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Real Estate Operations & Investments Associate

Lightrock Management, New York, NY, United States


Real Estate Operations & Investments Associate

Location:

Job Type:

Full-Time | In Person Schedule:

Monday–Friday (High-ownership role; Compensation:

$70,000–$75,000 base + performance-based bonus with clear, measurable targets tied to property performance, cost savings, and construction execution. First-year on-target earnings of $90,000–$130,000+ for strong performers. This role is designed for someone who wants to accelerate into real estate investing and senior leadership, not sit in a traditional corporate track. You will work directly with the founder and take on increasing responsibility across operations, asset management, and construction execution.

We are a

growing real estate investment and management firm

with

over $18 million in assets under management

, focused on acquiring and redeveloping value-add multifamily, mixed-use

, and industrial properties

across the New York metro area. Our team operates with a

startup mentality

— lean, fast-moving, and entrepreneurial. We value people who can think independently, take initiative, and bring creative solutions to the table. We are hiring a Real Estate Operations & Investments Associate— a high-ownership role responsible for managing and improving the performance of our current portfolio (59 apartments and 5 retail units) while helping us build the operational infrastructure for future growth. You will work directly with ownership and gradually take full responsibility for day-to-day property and asset operations, allowing leadership to focus on acquisitions and expansion. This is an operations leadership track role inside a scaling investment firm. Portfolio & Asset Management Serve as primary operator across the portfolio Oversee tenant relations, renewals, collections, and court appearances as needed Maintain high occupancy and strong rent collection performance Identify recurring operational issues and implement permanent solutions Improve property-level performance and increase NOI Expense Control & Vendor Management Audit expenses and identify cost-saving opportunities Oversee vendor performance and accountability Review and approve invoices (non-bookkeeping oversight) Oversee active construction or value-add projects Ensure projects remain on schedule and within budget Proactively manage contractor relationships Maintain structured digital file systems (OneDrive, AppFolio) Use AI tools to streamline reporting, leasing workflows, and internal processes Reporting & Performance Tracking Prepare property-level performance reports Monitor KPIs (NOI, occupancy, expense ratios, collections) Support acquisition due diligence and data organization Assist with investment memoranda and portfolio analysis

Performance-Based Bonus Structure Compensation includes a performance-based bonus tied directly to measurable portfolio performance, including: Occupancy and collections performance Implementation of systems and operational improvements This role is structured for someone who wants their compensation to grow as they create value.

Bachelor’s degree (or graduating soon; 0–2 years of real estate experience (property management, asset management, or related field preferred) ~ Strong financial literacy with good Excel skills ~ strong computer skills and ability to quickly learn new systems ~ Must have a car and be willing to travel locally to properties (1–3x per week) ~ Want to grow into a senior operations leadership role Want your income, responsibility, and upside to scale with performance

Ground-floor opportunity in a growing real estate investment firm · Direct exposure to ownership, asset management, and acquisitions · Performance-driven upside with long-term wealth creation potential

If you’re hungry, growth-oriented, and ready to take ownership inside a fast-scaling real estate firm, we want to hear from you. Apply today and help us build the next stage of our investment platform.