Senior Associate, Asset Management

Job Overview

The Asset Manager (Senior Associate) will be responsible for maximizing the financial performance and long-term value of a designated portfolio of trophy class commercial office, residential, and mixed-use properties in the Washington, DC metropolitan area. This includes developing and executing asset-level strategies, analyzing financial performance, identifying value-add opportunities, and managing joint venture relationships. The ideal candidate will possess a strong understanding of real estate finance, operations, and market dynamics, with a proven track record of success in asset management.

Key Responsibilities

• Oversee property-level financial performance, budgets, and business plans
• Manage the monthly and quarterly financial review process for assigned assets
• Monitor leasing, capital projects, and operating expenses
• Coordinate with property managers, leasing brokers, and vendors
• Prepare internal reporting packages and variance analyses
• Review and approve property-level budgets and reforecasts
• Supervise and mentor assigned Analyst
• Contribute to asset-level strategy discussions and hold/sell recommendations
• Participate in annual strategic planning and valuation exercises
• Perform other duties as assigned

Qualifications

• Bachelor’s degree in Finance, Real Estate, or a related field
• 5+ years of real estate asset management or closely related experience with a focus on commercial office, residential, and/or mixed-use properties.
• Strong understanding of property financials, lease structures, and operations
• Proficiency in Excel; Argus and Yardi experience required
• Strong financial modeling and analytical skills, with proficiency in Excel and real estate financial software (e.g., Argus Enterprise).
• Demonstrated understanding of real estate investment principles, market analysis, and property valuation techniques.
• Excellent communication and leadership skills
• Strong organizational skills and attention to detail, with the ability to manage multiple priorities simultaneously.
• Proven ability to manage competing priorities and lead support staff

Benefits

Compensation:
- Competitive Salary with Bonus Potential
- Generous Benefit Package: Medical, Dental, Vision, 401K Match, Life Insurance

Career Development
- Opportunities for Advancement within our expanding portfolio
- Annual Professional Development Funds to fuel your growth

Employee Perks (to name a few):
- Housing Discount
- Commuter Benefits
- Free Parking and EV charging
- Parental Leave Program
- Enjoy a Friendly Work Environment that values collaboration

Explore more perks and possibilities here for growing your career with Comstock Companies! Discover what sets us apart!