Asset Management Associate - #1412881

Our Company:

Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B) is a multi-strategy, real estate focused, alternative asset management company comprised of two rapidly growing verticals: Multifamily and Single-Family Rental. Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation’s most active developers, builders, and managers and has been on the National Multi-Housing Council’s (NMHC) annual Top 50 list for eight consecutive years. Quarterra Single-Family Rental launched in 2020 to provide individuals, couples, and families who prefer to rent over home ownership the opportunity to live in exceptional neighborhoods with great amenities. For additional information, please visit Quarterra.com.

Our Company:

Quarterra Group, Inc., a wholly-ownedsubsidiary of Lennar Corporation (NYSE:LENand LEN.B) is a multi-strategy, real estate focused, alternative asset management company comprisedof two rapidly growing verticals: Multifamily and Single-Family Rental. Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation’s most active developers, builders, and managers and has been on the National Multi-Housing Council’s (NMHC) annual Top 50 list for eight consecutive years. Quarterra Single-Family Rental launched in 2020 to provide individuals, couples, and families who prefer to rent over home ownership the opportunity to live in exceptional neighborhoods with great amenities. For additionalinformation, please visit Quarterra.com.

Summary of Position:

The Asset Management Associate will assistin all aspects of the Company’s investments activities, and work with property management, regional development offices, Controllers, and the Investments team to ensure a proactive approach to internal and external compliance, reporting standards and partner communication. 

Principal Duties and Responsibilities:

• Assist Senior Asset Managers in setting and implementing property level business plans to maximize property value by meeting or exceeding underwriting assumptions.
• Assistin setting rents and managing the renewal process.
• Provide analytical support on a wide variety of assignments including cash flow modeling and reforecasting, review of property operating statementsand market research.
• Support appraisals, valuations, and disposition processes.
• Analyze financial data and reports against budgets and financial benchmarks.
• Track historical income and expense data.
• Analyze granular month by monthlease-up strategies.
• Manage monthly and weekly reporting utilizingBI platforms.
• Manage monthly and weekly reporting.
• Collaborate with other internal business units to analyze vacancy, absorption, rental rates,and sales.
• Assistin underwriting ofnew development or acquisition opportunities.
  
  

Education and Experience Requirements:

• Bachelor's degree in Finance, Real Estate, and/or Economics.
• Master’sdegree in Finance, Real Estate and/or Economicspreferred.
• 2– 3+yearsof experiencein real estate finance, preferably with multifamily background.
• Advanced Microsoft applications experience (Excel, PowerPoint, Word).
• Experience with BI platforms,Power BI preferred.
• Excellentorganizational, interpersonal, quantitative, writing and communication skills.
• Strongtime management skills, with the ability to manage a variety of tasks and timelines at simultaneously.
• We reasonably expect the base compensation offered for this position to range from $100K to $110K annualized, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials (e.g., cost of labor/living, etc.), and operational considerations.
• This position may be eligible for performance-based bonuses as determined in the Company’s sole discretion.
• This position will be eligible for company benefits in accordance with Company policy. We offer a competitive total rewards package including medical, dental and vision coverage along with a broad range of supplemental benefits including 401k Retirement Plan, prepaid legal assistance, and more. We also offer paid time off for vacation, sickness, holiday, and bereavement. We are pleased to be able to provide 100% company paid life insurance and long-term disability insurance. This information is intended to be a general overview and may be modified by the Company due to business-related factors.
  
  

Applicants may apply for this position via our careers website.

Physical Requirements:

This is primarily a sedentary office position which requires the Asset Management Associate to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.

This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the associate. Duties, responsibilities, and activities may change at any time with or without notice.

Quarterra Group is an Equal Opportunity Employer that prides itself on diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, pregnancy or related condition, protected status, or any other status prohibited by applicable national, federal, state or local law. Quarterra Group believes diversity and inclusion among our Associates is critical to our success and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.