Associate, Investment Management
Locations: Los Angeles, CA; New York, NY
About the Employer
Standard Communities is a leading owner, investor, and developer of affordable and middle-income housing. As one of the largest owners of affordable housing in the U.S., the company believes housing is a pathway to prosperity, delivering high-quality, sustainable homes that foster community and offer 75,000+ residents the opportunity to build brighter futures. With over $6 billion in assets under management and a portfolio of nearly 30,000 units across 200 properties in 22 states plus Washington, D.C., the team blends nationwide scale with local expertise. As a Certified B Corporation and California Benefit Corporation, Standard Communities values high performance, social responsibility, and innovation. Headquartered in Los Angeles and New York, with offices across the country, the firm is driven by a shared mission: to transform housing, empower residents, and strengthen communities.
Role Summary
The Investment Management Associate plays a key role in supporting transaction execution, portfolio oversight, and investor-facing reporting across Standard Communities' affordable housing portfolio. This role combines transaction-oriented underwriting and execution responsibilities with ongoing portfolio analysis and investor communication, operating with a high degree of independence and judgment. The Associate partners closely with Acquisitions, Asset Management, Accounting, Compliance, and senior leadership to evaluate performance, support capital events, and ensure timely, high-quality reporting to institutional and high-net-worth investors.
What You'll Do
- Play a lead analytical role in transaction execution, including refinancings, recapitalizations, and dispositions
- Coordinate due diligence materials, third-party reports, lender and agency requests, and closing deliverables
- Assist with return analysis, financing assumptions, and structuring considerations across capital events
- Support and lead asset-level and portfolio-level financial analysis, including forecasting, sensitivity analysis, and scenario planning
- Monitor portfolio performance relative to underwriting, business plans, and budgets; identify key drivers of variance, risk, and opportunity
- Partner with Asset Management to evaluate operating performance, NOI trends, capital deployment, and long-term value creation initiatives
- Develop analytical insights to inform portfolio strategy, capital allocation, and investor communications
- Own meaningful portions of quarterly and annual investor reporting, including analytical schedules, variance explanations, and written narrative
- Support preparation of investor presentations, capital calls, distributions, and ad hoc analyses
- Interface directly with investors on data requests, reporting questions, and follow-up analyses
- Help ensure compliance with reporting requirements, partnership agreements, and communication timelines
Required Qualifications
- Bachelor's degree in Finance, Real Estate, Business, or a related field
- Typically 4–6+ years of experience with direct transaction exposure, including acquisitions, refinancings, recapitalizations, and/or dispositions, within real estate private equity, investment management, or a related platform
- Demonstrated experience building and reviewing transaction-level financial models and evaluating returns, risks, and structuring considerations
- Advanced Excel-based financial modeling and analytical skills; experience with portfolio-level analysis strongly preferred
- Strong understanding of real estate fundamentals, operating metrics, and investment structures
- Excellent written and verbal communication skills, with the ability to present complex analyses clearly to internal and external stakeholders
- Strong problem-solving skills and ability to operate independently in a fast-paced, deadline-driven environment
- Demonstrated ability to manage multiple workstreams, prioritize effectively, and take ownership of deliverables
Preferred Qualifications
- Affordable housing experience (LIHTC, workforce, or mixed-income)
Additional Information
At this time, Standard Communities is not able to sponsor a new applicant for employment authorization for this position.
Equal Opportunity Statement
Standard Communities is an equal opportunity employer committed to creating an inclusive environment for all employees.
