CRE Portfolio Asset Management Analyst
WinOps, Boston, MA, United States
Overview
WinOps Management Services is an affiliate of Winthrop Capital Advisors LLC, a Boston-based commercial real estate investment management firm. Winthrop operates across four strategic business lines: operating properties, real estate securities, platform joint venture investments, and loans—providing a broad and dynamic platform for the professionals who work here. WinOps serves as the asset management arm of this platform, delivering hands‑on portfolio oversight and operational support across both debt and equity investment vehicles.
We are in a period of meaningful growth, expanding our third‑party asset management business and taking on new client relationships that are adding significant scale to our portfolio. This role is being created to support that growth and will offer the right candidate exposure to a wide variety of asset types, investment structures, and analytical responsibilities across a growing platform. Our team is based in Boston, MA and operates on a four‑day in‑office one‑day remote schedule.
Summary This is a unique opportunity to join a growing platform and gain broad exposure across both debt and equity commercial real estate asset management. The Analyst will be an active member of the asset management team for complex assets within a series of Commercial Real Estate debt‑oriented investment vehicles, including first mortgage loans, mezzanine loans, preferred equity, real estate debt and equity securities, and other varied sophisticated credit investments as well as direct equity investments. In addition, the Analyst will support asset management responsibilities for a third‑party client portfolio, including NAV calculations, fair‑value model maintenance, and portfolio‑level reporting across a large portfolio of partnership assets.
Essential Functions
Work as a team with commercial real estate portfolio asset managers
Produce monthly and quarterly surveillance summaries and reporting for senior review which contain all relevant information related to monitoring borrower performance against business plan and compliance against loan documents as well as aggregated portfolio metrics
Prepare cash flow models used for forecasting and investment performance
Generate new reporting as necessary to monitor evolving risks
Externally interact with borrowers, servicers, individual market experts and other transaction parties
Meet strict monthly and quarterly deadlines
Respond quickly and professionally to ad‑hoc questions and requests for analysis
Interact closely with Boston, MA and New York, NY teams
Perform periodic equity investment NAV calculations and maintain fair‑value Excel models, including updating underlying assumptions, inputs, and market data on a recurring basis
Review fair‑value model outputs to identify metrics or inputs that fall outside of established ranges or appear anomalous; flag and elevate discrepancies to the team for review and resolution in a timely manner
Support third‑party asset management responsibilities for a managed client portfolio by coordinating with deal partners to collect property‑level financial statements and operating reports from each individual partnership investment
Collect and gross up partnership‑level property financials for a portfolio of 100+ assets within property management and accounting software; ensure data integrity and consistency across all partnership deals to support accurate portfolio‑level reporting
Aggregate property‑level financial data across the managed client partnership portfolio and produce comprehensive reports on overall portfolio performance, including key operating metrics, occupancy, and NOI trends
Review construction loan draws and project progress against milestones, working with servicers and construction consultants to ensure borrowers have achieved conditions precedent to funding
Request reporting packages and updates from borrowers to complete reports and analysis, as necessary
Proactively monitor local markets, real estate industry news and trends as well as specific tenant health
Review monthly loan reporting packages and summarize key metrics, changes and risks
Qualifications
Minimum of two to three years of relevant experience in commercial real estate asset management, credit, or investments required; exposure to both debt and equity asset types preferred
Advanced proficiency in Microsoft Excel required, including hands‑on experience updating and analyzing complex financial and valuation models; comfort navigating multi‑tab models and identifying errors or anomalies in model outputs
Proficiency in Microsoft Office suite (Word, PowerPoint) and Argus software
Ability to input, reconcile, and gross up partnership‑level financial data is a plus but not required
Familiarity with NAV calculations and fair‑value modeling for real estate investment vehicles preferred
Experience managing or reporting on large portfolios of partnership or joint venture assets, including aggregating financials from multiple deals
Exceptional organizational, analytical and problem‑solving skills
Superior verbal and written communication skills
Extremely detail‑oriented, resourceful, and highly motivated with a strong work ethic and pride of ownership in end work product
Proven ability to manage multiple projects and work well under time/other constraints
Required Education Bachelor’s degree required, preferably with a concentration in Real Estate, Business or Finance.
Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. This person should be nimble and be able to adjust to the ever‑changing environment.
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We are in a period of meaningful growth, expanding our third‑party asset management business and taking on new client relationships that are adding significant scale to our portfolio. This role is being created to support that growth and will offer the right candidate exposure to a wide variety of asset types, investment structures, and analytical responsibilities across a growing platform. Our team is based in Boston, MA and operates on a four‑day in‑office one‑day remote schedule.
Summary This is a unique opportunity to join a growing platform and gain broad exposure across both debt and equity commercial real estate asset management. The Analyst will be an active member of the asset management team for complex assets within a series of Commercial Real Estate debt‑oriented investment vehicles, including first mortgage loans, mezzanine loans, preferred equity, real estate debt and equity securities, and other varied sophisticated credit investments as well as direct equity investments. In addition, the Analyst will support asset management responsibilities for a third‑party client portfolio, including NAV calculations, fair‑value model maintenance, and portfolio‑level reporting across a large portfolio of partnership assets.
Essential Functions
Work as a team with commercial real estate portfolio asset managers
Produce monthly and quarterly surveillance summaries and reporting for senior review which contain all relevant information related to monitoring borrower performance against business plan and compliance against loan documents as well as aggregated portfolio metrics
Prepare cash flow models used for forecasting and investment performance
Generate new reporting as necessary to monitor evolving risks
Externally interact with borrowers, servicers, individual market experts and other transaction parties
Meet strict monthly and quarterly deadlines
Respond quickly and professionally to ad‑hoc questions and requests for analysis
Interact closely with Boston, MA and New York, NY teams
Perform periodic equity investment NAV calculations and maintain fair‑value Excel models, including updating underlying assumptions, inputs, and market data on a recurring basis
Review fair‑value model outputs to identify metrics or inputs that fall outside of established ranges or appear anomalous; flag and elevate discrepancies to the team for review and resolution in a timely manner
Support third‑party asset management responsibilities for a managed client portfolio by coordinating with deal partners to collect property‑level financial statements and operating reports from each individual partnership investment
Collect and gross up partnership‑level property financials for a portfolio of 100+ assets within property management and accounting software; ensure data integrity and consistency across all partnership deals to support accurate portfolio‑level reporting
Aggregate property‑level financial data across the managed client partnership portfolio and produce comprehensive reports on overall portfolio performance, including key operating metrics, occupancy, and NOI trends
Review construction loan draws and project progress against milestones, working with servicers and construction consultants to ensure borrowers have achieved conditions precedent to funding
Request reporting packages and updates from borrowers to complete reports and analysis, as necessary
Proactively monitor local markets, real estate industry news and trends as well as specific tenant health
Review monthly loan reporting packages and summarize key metrics, changes and risks
Qualifications
Minimum of two to three years of relevant experience in commercial real estate asset management, credit, or investments required; exposure to both debt and equity asset types preferred
Advanced proficiency in Microsoft Excel required, including hands‑on experience updating and analyzing complex financial and valuation models; comfort navigating multi‑tab models and identifying errors or anomalies in model outputs
Proficiency in Microsoft Office suite (Word, PowerPoint) and Argus software
Ability to input, reconcile, and gross up partnership‑level financial data is a plus but not required
Familiarity with NAV calculations and fair‑value modeling for real estate investment vehicles preferred
Experience managing or reporting on large portfolios of partnership or joint venture assets, including aggregating financials from multiple deals
Exceptional organizational, analytical and problem‑solving skills
Superior verbal and written communication skills
Extremely detail‑oriented, resourceful, and highly motivated with a strong work ethic and pride of ownership in end work product
Proven ability to manage multiple projects and work well under time/other constraints
Required Education Bachelor’s degree required, preferably with a concentration in Real Estate, Business or Finance.
Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. This person should be nimble and be able to adjust to the ever‑changing environment.
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