Analyst, Asset Management

Are you an analytical thinker? Do you enjoy creating scalable, repeatable analytical solutions? If so, we have an opportunity to join our growing real estate development company.

The Role

Sparrow Partners is looking for an Sr. Analyst, Asset Management to help us optimize the financial performance of our apartment communities for Sparrow and its equity investors. In this role, you’ll gather and analyze data, and present findings to various senior leaders, including investors and company leaders. You’ll be providing analytical intelligence to inform decisions regarding market pricing, community member (resident) retention efforts, budgets, and proposed capital expenditures. Though you’ll specialize in the asset management function, you’ll work in a group of analysts who are similarly supporting our development and business intelligence functions. This arrangement is intended to foster collaboration and cross-training; you’ll observe or take part in data science, dashboard report-making, process automation, and ground-up real estate development analytics.

What You’ll Do…

• Work with the head of asset management to optimize the value of Sparrow’s portfolio of Active Adult and build-to-rent properties
• Benchmark our operating metrics to comparable properties as part of an effort to set appropriate operating budgets
• Analyze leasing performance and operating expenses to track with the budget and/or business plan, as well as drive financial results
• Make recommendations for our apartment pricing by analyzing the asking rates at competing and alternative housing options
• Maintain the integrity of automated reporting sent to our partners, both internal and external
• Seek to answer with data analysis questions and curiosities posed by various co-workers (we have a culture of curiosity), then present those findings. For example, What amenity space are we providing to our community members that is underutilized?
• Optimize amenity pricing
• Perform cost-benefit/ROI analyses for proposed capital expenditures
• Collaborate with community management partners to ensure adherence to operational standards and implement strategies to maximize asset performance
• Participate in calls with our investment partners
• Aid in the refinancing and disposition of assets

Qualifications

• Understanding of the basic tenants of finance, economics, and statistics. BA/BS in Business, Finance, Real Estate, Economics preferred
• Minimum 2 years’ experience in data analysis, preferably in the multifamily industry
• Excel ninja, including ability to build models for easy updating and scaling
• Understanding of how to build models, reports (i.e. Power BI, Tableau), and other analytical tools that create standardized and efficient updating
• Practical knowledge on how to work with data—i.e. queries, normalization, rules for good data structure, making it machine-readable
• Ability to communicate complex issues effectively and professionally, both verbally and in writing
• Aptitude to use critical thinking to solve complex problems
• Ability to learn and adapt quickly
• Doesn’t shy away from interacting with humans through face-to-face communication
• Naturally curious and always striving to improve
• Self-aware and coachable

Some of the Reasons You’ll Love Working With Us

• Purpose-driven culture
• High employee engagement scores + Best Place to Work award recipient
• Health, dental and vision benefits
• 401K retirement plan with healthy employer match
• Unlimited vacation
• Milestone anniversary rewards including travel, spa retreats, home down payments, student loan payoffs, sabbaticals and more
• Paid parental leave
• Bonus opportunities
• Flexible work environment

About Sparrow

Founded in 2017, Sparrow is at the forefront of one of the fastest growing housing segments in the nation focused on Active Adult 55+ communities and build-to-rent communities with institutional equity partners. Sparrow plans to begin developing conventional multifamily apartments in the near future.

Sparrow’s mission is to create thriving communities that feel like home. Through thoughtful design, state of the art construction and highly engaged management, we help our community members build meaningful connections and lead vibrant lives. Sparrow was founded in Austin with offices now in Dallas, Phoenix and Sarasota, and communities across the southern US.

Equal Employment Opportunity Statement

We believe that the unique contributions and perspectives of our employees are the driver of our success. We are deeply committed to creating an inclusive environment where every individual feels supported and differences are celebrated. Sparrow is proud to be an equal opportunity employer and is committed to giving every candidate equal consideration regardless of age, race, ancestry, religion, sex, gender identity, sexual orientation, pregnancy, marital status, ancestry, physical or mental disability, military or veteran status, national origin, or any other characteristic.

If you’ve gotten to this point, we hope you're feeling excited about the possibility of joining our team! Even if you don't feel that you meet every single requirement, we still encourage you to apply. We're eager to meet people that believe in our mission and can contribute to our team in a variety of ways – not just candidates who check all the boxes.

#LIDNI