Operations Assistant

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TYPE OF WORK

Full Time

WAGE / SALARY

$1,600 - $1,800 USD/month

HOURS PER WEEK

TBD

DATE UPDATED

Jul 22, 2022

JOB OVERVIEW

Aligned Real Estate Partners is seeking an individual to take ownership of numerous operational aspects of the business, including asset management, transaction coordination, project management, and business-level operations. This role is designed for someone who is detail-oriented, self-motivated, and exceptional at project management. Aligned REP is a rapidly growing real estate investment firm that purchases multifamily properties in various markets throughout the United States, such as Florida, Texas, and the northeast.

While the individual in this position will be handling the aforementioned operational duties, they will also be the business’s “integrator”. This may include implementing new initiatives, creating business systems, and developing KPIs. The ideal candidate thrives in an autonomous work setting, can work with minimal guidance, and possesses an ownership mentality.

This is a high-level position and the candidate must have experience working in operations, multifamily real estate, or have a demonstrated track record of high achievement in previous roles.

Responsibilities
• Financial Modeling – Finalize underwriting for lenders and investors, create renovation budgets, and source debt quotes.
• Transaction Coordination – Coordinate with all third-party vendors (insurance brokers, legal, lenders, investors, property management companies, etc) to facilitate a smooth closing process.
• Due Diligence – Participate in the due diligence process and review documentation (loan docs, leases, appraisals, environmental reports, physical inspection reports, etc) while identifying and communicating potential concerns/findings.
• Asset Management – Interface with property management and track financial KPIs, coordinate lender construction draws, review and prepare operating budgets, and solve deal-specific problems.
• Investor Relations – Assist in the creation of investor OMs, sending investor updates, waterfall calculations, and sending distributions.
• Assist in the implementation of higher-level business initiatives, process creation, hiring, and onboarding.

Qualifications
• Over 3 years of experience in commercial real estate, ideally within the multifamily sector (asset management, analyst, project manager, property management, etc)
• Demonstrated experience in creating systems, processes, and executing on project timelines
• Exceptional communication skills, both oral and written
• Extreme attention to detail and the ability to juggle multiple projects progressing at
different timelines
• Demonstrated background of high achievement, both personally and professionally
• Tenacious work ethic... can work quickly and efficiently
• MOST IMPORTANTLY – able to work without significant oversight and guidance. Please include "AREP Multifamily" in the subject line when reaching out.

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