Asset Management Associate -Multifamily

Job Description

Job Description

Our Company :

Quarterra is a real estate investment and development company shaping the future of rental living through thoughtfully designed multifamily and single-family communities across the United States. We combine national scale with local expertise to deliver purpose-built, high-quality homes in the nation’s most dynamic, high-growth markets. A key driver of our strategy is the continued growth of our Emblem portfolio, a collection of attainably priced communities that integrate efficient design, modern amenities, and strong investment fundamentals. These communities are strategically positioned to meet the evolving needs of today’s renters while advancing Quarterra’s vision for sustainable, resilient, and diversified housing solutions. At Quarterra, you’ll join a collaborative, values-driven culture built on quality, integrity, communication, and teamwork. Bold ideas are encouraged, growth is prioritized, and every contribution helps shape the future of residential living. This is a place to build a meaningful career and make a lasting impact.

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 internal and external compliance, reporting standards and partner communication.

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.
• Assist in setting rents 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 :

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.