Asset Management Analyst Multifamily Real Estate

Bluecore Residential is seeking an Asset Management Analyst to support budgeting, underwriting analysis, and operational performance monitoring across its multifamily portfolio. The role offers direct exposure to founders and senior leadership, with a pathway into asset management or acquisitions.

Location: Remote

Responsibilities

• Prepare monthly and quarterly variance-to-budget analyses, decomposing variances into operational drivers, market conditions, and comparable property performance.
• Maintain and enhance market comp sets; track submarket rent, occupancy, and concession data.
• Partner with Property Management to identify performance gaps, validate budget assumptions, and track corrective action plans.
• Build and maintain Excel models and reporting tools for budget-vs-actual tracking, trend analysis, and portfolio rollups.
• Extract and analyze property management system data to support reporting and analysis.
• Analyze underwriting budgets and operating assumptions for multifamily assets.
• Support investment reporting materials, including memos, return analysis, and scenario modeling.
• Assist in due diligence processes, including review of third-party reports and financial data.
• Support the annual budgeting process by building, modeling, and stress-testing property-level operating budgets.
• Support investor reporting with asset-level performance narratives and schedules.
• Assist with hold/sell analyses, refinancing support, and business plan updates.
• Leverage AI tools to streamline analysis, underwriting, reporting, and workflows.
• Help develop and refine internal processes to improve efficiency and scalability.
• Identify opportunities to automate recurring analyses and enhance data quality.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, Business, or related field.
• 1-4 years of experience in multifamily or commercial real estate, including asset management, property accounting, acquisitions, FP&A, or valuation/appraisal.
• Strong financial modeling skills in Excel, including building and auditing models.
• Familiarity with multifamily operating statements and key metrics, including NOI, economic occupancy, trade-outs, and expense ratios.

Benefits

• Performance bonuses.
• Unlimited paid time off.
• Mentorship from experienced professionals.
• 10 paid holidays.
• 8 hours paid volunteer time.
• 25% rent discount for employees.
• Comprehensive insurance benefits including medical, dental, vision, STD, LTD.
• 401K with 25% company match up to 6%.
• Travel and personal discounts with rental cars, Verizon, Expedia.
• Reimbursement for industry certifications.
• Innovative internal software and transparent culture.