Description

The Associate role, based in Los Angeles, is responsible for maximizing the value of a California portfolio of assets. This includes developing and executing an asset‑management strategy that covers property operations, capital expenditures, and renovation or redevelopment programs, while collaborating with Blackstone on regional investment activities and influencing the portfolio’s financial performance.

Key duties involve overseeing portfolio performance, working with marketing, revenue management, accounting, finance, capex, research, and strategy teams to create value‑maximizing plans, analyzing financial statements and business intelligence tools to spot underperformance, conducting site visits to evaluate properties, assessing capital needs, overseeing repositioning and ROI initiatives, budgeting, supporting acquisition underwriting, and exploring ancillary income opportunities. The role requires 20‑25% travel and active participation in industry organizations.

• Manage and optimize performance of a California multi‑family asset portfolio.
• Develop and implement asset‑management strategies covering operations, capital expenditures, and renovations.
• Collaborate with marketing, revenue, finance, research, and Blackstone teams to drive value‑maximizing initiatives.
• Analyze monthly/quarterly financial statements and business intelligence data to identify underperformance and opportunities.
• Conduct regular site visits and physical inspections to assess property conditions and operational performance.
• Evaluate capital needs, create long‑term investment plans, and oversee ROI implementation for repositioning projects.
• Prepare annual operating and capital budgets aligned with investment objectives.
• Support Blackstone in acquisition underwriting, providing market, leasing assumptions, and due‑diligence input.
• Identify new products/services to boost ancillary income and improve operational efficiency.
• Maintain an extensive network of industry contacts and stay current on regional market trends.

Requirements

Candidates should hold a bachelor’s degree in Business, Finance, Real Estate, or a related field and have 3‑5 years of acquisition or asset‑management experience for a regional portfolio of 750‑1,500+ units. They need strong knowledge of real‑estate finance, excellent communication and interpersonal skills, the ability to interpret quantitative data, familiarity with multifamily operations and due‑diligence processes, and a solutions‑oriented, team‑player mindset.

• Travel 20‑25% of the time for site visits and industry events.
• Required: Bachelor’s degree in Business, Finance, Real Estate, or related field; 3‑5 years acquisition or asset‑management experience for a 750‑1,500+ unit portfolio.
• Must possess strong real‑estate finance knowledge, analytical, communication, and interpersonal skills.

Benefits

Compensation includes a base salary range of $120,000 to $140,000 annually, with eligibility for discretionary bonuses and incentive compensation. Benefits cover health insurance, a retirement savings plan, paid holidays, and paid time off. LivCor is an equal‑opportunity employer, provides reasonable accommodations, and complies with applicable fair‑chance ordinances.

• Compensation: $120k‑$140k base salary plus discretionary annual bonus; health insurance, retirement plan, paid holidays and PTO.
• Company offers inclusive culture, leadership development, sustainability focus, and equal‑opportunity employment.

Training + Development

Interview process

Visa Sponsorship

Security clearance