Asset Management Analyst

The Company: Founded in 2012, Expansive Workspace is the largest owner-operator of flex office buildings in the United States with 45 assets in 34 cities totaling over 3.8 million square feet. Expansive has raised over $900 million of debt and equity capital over the last 10 years and is continuing to grow. Expansive is a fully integrated real estate company with in-house acquisitions, asset management, development, property management, operations and accounting teams. Expansive is headquartered in Chicago with corporate offices in Austin, Dallas, Denver and Atlanta.

Job Description: This position will be responsible for developing strategies to increase financial performance at assigned properties, working with other departments and team members to execute those strategies, analyzing performance against the plan, and reporting results.

Primary Duties:

· Support the Asset Management and Property Management teams in accomplishing operational goals and reporting requirements

· Track, analyze and report on KPI’s, and make recommendations to increase performance

· Research and assess market dynamics and trends

· Help maintain accurate property Rent Rolls and Stacking Plans

· Collect data and Manage database on Customer & Space attributes across portfolio

· Help track rent roll changes throughout the portfolio

· Assist with collections and delinquency reporting

· Create Data analysis insights at a portfolio level on a wide range of subjects that surface as priorities (Maintenance, Capital Funds, TI allowances, LC costs, Available Space, GPR)

·Review and analyze financial reports, provide thoughtful and timely insights

· Populate and analyze critical asset and portfolio performance dashboards

· Assist with forecasting revenue, expenses and cash flow with scenario and sensitivity analyses

· Analyze lease proposals to calculate NPV, Net Effective Rent, and impact on cash flow

·Perform DCF analysis and assist with periodic revaluations and IRR forecasts for properties

·Find other creative and entrepreneurial ways to improve performance

·Become a strong user of Yardi, Sugar CRM, and other internal software systems

The Pay & Perks: This position offers a starting base salary of $55,000 with a performance-based bonus of $5,000/year, healthcare benefits, generous vacation policy, and a path to quickly grow in compensation and responsibility.

Qualifications: the below traits are needed to be successful in this position:

· Advanced Microsoft Excel and Google Sheets Skills

· Strong financial analysis abilities with a high interest in real estate finance and investing

· Familiarity with real estate leases and contracts

· Willing to work with and learn from a team of asset and property managers

· Ability to avoid distractions and stay focused on priority deliverables

· Highly resourceful with excellent written communication skills

Education & Experience: Bachelor’s degree or higher with relevant work experience and a demonstrable history of high achievement in academics, work, and community.

Some Experience with Yardi is a big Plus.

Job Type: Full-time

Pay: $55,000.00 per year

Benefits:

• Health insurance
• Paid time off

Physical Setting:

• Office

Schedule:

• Monday to Friday

Supplemental Pay:

• Bonus pay

COVID-19 considerations:
Pursuant to the Company’s COVID-19 mitigation protocols, employees must be fully vaccinated upon commencing employment. If you are not able to receive the vaccine for medical or religious reasons, you may seek approval for an exemption.

Ability to commute/relocate:

• Austin, TX 78728: Reliably commute or planning to relocate before starting work (Preferred)

Application Question(s):

• Are you fully vaccinated against Covid-19 or have a medical/religious exemption?

Experience:

• Yardi: 1 year (Preferred)

Work Location: One location