Senior Associate, Portfolio Asset Management
SoLa Impact, Los Angeles, California, United States, 90079
Overview
SALARY: $140K-$180K per year plus discretionary bonus M-F: IN-OFFICE REQUIRED JOB SUMMARY If you are motivated by building value, not just maintaining it, this role offers the platform, exposure, and responsibility to do exactly that. The Senior Associate, Asset Management sits at the center of SoLa Impact's investment engine, owning asset performance from strategy to execution across a growing multifamily portfolio. This role is built for a decisive, analytically elite operator who thrives on accountability, complexity, and results. Success in this role requires sharp judgment, technical depth, and the ability to lead cross-functional teams across Acquisitions, Property Management, Construction, Leasing, Accounting, and Capital Markets. ABOUT THE COMPANY SoLa Impact is an award-winning social impact, development, and investment company focused exclusively on creating high-quality affordable housing. Over the last several years, we have raised almost $500 million in equity — allowing us to deploy well over $1.5 billion toward addressing the housing crisis in Los Angeles and throughout Southern California. Founded with the belief that smart investment can drive socioeconomic change, SoLa Impact focuses on creating sustainable, dignified living environments that empower residents and uplift neighborhoods. Only five years after starting its first ground-up project, SoLa Impact was recognized as the 16th largest developer in the nation, and the largest developer based in California by the National Multifamily Housing Council. As part of SoLa Impact's broader mission to create social and economic opportunities, our innovative co-working and entrepreneurship hub The Beehive serves as a catalyst for change, empowering local entrepreneurs to build sustainable businesses and contribute to the revitalization of their neighborhoods. At SoLa Impact, we believe that socioeconomic advancement is a right, not a privilege, and we are committed to making this vision a reality. Join us and be part of a high-achieving team that not only focuses on building affordable housing, but creating opportunities and hope for a better future for all. REPORTS TO:
Chief Operating Officer ESSENTIAL DUTIES Asset Strategy & Business Plan Execution Execute and refine asset-level strategies to maximize value, cash flow, and risk-adjusted returns. Drive disciplined execution of business plans, including value-add initiatives and asset repositioning. Evaluate market conditions and exit options; recommend refinancing, recapitalization, or disposition strategies. Financial Oversight & Analysis Own asset-level financial models, underwriting assumptions, and valuation analyses. Lead budgeting and long-range capital planning; assess performance against underwriting and investor targets. Analyze operating results, identify variances, and implement corrective or value-enhancing actions. Produce cash flow forecasts, capital deployment analyses, and distribution projections. Portfolio & Operational Management Provide strategic oversight of property operations in partnership with Property Management, Leasing, and Construction. Oversee capital improvement programs, construction execution, and major leasing initiatives. Assess asset condition and operational discipline to ensure alignment with business plans. Investor, Stakeholder & Reporting Prepare and present asset- and fund-level reporting to leadership, investment committees, and investors. Address investor and lender inquiries with clear, data-driven insights. Ensure compliance with joint venture agreements, loan covenants, and investment structures. Transactions & Lifecycle Management Support acquisitions through underwriting review, diligence, and capital plan evaluation. Partner on financing, refinancing, and disposition execution. Coordinate with legal, accounting, and capital partners across the full investment lifecycle. Leadership & Cross-Functional Collaboration Provide leadership and oversight to analysts and junior team members. Partner cross-functionally to align asset execution with organizational objectives. Champion data-driven decision-making and continuous improvement across the portfolio. Education & Experience Undergraduate degree with a proven track record of academic excellence; concentration in Real Estate, Finance, Accounting, or a related field strongly preferred. 7-10+ years of progressive experience in asset management, real estate private equity, portfolio management, or related disciplines. Deep understanding of commercial real estate fundamentals, investment structures, and asset lifecycle management. Demonstrated experience working with joint venture partners, lenders, brokers, and institutional investors. Skills & Abilities Exceptional financial modeling, valuation, and analytical skills. Advanced proficiency in Microsoft Excel and PowerPoint. Strong data fluency with the ability to synthesize large datasets into actionable insights. Experience with property management and reporting systems (e.g., Yardi) and workflow platforms. Familiarity with advanced analytics, business intelligence tools, and emerging technologies (e.g., PowerBI, AI-enabled analysis) is a plus. Benefits SoLa Impact offers a comprehensive benefits package that includes paid vacation, medical, dental, vision, life insurance, pet insurance, sick leave, 10 paid holidays, and bereavement days. This package is designed to support employees’ well-being and financial protection. Strongly prefer candidates local to Los Angeles as no relocation assistance will be provided. SoLa Impact is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, disability, national origin, veteran status or any other basis covered by applicable law. All employment is decided on qualifications, merit, and business need. Disclaimer: SoLa Impact conducts thorough background checks, including education and employment verification, following an offer letter extension. We are committed to integrity throughout our hiring process. Candidates are advised to ensure all information provided in their resume and application is true and accurate. Any discrepancies may affect your eligibility for employment. The submission of your job application certifies that all information provided in this application is true, accurate, and complete to the best of your knowledge. You understand that any false statements, misrepresentations, or omissions—including those related to education or employment history—may result in rescission of an employment offer or termination of employment.
