Senior Associate - Asset Management Job at Davis, Boston, MA

QzRtU3JXcE5DRE9KVC9jaEJCWFN6RTM2OVE9PQ==
  • Davis
  • Boston, MA

Job Description

Davis is a vertically integrated real estate investment, development and management firm that leverages five decades of experience, the strength of its leadership team and employees and a diversified portfolio to deliver maximum value for its investors and tenants. Headquartered in Boston and investing across the United States, Davis prides itself on taking a nimble, collaborative approach to delivering best-in-class results from complex opportunities. With $12.8 billion in gross asset value invested through real estate equity, debt and fixed-income securities, Davis today owns a real estate portfolio of approximately 15.2 million square feet of healthcare and life science, industrial, retail, office and hospitality properties and more than 5,800 residential units across the United States. For further information, visit

Roles & Responsibilities:

• Manage properties across full asset life cycle with an ownership mentality, focusing on value creation through diligent management of approved business plans.

• Analyze operational performance and recommend adjustments to meet budgeted goals; alert team members to issues as they arise and work with the team to evaluate and implement solutions.

• Develop and execute value-enhancing initiatives spanning redevelopment, renovation, property management, leasing, and reporting.

• Provide management and analytical oversight of third-party team’s execution of extensive property renovation programs.

• Oversee third-party relationships with property managers, joint venture partners, vendors, select tenants, and counsel, which includes regular travel to out of state investments to monitor business plans.

• Collaborate with counterparts in Investments and Development to identify and pursue new acquisitions.

• Guide all major transactions post-acquisition, including all refinancing or debt modifications as well as the ultimate disposition of assets, working with Finance, Legal, and other internal departments on such efforts.

• Work with Investments, Property Management, and Development groups to coordinate due diligence efforts on new investments and ensure consistency and quality of underwriting assumptions.

• Coordinate key risk mitigation efforts internally, including working with the Finance team to understand insurance programs, debt hedging strategies, real estate tax abatement and assessment process, and other key risk mitigation tools.

• Work with the Senior Vice President, Asset Management to advance the multifamily reporting.

• Develop budget projections and coordinate reforecasts and other reports as applicable.

• Lead the quarterly valuation and review efforts for a portfolio of multifamily assets focusing on understanding asset performance and determining key assumptions for re-forecasting.

• Ensure consistent, meaningful communication and coordination among stakeholders with particular focus on routine project updates to senior leaders.

• Perform various fund management and administration activities including coordinating rollup of property financials to portfolio level.

• Other related duties as assigned.

Skills & Qualifications:

• Bachelor’s Degree and a minimum of five (5) years of real estate experience, with a preference for experience within the multifamily asset class.

• Understanding of multifamily industry (supply/demand, revenue and expense drivers, forecasting, reporting, leasing and marketing).

• Ability to create detailed financial models demonstrating exceptional proficiency with Excel; proven comprehension of complex analyses (e.g. different debt structures, ground leases, waterfalls, etc.).

• Ability to synthesize information, create structure for analyses, draw informed conclusions, and present to senior leaders.

• Ability to solve practical problems and manage multi-variable situations with limited standardization.

• Exceptional written and oral communication skills, with acute attention to detail

• Project management skills and the ability to multitask and prioritize workload efficiently and effectively with little direction.

• Experience managing complex capital/redevelopment projects for an ownership group preferred.

• Ability and willingness to travel up to 20% of the time.

Compensation & Benefits:

Compensation will include a competitive base salary and bonus, and an attractive benefits package.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), national origin, age (40 or older), marital status, sexual orientation, gender identity/expression, citizenship, real or perceived disability or handicap, genetic predisposition, veteran status, and/or any other protected category in accordance with applicable federal, state or local laws.

Job Tags

Work at office, Local area,

Similar Jobs

Broad River Retail

In Home Craftsman Job at Broad River Retail

AT A GLANCE: Broad River Retail is currently seeking for a Service Craftsman to join our Customer Experience Team in Four Oaks. The position is responsible for servicing our customers by assessing damages and repairing proficiently with appropriate methods of repair for...

Insight Global

Epic Optime/ Anesthesia Analyst II Job at Insight Global

 ...Position: Analyst II Epic Optime/ Anesthesia Location: New York, NY 10021 Duration: Perm Rate: $115k-$135k Shift: Monday-Friday 9am-5pm (1x a week onsite- Wednesdays) Overview: Insight Globals client is seeking an Optime/Anesthesia Analyst II to... 

Vivid Resourcing

Director/Senior Director, Regulatory Affairs - CMC Job at Vivid Resourcing

 ...Director / Senior Director, Regulatory Affairs - CMC (Biologics | Phase 3 Asset | Advanced Modality) Boston area (hybrid, flexible travel) A clinical-stage biotech developing an advanced biologic therapy in Phase 3 is seeking a Director/Senior Director of Regulatory... 

Robert Half

Revenue Integrity Analyst Job at Robert Half

 ...Position Overview We are seeking a Revenue Integrity Analyst to join our clients finance and operations team on a contract-to-hire basis, with the intent to transition this position to a permanent role. This position plays a key role in a hospital setting in ensuring... 

SGS Consulting

Customer Service Representative - Order Management Job at SGS Consulting

 ...10:00am 6:30pm) Monday and Friday Work from home / Tue, Wed, and Thurs in office Training...  ...Teams/Zoom exp required no to very little phone customer service tasks for this role...  ...Clients products, services, and business operations a plus. Tools and equipment used...