Asset Management Associate

MBK Real Estate (MBK) is an industry leader in real estate operations and development. Through its subsidiaries MBK Rental Living MBK Industrial Properties and MBK Senior Living MBK Real Estate is renowned for building award-winning new home and apartment communities state-of-art distribution facilities and for its reputation in providing exceptional high standards of service throughout its senior living communities.

MBK is a privately held real estate development firm with roots in the business dating back to 1996. MBKs extensive activities through its operating divisions along with the size and scale of our development and building activities represent the continuation and commitment to American enterprise.

Job Summary:

The Asset Management Associate position supports the MBK Industrial Properties (MIP) team by providing accurate data-driven financial analysis to inform decisions related to operational and leasing strategy asset performance and investment forecasting. This role is responsible for maintaining and updating pro forma models collaborating across departments to assess variances and delivering insights that support MIPs overall investment strategy. This position is critical for ensuring that both asset and portfolio-level financial data are reliable well communicated and aligned with MIPs business objectives.

Duties & Responsibilities:

• Lead the MIP Asset Management teams preparation and maintenance of quarterly pro forma reforecasts for existing assets and development projects located throughout the United States.
• Collaborate with Development Accounting and Financial Analysis teams to reforecast returns (on a quarterly or as-needed basis) based on current market leasing assumptions projected development/TI/LC costs and actual monthly income and expense data. This includes helping generate variance reports against the original investment committee pro forma and working with MIPs internal teams to explain any material variances.
• Prepare pro forma scenario analysis including but not limited to prospective leases and built-to-suit opportunities speculative tenant improvements potential refinancing and hedging hold-sell analysis and other requests as needed.
• Understand and track industrial real estate market information (competition sale and lease comparables absorption figures cap rates etc.).
• Maintain a library of supporting documentation of market data and property information used in MIPs pro formas and valuation models.
• Contribute information and analysis to the monthly quarterly and annual management reports provided to the MIP executive team and investors.
• Review and understand leases loan documentation fund documentation and other pertinent information to accurately model their financial impacts on investment pro formas and valuations.
• Perform other duties or special projects as assigned or requested by the Asset Management and/or MIP Executive Teams.

Education and Licenses/Certifications Requirements:

• Bachelors degree in Finance Accounting Business Economics or a related field required.

• Masters degree preferred.

Experience Requirements (in years):

• 5 years of institutional-level experience as a senior analyst/analyst in the commercial real estate industry preferably with exposure to industrial assets.
• Strong financial modeling skills with advanced proficiency in Excel and Argus; ability to build and maintain complex pro forma models and waterfalls.
• Proven ability to analyze leases loan agreements market data and financial reports to support investment decisions.
• Highly organized and detail-oriented with the ability to manage multiple priorities in a fast-paced environment.
• Effective communicator with the ability to present financial insights clearly to both technical and non-technical audiences.
• Collaborative team player with a proactive problem-solving mindset.

Required Competencies:

• Strong technical skills including proficiency in Microsoft Office Suite applications and experience operating office equipment.
• Data analytics skills including Power BI Power Query Power Pivot Pivot Tables Dynamic Dashboards and SQL experience preferred.
• Argus Enterprise certification and Yardi experience preferred.
• Must have excellent written and verbal communication skills including the ability to speak write and read English and must be comfortable with speaking in public settings and presenting to small groups.
• Must possess strong organizational problem-solving and time management skills.
• Ability and willingness to work independently without day-to-day oversight and supervision.

Physical Demands & Work Environment:

• Must be mobile and able to perform the physical requirements of the job including walking bending kneeling squatting pulling reaching overhead and repetitive motion.
• Ability to move intermittently throughout the workday and between departments.
• Ability to lift and carry up to 30 pounds and push up to 20 pounds as necessary.
• Ability to sit and work at a computer for prolonged periods.
• Ability to travel up to 5%.
• Reasonable accommodations will be provided in accordance with applicable federal state and local laws.

Salary: $140000-$150000 Bonus

We offer a rich benefits package comprising of the following: competitive salaries with opportunities for growth; 401(k) retirement plan with up to 4% employer matching; comprehensive industry leading medical dental and vision insurance; company-provided life disability and AD&D insurance; flexible spending accounts generous paid time off including vacation and sick time holidays and bereavement leave; and a variety of programs including leadership development training and personal coaching; education loan assistance and scholarships; daily living financial and legal services; childcare and eldercare assistance; employee discounts; and health and wellness resources that include virtual yoga mindfulness and financial readiness for employees and their family members.

If you are ready to meet the challenges of this critical role we want to hear from you!

MBK is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex disability age sexual orientation gender identity national origin veteran status genetic information or other protected reason. Our company is committed to providing access equal opportunity and reasonable accommodation for qualifying individuals in employment its services programs and activities. To request reasonable accommodation contact.

Regulatory Disclosures for Senior Living Communities with Medicaid Residents: An Excluded Party is a person that the federal or state government found not eligible to provide care and services in a facility that receives Medicare or Medicaid funding. If employed at one of our senior living communities that receives Medicare or Medicaid funding team members must not be considered an Excluded Party as defined by the U.S. Department of Health and Human Services any state Medicaid Programs and any additional federal and state government contract programs. If as a team member you learn that you are an Excluded Party at any time you must present your Excluded Party notice letter to your supervisor immediately.

Other Regulatory Requirements:If employed at one of our senior living communities team members must continually comply with certain laws and regulations that impact the company including but not limited to as applicable state licensing regulations the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Resident Rights as defined by the U.S. Department of Health and Human Services and any other federal or state laws relating to team members professional licenses.

HIPAA Disclosure:

All Team Members prior to commencing employment and once employed must not be considered an Excluded Party as defined by the Medicare and state Medicaid Programs as well as other federal and state government contract programs. If as an associate you learn you are an Excluded Party you must present your Excluded Party notice letter to your supervisor immediately. An Excluded Party is a person that the federal or state government found not eligible to provide care and services in a Community that receives Medicare or Medicaid addition at all times during your employment all associates must be in compliance with certain laws and regulations that affect the company including but not limited to Resident Rights HIPAA State licensing regulations and those laws relating you an associates professional license.