Real Estate Associate - Asset Management and Acquisitions

Empire Management

Manhattan, NY

Salary Estimate: $100,000.00 - $124,999.00

Employment Type: Full Time

Work Place: Office

Experience Required: 2+ to 5 years

Education Required: 4 Year College

Benefits

Job Description

Position Overview:
We are seeking a Real Estate Associate to join our investment team with a primary focus on asset management and a secondary focus on acquisitions. The ideal candidate will have 4–6 years of real estate experience or 2–4 years with an advanced degree, and a strong background in multifamily and/or hospitality assets.
This role offers the opportunity to contribute meaningfully to the strategic management of a diverse portfolio—including ~1,500 multifamily units, office and industrial holdings, and a newly developed lifestyle hotel brand—with exposure to ongoing recapitalization and future acquisitions.

Key Responsibilities:
  • Lead asset management for a multifamily portfolio of ~1,500 units, including budgeting, capital planning, and operational performance oversight
  • Support asset management of two office properties and an industrial asset currently undergoing ULURP
  • Oversee financial and investment reporting for a newly opened hotel property, including support for final construction wrap-up and a targeted recapitalization within 15 months
  • Assist with underwriting and diligence for new acquisitions, particularly in the hospitality sector

Qualifications:
  • 4–6 years of real estate experience (or 2–4 years with a Master’s in Real Estate, Finance, or a related field)
  • Strong financial modeling and Excel skills
  • Experience with tools such as Argus, CoStar, or STR preferred
  • Excellent organizational, analytical, and communication skills
  • Proven ability to manage projects and drive value in a lean team environment

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