Associate, Asset & Portfolio Management at The Sobrato Organization

Mountain View, California, United States -

Full Time

Start Date

Immediate

Expiry Date

19 May, 26

Salary

160000.0

Posted On

18 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Analysis, Asset Management, Portfolio Management, Real Estate Investing, Commercial Leasing, Acquisition Activities, Valuation Process, Budgeting, Market Research, Financial Modeling, Debt Financing, Investment Memorandums, Negotiation, MS Excel, Argus, Yardi

Industry

Philanthropic Fundraising Services

Description

Title: Associate, Asset & Portfolio Management Business Unit: Real Estate Work Schedule: Hybrid Status: Full-Time FSLA Status: Exempt Work Location: Mountain View, CA Date Submitted: January 2026 JOB SUMMARY The Associate position will help analyze, create and oversee the Real Estate business group’s asset and portfolio management strategies and implementation plans on a portfolio of mixed-use real estate assets. The portfolio consists of approximately 7,500 multifamily units and over 6 million square feet of commercial assets. The portfolio is located along the West Coast with a significant concentration in the SF Bay Area. The Associate will report directly to the Co-Chief Real Estate Officers and interact with all of the business group’s departments, including Development, Commercial Property Management, Leasing/Transactions, Multifamily Asset Management, and Sustainability. This role’s specific responsibilities include, but are not limited to, preparing financial analyses, supporting commercial leasing and acquisition activities, overseeing the annual valuation process, managing the commercial budgeting process, conducting market research and reporting on financial and operational results. This position involves both individual and collaborative team work. RESPONSIBILITIES AND TASKS Job Responsibility 1: Asset Management 40% of Time * In collaboration with the commercial Property Management department, prepare annual business plans for the commercial portfolio * Manage the annual budgeting process for the commercial portfolio by reviewing asset level budgets and preparing a portfolio level summary/analysis * Support and/or co-manage the sourcing, evaluation and closing of debt financing for new acquisitions, refinances and substitutions * Assist with commercial leasing efforts by preparing financial analyses, attending tours with prospective tenants, collaborating with 3rd party brokers and negotiating leases * Prepare dynamic financial analyses in Excel and/or Argus that project cash flows, financial returns and asset values based upon underwritten assumptions and allow for scenario analysis on new commercial investments * Prepare investment memorandums and presentations for new transactions * Develop and maintain relationships with property managers, brokers, lenders and other key partners * Conduct site visits and market tours * Work with legal counsel to draft and negotiate agreements and contracts Job Responsibility 2: Portfolio Management 40% of Time * Develop Real Estate group level financial model that analyzes and projects cash flows, values and returns for the real estate portfolio by asset * Conduct financial analyses that calculate the realized and unrealized returns on real estate investments at a portfolio and sub-portfolio level * Prepare reports and manage reporting systems on the operational and financial performance of the real estate portfolio * Evaluate opportunities to optimize the business group’s debt and equity financing structure * Research and analyze macro and micro market trends on geographies and asset classes to identify attractive market segments * Explore new technology platforms/tools that can be adopted to enhance customer experiences, improve reporting capabilities and/or drive asset value Job Responsibility 3: Cross-Functional Collaboration & Compliance 15% of Time * Monitor public policy changes, regulations and industry trends to ensure compliance and maintain a proactive market position * Communicate and collaborate with internal and external team members regarding the details and status of projects Job Responsibility 4: Other Responsibilities as Assigned 5% of Time * Other responsibilities as assigned QUALIFICATIONS (KNOW HOW) Education / Training * Bachelor’s degree with emphasis in Finance, Real Estate or related field a plus. Experience/Technical Skills * 5+ years experience in real estate investing and/or asset/portfolio management of multifamily and commercial assets. * Strong financial analytic skills, particularly in MS Excel and Argus. Knowledge of Yardi is a plus. * Excellent communication and presentation skills * Proficient with Microsoft Office software products, including Outlook, Excel, Word, Teams and Projects * Ability to work collaboratively in a team environment, but also individually with minimal supervision * Familiarity with major West Coast real estate markets * Ability to travel outside of the SF Bay Area ORGANIZATION Reports to: Co-Chief Real Estate Officers Direct Reports: N/A ALIGNMENT TO OUR MISSION, CULTURE, AND VALUES We hire individuals who share our vision of building a better future through business and philanthropic leadership, impacting the lives of countless fellow residents of our region in a way that could be replicated in other major metropolitan regions around the country and affecting the lives of millions. OUR MISSION