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How much do contractual multifamily asset management jobs pay per year?

As of Aug 10, 2026, the average yearly pay for contractual multifamily asset management in the United States is $94,129.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,500.00 and $109,000.00 per year, depending on experience, location, and employer.

What does a contractual multifamily asset management do?

A contractual multifamily asset management professional oversees the financial performance, operations, and maintenance of multifamily residential properties on a contractual basis. They analyze market trends, develop strategies to maximize property value, and coordinate with property managers, often using tools like property management software to ensure operational efficiency.
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Contractual Multifamily Asset Management jobs near you
Infographic showing various Contractual Multifamily Asset Management job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $94,129 per year, or $45.3 per hour.

Multifamily Asset Management Associate

Starwood Capital Group

New York, NY • On-site

$18 - $24/hr

Full-time

Re-posted 18 days ago

Job description

Description
The Associate will support the Multifamily Asset Management Group and will focus primarily on monitoring and reporting asset level performance, identifying potential issues, developing portfolio level analysis, supporting disposition activity, and assisting with asset business plan development and implementation for Starwood's U.S. multifamily portfolio.
Specific responsibilities include:
  • Direct asset management oversight over a portion of the portfolio
  • Performing property and portfolio valuations and return analyses;
  • Assisting with the preparation of property business plans, operating and capital budgets, and leasing strategy;
  • Conducting market assessments and making recommendations based on results;
  • Working on special projects including hold-sell analysis, evaluation of refinancing activities, and sector initiatives;
  • Monitoring business plan performance and reacting to correct any variances;
  • Reviewing development plans and development draws.
  • Interacting with joint venture partners and third-party service providers.
  • Some travel required.

Qualifications:
  • 3 - 6 years relevant experience preferred, including: real estate acquisitions, asset management, construction management/budgeting, operations, or finance. Multifamily / Affordable Housing experience a plus.
  • Strong communication skills (both written and oral)
  • Development and/or real estate cash flow modeling experience
  • Strong quantitative and technical/computer skills (including proficiency in Microsoft Excel)
  • Experienced with the use of LLMs to aid in analysis, research, and presentation of data (e.g. ChatGPT, Claude)
  • A true self-starter capable of accomplishing complicated tasks with limited supervision
  • Bachelor's degree in real estate, finance, business or related area

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