Associate - Asset Management & Acquisitions

BLC Communities is the management arm of Byron Lane Capital, a real estate private equity group focused on investing in manufactured housing communities throughout the United States. Presently, BLC Communities operates and manages manufactured housing communities in Texas, Oklahoma, Missouri, Arkansas, Louisiana, Michigan, Wisconsin and Minnesota.

At BLC Communities, we are dedicated to providing safe, quality, and affordable housing that our residents are proud to call home. We are an entrepreneurial private real estate company focused on owning, improving, and operating manufactured housing communities nationwide. BLC Communities places a significant emphasis on fostering impactful relationships and promoting the welfare of its communities, residents, and team members.

BLC Communities is growing rapidly and looking for a dynamic Asset Management & Acquisitions Associate to join its team.

As an experienced Associate in Asset Management and Acquisitions, you will report directly to the President & CEO of the company. Your role will be leading the underwriting models for new acquisitions as well as managing existing real estate assets. Your responsibilities will include advanced financial analysis, the development and coordination of asset management strategies, and assistance in project management initiatives aimed at enhancing asset performance.

You will also be expected to build and maintain relationships with external investment partners while coordinating effectively with various internal departments and stakeholders.

This is a full-time hybrid role located in the Dallas-Fort Worth Metroplex, with flexibility for partial remote work. The Associate - Asset Management & Acquisitions will be responsible for identifying and analyzing new acquisition opportunities, conducting due diligence, preparing financial models, and supporting asset management processes. The role will involve collaboration with internal teams and external stakeholders to achieve operational and financial objectives.

• Conducts financial analysis for initial screening of asset investment opportunities and cash flow modeling to assess potential returns.
• Drafts memos for investment committees and board decks to outline asset strategies, investment prospects, and key performance indicators.
• Ensures compliance and organizational alignment through due diligence on approved transactions.
• Coordinates with specialized third-party advisors and assists in executing both asset and debt financing transactions.
• Contributes to investor reports and monitors financial performance, focusing on asset conditions and market trends.
• Collaborates on strategy formulation and oversees annual property budgets, liaising with internal and external partners for implementation.
• Facilitates communication across teams to enhance investment performance and provides analytical support for strategic decisions.
• Produces board decks to effectively communicate key performance indicators, asset management strategies, and other relevant data for board meetings and executive reviews.

• Relevant experience in real estate-related investment business, preferably in the manufactured housing or apartment industry.
• Strong financial modeling capabilities with close attention to detail.
• Deep transactional and/or asset management experience.
• Effective communication skills, both written and spoken.
• Ability to work in a fast-paced environment with a high level of autonomy.
• Highly collaborative team player with a desire to contribute to a growing organization.
• Eagerness to learn, ideate, and innovate.
• Honesty and integrity.
• Demonstrated ability to work under pressure.

• Three (3) to Seven (7) years of relevant experience in commercial real estate preferably in manufactured housing or multifamily.
• Bachelor's Degree (Finance related) with a record of academic achievement.
• Superior knowledge of software and analysis programs such as Excel, and PowerPoint. Experience with programs such as Canva, Rent Manager and Yardi a plus.