Property Operations Analyst

| Greater NYC Area
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About Common

Common is the nation’s leading residential brand offering convenience and community through coliving and traditional apartments. Our signature approach to end-to-end property management and technology allows us to deliver unparalleled experiences across 40 buildings, 6 cities, and over 1,000 residents. Common is the preferred choice for both residents looking for a stress-free and convenient living environment, and for real estate owners seeking reliable, above-market returns. Launched in October 2015, we now operate buildings in New York City, Chicago, Los Angeles, San Francisco, Oakland, Seattle, Washington, D.C., and Virginia Beach and receive over 16,000 new member applications per month.

It’s an exciting time to be part of Common’s team. We challenge ourselves every day to make city living better. Our team is comprised of real estate professionals, designers, engineers, salespeople, marketers, client service representatives, and so much more. We work collaboratively, value self-starters, and embrace a “whatever it takes” mentality to ensure our work is done and done well.

Common was founded by General Assembly co-founder Brad Hargreaves and has raised over $65MM in venture funding.


About the Role

Common is seeking a Property Operations Analyst to underwrite and support operations for the stabilized buildings real estate partners bring to our management platform. You will work closely with our Real Estate and Property Management Teams as we pitch Common’s management platform and deliver results for our real estate partners and residents. At least 5 years of experience across property operations and real estate finance is required for this role. Your day-to-day will include financial statements, budgets, and data-driven strategy discussions as we grow our business profitably. This role reports to the VP of Platform. 


Responsibilities 

  • Underwrite new opportunities and create budgets for existing Common projects while applying the lens of Common’s unique operating model
  • Review and analyze financial statements, operating budgets, rent rolls, and capital expenditure budgets
  • Research and evaluate economic, demographic, and real estate trends through data analysis
  • Compile and analyze competitive property activity by tracking rents, sales, and operating costs
  • Conduct property site inspections and market tours (some travel may be required)
  • Create memos and presentations for the leadership team, partners, and institutional investors

 

Requirements

  • 5+ years of work experience in Real Estate across operations and finance
  • You have robust experience underwriting multifamily assets and analyzing comps
  • You have deep familiarity with how the idiosyncrasies of individual assets affect financial performance; your first-hand experience in property operations informs your underwriting
  • You translate abstract concepts into financial models with ease
  • You communicate concisely in writing and in presentations
  • You are a team player capable of handling day-to-day tasks with limited oversight
  • You thrive in a fast-paced environment and seeing your work have an impact 
  • You are able and willing to travel to remote markets
  • Expert in Excel
  • SQL proficiency a plus

 

What We Offer

Common truly values our employees and wants to do everything to ensure that our employees are not only happy and professionally fulfilled, but also that they have the opportunity to be healthy. Because of this, we are committed to providing a number of affordable and valuable health and wellness benefits for our employees such as paid vacation and sick time, medical, dental and vision insurance, Company paid life insurance, Company paid STD/LTD Insurance, FSA + HSA options, commuter transit benefits, generous paid parental leave and a 401K. Additional benefits such as Company equity, paid holidays, weekly team lunches + weekly happy hours, a fully stocked kitchen, flexible working hours, job training + development opportunities + a great wellness program are also available. And as always, we are regularly evaluating our offerings to ensure employees needs are being met.

We are committed to affirmatively providing equal opportunity to all associates and qualified applicants without regard to race, color, ancestry, national origin, religion, sex, marital status, sexual orientation, gender identity or expression, legally protected physical or mental disability, military or veteran status or any other basis protected under applicable federal or state law.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavascriptLanguages
    • RubyLanguages
    • SassLanguages
    • ReactLibraries
    • SidekiqLibraries
    • Next.jsLibraries
    • Ruby on RailsFrameworks
    • GraphqlFrameworks
    • PostgreSQLDatabases
    • RedisDatabases
    • Google AnalyticsAnalytics
    • PeriscopeAnalytics
    • HeapAnalytics
    • FramerAnalytics
    • BalsamiqAnalytics
    • LeanplumAnalytics
    • Monday.comAnalytics
    • JiraAnalytics
    • IllustratorDesign
    • PhotoshopDesign
    • SketchDesign
    • IndesignDesign
    • AsanaManagement
    • TrelloManagement
    • WordpressCMS
    • ContentfulCMS
    • CoscheduleCMS
    • SalesforceCRM
    • MailChimpEmail
    • PardotEmail

Location

You can find our team taking meetings in Bryant Park, catching up over coffee at Blue Stone or commuting right out of Grand Central Station!

An Insider's view of Common

What are some social events your company does?

Every Thursday we host the "happiest hour" at 5 PM in our office. This is a great way for teams to mingle and take a break from work while playing chess, checkers, Jenga, etc. with people on other teams over some beer, rosé and mocktails.

Jodi

Leasing Manager

What does your typical day look like?

As our first Product Manager, every day looks different! I'm thinking strategically about initiatives in our roadmap, getting consensus on minimum viable product designs, drafting tickets and working with engineers, and supporting them through the development process. I also support other departments' technology requests and manage their priority.

Joel

Product Manager

What does career growth look like on your team?

Cross-department moves and promotions are encouraged and welcomed always! On my team specifically, my manager is super interested in helping us grow and learning what responsibilities we want to take on to further our career growth. We focus on each other's strengths and make sure that we are working at our full potential.

Christina

Benefits + Payroll Specialist

What is your vision for the company?

Common is making city living better by designing and operating community-driven homes. 75 million Americans live with roommates, and Common is addressing this housing need by creating homes designed for sharing through community, convenience, and affordability. With thousands of beds under development, Common is a leader in new ways of living.

Brad

Founder + CEO

What makes someone successful on your team?

On Common’s marketing team, I love that success means more than just putting your head down and getting the work done. Everyone is empowered and encouraged to take a step back, look at the bigger picture, and decide what’s really important for our consumers to know about us. It allows us to not get too in the weeds and be the best team we can be.

Molly

Communications Manager

What are Common Perks + Benefits

Common Benefits Overview

Common truly values our employees and wants to do everything to ensure that our employees are not only happy and professionally fulfilled, but also that they have the opportunity to be healthy. Because of this, we are committed to providing a number of affordable and valuable health and wellness benefits for our employees.
And as always, we are regularly evaluating our offerings to ensure employees needs are being met.

Culture
Volunteer in local community
Friends outside of work
Eat lunch together
Intracompany committees
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Highly diverse management team
Unconscious bias training
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Common offers company-paid life insurance up to 1x your annual salary.
Pet Insurance
Wellness Programs
In office yoga + meditation and discounts + perks.
Team workouts
Acme Co.'s team fitness initiatives include In-office yoga.
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
Up to 16 weeks paid leave.
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Return-to-work program post parental leave
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Common offers 12 company paid holidays + one floating holiday to use as needed.
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Stocked Kitchen
Some Meals Provided
Weekly team lunch provided on Tuesdays!
Happy Hours
In-office weekly bar-cart!
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Lunch and learns
Cross functional training encouraged
Promote from within
Paid industry certifications
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