Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Business

We know that a “one-size-fits-all” approach doesn’t work when it comes to residential living. That’s why, at Brookfield Properties, our portfolio features a wide range of options for any stage of life. And though our properties may be diverse, one thing is universal: all offer the unparalleled quality, service, and support our residents deserve.

If you’re ready to be a part of our team, we encourage you to apply.

Job Description

Position Summary

Brookfield Properties Multifamily LLC in New York, NY has multiple openings for Associate, Asset Management to manage existing company multifamily assets and portfolios.

Duties Include

Monitoring and maintaining property and portfolio investment performances, as well as supporting asset and portfolio dispositions, financings, and other capital events in conjunction with strategic-decision making.

Additional duties involve all aspects of financial and real estate investment analysis, including: conducting quantitative analyses of financial data; preparing and reviewing monthly, quarterly, and annual reporting of the portfolio including NPV valuations, equity multiples, reforecasting, business planning, and projecting IRR; creating and modifying property investment models in Microsoft Excel to project and track cash flows, liquidity, valuations, and return metrics. He or she cultivates and maintains business relationships by working closely with multifamily affiliates, operators, joint venture partners, and investors.

Those in this position will complete due diligence related to real estate capital transactions, including acquisitions, dispositions, and financings. Other responsibilities include oversight of bank account opening, closing, and account inventory, performing complex financial and sensitivity analyses, conducting market research, and ad-hoc analysis.

Requirements

Position requires a Bachelor’s Degree in Finance, Economics, Accounting, or related field or foreign equivalent as evidenced by a credentials evaluation; and four (4) years of real estate finance experience. Of this experience, one (1) year must be in real estate asset management or portfolio management and include: creating and modifying property investment models in Microsoft Excel; due diligence related to real estate capital transactions; and management of U.S. based multifamily assets or portfolios. Must complete proficiency test in Microsoft Excel modeling.

Compensation

Annual Base Salary Range: $175k - $180k

Annual Bonus Target (Discretionary): 25-30%

Great Incentives!

Brookfield Properties cares about the well-being and work-life balance of our valued associates! To show how much we care, we offer awesome incentives that include:

• Full benefits package

• Generous paid time off

• 401(k) with company match

• Growth and advancement opportunities

• Lucrative referral bonus program

#LI-DNI

Equal Opportunity Employer: Minorities/Religion/Sex/Protected Veterans/Disability/Sexual Orientation/Gender Identity/Marital Status/Pregnancy/Age/National Origin/Genetic Information. Drug free workplace

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.