#J-18808-Ljbffr
SALARY: $140K-$180K per year plus discretionary bonus M-F: IN-OFFICE REQUIRED JOB SUMMARY If you are motivated by building value, not just maintaining it, this role offers the platform, exposure, and responsibility to do exactly that. The Senior Associate, Asset Management sits at the center of SoLa Impact's investment engine, owning asset performance from strategy to execution across a growing multifamily portfolio. This role is built for a decisive, analytically elite operator who thrives on accountability, complexity, and results. Success in this role requires sharp judgment, technical depth, and the ability to lead cross-functional teams across Acquisitions, Property Management, Construction, Leasing, Accounting, and Capital Markets. ABOUT THE COMPANY SoLa Impact is an award-winning social impact, development, and investment company focused exclusively on creating high-quality affordable housing. Over the last several years, we have raised almost $500 million in equity — allowing us to deploy well over $1.5 billion toward addressing the housing crisis in Los Angeles and throughout Southern California. Founded with the belief that smart investment can drive socioeconomic change, SoLa Impact focuses on creating sustainable, dignified living environments that empower residents and uplift neighborhoods. Only five years after starting its first ground-up project, SoLa Impact was recognized as the 16th largest developer in the nation, and the largest developer based in California by the National Multifamily Housing Council. As part of SoLa Impact's broader mission to create social and economic opportunities, our innovative co-working and entrepreneurship hub The Beehive serves as a catalyst for change, empowering local entrepreneurs to build sustainable businesses and contribute to the revitalization of their neighborhoods. At SoLa Impact, we believe that socioeconomic advancement is a right, not a privilege, and we are committed to making this vision a reality. Join us and be part of a high-achieving team that not only focuses on building affordable housing, but creating opportunities and hope for a better future for all. REPORTS TO:
Chief Operating Officer ESSENTIAL DUTIES Asset Strategy & Business Plan Execution Execute and refine asset-level strategies to maximize value, cash flow, and risk-adjusted returns. Drive disciplined execution of business plans, including value-add initiatives and asset repositioning. Evaluate market conditions and exit options; recommend refinancing, recapitalization, or disposition strategies. Financial Oversight & Analysis Own asset-level financial models, underwriting assumptions, and valuation analyses. Lead budgeting and long-range capital planning; assess performance against underwriting and investor targets. Analyze operating results, identify variances, and implement corrective or value-enhancing actions. Produce cash flow forecasts, capital deployment analyses, and distribution projections. Portfolio & Operational Management Provide strategic oversight of property operations in partnership with Property Management, Leasing, and Construction. Oversee capital improvement programs, construction execution, and major leasing initiatives. Assess asset condition and operational discipline to ensure alignment with business plans. Investor, Stakeholder & Reporting Prepare and present asset- and fund-level reporting to leadership, investment committees, and investors. Address investor and lender inquiries with clear, data-driven insights. Ensure compliance with joint venture agreements, loan covenants, and investment structures. Transactions & Lifecycle Management Support acquisitions through underwriting review, diligence, and capital plan evaluation. Partner on financing, refinancing, and disposition execution. Coordinate with legal, accounting, and capital partners across the full investment lifecycle. Leadership & Cross-Functional Collaboration Provide leadership and oversight to analysts and junior team members. Partner cross-functionally to align asset execution with organizational objectives. Champion data-driven decision-making and continuous improvement across the portfolio. Education & Experience Undergraduate degree with a proven track record of academic excellence; concentration in Real Estate, Finance, Accounting, or a related field strongly preferred. 7-10+ years of progressive experience in asset management, real estate private equity, portfolio management, or related disciplines. Deep understanding of commercial real estate fundamentals, investment structures, and asset lifecycle management. Demonstrated experience working with joint venture partners, lenders, brokers, and institutional investors. Skills & Abilities Exceptional financial modeling, valuation, and analytical skills. Advanced proficiency in Microsoft Excel and PowerPoint. Strong data fluency with the ability to synthesize large datasets into actionable insights. Experience with property management and reporting systems (e.g., Yardi) and workflow platforms. Familiarity with advanced analytics, business intelligence tools, and emerging technologies (e.g., PowerBI, AI-enabled analysis) is a plus. Benefits SoLa Impact offers a comprehensive benefits package that includes paid vacation, medical, dental, vision, life insurance, pet insurance, sick leave, 10 paid holidays, and bereavement days. This package is designed to support employees’ well-being and financial protection. Strongly prefer candidates local to Los Angeles as no relocation assistance will be provided. SoLa Impact is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, disability, national origin, veteran status or any other basis covered by applicable law. All employment is decided on qualifications, merit, and business need. Disclaimer: SoLa Impact conducts thorough background checks, including education and employment verification, following an offer letter extension. We are committed to integrity throughout our hiring process. Candidates are advised to ensure all information provided in their resume and application is true and accurate. Any discrepancies may affect your eligibility for employment. The submission of your job application certifies that all information provided in this application is true, accurate, and complete to the best of your knowledge. You understand that any false statements, misrepresentations, or omissions—including those related to education or employment history—may result in rescission of an employment offer or termination of employment.
#J-18808-Ljbffr