Associate - Asset Management

Make an impact
Bridge Development Fund Manager is seeking an Associate to join one of its regional investment teams. You will support a group of multifamily investments through the full ownership life cycle — delivery and lease-up, stabilization, ongoing asset management, refinancing, joint venture partner buyout or crystallization, and disposition — working alongside the Senior Associate and regional Director who own the portfolio and the partner relationships.
The job has two halves. One is asset management — tracking how the assets are actually performing. The other is sponsor-facing: the capital stack, the joint venture agreements, and the buyout structures behind them. You will build the analysis those conversations rest on, and over time take direct ownership of assets yourself.
This is a seat with room in it. Our regional teams are small, so the work you do is visible and the path to running your own region is short.
Key responsibilitiesAnalysis and models
Maintain the business plan, model, and reforecast for assigned investments, and keep the current view of where each asset stands
Build valuation and waterfall analysis supporting crystallization, buyout, and disposition decisions
Run scenarios and sensitivities at the direction of the Senior Associate or regional Director, and summarize what they show
Prepare hold-sell analysis and re-underwriting as assets move through their capital event cycle
Capital events — refinance, buyout, crystallization
Support evaluation of crystallization and buyout notifications against the joint venture agreement
Compile appraisals and brokers' opinions of value supporting the transaction
Prepare draft investment committee financing memoranda for review
Support lender due diligence, legal review, consents, and closing logistics
Track loan maturities, extension options, rate cap and hedge renewals, and covenant compliance
Lease-up and ongoing ownership
Track property performance and leasing velocity against underwriting, and flag where absorption, pricing, or concessions are off plan
Participate in weekly property manager and partner calls
Review partner development draws and fee calculations, and prepare recommendations for approval
Review monthly financials and budget-to-actual performance, and confirm lender reporting requirements are met
Support annual budgeting and variance analysis for assigned assets
Reporting
Prepare quarterly asset status reports, including market research, actuals, and model roll-forwards
Build valuation and investment committee materials for review by the Senior Associate and regional Director
Provide asset-level inputs supporting fund cash forecasting, capital calls, distributions, and investor reporting
Based in Salt Lake City, with travel to properties and partner offices as needed
What you should bring
Three to five years of commercial real estate experience across investment management, asset management, acquisitions, or development
Multifamily experience. This is the core of the portfolio and other asset types do not substitute for it
Advanced Excel and financial modeling, including comfort working inside large, linked models built by others
Exposure to joint venture structures — operating agreement mechanics, promote and waterfall calculations, and partner reporting
Exposure to commercial real estate financings and the closing process
The judgment to tell the difference between what the underwriting says and what is actually happening at the asset
Accuracy across multiple concurrent workstreams and recurring deadlines, without prompting
Clear written and verbal communication, including materials that will be read by senior leadership
Bachelor's degree in real estate, finance, accounting, economics, or a related field
Preferred
Asset management background; acquisitions experience can substitute
Experience preparing investment committee materials
Recent multifamily experience
Ground-up multifamily development and lease-up exposure
Experience working with multiple third-party property managers
Exposure to closed-end fund structures, capital calls, and distribution waterfalls
Mixed-use or ground-floor retail exposure
Benefits Overview
Bridge Investment Group offers a comprehensive and competitive benefits package designed to support the health, financial security, and well‑being of our employees. Benefits eligibility and availability vary based on position, employment status (full‑time or part‑time), and length of service, and are subject to change in accordance with plan terms. This summary highlights key benefits and does not constitute a guarantee of coverage. Specific benefits and eligibility requirements will be provided at the time of offer.
Benefits may include:
Health & Insurance Benefits
Comprehensive insurance options, including Medical, Dental, and Vision
Optional coverage such as Critical Illness, Accident, Legal & Identity Theft, and Pet Insurance
Company‑paid Life Insurance, with the option to purchase additional coverage
Company‑paid Long‑Term Disability coverage
Access to a benefits concierge service for personalized support
Access to mental health and well‑being resources
Retirement
401(k) Plan with dollar‑for‑dollar company match up to 6% of pay
Contributions are fully vested immediately
Eligible employees are automatically enrolled at a 4% contribution rate
Eligibility requires a minimum age of 21 and at least 60 days of service
Time Away From Work
Paid Time Off (PTO)
11 paid holidays annually
Parental Leave
Following six (6) months of employment, eligible employees may receive:
Four (4) weeks of paid parental leave as a primary caregiver, or
Two (2) weeks of paid parental leave as a secondary caregiver
Following two (2) years of employment, eligible primary caregivers may receive up to twelve (12) weeks of paid parental leave per birth, adoption, or placement
Learning & Development
Tuition Reimbursement of up to $5,000 per year for pre‑approved education expenses
Repayment obligations may apply if employment ends prior to 24 months
We at Bridge acknowledge and appreciate the uniqueness of each individual, understanding that our people are the key to our success. We are committed to fostering an inclusive environment where everyone feels respected and valued. Our dedication extends beyond our business goals to making a positive impact in our communities and upholding Sustainability and Responsibility (S&R) principles at our properties and corporate locations. We evaluate all candidates based on merit, without any discrimination based on race, color, religion, sex, age, disability, sexual orientation, national origin, or any other category protected by law. As an equal opportunity employer, we are devoted to creating an inclusive hiring process. We actively work to eliminate barriers and provide reasonable accommodations to qualified individuals with disabilities. Our goal is to provide fair opportunities and access throughout the recruitment, hiring, and employment experience.
Your specific needs are important to us. If you need accommodations related to a disability or any other protected status during the recruitment process, please email talentsupport@bridgeig.com.