Interested and qualified candidates, please submit your resume to:

Sierra Olney, Senior Director Sierra@kelleraugusta.com

Kate Mecke, Director – kmecke@kelleraugusta.com

Category:Acquisitions/Originations 

Associate, Investment/Acquisitions

New York, NY

JOB DESCRIPTION

Our client’s Investment/Acquisitions Team is seeking to hire an Associate (NYC Office, remote initially).

In this role, the potential candidate will analyze and execute attractive risk-adjusted return real estate credit and equity opportunities as well as perform asset management responsibilities with members of the team. The time allocation is expected to be ~75%/~25% between Investment/Acquisitions and Asset Management.  The potential candidate will need to possess relevant experience and an interest in working on complex assets/transactions across property types and the capital structure.  The potential candidate should be able to maintain strong attention to detail, handle changing workload priorities and show excellent communication and organizational skills.

Key Responsibilities

  • Screening potential real estate investment opportunities across the capital stack
  • Underwriting / preparing detailed financial models on potential asset, portfolio and corporate level transactions
  • Drafting Screening and Investment Committee Memorandums detailing deal merits, financial metrics, risks and mitigants and market data
  • Performing asset management/portfolio monitoring tasks, including putting together internal updates (memorandums, model updates, etc.), executing business plans, including working directly with Sponsors, and other third parties
  • Conducting in-depth market research, preparing sale/lease comparables analyses
  • Interfacing with brokers, legal counsel, market participants and third-party vendors

COMPANY OVERVIEW

Our client is an entrepreneurial investment management platform with a significant growth runway, providing the potential candidate with the opportunity to work in a flat organization with exposure to Senior Management.  Senior Management has originated over $150 billion of commercial real estate debt and invested approximately $10 billion of equity in commercial real estate assets over the past 35 years.  Our client is highly data-driven and relies heavily upon the Investment/Acquisitions team to both find useful datasets and critically analyze them to diligence potential and existing investments.

The firm invests on behalf of several institutional investors and has a flexible mandate in terms of target geographies (across Gateway Markets in the United States), asset classes (multifamily, condo, office, hotel, industrial and retail), and investment types across the capital structure (equity, preferred equity, mezzanine debt and stretch senior investments).

QUALIFICATIONS

  • Strong Communication Skills
  • 3-5 years of experience in:
    • Real estate private equity investing (acquisitions);
    • Commercial real estate brokerage; and/or
    • Investment banking with complex financial modeling experience
  • Strong understanding of finance / real estate finance concepts
  • Proficient in Microsoft Excel, Word and Powerpoint