Associate, Asset Management Jobs

Position Summary:

Bonaventure is looking for an Asset Management Associate to help oversee its Private Real Estate Fund investments. This role is accountable for assisting in driving and creating value for our existing and growing portfolio of multifamily properties. You will be constantly evaluating our portfolio’s assets and their performance. In this position, you will report to the Portfolio Manager and have a vital role in identifying and executing various strategies to maximize asset and portfolio value. This role works in close collaboration with the Capital Markets, Acquisitions, and Debt & Dispositions departments to execute investment management strategies and decisions.

What you do:

• Regular use of Excel models to support and analyze decision making
• Monitor asset performance on a weekly, monthly, and quarterly basis by reviewing leasing and financial trends, holding calls with Property Management to discuss strategy, issue management, and planning
• A highly motivated self-starter who can work independently without planned support and is driven through intellectual curiosity with superior time management, prioritization and professional vertical and horizontal communication skills
• Assist the acquisitions team in reviewing their underwriting to further validate performance assumptions
• Ability to analyze large quantities of data and summarize relevant information
• Assist with tax oversight, assist with insurance claims and legal issues, work with our Debt & Dispositions team on lender compliance items.
• Constant drive to improve performance
• Discuss asset needs and assist in providing credit/equity recommendations
• Review financial, operational, and market results for the portfolio vs. budget and historical performance
• Support and execute comprehensive strategies to manage all properties to Peak Performance (identify and execute value-add strategies, identify operational efficiencies, maximize the value of each asset and ensure actions are executed by our Property Management)
• Support the investment management of all its Private Real Estate Fund investments, driving alpha for the existing 18-property, ~$1.0bn GAV portfolio and all future investments.
• Assist with the annual budgeting and quarterly reforecasting process for existing and new assets

Our Core Values:

Growth - We create enduring value by continuously moving forward, innovating, and improving.

Attitude - We display and motivate others with our positive attitude and driven work ethic.

Collaboration - We do our best work when we work together. Every individual is encouraged to contribute because our next great idea can come from anyone.

Impact - Our effort produces measurable, meaningful results.

Accountability - We take personal ownership for our actions, commitments, and performance.

Reputation - Nothing is more important than our reputation.

About Bonaventure:

Founded in 1999, Bonaventure is a private equity real estate company headquartered in Alexandria, VA. Bonaventure specializes in multifamily design, development, construction, redevelopment, asset management and property management, primarily in the Mid-Atlantic and Southeastern US. Bonaventure is fully integrated to oversee every phase of the acquisition, management, and disposition of our properties. With over $1.75 billion in transactions, $500 million worth of HUD loans, 7,500 residents, and 225 employees, Bonaventure boasts a full suite of multifamily property management and investments capabilities, a Class A construction company, and a portfolio of apartment homes in 2 states and 26 communities.

Bonaventure is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Bonaventure is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Bonaventure are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Bonaventure will not tolerate discrimination or harassment based on any of these characteristics. Bonaventure encourages applicants of all ages.