Associate Asset Manager

Pinnacle is a privately held organization that manages multifamily properties nationwide. Established in 1980, we are one of the largest multifamily management companies in the United States with a portfolio of approximately 135,000 units and 3,000 employees. Our clients include pension funds, private partnerships, international investors, insurance companies, lenders, special servicers, syndicators, government agencies and high net worth individuals.

**Summary:** The Associate Asset Manager will be responsible in providing multifamily asset management assistance for key clients within the Pinnacle portfolio. The general focus will be on the real estate financial performance, as well as consultation regarding capital improvements and other operational recommendations. **Principal Duties and Responsibilities:** * Provide assistance with key client accounts including the portfolio’s operating and physical performance * Evaluate property management results consistent with owner’s objectives and budgeted expectations * Ongoing review of key client property and portfolio performance, including weekly, monthly, quarterly, and annual progress reports * As needed - financial analysis, real estate investment underwriting, and coordination of transaction activities * Review pro-forma P & L statements and budget for capital expenditures * Review and make recommended changes to marketing plans and annual operating budgets * Review and analyze requests for capital improvements submitted by property management * Work with various parties in performing tasks, including property and construction management, lenders, investment partners, brokers, and other third parties * Project real estate performance by understanding specific asset characteristics, interpreting historical operating results, and understanding local supply-demand fundamentals, as well as broad economic data * Conduct fieldwork (e.g. inspect assets,visit rent and sales comps) that may require occasional travel

**Qualifications and Skills** * To perform this role successfully, an individual must be able to perform all essential functions satisfactorily. The requirements define the knowledge, skill, and/or ability necessary to perform the essential functions. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. * Excellent analytical skills with solid financial modeling experience; ability to create complex financial models using Excel * Strong financial skills, including an understanding of cash flow models, cash-on-cash yield, and IRR analysis * Ability to quantitatively analyze a variety of properties * Team player who will thrive in a strongly collaborative environment * Exceptional interpersonal, verbal, written communication, and presentation skills, with the ability to discuss complex transactions * Strong work ethic, highly motivated, detail-oriented, organized, self-motivated, resourceful * Ability to handle multiple projects simultaneously, extremely professional and customer service oriented * Availability to travel **Education and Experience** * Undergraduate business degree in real estate, finance, or accounting; MBA desirable * Minimum of 5 years proven multifamily real estate investment experience * Desired experience includes multifamily real estate acquisitions, due diligence,underwriting, asset management, and property management * Experience in value-add asset management preferred * Proficiency in Microsoft Office Suite, Expert in Excel