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.