- Where
- City Office Dallas (Old Parkland), Dallas, TX
- Level
- Senior
ABOUT GREYSTAR
Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $350 billion of real estate in more than 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $34 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com .
JOB DESCRIPTION SUMMARY
Greystar’s Asset Management team is responsible for the strategy and business plan execution of a large portfolio of institutional quality multifamily properties, with a sharp focus on value-add execution and driving returns for our investors. The Senior Associate, Investment Asset Management leads the execution, development, and implementation of strategies and programs that enhance financial and operational performance, synthesizing operational results and market data to identify and drive opportunities that create measurable value across the portfolio.
JOB DESCRIPTION
Partners across functions including acquisitions, property operations, portfolio management, capital projects, and accounting to drive the investment performance of Greystar's owned asset portfolio.
Leads the creation of detailed pro-forma and Excel-based financial models, and gathers, compiles, investigates, and analyzes market data to identify market trends. Prepares and presents narrative memoranda, detailed reports, and market summaries that provide insights on property-level and market trends to internal stakeholders.
Leads the development of investment committee memos, financing and disposition recommendations, and asset updates, incorporating input from cross-functional partners and presenting findings to senior team members.
Establishes and maintains productive relationships with local market brokers, institutional and equity partners, lenders, regional property management, and other key stakeholders, serving as a primary point of contact for day-to-day transaction communications.
Develops documentation and recommendations on key findings that may affect the return and financial performance of the assets and independently identifies issues that could impact portfolio performance.
Participates in the disposition process including broker coordination and due diligence of assets under contract. Performs valuation analysis and independently develops and presents recommendations based on key findings affecting asset return and financial performance. Establishes critical timelines and deadlines for transaction-related tasks and proactively identifies and resolves issues that could adversely affect closing.
Monitors and communicates the status and progress of comparable sales transactions and competitive property deliveries within the assigned geographic region, providing market context and implications to senior leadership.
Leads process improvement initiatives with internal teams and external parties to increase revenue, reduce operating expenses, promote efficiencies, and improve overall portfolio performance. Leads the evaluation of rent structures and leasing velocity.
Serves as a key resource for business leaders, fielding complex questions and requests and providing data-driven recommendations rather than reactive support.
Oversees the monitoring, reporting, and proactive problem-solving of the assets within the assigned geographic region and may guide or review the work of junior team…