Back to search results

Senior Analyst - Associate - Asset Management

Springer Capital, LLC

Multifamily

Philadelphia, PA

Salary Estimate: $125,000.00 - $149,999.00

Employment Type: Full Time

Work Place: Office

Experience Required: 2+ to 5 years

Education Required: 4 Year College

Job Description

Springer Capital, LLC (“Springer”) is seeking a Senior Analyst / Associate to join its Asset Management team. Springer is a pro-active real estate private equity firm focused on the opportunistic acquisition of multifamily properties across the Southeast. This position will work closely with the Asset Management and Investment teams to maintain and grow the portfolio, currently consisting of 7,000+ units.

RESPONSIBILITIES:

Review and analyze property level financial reporting vs. budget, including cash flow and expense analysis, risk factors, operational efficiencies, and re-forecasting.
Coordinate and prepare and present monthly financial reporting to internal investment team.
Track and execute property-specific capital projects and business plans with third-party property management teams.
Identify and implement income generating and cost reducing strategies.
Coordinate annual budgeting process between Springer and third-party property management, including Capex visits across the portfolio.
Oversee third-party property management with budget overage requests and related property vendors, ensuring performance and expenses are consistent with annual budget assumptions.
Maintain and update master data file to track relevant operating and capital expenses across all the portfolio to identify market and property specific cost saving opportunities.
Review, approve and help negotiate contracts with vendors and service providers.
Aggregate and summarize performance of each property across the portfolio for quarterly investor reporting.
Perform frequent asset management site visits to properties.

QUALIFICATIONS:

Minimum of 2-4 years of progressive, relevant experience in commercial real estate asset management or acquisitions. Institutional real estate experience preferred, not required.
Understanding of the macro and micro drivers of real estate values to monitor portfolio investments.
Strong financial modeling skills, and proven analytical abilities in real estate
Expert in Microsoft Excel and PowerPoint
Ability to work autonomously, be proactive, multi-task and work in a lean group
Strong work ethic, integrity, and ability to thrive in an unstructured environment
Excellent interpersonal, verbal, and written communication skills
Committed to delivery of highest quality work product and attention to detail
Ability to work under tight deadlines, effectively prioritize and handle multiple tasks

START DATE: Immediate

LOCATION: Philadelphia, PA (In-Person)

COMPENSATION: Competitive base salary and discretionary bonus commensurate with candidate's work experience

Asset Management

Financial Analysis

Property Management

Risk Management

Springer Capital, LLC

• 1-100 employees

Springer Capital, LLC is a proactive real estate private equity firm focused on the opportunistic acquisition of multifamily properties providing strong, risk-adjusted returns to its investors. With over 40 years of collective experience, Springer’s principals have a proven track record of success and a broad contact base of relationships within the real estate industry.

Springer’s principals have been involved with the management and direct investment of over $2 billion in real estate assets.

Our team of real estate specialists focuses on small to medium-sized value-add and re-development opportunities principally located in the eastern half of the United States. We have comprehensive experience in deal origination, underwriting, deal structuring, implementation of successful turnaround and development plans, and capitalizing on opportunistic disposition and monetization strategies.

We strive to serve our clients with a diverse offering of real estate investments that are value based and growth oriented.

Learn more about this company