Summary description:
The Assistant Asset Management SkillBridge/CSP Track provides transitioning service members with hands-on training in multifamily real estate asset management, operational analysis, financial reporting, and portfolio performance management. Interns will learn how to analyze property operations, monitor KPIs, track business plan performance, support investor reporting, oversee CapEx projects, and identify operational risks while working alongside leadership in a real-world investment environment. This program is designed to develop analytical, organizational, and strategic decision-support skills that prepare participants for post-military careers in asset management, multifamily operations, investment analysis, and real estate portfolio management.
Job description:
Key Responsibilities1. Portfolio Performance AnalysisCollect weekly and monthly data from property managementTrack occupancy, economic occupancy, collections, revenue, and expensesMonitor NOI, operating margins, and expense ratiosCompare actual performance to underwriting and business plansIdentify trends, variances, and emerging risksDeliverables:Weekly asset performance summariesMonthly KPI and variance reports2. Business Plan & Benchmark TrackingMonitor each asset’s performance against its business planTrack rent growth, leasing velocity, and operational KPIsCompare performance to internal benchmarks and market standardsFlag deviations and underperformance earlyDeliverables:Business plan tracking reportsTrend and variance summaries3. Asset Performance ReportingCompile operational and financial data into structured reportsInterpret performance and highlight key insightsClearly communicate risks, opportunities, and operational issuesPrepare recommended courses of action for Asset Manager reviewDeliverables:Monthly asset performance summariesPortfolio dashboardsStrategic briefing memos4. Investor ReportingPrepare monthly and quarterly investor summariesTranslate property performance into clear, investor-friendly narrativesCompile supporting financial and operational metricsMaintain consistency and quality across all investor communicationsDeliverables:Monthly investor updatesQuarterly asset management reports5. Construction & CapEx MonitoringTrack renovation and capital improvement projectsMonitor timelines, milestones, and unit turnsTrack CapEx budgets vs. actual spendIdentify delays, cost overruns, or execution risksDeliverables:Monthly CapEx reportsBudget vs. actual trackingRenovation pipeline summaries6. Vendor & Partner CoordinationTrack deliverables from contractors, vendors, and partnersCoordinate timelines across property management and project teamsMaintain accountability for milestones and deliverablesOrganize documentation and reportingDeliverables:Vendor performance trackingProject milestone summaries7. Market IntelligenceTrack rent comps, competing properties, and new supplyMonitor market occupancy and rental trendsProvide relevant market insights to support asset decisionsDeliverables:Market summariesCompetitive analysis reports8. AI-Enabled Process ImprovementIdentify repetitive processes that can be automatedUse AI tools to improve reporting, analysis, and efficiencyBuild and maintain dashboards and automated workflowsContinuously research and implement better systemsExpectation: Actively improve the asset management function by reducing manual work and increasing clarity through technology.Key Performance Indicators (KPIs)Accuracy and reliability of reportingTimeliness of weekly, monthly, and quarterly deliverablesQuality of analysis and insightsAbility to identify trends and risks earlyClarity and usefulness of recommended actionsReduction in manual workload through automation
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Eligibility factors:
All Services
Having the ability to perform the following KPIs:Accuracy and reliability of reportingTimeliness of weekly, monthly, and quarterly deliverablesQuality of analysis and insightsAbility to identify trends and risks earlyClarity and usefulness of recommended actionsReduction in manual workload through automation
