Job Description

About us

Bellaire Multifamily Management LLC is a small business in Dallas-Fort Worth, TX. We are professional, data-driven, rewarding and our goal is to Acquire, Own & Operate Multifamily Real Estate in various markets. .

Our work environment includes:

• Modern office setting
• Work-from-home days

Our strategy is to acquire a portfolio of residential real estate, with a primary focus on value-add apartment properties with potential for stable cash flows. We endeavor to increase rents, improve tenant retention, increase property values and lead to increased returns. We also may acquire well-located residential properties that we believe present significant opportunities for capital appreciation, such as those requiring repositioning, renovation or redevelopment, and properties available at opportunistic prices from distressed or time constrained sellers.

We are vertically integrated and provide expert property management services for our portfolio and for select third party clients with properties located in our markets.

Bellaire Multifamily is a full-service multifamily management company specializing in B and C class apartment communities across all major Texas markets.

We approach every community we manage by strategically customizing the right solutions to best meet the needs of that specific community. Through extensive knowledge and application in the value-add sector, we enhance the resident experience by concentrating on what matters most and what will create the greatest returns on the investment. Hand in hand with our clients, we successfully accomplish targeted returns through best business practice, property improvements, and acute expense management.

​We believe in making an impact, which starts within. Happy associates = happy residents = happy clients.

• Assist in the proactive acquisition of real estate assets in the multifamily asset class.
• Model cash flows and valuations of prospective purchases and assist in creating operating budgets for portfolio assets
• Create PowerPoint presentations with data to assist in presenting reports and acquisition opportunities to our partners
• Review and analyze business plans, loan documents, lease approvals, construction draws, leasing activity and monthly property operating performance
• Underwrite and value real estate by building property level financial models and performing DCF and/or direct capitalization analysis.
• Assist is preparation of Investment Committee memos and participate in deal presentations to senior management
• Perform property level Due Diligence and market studies
• Stay current on financial markets and competitive trends and use this expertise in the due diligence and evaluation process

Position Requirements:

• BA or BS required in Finance, Real Estate, Accounting or Economics, or an area with real estate related coursework
• Minimum of 5 years of experience in the financial analysis of commercial real estate investments and/or appraisal services
• Excellent Excel skills preferred
• Self-motivated, team oriented and strong time management skills to prioritize deadlines
• Excellent organizational, interpersonal, oral and written communication skills is essential
• Must have good grasp of understanding the inputs and outputs of a property-level cash flow

Job Type: Full-time

Pay: $75,000.00 - $90,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Health insurance
• Paid time off

Physical setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental pay types:

• Bonus pay

Ability to commute/relocate:

• Dallas-Fort Worth, TX: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Real Estate: 3 years (Required)

Work Location: In person

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