At Birgo Capital, we are a mission-driven, vertically integrated private equity real estate firm managing over $300 million in assets. We are seeking a Senior Associate of Asset Management to take ownership of our 3,500-unit multifamily portfolio. With a lean team and 60+ vintage assets spanning four states, this role requires a professional ready to get in the weeds and manage multiple priorities simultaneously.
Founded in 2012, Birgo has experienced significant momentum, tripling in size since 2020. Our track record includes successfully raising and allocating four funds, alongside various JV deals and syndications. Our footprint continues to expand into the Midwest.
As a Deliberately Developmental Organization, we prioritize your professional growth by providing the autonomy to lead and a clear path to advance.
Translate Investment Thesis to Operations: You are the connective tissue between Acquisitions and Property Management. You'll take the underwriting assumptions and turn them into actionable operating plans, ensuring the original investment thesis holds up in day-to-day operations.
Own the Financial Roadmap: Lead the annual budgeting and monthly re-forecasting process. You'll stress-test fund-level cash flow models and provide a clear narrative on IRR and DSCR performance to Leadership.
Build Property Manager Rapport to Drive Performance: Success in this role depends on your ability to be humble and build trust with the Property Management team. You will support their financial literacy by helping them use variance analysis and market comps to optimize rents and control expenses.
Direct the Team: You will oversee the workflow of high-skill offshore analysts, ensuring the accuracy of their REO schedules, data compilation, and reporting, while providing consistent mentorship and guidance.
Compliance Oversight: Manage the potential friction of the capital stack. This includes maintaining lender relationships, ensuring covenant compliance, and prepping data for refinances or dispositions.
Metrics: Use and develop our AI tools to track occupancy, net effective rent, and capex ROI. Provide data-backed recommendations when a property drifts from its business plan.
Knowledge and Experience
Skills
Work Style
Other Requirements
Birgo Realty offers an exciting start-up environment, characterized by fast growth and an entrepreneurial spirit. We take care of our hardworking team by providing opportunities for professional growth, paying attention to holistic staff needs, and celebrating life together. Birgo Realty values diversity in our staff and seeks to enhance the diversity of our team at every opportunity.