Asset Management Analyst Multifamily Real Estate

ABOUT THE ROLE Bluecore Residential is a privately owned real estate investment company based in Newport Beach, CA. The company has a proven track record of delivering exceptional results, with deal-level IRRs exceeding 30% annually since inception. As a key player in the multifamily investment market, Bluecore is seeking an Asset Management Analyst to support its Operations and Investment teams. WHAT YOU'LL DO As an Asset Management Analyst, you will play a critical role in ensuring the operating performance of Bluecore's multifamily portfolio is measured against underwriting assumptions and annual budgets. Your responsibilities will include: - Preparing monthly and quarterly variance-to-budget analyses to decompose variances into operational drivers and market conditions - Maintaining and enhancing market comp sets to contextualize asset performance - Partnering with Property Management to identify performance gaps and track corrective action plans - Building and maintaining Excel models and reporting tools for budget-vs-actual tracking, trend analysis, and portfolio rollups - Analyzing underwriting budgets and operating assumptions for multifamily assets at acquisition and throughout the hold period - Supporting investment reporting materials, including memos, return analysis, and scenario modeling - Assisting in due diligence processes, including review of third-party reports and financial data - Supporting the annual budgeting process, including building, modeling, and stress-testing property-level operating budgets - Supporting investor reporting with asset-level performance narratives and supporting schedules - Assisting Asset Management with hold/sell analyses, refinancing support, and business plan updates - Leveraging AI tools to streamline analysis, underwriting, reporting, and workflows - Helping develop and refine internal processes to improve efficiency and scalability WHAT YOU'LL NEED To be successful in this role, you will need: - A Bachelor's degree in Finance, Economics, Accounting, Business, or a related field - 1-4 years of experience in multifamily or commercial real estate, with a background in asset management, property accounting, acquisitions, FP&A, or valuation/appraisal - Strong financial modeling skills in Excel, including the ability to build and audit models - Familiarity with multifamily operating statements and key metrics, including NOI, economic occupancy, trade-outs, and expense ratios - Exposure to AI tools for investment workflows (desired) - Experience with Yardi, RealPage, Entrata, or comparable property management systems (desired) WHY REMOTE As a remote employee, you will have the flexibility to work from anywhere while still being part of a dynamic and innovative team. Bluecore offers a range of benefits to support your work-life balance and professional development. BENEFITS - Performance bonuses - Unlimited paid time off - Mentorship from experienced multifamily investment professionals - 10 full paid holidays - 8 hours of paid volunteer time per year - 25% off rent on any unit - Comprehensive insurance benefits, including medical, dental, and vision - 401K with a 25% company match up to 6% - Travel and personal discounts with National/Enterprise rental cars, Verizon, and Expedia - Full reimbursement for approved industry-related certifications - Innovative internal software to make your job easier -