Asset & Investment Management Analyst - Multifamily Private Equity
Bluecrest Living, 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.
Asset & Investment Management Analyst
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 Analyst focuses 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
Requirements
Bachelor's Degree in Finance, Economics, Accounting, Business or related field
0-4 years of experience in multifamily real estate private equity, or investment banking
Strong financial modeling skills in Excel (ability to build and audit models)
Proficiency in PowerPoint and experience preparing investment materials
Strong analytical skills with experience working with large datasets (rent rolls, T-12s, budgets)
Preferred Requirements
At least one year of experience with multifamily underwriting and development projects
Experience with construction budgets, draw processes, and cost tracking
Exposure to AI tools or interest in applying technology to investment workflows
Benefits
Competitive Salary – salary range $80,000 to $110,000, based on relevant experience
Performance Bonuses – 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 holidays
Paid Volunteer Hours – 8 hours of paid volunteer time available 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 discounts with Verizon (18%) and Expedia (10%)
Certification Reimbursement – full reimbursement for approved industry-related certifications, including CAM, CPO, EPA, and more
EOE
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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.
Asset & Investment Management Analyst
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 Analyst focuses 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
Requirements
Bachelor's Degree in Finance, Economics, Accounting, Business or related field
0-4 years of experience in multifamily real estate private equity, or investment banking
Strong financial modeling skills in Excel (ability to build and audit models)
Proficiency in PowerPoint and experience preparing investment materials
Strong analytical skills with experience working with large datasets (rent rolls, T-12s, budgets)
Preferred Requirements
At least one year of experience with multifamily underwriting and development projects
Experience with construction budgets, draw processes, and cost tracking
Exposure to AI tools or interest in applying technology to investment workflows
Benefits
Competitive Salary – salary range $80,000 to $110,000, based on relevant experience
Performance Bonuses – 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 holidays
Paid Volunteer Hours – 8 hours of paid volunteer time available 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 discounts with Verizon (18%) and Expedia (10%)
Certification Reimbursement – full reimbursement for approved industry-related certifications, including CAM, CPO, EPA, and more
EOE
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