What are the responsibilities and job description for the Analyst, Asset Management position at Lincoln Avenue Communities?
About Lincoln Avenue Communities
Welcome to Lincoln Avenue Communities (LAC)! We are a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As a developer, investor, and operator, we provide sustainable, high-quality homes for lower- and moderate-income individuals, seniors, and families across 29 states. With a portfolio encompassing 160 properties and 20,000 units, we are committed to creating lasting impacts on the lives of our residents and the communities we serve.
About This Role
Lincoln Avenue Communities (LAC) is seeking an Asset Management Analyst to join our experienced team of real estate professionals who manage a diverse portfolio of affordable multi-family housing properties across the United States. LAC has a robust pipeline of property acquisitions and an aggressive plan to grow its national portfolio. The Asset Management Analyst will utilize their analytical skills to complete routine asset management tasks and portfolio analysis to ensure the long-term health of LAC's growing portfolio. This position provides operational support to our regional asset management teams, Finance, and development. As an expertly managed, well-capitalized, and rapidly growing organization, LAC offers excellent career growth opportunities. This role is an outstanding opportunity for a CRE, finance, or accounting entry-level professional eager to learn and grow in the affordable housing and multi-family industry and it provides exposure to an experienced leadership team.
This role is fully remote; however, applicants must reside locally in Tennessee, and ideally in Knox County.
Requirements
What You'll Do
What We Offer
The expected base salary for the role is $85,000 - 90,0000. This represents the current range and is subject to change. To determine starting pay we carefully consider a variety of factors, including primary work location and an evaluation of a candidate's skills, experience, market demands, and internal parity. Our comprehensive total rewards package offers more than just a salary.
Benefits include:
Welcome to Lincoln Avenue Communities (LAC)! We are a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As a developer, investor, and operator, we provide sustainable, high-quality homes for lower- and moderate-income individuals, seniors, and families across 29 states. With a portfolio encompassing 160 properties and 20,000 units, we are committed to creating lasting impacts on the lives of our residents and the communities we serve.
About This Role
Lincoln Avenue Communities (LAC) is seeking an Asset Management Analyst to join our experienced team of real estate professionals who manage a diverse portfolio of affordable multi-family housing properties across the United States. LAC has a robust pipeline of property acquisitions and an aggressive plan to grow its national portfolio. The Asset Management Analyst will utilize their analytical skills to complete routine asset management tasks and portfolio analysis to ensure the long-term health of LAC's growing portfolio. This position provides operational support to our regional asset management teams, Finance, and development. As an expertly managed, well-capitalized, and rapidly growing organization, LAC offers excellent career growth opportunities. This role is an outstanding opportunity for a CRE, finance, or accounting entry-level professional eager to learn and grow in the affordable housing and multi-family industry and it provides exposure to an experienced leadership team.
This role is fully remote; however, applicants must reside locally in Tennessee, and ideally in Knox County.
Requirements
What You'll Do
- Analyze a regional portfolio to support investments performance in accordance with the business plan to meet or exceed expected returns.
- Collects, analyzes, and prepares data in the management of current assets.
- Assist in financing and acquisition of real estate transactions.
- Conduct financial analysis and due diligence for current and potential projects.
- Review and analyze property performance and assists with preparing reports for regional asset management teams and third-parties as necessary.
- Coordinating quarterly and other periodic reporting to ensure timely, accurate, consistent, and complete deliverables.
- Refine risk management systems, policies, and tools as directed.
- Maintain organized filing systems and databases to ensure integrity of data and documentation.
- Works on specific projects for profit improvement, cost reduction and systems enhancements across the portfolio.
- Work closely with asset management team to support execution of the business' vision and strategic plan.
- Assists with ad-hoc/special projects and tasks as needed.
- Bachelor's degree in business, finance, urban planning, real estate development, or related field.
- 0-2 years of experience in commercial real estate (CRE), affordable housing, asset management, financial analysis, or a related field preferred.
- Adaptability and eagerness to learn, especially in a fast-paced, growth-oriented environment.
- Strong analytical skills with experience in financial modeling, data collection, and reporting.
- Excellent communication skills, both written and verbal, with an ability to present findings to internal and external stakeholders.
- Highly organized with attention to detail and experience managing multiple tasks and priorities.
- Team-oriented mindset with a demonstrated ability to collaborate across departments, including finance, construction, and development teams.
What We Offer
The expected base salary for the role is $85,000 - 90,0000. This represents the current range and is subject to change. To determine starting pay we carefully consider a variety of factors, including primary work location and an evaluation of a candidate's skills, experience, market demands, and internal parity. Our comprehensive total rewards package offers more than just a salary.
Benefits include:
- Performance-based bonuses
- 100% fully paid medical, dental, and vision coverage for you and your dependents
- 401(k) plan with employer matching and immediate vesting
- Life and disability insurance
- Generous PTO, holidays, and sick time
- Paid parental leave
- Employee referral incentives
- Fun company and team-building events
- Continuous learning and development opportunities
Salary : $85,000 - $900,000
