). This individual can be located in any Crescent office listed above.
Essential Functions
Education and Experience
Minimum
Qualifications:
PHYSICAL DEMANDS
Communicate and converse to exchange informationAbility to operate a computer keyboard, phone, calculator and other office equipment with or without accommodationsSeeing to read a variety of materialsMust be able to remain in a stationary position for extended periods of timeMust be able to transport 10-25 lbs. (computer, files, etc.)Move about the office to access file cabinets, office machinery, etc. Ability to work under stressful, fast-paced conditions
Benefits
We offer a full benefits package starting day one that includes health, dental, vision, paid time off, paid holidays, 401k plan, paid STD/LTD, parental leave, charitable match, wellness subsidy, community involvement, summer hours, education reimbursement, employee assistance program, hybrid flexible schedules and much more!
WORK ENVIRONMENT
Professional office environment Flexible working hours are M-F, 8:00am – 5:00pm (alternate schedule may apply). Must have reliable transportation
Other Demands
Ability to travel to field locations and stay overnight, if required
Disclaimer/Other Duties
This document describes the position currently available and serves only as a summary of the typical functions of the job. It is not an exhaustive or comprehensive list of all possible job responsibilities. Tasks, responsibilities and duties of the jobholder may differ from those outlined. Other duties, as assigned might be part of the job. It is not an employment contract. Our company reserves the right to modify job duties or job descriptions at any time.
Crescent Communities, LLC is an Equal Opportunity Employer
An equal opportunity employer, Crescent Communities treats each individual fairly in all employment decisions without regard to race, color, gender, religion, age, sex, gender identity, national origin, sexual orientation, veteran, disability or any other protected status by federal or local law.
Crescent Communities, LLC participates in E-Verify
PI261436805
Job Summary
Reporting to the Vice President of Asset Management, this position will be responsible for supporting a growing portfolio of residential (Multifamily and Build-to-Rent) assets. This will require significant hands-on involvement at a detailed level through financial modeling, software administration, market research, and analyses to support Crescent's overall business plan(s). This individual can be located in any Crescent office listed above.
Essential Functions
- Performs analyses in support of the operating performance of the portfolio
- Conducts comprehensive market research by using a variety of sources to obtain data
- Initiates proforma model review with submarket rent survey and initial underwriting guidelines
- Manages disposition due diligence process
- Validates standard daily, weekly and monthly reports
- Prepares standard monthly equity/lender reports for review before distribution
- Assists with quarterly reporting of portfolio trends
- Maintains a quantitative resident feedback tool to reveal insights that better inform future projects.
- Maintains monthly absorption and leasing histories for each property
- Assists with managing telecom contract process
- Conducts administrative tasks for the asset management (including Build-to-Rent) team, to include
- Assists with data analytics as needed
- Special projects and other responsibilities as assigned
- Leading collection of due diligence materials and responding to buyer questions through DD process
- Reviewing prelims and providing feedback to PM teams
- Assistance with cash flow preparation
- Supplement AMT site visits, provide site audit reporting
- Address accuracy and consistence of daily and weekly reporting
Education and Experience
Minimum
Qualifications:
- Bachelor's degree in Finance, Business, or a related field; or equivalent experience
- 1-3 years of real estate asset management or property management (Multifamily preferred)
- Advanced knowledge of Microsoft Excel required; analytical software skills are a plus
- Basic financial modeling skills desirable
- Strong analytical problem-solving skills and quantitative skills
- Proven ability for writing and presentation skills, with the ability to analyze and present data
- Must be able to form and sustain strong relationships and work well in a collaborative team
- The qualified candidate will be detail oriented, able to multi-task, be extremely professional and
PHYSICAL DEMANDS
Communicate and converse to exchange informationAbility to operate a computer keyboard, phone, calculator and other office equipment with or without accommodationsSeeing to read a variety of materialsMust be able to remain in a stationary position for extended periods of timeMust be able to transport 10-25 lbs. (computer, files, etc.)Move about the office to access file cabinets, office machinery, etc. Ability to work under stressful, fast-paced conditions
Benefits
We offer a full benefits package starting day one that includes health, dental, vision, paid time off, paid holidays, 401k plan, paid STD/LTD, parental leave, charitable match, wellness subsidy, community involvement, summer hours, education reimbursement, employee assistance program, hybrid flexible schedules and much more!
WORK ENVIRONMENT
Professional office environment Flexible working hours are M-F, 8:00am – 5:00pm (alternate schedule may apply). Must have reliable transportation
Other Demands
Ability to travel to field locations and stay overnight, if required
Disclaimer/Other Duties
This document describes the position currently available and serves only as a summary of the typical functions of the job. It is not an exhaustive or comprehensive list of all possible job responsibilities. Tasks, responsibilities and duties of the jobholder may differ from those outlined. Other duties, as assigned might be part of the job. It is not an employment contract. Our company reserves the right to modify job duties or job descriptions at any time.
Crescent Communities, LLC is an Equal Opportunity Employer
An equal opportunity employer, Crescent Communities treats each individual fairly in all employment decisions without regard to race, color, gender, religion, age, sex, gender identity, national origin, sexual orientation, veteran, disability or any other protected status by federal or local law.
Crescent Communities, LLC participates in E-Verify
PI261436805
