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Real Estate Operations & Investments Associate

Lightrock Management, New York, NY, United States


Location:

Manhattan, NY (Near Grand Central)

Job Type:

Full-Time | In Person

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. Additional long-term upside through participation in deal carry (promote).

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.

About Us 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. As we expand our portfolio, we’re looking for a hands‑on team member who wants to

grow with the company

and play a key role in shaping its future.

The Role 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 role is ideal for someone who:

Wants real responsibility

Thinks like an owner

Wants to grow into a senior leadership role over time

This is not a maintenance coordination job.

This is an operations leadership track role inside a scaling investment firm.

This is a high-responsibility role where you will be expected to operate with urgency, solve problems independently, and take full ownership of outcomes.

Core Responsibilities

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

Audit expenses and identify cost‑saving opportunities

Renegotiate vendor contracts and service agreements

Oversee vendor performance and accountability

Review and approve invoices (non‑bookkeeping oversight)

Construction & CapEx Oversight

Oversee active construction or value‑add projects

Solicit and analyze bids

Ensure projects remain on schedule and within budget

Proactively manage contractor relationships

Systems, Organization & AI Integration

Maintain structured digital file systems (OneDrive, AppFolio)

Implement operational efficiencies and automation

Use AI tools to streamline reporting, leasing workflows, and internal processes

Build SOPs and scalable systems to support future growth

Reporting & Performance Tracking

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:

Expense reduction and vendor optimization

Occupancy and collections performance

Construction execution within budget

Implementation of systems and operational improvements

This role is structured for someone who wants their compensation to grow as they create value.

What We’re Looking For Requirements:

Bachelor’s degree (or graduating soon; strong candidates without may be considered)

0–2 years of real estate experience (property management, asset management, or related field preferred)

Strong financial literacy with good Excel skills

Highly organized with strong attention to detail

Tech-savvy; strong computer skills and ability to quickly learn new systems

Interest in AI, automation, and improving operational efficiency

Must have a car and be willing to travel locally to properties (1–3x per week)

Ability to commute to Manhattan within ~45 minutes

You’ll Thrive Here If You:

Want to grow into a senior operations leadership role

Think critically and operate independently

Have an entrepreneurial mindset and take initiative without being told

Take full ownership of your work without needing micromanagement

Perform well in a fast-paced, high-accountability environment

Want your income, responsibility, and upside to scale with performance

Why Join Us

Ground‑floor opportunity in a growing real estate investment firm

Direct exposure to ownership, asset management, and acquisitions

Real responsibility from day one — not a siloed corporate role

Clear path to senior leadership as the portfolio scales

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.

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