Asset Management Department - Asset Management… at Morgan… · 227…

Summary: Morgan Properties is a national real estate investment and management company headquartered in Conshohocken, Pennsylvania. The Asset Management Associate plays a pivotal role in driving the performance of multifamily properties by providing critical financial reporting and supporting the execution of renovation and business plans. Responsibilities: - Assist the assigned Asset Manager with the day-to-day asset management of a portfolio of 20+ multifamily properties across multiple markets - Monitor property-level performance and flag key issues or risks requiring strategic discussion or corrective action - Participate in due diligence efforts during acquisitions and dispositions by preparing reports, gathering documentation, and contributing to transaction execution - Prepare and review lender, investor, and partner reports, including quarterly updates, internal dashboards, and custom reports as needed - Analyze monthly financial statements to ensure accuracy and coordinate with the accounting team on reclassifications or corrections - Contribute to monthly performance calls with revenue management and other internal stakeholders, supporting decisions with data-driven insights - Lead the construction draw process to recover capital expenses related to renovation programs and lender-required improvements (30%+ of role) - Track and monitor annual business plans, capital projects, and immediate repair items. Support project timelines, budgets, and reporting requirements - Communicate with lenders and partners to schedule site inspections and respond to performance-related inquiries - Collaborate with internal departments (e.g., property management, accounting, acquisitions) to ensure information sharing and seamless execution - Support ad hoc financial and operational analysis projects to inform strategy or improve processes - Travel to property sites occasionally (<10%) for inspections, meetings, or project reviews - Adapt to evolving business needs and take on responsibilities beyond the core scope as required Required Qualifications: - Bachelor's degree in Real Estate, Finance, Accounting, Business, or a related field - 0–2 years of real estate experience, preferably in multifamily asset management, acquisitions, or real estate finance - Demonstrated ability to manage multiple priorities in a fast-paced, dynamic environment with limited supervision - Strong written and verbal communication skills, with the ability to clearly present financial data and findings - Advanced Excel proficiency with the ability to build and maintain financial models and large-scale data spreadsheets Required Skills: Financial Analysis, Project Coordination, Strategic Execution, Financial Reporting, Excel, Financial Modeling, Real Estate Finance, Multifamily Asset Management, Capital & Construction Management Benefits: Employee referral payment program, Educational Enhancement Program, Tuition Reimbursement, Medical, Dental, and Vision benefits, Life/ AD&D Insurance, Paid Parental Leave, Long and short term disability, Retirement Plan - 401(k) Plan, Volunteer & Community Service Opportunities, Discount on an apartment at any one of our properties