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Associate, Asset Management

Newport Beach, California ;
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ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in nearly 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages over 1,000,000 units/beds globally, and has a robust institutional investment management platform comprised of nearly $78 billion of assets under management, including over $35 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.


JOB DESCRIPTION SUMMARY

The Asset Management Associate plays a key role in enhancing the financial and operational performance of multifamily development assets. This individual drives execution by analyzing operational results, synthesizing market data, and supporting strategy development across the portfolio. The role involves close collaboration with investment, finance, and property management teams, as well as external partners, to identify opportunities, mitigate risk, and optimize asset value.

JOB DESCRIPTION

  • Build detailed Excel-based pro formas and financial models to evaluate asset performance, leasing trends, and development scenarios. Conduct property- and market-level financial analysis to drive strategic decision-making.

  • Gather and interpret market data, trends, and property-level performance indicators. Develop market summaries, strategic memos, and reporting tools to support ongoing asset oversight.

  • Assist in preparing investment committee memos, refinancing packages, and disposition recommendations. Lead or support the disposition process including broker engagement, due diligence coordination, and valuation analysis.

  • Establish and maintain strong relationships with brokers, equity partners, lenders, and internal stakeholders. Serve as a key point of contact for asset-related communications and performance updates.

  • Monitor regional portfolio performance and project deliveries. Develop and track timelines, identify risks to deal execution, and propose solutions to ensure asset goals are met.

  • Collaborate with internal and external teams to implement initiatives aimed at increasing revenue, reducing operating costs, and improving overall asset efficiency. Evaluate rent structures and leasing velocity to inform pricing strategies.

  • Support the preparation of annual business plans, including operating budgets, tax forecasts, and hold/sell analyses. Perform ad hoc reporting and support bi-annual portfolio revaluations.

  • Provide peer training on modeling standards and reporting practices. Assist asset managers with benchmarking, reforecasting, and strategic plan development.

Basic Qualifications

  • Bachelor's or Master's degree in Finance, Real Estate, Economics, Accounting, or a related field (preferred).

  • Minimum 3 years of relevant experience in real estate finance or asset management.

  • Strong financial modeling and analytical skills, effective written and verbal communication, and the ability to manage multiple projects in a fast-paced environment.

  • Collaborative mindset with a strong sense of ownership, initiative, and attention to detail.

The salary range for this position is $128,000-160,000.

#LI-AM1

#LI-Onsite

Additional Compensation:

Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.

  • Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.

  • Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Robust Benefits Offered*:

  • Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.

  • Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.

  • For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.

  • 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).

  • 401(k) with Company Match up to 6% of pay after 6 months of service.

  • Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).

  • Employee Assistance Program.

  • Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.

  • Charitable giving program and benefits.

*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

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