CAREERS
We are always looking for exceptional candidates who want to be part of our dynamic, fast-paced organization.
Asset Manager
Reports to Office in New York, NY
The Asset Manager (AM) is responsible for ensuring the properties meet TBC’s financial goals. The AM plays a pivotal role in value creation and result reporting throughout the entire life cycle of properties, from stabilization to disposition. This role involves guiding the drafting of initial property business plans, executing investment strategies, consistently exploring value creation opportunities, and adapting strategies as necessary to respond to changing market conditions. The AM will review property financials with property management monthly and report on performance quarterly to investors and /or executive team.
Essential Functions
FINANCIAL OVERSIGHT
- Provide financial oversight of the property including development of business plans; provide guidance on operating budgets and 5-year capital expenditure plans to meet or exceed goals; perform variance analysis; monitor the monthly, quarterly and annual reporting process to assess performance against budget and underwriting.
- Analyze and distribute cash flow from the properties through the partnership waterfalls, including special distributions relating to capital transactions for refinancing, sale and other.
- Manage partner, agency and investor inquiries, requests, and issues.
- Conduct financial analysis and provide recommendations on arrears, budgeting, capital plans, cost containment strategies and cash flow proformas. Maintain, organize and archive critical documents, including loan documents, insurance records, building plans and records.
- Coordinate with property management company to optimize performance, including teams from Accounting, Maintenance and Leasing.
- Visit properties on a rotational basis.
- Assist with the process of determining the refinancing or disposition of properties, with research, analysis, marketing, negotiation and successful completion.
- Prepare and submit year-end audit information to outside accounting firms including investor updates and special requests as needed.
- Review and process all financial statements, tax returns and coordinate engagement requirements.
- Draft timely, detailed and accurate reporting by synthesizing relevant information and extracting data from several sources for both internal use and external investor reporting on a
quarterly and annual basis. - Oversees the production of quarterly reporting that includes property financial performance, financial projections and property valuations.
Work Environment:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, and printer. To be considered as an applicant for this position, you must demonstrate that you meet the basic qualifications of the job by sending your resume to us.
We are committed to providing equal employment opportunity (“EEO”) and will make employment decisions without regard to race, color, religion, national origin, citizenship, age, sex, gender, sexual orientation, sexual preference, gender identity or gender expression, veteran status, marital status, disability, or any other characteristic protected under applicable laws and regulations. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of disability, protected veteran status or any other characteristic protected under applicable laws and regulations. Under the Americans with Disabilities Act and other applicable laws We will provide reasonable accommodation to disabled applicants upon request during the application process to ensure equal opportunities to be considered for employment.
Acquisitions Associate
Reports to Office in New York, NY
ROLES & RESPONSIBILITIES
- Pursue real estate acquisition opportunities that match the asset type and geographical criteria for TBC
- Foster relationships with developers, investors, commercial and residential brokers, and other vendors (i.e. architects, attorneys, contractors, engineers) in pursuit markets
- Participate in a weekly TBC acquisitions call
- Collect information (i.e. offering memorandums, market reports, sale comps, and rent comps) on pursuit markets
- Database owners in pursuit markets and new markets
- Underwrite and analyze all new acquisition opportunities
- Assist in the facilitation of equity and debt financing for acquisitions
- Assist with existing TBC assets and projects as needed
Preferred Qualifications
- Very strong organizational skills and attention to detail required
- Ability to multitask and switch gears as needed
- Excellent communication skills required (both written and oral)
- Solid math skills (typing, data entry)
- Skillful in using the following programs including, but not limited to: Microsoft office programs such as Outlook, Word and Excel.
- Knowledge of multifamily housing
- Interpersonal skills with strong verbal and written communication skills
- Understanding of underwriting real estate deals
- Ability to cold call
Work Environment:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, and printer. To be considered as an applicant for this position, you must demonstrate that you meet the basic qualifications of the job by sending your resume to us.
We are committed to providing equal employment opportunity (“EEO”) and will make employment decisions without regard to race, color, religion, national origin, citizenship, age, sex, gender, sexual orientation, sexual preference, gender identity or gender expression, veteran status, marital status, disability, or any other characteristic protected under applicable laws and regulations. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of disability, protected veteran status or any other characteristic protected under applicable laws and regulations. Under the Americans with Disabilities Act and other applicable laws We will provide reasonable accommodation to disabled applicants upon request during the application process to ensure equal opportunities to be considered for employment.
Acquisitions Associate
Reports to Office in New York, NY
ROLES & RESPONSIBILITIES
- Pursue real estate acquisition opportunities that match the asset type and geographical criteria for TBC
- Foster relationships with developers, investors, commercial and residential brokers, and other vendors (i.e. architects, attorneys, contractors, engineers) in pursuit markets
- Participate in a weekly TBC acquisitions call
- Collect information (i.e. offering memorandums, market reports, sale comps, and rent comps) on pursuit markets
- Database owners in pursuit markets and new markets
- Underwrite and analyze all new acquisition opportunities
- Assist in the facilitation of equity and debt financing for acquisitions
- Assist with existing TBC assets and projects as needed
Preferred Qualifications
- Very strong organizational skills and attention to detail required
- Ability to multitask and switch gears as needed
- Excellent communication skills required (both written and oral)
- Solid math skills (typing, data entry)
- Skillful in using the following programs including, but not limited to: Microsoft office programs such as Outlook, Word and Excel.
- Knowledge of multifamily housing
- Interpersonal skills with strong verbal and written communication skills
- Understanding of underwriting real estate deals
- Ability to cold call
Work Environment:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, and printer. To be considered as an applicant for this position, you must demonstrate that you meet the basic qualifications of the job by sending your resume to us.
We are committed to providing equal employment opportunity (“EEO”) and will make employment decisions without regard to race, color, religion, national origin, citizenship, age, sex, gender, sexual orientation, sexual preference, gender identity or gender expression, veteran status, marital status, disability, or any other characteristic protected under applicable laws and regulations. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of disability, protected veteran status or any other characteristic protected under applicable laws and regulations. Under the Americans with Disabilities Act and other applicable laws We will provide reasonable accommodation to disabled applicants upon request during the application process to ensure equal opportunities to be considered for employment.