Carroll Management Group LLC Hiring for Asset Management Associate Job at Atlanta, GA Full Time

We are growing and looking for an Asset Management Associate to join our team in Atlanta, GA!

CARROLL, a privately held real estate company, was founded in 2004. With headquarters in Atlanta, Ga., and regional offices in Dallas-Fort Worth, Raleigh, Denver, Tampa, and New York, CARROLL focuses on multifamily communities, including acquisitions, community and asset management services, ground-up development, and fund management. The Firm has raised more than $4.4 billion of equity through CARROLL-sponsored funds and joint ventures. CARROLL has successfully purchased, developed, or sold more than $20.4 billion in real estate.

The company manages more than 33,000 multifamily units across nine states representing $8.1 billion in assets under management and has purchased other multifamily owner/operators throughout the U.S. CARROLL has also developed student housing, single-family residential and retail communities and has managed more than $500 million in construction projects throughout the past 10 years. From due diligence to execution, CARROLL has the internal capabilities and the external relationships to identify, underwrite, and close transactions. For more information, visit carrollorg.com.

In this role, the Associate Asset Management will be assigned a specific set of properties based on investor-partner relationships. They will evaluate and direct the assigned properties’ overall performance. The focus of this role is to help CARROLL and its equity partners maximize the returns on its portfolio of multi-family real estate assets.

You Will:

• Lead the preparation and implementation of property business plans to achieve each asset’s target returns.
• Communicate effectively with equity partners on all business decisions.
• Act as a bridge between the operations team and equity partners.
• Identify value-creation opportunities and develop action plans to achieve desired results.
• Monitor property budget variances.
• Maintain close relationships and direct communication with investor partners/lenders.
• Prepare investor reports and distribute them through the Capital Markets team; respond to investor requests.
• Review monthly/quarterly distributions with investor partners.
• Work with the team to develop and report Business Intelligence reports.
• Manage annual property tax appeals.
• Assist with the transactions team for property acquisition, disposition, and refinance.
• Assist with ensuring compliance with the loan and joint venture covenants.

Requirements:

You Have:

• BS/BA with a concentration in finance, business, economics, or real estate.
• A minimum of 4 years of commercial real estate experience in an asset management role.
• Understanding of general multifamily trends and individual property markets/submarkets.
• Experience working with joint venture capital partners.
• Knowledge of key financial concepts, metrics, internal rates of return, cash-on-cash returns, etc.
• Proficiency with financial modeling; attention to detail.
• A creative, problem-solving approach.
• The ability to work independently and proactively.
• Strong organizational and project management skills.
• Yardi property management software experience.
• Ability to travel up to 25% of the time

If this sounds like you:

Apply now!

What we offer:

• Competitive Base Salary
• Annual Bonus potential
• Career Growth
• Medical, Dental and Vision Coverage
• 401(k) + Company Match
• Apartment Rent Discount of 20%
• 14 Days of PTO + 10 Paid Holidays
• Employer Paid Short/Long-term Disability
• Paid Parental Leave

CARROLL is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. CARROLL promotes a drug-free workplace. CARROLL will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable federal, state, and local laws and regulations regarding criminal background inquiries. All candidates must possess a valid driver’s license and be willing to consent to pre-employment drug screening and a criminal background check.