Associate Investment Manager, Asset Management

Kairos Investment Management Company is a real estate private equity firm whose predecessor was founded in 2005 to focus on value-based real estate investments in the lower middle market with a long-term orientation and often with a contrarian approach. As of March 31, 2024, the Kairos team has transacted on $4.2 billion of real estate, including over 25,000 multifamily units and 23 million square feet of commercial property nationwide.

Job Summary:

The Associate Investment Manager, Asset Management will work directly with the Investment Directors to manage a national portfolio of both affordable and market rate multifamily assets. This position is responsible for analyzing market trends, conducting research, and developing investment strategies that align with the business plan objectives.

Job Responsibilities:

  • Assisting in the maximization of asset values and NOI, which includes understanding asset position relative to market, asset specific restraints, executing on property and portfolio specific value add strategies and implementation thereof.
  • Partner with internal Operations, Finance, Construction, Investor Relations and 3rd party Property Management to prepare, execute and monitor monthly financial performance in relationship to the budgets and business plans for each property.
  • Develop and maintain a strong understanding of local markets (competition, supply pipeline, and demand drivers)
  • Ensure assets are adhering to all regulatory requirements and internally imposed operating restrictions to further sustainability measures.
  • Review capital expenditure budgets and projects and monitor their monthly progress by acting as the liaison between Asset Management and 3rd party vendors.
  • Asset Management support for the Acquisition team in conducting new property inspections, reviewing due diligence materials, and working in collaboration for final underwriting.
  • Attend physical inspections as needed with the Investment Directors to develop a thorough understanding of each property, objectives, and its unique challenges.
  • Assist Investment Directors with any lender and investor reporting requirements.
  • Assist with any other Asset Management duties as assigned.

Qualifications & Competencies:

  • Bachelor’s degree in business, finance or related field.
  • Minimum 5 years of experience in financial analysis or business analytics, real estate industry required and experience in the multifamily sector is highly preferred.
  • LIHTC experience preferred but not required.
  • Well-organized and detailed oriented individual with the highest degree of integrity, motivation and intellectual curiosity.
  • Skilled in working across heavily matrixed organizations which requires significant influencing and collaboration skills.
  • Ability to travel as necessitated.
  • Ability to work in the Irvine, CA office 5 days a week.

Benefits:

  • Medical, dental, vision, life and disability insurance coverage
  • Holiday pay (currently observe 11 holidays per year)
  • 16 days per year of paid time off (vacation and sick time)
  • 401k access with company contribution matching

Compensation:

The annual U.S. based wage range for this full-time position is $108,000 – $120,000. The base pay actually offered will vary depending on job-related knowledge, skills, location and experience and will take into account internal equity.  Other forms of pay may be provided as part of the compensation package, in addition to a full range of health & wellness benefits. For more information regarding Kairos Investment Management Company benefits, please visit https://kimc.com/careers/

Copyright © 2024 Kairos Investment Management Company | Disclosures

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