Associate, Acquisitions & Asset Management

ABOUT US ( )

The Martin Group of Companies, LLC (“TMGOC

”), founded in 1984, is a real estate investment, development and management firm that develops and acquires residential and mixed-use properties throughout California. We focus on housing located near durable demand drivers such as hospitals, life science clusters and universities in supply-constrained regions across California. We focus on misunderstood assets, have a deep understanding of our market and build meaningful relationships with our communities. Headquartered in Oakland, CA, The Martin Group has developed/redeveloped over 24 million square feet of commercial space and over 20,000 residential units since its founding.

POSITION DESCRIPTION

ASSOCIATE, ACQUISITIONS & ASSET MANAGEMENT

REPORTING TO: Director, Development

LOCATION : Oakland, CA (In Office)

SUMMARY

The Associate will be a key member of the team owning underwriting and analysis for new acquisitions and developments and driving asset management execution across the firm's portfolio. The role carries direct deal and asset responsibility, works closely with senior leadership on investment decisions, and is expected to operate independently with strong judgment and attention to detail.

This position was created to add senior deal capacity within the team. The Martin Group develops and manages its assets under one roof, with an Associates who demonstrates strong investment judgment and command of the development process with a clear path toward project leadership and broader portfolio responsibility.

Essential Responsibilities

Investments & Underwriting

· Own underwriting and lead construction of property-level financial models in Excel: acquisition pro formas, sensitivity analysis, scenario modeling, and waterfall/promote structures.

· Develop and defend underwriting assumptions — rent comps, submarket supply and demand, cap rate trends, and comparable sales — and direct supporting market research.

· Lead acquisition due diligence workstreams on new investments and manage third-party consultants - PCRs, environmental reports, leases, loan and JV documents support, appraisals, and service contracts.

· Prepare investment committee memos and OM’s for acquisitions, developments, financings, and dispositions, and present recommendations to senior leadership.

Asset Management & Reporting

· Oversee monthly asset management reporting for internal review and external investors, including review of analyst work product prior to distribution.

· Lead the annual operating budget process and quarterly asset valuations in partnership with VP of Asset Management and property teams.

· Review and assist with recommended new lease rates, renewal offers, and lease expiration schedules.

· Prepare weekly submarket reports across regions where TMG operates.

· Conduct ad-hoc financial analyses for capital plan decisions, refinancings, and sell/hold evaluations.

· Develop and execute asset-level business plans for assigned properties, track performance against underwriting and recommend course corrections.

· Coordinate construction draw preparation and lender reporting packages for development-phase assets.

· Communicate with property-level service providers: regional managers, property managers, and maintenance staff.

· Communicate with asset-level counterparties: brokers, attorneys, architects, contractors, and lenders.

Competencies

· Self-motivated with a demonstrated track record of working independently and as part of a cross-functional team.

· Results-oriented with the ability to identify issues and develop appropriate action plans.

· Proactive, detail-oriented problem-solver with strong organizational and time management skills.

· Effective communicator across multiple levels of an organization, both internally and externally.

· Exercises independent judgment on deal-level and asset-level decisions, with the confidence to take a position and defend it.

· Contributes to the development of junior team members through mentorship and review of work product.

· Committed to accuracy, quality, and contributing positively to team culture.

· Genuine interest in real estate development, community stewardship and the built environment; motivated by the long-term complexity of the development process, not just the transaction.

Qualifications

· 3-5 years of rigorous analytical experience with direct commercial real estate exposure (preference towards multi-family) — investment banking, institutional investment funds, operator lead platforms or similar — including demonstrated investments and/or asset management experience.

· Advanced Excel proficiency required: multi-tab financial models, waterfall structures, IRR/EM analysis, debt sizing and sensitivities.

· Solid grasp of real estate finance fundamentals: NOI, cap rates, debt structures, GAAP accounting basics and LP/GP waterfall mechanics.

· Strong written communication: production of memos, investor reports, and external materials that go directly to partners and LPs.

· Independently managing multiple live deadlines, including transactions from LOI through closing.

· Proficient with Yardi, RealPage, CoStar, or comparable platforms. Juniper Square experience is additional desired experience. .

Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

THE MARTIN GROUP OF COMPANIES, LLC IS AN EQUAL OPPORTUNITY EMPLOYER

For more information, please contact:

Donna Godbout

Human Resources

***email_hidden***

281.703.7707