Asset & Investment Management Analyst - Multifamily Private Equity
Bluecrest Residential, Newport Beach, CA, United States
Bluecrest Residential ("Bluecrest") is a privately owned real estate investment company headquartered in Newport Beach, CA. Bluecrest principals have owned and operated a multifamily portfolio totaling more than 16,000 units and in high-growth secondary markets. Bluecrest’s competitive advantage stems from its long-standing industry relationships and its fully integrated property management, asset management, and data analytics platform.
Since 2018, Bluecrest principals have been investing preferred equity in multifamily assets on behalf of large institutional investors. In 2022, Bluecrest principals were the largest seller of multifamily in the US and has consistently delivered exceptional results, with deal level IRRs exceeding 30% annually since inception. Going forward, Bluecrest is looking to acquire high-quality multifamily assets across the Sunbelt and continue to invest preferred equity in multifamily development projects.
Bluecrest is adding an
Asset & Investment Management Analyst
to support our multifamily investment team in Newport Beach, CA. This role offers direct exposure to all aspects of the investment lifecycle, working closely with senior leadership on portfolio monitoring, construction management, investor reporting, and complex investment situations. The Analyst will play a key role in evaluating investment performance, identifying risks and opportunities, and supporting strategic decision‑making across the portfolio.
The
Asset & Investment Management Analyst
focused on asset management and portfolio operations (75% of time), while also providing direct exposure to acquisitions, underwriting, and investment team initiatives (25% of time).
Key Responsibilities
Acquisitions & Underwriting
Build and maintain detailed financial models for multifamily acquisitions and development projects
Analyze rent rolls, T-12s, budgets, and market data to reforecast portfolio performance
Support investment reporting materials, including memos, return analysis, and scenario modeling
Assist in due diligence processes, including review of third‑party reports and financial data
Construction & Development Oversight
Track construction progress, budgets, and timelines across active development projects
Analyze cost‑to‑complete, draw requests, and construction variances
Assist in evaluating change orders, contractor performance, and project risks
Coordinate with developers and internal teams on construction‑related reporting and requirements
Portfolio Monitoring & Reporting
Prepare monthly and quarterly portfolio reporting materials for internal and investor use
Perform variance analysis against underwriting and reforecast projections
Support cash flow forecasting and performance tracking across investments
Investment Memos & Special Situations
Assist in evaluating underperforming or complex investments, including restructurings and workout scenarios
Prepare analytical memos with clear recommendations for senior leadership
Conduct ad hoc analyses on strategic initiatives, capital events, and portfolio decisions
AI & Process Optimization
Leverage AI tools (e.g., Claude, ChatGPT, Excel integrations) to streamline underwriting, reporting, and workflows
Help develop and refine internal processes to improve efficiency and scalability
Identify opportunities to automate recurring analyses and enhance data quality
Qualifications
Bachelor's Degree in Finance, Economics, Accounting, Business or related field.
You have at zero‑four years of experience in multifamily real estate private equity, or investment banking.
You have strong financial modeling skills in Excel (ability to build and audit models)
You are proficient in PowerPoint and have experience preparing investment materials
You have strong analytical skills with experience working with large datasets (rent rolls, T-12s, budgets)
Preferred Requirements
You have at least one year of experience with multifamily underwriting and development projects
You have experience with construction budgets, draw processes, and cost tracking
You have exposure to AI tools or interest in applying technology to investment workflows
Competitive Salary
The salary for this position will be determined based on the candidate's total relevant experience. Relevant experience would be 0-4 years underwriting multifamily acquisitions. We anticipate the salary range to be from $80,000 to $110,000.
Performance Bonuses
Our corporate team participates in performance‑based bonuses.
Paid Time Off
Unlimited DTO starting upon hire.
Mentorship
Work with an experienced team of multifamily investment professionals.
Holiday Pay
10 full paid holiday.
Paid Volunteer Hours
8 hours of paid volunteer time you can use throughout the year.
Housing Discounts
25% off rent available for all employees off any unit.
Comprehensive Insurance Benefits
Medical PPO, HDHP, FSA, HSA with employer match Dental, Vision, STD, & LTD.
Retirement Plan
401K with a 25% company match up to 6%.
Travel & Personal Discounts
Company rate National/Enterprise rental cars for leisure travel, plus additional discounts with Verizon (18% discount) and Expedia (10% discount).
Certification Reimbursement
Full reimbursement for approved industry related certifications, including CAM, CPO, EPA, and more!
