Manager, Asset Management

Manager, Asset Management

AvalonBay Communities, Inc., an equity REIT, has a long-term track record of developing, redeveloping, acquiring and managing distinctive apartment homes in some of the best U.S. markets, and delivering outsized, risk-adjusted returns to shareholders. With equal parts experience and vision, we've established a leadership position rooted in our purpose of creating a better way to live and that is always focused on building value for the long term. Creating a better way to live is the purpose that binds AvalonBay associates. We take that purpose seriously and expect you will as well. By focusing on collaboration, innovation, and taking ownership of our choices and actions, we act in ways that focus on creating value for our customers, investors and associates. Your positive, professional, and consistent personal interactions make AvalonBay a great place to work.

AvalonBay Communities is hiring a Manager of Asset Management to support a portfolio of apartment communities across the Mid-Atlantic and Southeast. In this role, you'll provide financial analysis, reporting, and operational support that helps drive property performance and long-term value.

You will partner with internal teams across Investments, Development, Construction, Operations, Finance, and ESG to monitor performance, prepare analyses, and ensure smooth execution of asset management processes.

Financial Analysis & Reporting :

• Prepare property and portfolio-level financial models and analyses (discounted cash flow, IRR, equity multiple, etc.)
• Develop and maintain 10-year cash flow models, codifying sell / hold strategies, risk assessments, and value-creation opportunities
• Conduct Asset Strategy Reviews (ASRs), leading SWOT discussions with business partners

Performance Tracking & Capital Planning :

Market Research & Valuation :

Collaboration & Process Support :

What We're Looking For :

Strong financial and analytical skills with Excel proficiency. Experience in valuation and underwriting is a plus

Ability to identify value-creation opportunities and mitigate risk

Ability to prepare clear reports and presentations

Strong attention to detail and organizational skills

Collaborative mindset and willingness to learn new tools (Power BI / Tableau a plus)

How AvalonBay Supports You :

We know that our teams are the beating heart of our success and we're committed to showing our appreciation.

We offer :

Comprehensive benefits health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more.

Growth based on achievement and promotion from within.

Associate recognition (a company-wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization including destination awards, 'AvalonBay's Very Best' recognition program and others!).

A 20% discount on our incredible apartment homes.

A culture built on purpose and our core values - A Commitment to Integrity, A Spirit of Caring, and A Focus on Continuous Improvement.

AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated.

AvalonBay makes employment decisions without regard to a person's race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law.

For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice.