Multifamily Operations / Project Analyst

Asset Management Franktown, Colorado


Description

We are looking for a unique person for a unique opportunity. You will need to possess many skill-sets and an interest in developing other in order to be successful in this position.   Monarch Investment and Management Group, recently entering the top 50 multifamily owners in the country, is a hands-on, fully-integrated multifamily real estate company located just south of Denver, Colorado.

Monarch is looking for an analyst to work with an Asset Manager in all stages of the multifamily investment life cycle. You will assist in identifying, underwriting, and closing of potential acquisition opportunities, as well as oversee operational analysis efforts of an existing multi-state portfolio of properties.  This position will also be integral in assisting in the completion of a wide range of capital projects.  The analyst will be located in our corporate office in Franktown, Colorado and will report to an Asset Manager. The ideal candidate will have prior experience as an analyst in the multifamily sector both in an operations and acquisition role.  This position will provide candidates with the opportunity to learn all aspects of the acquisition and asset management process.

 

Responsibilities will include:

 

Acquisitions, Finance and Dispositions

  • Prepare financial models and underwrite potential investments;
  • Visit properties to evaluate investment potential and assist in identifying and mitigating potential risks to the investment;
  • Assist in acquisitions, due diligence, financing, closing, refinancing and disposition efforts as needed;
  • Conduct market research and market rent surveys and other competitive business intelligence;
  • Respond to the requests of lenders and equity partners throughout the acquisition process;
  • Prepare and present summary analysis in support of recommended strategies which includes repositioning;
  • Prepare comprehensive investment packages.

 

Operations

  • Analyze operations & trends of existing properties to look for cost-savings and revenue growth opportunities;
  • Evaluate cost effectiveness of existing and contracts;
  • Visit sites to identify operational deficiencies and recommend strategies to correct;
  • Work closely with Asset manager, property staff and others to input, analyze and report on financial performance compared to original underwriting and budget;
  • Complete “Special Projects” assignments;
  • Assist in Quarterly Report process.
  • Assist in retail space leasing strategy in select properties.
  • Learn the functions of all site and regional personnel, to include management, leasing and maintenance.

 

Capital Projects

 

  • Strategize, oversee and report on capital improvement projects.
  • Track and manage project budgets, schedules and milestones associated with all capital improvements/replacements/repairs
  • Assist in compiling and processing construction and capital replacement reserve draws

 

Qualifications:

 

  • College Degree preferably in Real Estate, Finance or Construction Management
  • Experience in the commercial real estate industry
  • Onsite property operations experience a plus
  • Strong quantitative skills
  • Ability to work on multiple tasks in a fast paced environment across all levels of an organization
  • Travel required approximately 50% or more of the time.
  • Must have strong computer skills and thorough knowledge of MS Word and Excel.
  • Must have excellent communication and organizational skills.
  • Knowledge of multi-family real estate operations, including property management; marketing and leasing; budgeting; capital needs planning; property repositioning, etc.

 

ABOUT MONARCH INVESTMENT AND MANAGEMENT GROUP

WWW.MIMGINVESTMENT.COM

Monarch Investment & Management Group has been actively involved in commercial real estate investment since 1992. We currently manage over 37,000 apartment units in twenty states, in addition to a nationally franchised hotel and a ski and snowboard resort. Our principals are highly experienced in all facets of real estate acquisition/disposition, management, and financing.

“We are careful protectors of your investment, and ours.”

We are more than just a broker and more than just a property management company. We research, acquire, own, operate and maintain all of our properties. During due diligence we are onsite; to inspect the physical plant, review all leasing history and current operations, and scrutinize the property to our own high standards. We are personally invested and highly motivated to maintain high occupancy rates and effectively manage properties.