Asset Management Associate at Cadre

| Greater NYC Area
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Cadre is on the lookout for an Asset Management Associate to assist in all asset management functions across our rapidly growing portfolio. You will act as a liaison between Cadre and its operating partners with a focus on overseeing the execution of the business plan and supporting the day-to-day responsibilities of the asset management team. The position will require close interaction and collaboration with company leadership, acquisitions, accounting, investor relations, and external operating partners. As part of our team, you’ll have the opportunity to grow your career, contribute your ideas to industry-changing products and services, and—above all—have fun doing it!


WHAT YOU'LL DO

  • Strategic asset management of a portfolio of real estate assets located throughout the U.S.
  • Perform detailed financial analysis and prepare periodical asset management reports
  • Review monthly operating reports to help track operating performance, operating budget variances, and significant changes in the assets and their respective markets
  • Actively monitor and manage owned assets with operating partners to maximize distributable cash flow and long term economic value
  • Work with operating partners to create operating budgets and business plans
  • Monitor the progress of capital improvement projects and spending for adherence to approved plans and identify cost variances
  • Develop and implement strategy for each investment including hold/refinance/sell recommendations
  • Participate in calls with operating partners for asset and market performance updates
  • Monitor and track compliance of all guidelines in the loan documents, joint venture agreements, and other relevant agreements
  • Collaborate closely with acquisitions and investor relations teams on all aspects of the portfolio
  • Help to research and monitor geographic market trends relative to investment value, leasing, costs, and supply/demand fundamentals in conjunction with Cadre’s data science program
  • Participate in quarterly asset reviews to Senior Management


WHAT YOU HAVE

  • 4 to 6 years of experience with equity investments across multiple property types with an emphasis in office and multifamily properties
  • Strong understanding of real estate fundamentals
  • Demonstrated understanding of Excel and Argus and overall modeling process
  • Effective written and oral communication skills
  • Ability to multi-task and work under pressure to meet deadlines
  • A heightened attention to detail – must be meticulous and consistently accurate
  • Proactive, diligent team player who thrives in an entrepreneurial environment
  • Ability to take risks and accept failure
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Technology we use

  • Engineering
  • Sales & Marketing
    • JavascriptLanguages
    • PythonLanguages
    • Computer ScienceLanguages
    • ReactLibraries
    • ReduxLibraries
    • Node.jsLibraries
    • DjangoFrameworks
    • PostgreSQLDatabases
    • SalesforceCRM

Location

Cadre is located on the cusp of the Soho and Nolita neighborhoods. Our area is ripe with amazing restaurants, bars, shopping & fitness studios.

An Insider's view of Cadre

What’s the vibe like in the office?

Collaborative! Many of our teams operate cross functionally, which is why we opted for an open floor plan. With no private offices, we were able to allot a healthy amount of perimeter space to meeting & call rooms. Our kitchen a.k.a The Mission, offers employees a wide array of snacks, drinks & tables at which to work while socializing!

Catie

Culture and Events Manager

What's the biggest problem your team is solving?

We're working on integrating more quantitative techniques into our investment process. Machine Learning has had a transformative effect on a number of industries & CRE is undergoing a similar transformation. How Cadre uses data in our investment process allows us to create more thoughtful strategies & be better fiduciaries to our investors.

Ashwin

Senior Director of Engineering

How has your career grown since starting at the company?

I've been provided numerous chances to take ownership over new initiatives within the company. After starting at the firm as an investment analyst & growing within that vertical, I was able move into a biz dev role where I’ve led several areas of growth for Cadre. These responsibilities & challenges have pushed me to grow as an employee & manager.

Charlie

Vice President of Emerging Verticals

What is your vision for the company?

2020 will be a year of continued growth & further realization of our mission as we expand access & liquidity in the Commercial Real Estate investing world. I look forward to another year of exponential growth of our investor base & expanded liquidity for many more clients!

Ryan

Co-Founder & CEO

How would you describe the company’s work-life balance?

As my needs & the needs of my child change, it's really important to be in an environment that embraces that evolution. I constantly feel supported whenever I need to shift my priorities between work and home. Another reason why I love working here is that my daughter always feels welcome in the office. Knowing she's always welcome is empowering!

Cherice

Executive Assistant to the CEO

What are Cadre Perks + Benefits

Culture
Volunteer in local community
Friends outside of work
Eat lunch together
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
We pay 100% of your medical premiums to help keep our employees healthy!
Life Insurance
Wellness Programs
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Paid Volunteer Time
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Some Meals Provided
Happy Hours
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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