Real Estate Asset Coordinator

2 hours ago


San Pedro, California, United States Tripalink Real Estate Full time
Job Title: Property Investment Finance Assistant

Join Tripalink Real Estate as a Property Investment Finance Assistant and contribute to the success of our multifamily investment portfolio. As a key member of our team, you will play a crucial role in managing our investment portfolio, supervising affordable housing projects, and conducting financial analysis to drive business growth.

Responsibilities:
  • Assist in managing our investment portfolio of over 85 projects, with a total valuation of over $700M across different states.
  • Supervise affordable housing projects related to leasing and financing, ensuring compliance with regulatory requirements.
  • Conduct financial analysis of development assets, including the creation of detailed pro-forma and financial models, to assess property performance relative to business plan targets.
  • Analyze market data to identify trends and prepare narrative memos and detailed reports to inform business decisions.
  • Review and approve maintenance repairs from third-party property managers or vendors, ensuring timely and cost-effective resolution.
  • Manage the ownership/property management relationship by providing regular communication, clear direction, and effective issue resolution.
  • Review and finalize annual budgets, ensuring alignment with business plan targets and market standards.
  • Monitor financial budgeted-to-actual variances and operational performance, identifying areas for improvement and implementing corrective actions.
  • Collaborate with external consultants and communicate financial results to investors and lenders as needed.
  • Oversee cash management, including tracking capital expenditures, managing reserve balances, and disbursing funds to lenders.
  • Assist in the disposition process for properties placed on the market for sale, including broker selection, marketing material review, and due diligence management.
Requirements:
  • Bachelor's degree in finance, business administration, real estate, or a related field.
  • 3+ years of experience in real estate or financial related roles, preferably in multifamily.
  • Experience with affordable housing, such as LIHTC.
  • Proficiency in Excel, Appfolio, Juniper Square, and CoStar.
  • Excellent presentation and communication skills.
What We Offer:
  • Excellent working environment with a dynamic and ambitious team.
  • Great team experience and opportunities for growth and development.
  • Regular team-building activities and networking opportunities.
  • Free community event entrance and leadership cultivation.
  • Opportunities for rotation among departments and locations.


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