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Bluestone Properties

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Asset Management Analyst – Multifamily Real Estate

Business AnalystBusiness AnalystFull TimeRemoteJuniorTeam 51-200Since 2004H1B No SponsorCompany SiteLinkedIn

Location

New York

Posted

2 days ago

Salary

0

Seniority

Junior

Bachelor Degree1 yr expEnglish

Job Description

Asset Management Analyst – Multifamily Real Estate

Bluestone Properties

• Prepare monthly and quarterly variance-to-budget analyses, decomposing variances into operational drivers (occupancy, lease trade-outs, renewals, controllable expenses), market conditions (rent trends, concessions, supply), and comparable property performance • Maintain and enhance market comp sets; track submarket rent, occupancy, and concession data to contextualize asset performance • 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 (Yardi or similar) to support recurring reporting and ad hoc analysis • Analyze underwriting budgets and operating assumptions for multifamily assets at acquisition and throughout the hold period • 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: build, model, and stress-test property-level operating budgets in partnership with Asset Management and Property Management • Support investor reporting with asset-level performance narratives and supporting schedules • Assist Asset Management with hold/sell analyses, refinancing support, and business plan updates as needed • Leverage AI tools (e.g., Claude, ChatGPT, Excel integrations) 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

Job Requirements

  • Bachelor's degree in Finance, Economics, Accounting, Business, or a related field.
  • You have 1-4 years of experience in multifamily or commercial real estate — asset management, property accounting, acquisitions, FP&A, or valuation/appraisal backgrounds all considered
  • You have strong financial modeling skills in Excel, including the ability to build and audit models
  • You have familiarity with multifamily operating statements and key metrics, including NOI, economic occupancy, trade-outs, and expense ratios
  • Preferred Requirements:**
  • You have exposure to AI tools for investment workflows
  • You have experience with Yardi, RealPage, Entrata, or comparable property management systems

Benefits

  • Performance Bonuses**- Our corporate team participates in performance-based bonuses.
  • Paid Time Off**- Unlimited DTO starting upon hire.
  • Mentorship- **Work with an experienced team of multifamily investment professionals.
  • Holiday Pay**- 10 full paid holidays.
  • Paid Volunteer Hours**- 8 hours of paid volunteer time you can use throughout the year.
  • Housing Discounts**- 25% off rent available for all employees off any unit.
  • Comprehensive Insurance Benefits**- Medical PPO, HDHP, FSA, HSA with employer match, Dental, Vision, STD, & LTD.
  • Retirement Plan**- 401K with a 25% company match up to 6%.
  • Travel & Personal Discounts**- Company rate National/Enterprise rental cars for leisure travel, plus additional discounts with Verizon (18% discount) and Expedia (10% discount).
  • Certification Reimbursement**- Full reimbursement for approved industry related certifications, including CAM, CPO, EPA, and more!
  • Tech Forward & Transparent Culture**- Innovative internal software to make your job easier!
  • Cultural Appeal**- We run on transparency and healthy debate (No Fear of Conflict); you are encouraged to appeal and share what is not working well. Your voice truly matters!
  • EOE

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