Tech Forward & Transparent Culture
Innovative internal software to make your job easier!
Cultural Appeal
We run on transparency and healthy debate (No Fear of Conflict); you are encouraged to appeal and share what is not working well. Your voice truly matters!
EOE
#J-18808-Ljbffr
Since 2018, Bluecrest principals have been investing preferred equity in multifamily assets on behalf of large institutional investors. In 2022, Bluecrest principals were the largest seller of multifamily in the US and has consistently delivered exceptional results, with deal level IRRs exceeding 30% annually since inception. Going forward, Bluecrest is looking to acquire high-quality multifamily assets across the Sunbelt and continue to invest preferred equity in multifamily development projects.
Bluecrest is adding an
Asset & Investment Management Analyst
to support our multifamily investment team in Newport Beach, CA. This role offers direct exposure to all aspects of the investment lifecycle, working closely with senior leadership on portfolio monitoring, construction management, investor reporting, and complex investment situations. The Analyst will play a key role in evaluating investment performance, identifying risks and opportunities, and supporting strategic decision‑making across the portfolio.
The
Asset & Investment Management Analyst
focused on asset management and portfolio operations (75% of time), while also providing direct exposure to acquisitions, underwriting, and investment team initiatives (25% of time).
Key Responsibilities
Acquisitions & Underwriting
Build and maintain detailed financial models for multifamily acquisitions and development projects
Analyze rent rolls, T-12s, budgets, and market data to reforecast portfolio performance
Support investment reporting materials, including memos, return analysis, and scenario modeling
Assist in due diligence processes, including review of third‑party reports and financial data
Construction & Development Oversight
Track construction progress, budgets, and timelines across active development projects
Analyze cost‑to‑complete, draw requests, and construction variances
Assist in evaluating change orders, contractor performance, and project risks
Coordinate with developers and internal teams on construction‑related reporting and requirements
Portfolio Monitoring & Reporting
Prepare monthly and quarterly portfolio reporting materials for internal and investor use
Perform variance analysis against underwriting and reforecast projections
Support cash flow forecasting and performance tracking across investments
Investment Memos & Special Situations
Assist in evaluating underperforming or complex investments, including restructurings and workout scenarios
Prepare analytical memos with clear recommendations for senior leadership
Conduct ad hoc analyses on strategic initiatives, capital events, and portfolio decisions
AI & Process Optimization
Leverage AI tools (e.g., Claude, ChatGPT, Excel integrations) to streamline underwriting, reporting, and workflows
Help develop and refine internal processes to improve efficiency and scalability
Identify opportunities to automate recurring analyses and enhance data quality
Qualifications
Bachelor's Degree in Finance, Economics, Accounting, Business or related field.
You have at zero‑four years of experience in multifamily real estate private equity, or investment banking.
You have strong financial modeling skills in Excel (ability to build and audit models)
You are proficient in PowerPoint and have experience preparing investment materials
You have strong analytical skills with experience working with large datasets (rent rolls, T-12s, budgets)
Preferred Requirements
You have at least one year of experience with multifamily underwriting and development projects
You have experience with construction budgets, draw processes, and cost tracking
You have exposure to AI tools or interest in applying technology to investment workflows
Competitive Salary
The salary for this position will be determined based on the candidate's total relevant experience. Relevant experience would be 0-4 years underwriting multifamily acquisitions. We anticipate the salary range to be from $80,000 to $110,000.
Performance Bonuses
Our corporate team participates in performance‑based bonuses.
Paid Time Off
Unlimited DTO starting upon hire.
Mentorship
Work with an experienced team of multifamily investment professionals.
Holiday Pay
10 full paid holiday.
Paid Volunteer Hours
8 hours of paid volunteer time you can use throughout the year.
Housing Discounts
25% off rent available for all employees off any unit.
Comprehensive Insurance Benefits
Medical PPO, HDHP, FSA, HSA with employer match Dental, Vision, STD, & LTD.
Retirement Plan
401K with a 25% company match up to 6%.
Travel & Personal Discounts
Company rate National/Enterprise rental cars for leisure travel, plus additional discounts with Verizon (18% discount) and Expedia (10% discount).
Certification Reimbursement
Full reimbursement for approved industry related certifications, including CAM, CPO, EPA, and more!
Tech Forward & Transparent Culture
Innovative internal software to make your job easier!
Cultural Appeal
We run on transparency and healthy debate (No Fear of Conflict); you are encouraged to appeal and share what is not working well. Your voice truly matters!
EOE
#J-18808-Ljbffr