Bluestone Properties

Business Analyst

• Prepare monthly and quarterly variance-to-budget analyses, decomposing variances into operational drivers (occupancy, lease trade-outs, renewals, controllable expenses), market conditions (rent trends, concessions, supply), and comparable property performance
• Maintain and enhance market comp sets; track submarket rent, occupancy, and concession data to contextualize asset performance
• Partner with Property Management to identify performance gaps, validate budget assumptions, and track corrective action plans
• Build and maintain Excel models and reporting tools for budget-vs-actual tracking, trend analysis, and portfolio rollups
• Extract and analyze property management system data (Yardi or similar) to support recurring reporting and ad hoc analysis
• Analyze underwriting budgets and operating assumptions for multifamily assets at acquisition and throughout the hold period
• Support investment reporting materials, including memos, return analysis, and scenario modeling
• Assist in due diligence processes, including review of third-party reports and financial data
• Support the annual budgeting process: build, model, and stress-test property-level operating budgets in partnership with Asset Management and Property Management
• Support investor reporting with asset-level performance narratives and supporting schedules
• Assist Asset Management with hold/sell analyses, refinancing support, and business plan updates as needed
• Leverage AI tools (e.g., Claude, ChatGPT, Excel integrations) to streamline analysis, underwriting, reporting, and workflows
• Help develop and refine internal processes to improve efficiency and scalability
• Identify opportunities to automate recurring analyses and enhance data quality

Asset Management Analyst – Multifamily Real Estate