Job Description

Company Description

AIR Communities is a Blackstone portfolio company and one of the country’s leading real estate investment firms, focused on creating value through high-quality apartment communities, exceptional resident experiences, and disciplined investment and asset management. AIR is part of a scaled residential platform focused on meeting the need for high-quality, professionally managed rental housing. We create value by investing in our communities, elevating the resident experience, strengthening operations, and applying disciplined investment and asset management practices.

Today, AIR brings together the strengths of a scaled operating platform, deep multifamily expertise, and a performance-oriented investment mindset. Our purpose is simple: create exceptional living experiences for residents, provide a supportive environment where teammates can do meaningful work, and generate durable value for investors. We do that by combining centralized capabilities, data-driven decision making, strong local execution, and a culture rooted in integrity, respect, collaboration, customer focus, and performance.

Job Description

With a strong commitment to delivering exceptional investment returns, we are dedicated to optimizing the performance of our multifamily portfolio. This role plays a pivotal part in achieving this mission, collaborating closely with asset management and key internal stakeholders to ensure assets are properly executing ideal capital-market outcomes.

This Sr. Associate role will be instrumental in leading disposition activity throughout the portfolio. The individual will need to have a deep understanding of the multifamily investment life cycle, combining expertise in both operational strategies and capital-market activity. The successful candidate will have a comprehensive understanding of market conditions and trends, operational value-add possibilities, valuations, and best practices for executing a successful disposition.

What you will do

• Oversee and coordinate the full scope of asset dispositions, including asset analysis, returns evaluation, broker selection, buyer discussions, Purchase and Sale Agreement negotiations, due diligence, and closing
• Review & opine on ongoing optimal asset strategies tied to maximizing investment returns
• Coordinate hold/sell analyses and formulate strategies accordingly
• Lead periodic portfolio valuations and scenario analyses updates
• Maintain and develop relationships with outside parties such as attorneys & brokers to leverage their expertise to execute on optimal disposition objectives.
• Partner with several internal teams, namely Asset Management, Financial Ops, & Debt Capital Markets, in positioning assets for optimal capital-market activity and including flagging specific assets or markets based on actionable trends
• Review and analyze portfolio performance to ensure that asset business plans are on track, and be prepared to collaborate to diligently pivot plans as needed

Qualifications

What you should have:

• Minimum of 5 years multifamily asset management, portfolio management, and/or investment experience, ideally gained in a private equity context covering multiple markets
• Direct experience in deal execution including leading multiple simultaneous Purchase Agreement negotiations and closing, specifically with dispositions
• Ability to read and comprehend legal documents including purchase and sale agreements, loan agreements, & title reports
• Ability to effectively and confidently speak to detailed multifamily operational strategy as well as ideal investment positioning
• Strong attention to detail, comprehension, negotiation, and analytical skills
• Manage multiple projects while meeting tight deadlines and achieving high levels of accuracy
• Ability to build strong relationships across the organization, and quickly build credibility and gain the trust and confidence of colleagues
• Bachelor’s degree in Finance, Business or a related field
• Travel required

Additional Information

AIR offers attractive total compensation packages designed to recognize and reward performance at the individual, team and company levels. We start with a competitive base salary and add bonus opportunities and benefit choices topped off with:

• Expected base salary of $165,000- $178,500 + Annual Bonus. You will be provided a pay rate that is in line with your skills and experience as they relate to the requirements of the job.
• 25% Rent Discount available
• Medical, dental, vision, and life insurance options available. HSA with company sponsored contributions, FSA (traditional and dependent care FSA).
• Short and long-term disability paid by the company.
• 401(K) plus 6% company contributions.
• Paid Vacation, 14 Paid Holidays, and Paid Sick Time.
• Tuition Assistance Program.
• Commuter Benefits and Pet-Insurance.
• Up to 100% Reimbursement on Professional Certification/Licensing for Job Related Curriculums.
• Paid parental leave of up to 16 weeks, following the birth or adoption of a child.
• Consumer discounts from various products and services including travel planning, wireless phones, health and fitness, home appliances, and more.
• 15 hours of paid time annually to give-back to your community.
• Opportunities for professional development and career growth including realistic job previews, in person and virtual leadership training, and performance improvement courses.

What You Need to Know

Application Deadline: The initial deadline for applications is 10/31/2026. Applications submitted after this date may still be considered on a rolling basis until the position/program is filled. We encourage all interested candidates to apply as early as possible. If a final decision has not been made by the initial deadline, subsequent applications will be reviewed as they are received.

Candidates extended an offer will be required to undergo pre-employment screening that includes checking references, a four-panel drug screening that excludes marijuana testing, employment verification & criminal background check.

AIR values diversity and provides equal employment opportunities to all employees and applicants for employment. AIR prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.