Asset Management Associate Position Available In Mecklenburg, North Carolina

Asset Management Associate Quarterra Group – 3.2

Charlotte, NC Job Details Full-time Estimated:

$65.2K – $80.3K a year 9 hours ago Qualifications Microsoft PowerPoint Microsoft Word Power BI Microsoft Excel Writing skills Mid-level Finance Master’s degree Bachelor’s degree Real Estate Computer skills Communication skills Time management

Full Job Description Our Company:

Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (

NYSE:

LEN and LEN.B) is a multi-strategy, real estate focused, alternative asset management company comprised of two rapidly growing verticals: Multifamily and Single-Family Rental. Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation’s most active developers, builders, and managers and has been on the National Multi-Housing Council’s (NMHC) annual Top 50 list for eight consecutive years. Quarterra Single-Family Rental launched in 2020 to provide individuals, couples, and families who prefer to rent over home ownership the opportunity to live in exceptional neighborhoods with great amenities. For additional information, please visit Quarterra.com.

Our Company:

Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (

NYSE:

LEN and LEN.B) is a multi-strategy, real estate focused, alternative asset management company comprised of two rapidly growing verticals: Multifamily and Single-Family Rental. Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation’s most active developers, builders, and managers and has been on the National Multi-Housing Council’s (NMHC) annual Top 50 list for eight consecutive years. Quarterra Single-Family Rental launched in 2020 to provide individuals, couples, and families who prefer to rent over home ownership the opportunity to live in exceptional neighborhoods with great amenities. For additional information, please visit Quarterra.com.

Summary of Position:

The Asset Management Associate will assist in all aspects of the Company’s investments activities, and work with property management, regional development offices, Controllers, and the Investments team to ensure a proactive approach to executing business plans.

Principal Duties and Responsibilities:

Assist Senior Asset Managers in setting and implementing property level business plans to maximize property value by meeting or exceeding underwriting assumptions. Running revenue management calls and managing the renewal process. Provide analytical support on a wide variety of assignments including cash flow modeling and reforecasting, review of property operating statements and market research. Support appraisals, valuations, and disposition processes. Analyze financial data and reports against budgets and financial benchmarks. Track historical income and expense data. Analyze granular month by month lease-up strategies. Manage monthly and weekly reporting utilizing BI platforms. Manage monthly and weekly reporting. Collaborate with other internal business units to analyze vacancy, absorption, rental rates, and sales. Assist in underwriting of new development or acquisition opportunities.

Education and Experience Requirements:

Bachelor’s degree in Finance, Real Estate, and/or Economics. Master’s degree in Finance, Real Estate and/or Economics preferred. 2-3+ years of experience in real estate finance, preferably with multifamily background. Advanced Microsoft applications experience (Excel, PowerPoint, Word). Experience with BI platforms, Power BI preferred. Excellent organizational, interpersonal, quantitative, writing and communication skills. Strong time management skills, with the ability to manage a variety of tasks and timelines at simultaneously.

Physical Requirements:

This is primarily a sedentary office position which requires the Asset Management Associate to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary. This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the associate. Duties, responsibilities, and activities may change at any time with or without notice. Quarterra Group is an Equal Opportunity Employer that prides itself on diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, pregnancy or related condition, protected status, or any other status prohibited by applicable national, federal, state or local law. Quarterra Group believes diversity and inclusion among our Associates is critical to our success and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.