Job Description

Company Overview

Jair Lynch Real Estate Partners ("JL" or "Jair Lynch") is a leading real estate investment and development firm specializing in the transformation of walkable urban places. With a strong focus on creating extraordinary places, JL has successfully acquired, developed, and managed a diverse portfolio of residential, commercial, and neighborhood assets. We are committed to fostering a culture of creativity, teamwork, diversity, and excellence while continuously improving everything we do.

Job Summary

We are seeking an enthusiastic and detail-oriented Asset Management (“AM”) Analyst to join our team. In this role, you will provide crucial support and assistance to asset management projects. Your responsibilities will involve understanding reporting and compliance deadlines and deliverables, streamlining processes, tracking expenses, and preparing reports. Your contribution will help optimize our asset management practices and drive the success of our real estate portfolio.

Duties & Responsibilities

• Support and assist in asset management, collaborating with cross-functional teams to ensure operational efficiency and adherence to business objectives.
• Ensure financial and compliance reports are filed timely and accurately with all outside capital providers, including LIHTC investor, gap lenders, state housing and finance agencies, lenders, and others as appropriate.
• Monitor all property manager correspondence to ensure they are delivered timely and prepared according to Jair Lynch standards.
• Assist with quarterly and annual reporting for part investors, lender, and partners.
• Assist in coordinating the annual budget process by ensuring all teams adhere to timelines, along with creating and deploying initiatives to improve overall efficiency of the budgeting process.
• Review and summarize key contracts, leases, loan documents, and closing materials with assistance from project counsel, supervisors, and AI tools.
• Stay on top of insurance renewals and coordinate renewals with the team.
• Work with outside tax consultants and AM team to file authorization forms annually, income and expense form, and follow-up documentation as required during the tax appeal process.
• Coordinate monthly and quarterly site visits for both internal AM staff, as well as lender, equity, and other capital partners.
• Oversee data quality for the AM team’s operating database.
• On cap ex projects, coordinate contract execution, change order processing, draw processing, and site visit coordination as needed.
• Work alongside the capital improvement team to explore and evaluate different incentive programs to deploy across the portfolio (ie MEEHA)
• Help monitor all sustainable initiatives including DC’s Building Energy Performance Standards (‘BEPS”) program.
• Monitor and track operating performance versus underwriting assumptions and annual budgets.
• Support efforts to identify strategies to improve net operating income and long-term asset value.
• Support financial modeling and underwriting for multifamily acquisitions and dispositions.
• Conduct market research and analyze rent rolls, operating statements, and comparable property performance.
• On refinancing and financial closing (acquisitions and dispositions), help manage due diligence gathering and dissemination, signatures, wiring instructions, closing binder creation, and other relevant tasks.
• Participate in the preparation of materials for property sales, including data rooms, offering memoranda, and broker coordination.

Competencies

• Strong organizational skills
• Strong project management skills
• Meticulous attention to detail and the ability to work on multiple projects at the same time
• Excellent communication skills, both written and verbal, with the ability to effectively collaborate with cross-functional teams and stakeholders.
• Proactive and persistent in problem-solving, actively seeking opportunities for process improvement
• Effective time management and task prioritization, ensuring timely completion of assigned responsibilities
• Customer service orientation, with a focus on meeting internal and external stakeholder needs
• Strong cultural fit with the company values and team dynamics

Requirements

• Bachelor's degree
• Entry-level position with a minimum of 2 years of related experience as a real estate analyst, paralegal, loan processor, or similar role
• Proficiency in the Microsoft suite of Office 365 products

Benefits

We offer a competitive compensation package and a positive work environment that encourages professional growth and development. Specific benefits include company-matched 401K, comprehensive health plans, paid parental leave, transportation benefits, group life & personal accident insurance, and ongoing educational support.

Job Tags

Similar Jobs