AND VALUES The Sobrato Organization’s mission is to build a more equitable and sustainable world through business and philanthropic leadership. We work to inspire current and future generations to steward family resources in service of others around the world. We have established a deep legacy in Silicon Valley that includes a commitment to community, and our values honor and promote this legacy: Mutual Accountability: We earn trust by taking ownership of our work and honoring our commitments to each other, our partners and our communities. Collaboration: We believe in the value of collaboration and partnership in achieving effective solutions. We treat people with respect and value the diverse experiences and perspectives of our partners, colleagues and investees. Engagement: We recognize that lasting impact requires building deep relationships with our stakeholders and getting proximate to our communities and the work. We act with humility, respect and compassion. Excellence: We focus on results, maintain a strong work ethic, and persist through challenges. We innovate, take risks, and embrace creativity and continuous learning. Integrity: We endeavor to deal transparently, honestly and fairly. We strive to do what is right, especially when it is hard. BENEFITS * Medical, dental, and vision benefits for employees and dependents on the first of the month following the hire date * Short and long-term disability and life insurance * Fertility program benefits * Comprehensive mental health benefits for employees and dependents * Retirement savings account with matching contributions of up to 10% * Twenty PTO days in the first year of service in addition to paid year-end closure days between Christmas and New Year’s Day * Eleven paid holidays * Transit commuter benefits * Tuition assistance and professional development initiatives for growth * Technology allowance * Employee matching gifts program * Generous parental leave * Flexible and inclusive work environment * Enjoy a professional yet comfortable work environment with our business casual dress code * Catered lunches, healthy snacks and beverages * Acknowledgement for exceptional work as well as important moments in the lives of those we work with COMPENSATION TRANSPARENCY At TSO, base pay is part of a broader compensation package and is set within a range, allowing for growth as you advance in your role. The pay range for this role is between 145,000 and 160,000. Salary offers are determined based on various factors, including experience, education, licensure and/or certifications, internal equity, and specific business and organizational needs. TSO is fully committed to complying with California's pay transparency laws to ensure fair and equitable compensation practices. ABOUT US Founded by John A. Sobrato in 1979 and led by CEO Tony Mestres, The Sobrato Organization remains a family-owned firm known for integrity and dedication, with no outside investors or joint venture partners. Since 1953, the Sobrato Family has played a pivotal role in shaping Silicon Valley through its real estate development. Its office, and R&D projects comprise 7.5 million square feet, most of which are Class A, mid-rise office buildings. TSO also owns 30 apartment communities totaling 6,700 units along the West Coast. Through Sobrato Philanthropies, the firm has donated more than $379 million in cash and real estate to the Silicon Valley community. We have established a deep legacy in Silicon Valley that includes a commitment to community and our values honor and promote this legacy. The Sobrato Organization is committed to its mission of building strong and vibrant communities where we live and do business. To achieve this, we embrace becoming a more diverse, inclusive, and equitable organization that empowers our people. Our team remains at the core of what we do. We strive to consistently lead from a space of learning and strengthening our capacity for change. We understand our responsibility to cultivate a culture of belonging, appreciation, and respect. We believe that TSO must be a place where staff feel at ease in expressing themselves honestly and openly. Advancing these important initiatives is mission-critical to our ability to maximize our impact in the world. The Sobrato Organization is an equal-opportunity employer dedicated to building a team that represents a diversity of backgrounds, cultures, experiences, perspectives, and skills and to creating an environment and inclusion and belonging for all employees regardless of race, skin color, ethnicity, religion, gender, sexual orientation, national origin, disability, age, marital status, military status, pregnancy, or parenthood. The Sobrato Organization is expanding, and we are passionate about growing our staff with people who have diverse voices with different lived experiences. The Sobrato Organization participates in the E-Verify program as required by law. Learn more about the E-Verify program(Opens in a new window) [https://www.apple.com/careers/pdf/EverifyPosterEnglish.pdf].

Responsibilities

The Associate will analyze, create, and oversee asset and portfolio management strategies for a real estate portfolio comprising multifamily and commercial assets located primarily on the West Coast. Key tasks include preparing financial analyses, supporting leasing and acquisition efforts, overseeing valuations, managing commercial budgeting, and conducting market research.