Associate, Acquisitions & Asset Management

About The Martin Group of Companies, LLC

Founded in 1984 and based in Oakland, CA, The Martin Group of Companies, LLC is a real estate development, investment, and management firm focusing on residential and mixed-use properties throughout California. They specialize in properties near key demand drivers like hospitals, life science hubs, and universities within supply-constrained areas. Since inception, the Group has developed or redeveloped over 24 million square feet of commercial spaces and more than 20,000 residential units.

Role Overview

The Associate in Acquisitions & Asset Management plays a crucial role, leading underwriting and financial analysis for acquisitions and developments while overseeing asset management activities across the company’s portfolio. Reporting to the Director of Development and working from the Oakland office, this position demands strong independent judgment, attention to detail, and collaboration with senior leadership on investment decisions. The role is designed to enhance deal capacity, combining investment acumen with development knowledge and providing a career track towards project leadership and expanded portfolio management.

Key Responsibilities

• Lead the creation and management of complex Excel-based property-level financial models including acquisition pro formas, sensitivity tests, scenario evaluations, and promote waterfall structures.
• Design and validate underwriting assumptions involving rent comparisons, submarket dynamics, capitalization rate trends, and comparable sales supported by detailed market research.
• Manage acquisition due diligence tasks for new investments coordinating third-party consultants for property condition reports, environmental assessments, lease reviews, loan and joint venture agreements, appraisals, and service contracts.
• Prepare investment committee documentation and offering memoranda for acquisitions, developments, financing, and disposition transactions, presenting these to senior leadership.
• Supervise monthly asset management reporting processes ensuring quality review prior to internal and investor distribution.
• Coordinate the annual budgeting process and quarterly asset valuation alongside the VP of Asset Management and property teams.
• Evaluate and advise on lease rates, renewal offers, and lease expiration timelines.
• Compile weekly submarket reports covering various operational regions.
• Conduct financial analyses related to capital planning, refinancing scenarios, and evaluation of sell or hold decisions.
• Develop and implement asset-level business plans, monitor performance against initial underwriting, and recommend adjustments as needed.
• Manage construction draw preparation and lender reporting for assets under development.
• Maintain communications with property-level service providers such as regional and property managers and maintenance personnel as well as asset-level partners including brokers, attorneys, architects, contractors, and lenders.

Required Skills and Qualifications

• 3 to 5 years of intensive analytical experience within commercial real estate, preferably with multi-family exposure, including roles in investment banking, institutional investment funds, or operator-led platforms with demonstrated investment and/or asset management responsibilities.
• Advanced Excel skills with the ability to design multi-tab financial models, perform waterfall analyses, IRR and equity multiple computations, debt sizing, and sensitivity analysis.
• Strong foundational knowledge of real estate finance concepts such as net operating income, cap rates, debt structures, GAAP accounting principles, and LP/GP waterfall distribution mechanics.
• Excellent written communication skills demonstrated by producing memos, investor reports, and external materials intended for partners and limited partners.
• Ability to independently manage multiple real estate transactions and deadlines simultaneously from letters of intent through closing.
• Proficiency with real estate software like Yardi, RealPage, and CoStar; experience with Juniper Square is advantageous.

Personal Competencies

• Self-driven with a proven ability to work autonomously and collaboratively across teams.
• Result-oriented, capable of identifying challenges and formulating effective solutions.
• Detail-minded and proactive in problem-solving with strong organizational and time management skills.
• Effective communicator across various organizational levels, both internally and externally.
• Strong independent judgment with confidence in decision-making and defending positions on deal and asset levels.
• Mentor to junior staff contributing positively to team culture and quality control.
• Passionate about real estate development, community engagement, and the built environment, valuing the complexity of development processes beyond transactional aspects.

Additional Information

The Martin Group reserves the right to adjust duties and responsibilities as management deems necessary. The company is committed to equal opportunity employment.

Contact Information

For further details, contact Donna Godbout, Human Resources, at [email protected] or call 281.703.7707.