Company Overview:

Our client, a private real estate investment firm, is seeking a highly motivated and qualified candidate to join its real estate team with a focus on asset management. The firm has a successful and long-standing track record, specializing in core-plus real estate investments strategically located in attractive markets across the United States. Since its inception in 1996, their global real estate investments have totaled US $25 billion across approximately 1,300 properties in the US, Europe, India and GCC. The firm’s real estate assets under management stands at $10.5 billion as of June 30, 2023.

 

Position Overview:

The successful hire will be based out of the New York office and interface with internal asset managers, operating partners, management companies, banks, lenders, and the internal accounting team; executing both real estate analysis and reporting. Analysts are expected to assume integral roles on deal teams and are intimately involved with the leasing and dispositions of investments and regularly attend client calls, internal meetings, and site visits. This role may also be expected to provide acquisition support to senior team members for potential new equity and debt investments. This will entail underwriting/modeling, analysis, due diligence, financing, and other items for potential new real estate investments.

 

Main responsibilities include:

 

Asset Management:

· Model projected performance of assets/portfolios (heavy use of Microsoft Excel and Argus Software).

· Evaluate new lease proposals in coordination with asset managers.

· Assist with annual budgeting process in coordination with operating partners/management companies.

· Prepare disposition models and draft memos for individual assets and full portfolio liquidation strategies.

· Participate in weekly leasing calls with property managers and operating partners.

· Perform market analyses for target markets and asset types.

· Coordinate onboarding process of new operating partners and assets.

· Regularly attend client calls, internal meetings, and site visits.

· Review lender reporting packages and covenant calculations.

· Coordinate funding requests with lenders and operators.

· Assist in the preparation of year-end asset review reports and forward-looking business plans.

· Other duties may be assigned.

 

Acquisitions:

· Interact with local operating partners, brokers and third-party vendors while conducting due diligence.

· Prepare internal investment committee reports and participate in investment presentations.

· Conduct financial, property, market and industry research and analysis related to new property or debt investments.

 

 

Reporting /Oversight:

· Review monthly financial reports with operating partners and property management companies.

· Prepare internal performance reports.

· Maintain models to track portfolio performance and project cash availability.

· Maintain Argus models, regularly update leasing & MCA’s.

· Assist in the preparation of quarterly semi-annual investor reporting and asset valuations.

· Other duties may be assigned.

 

Required Skills:

· Bachelor’s degree required in finance, accounting, economics; emphasis in real estate preferred.

· Candidates must have a minimum of 1 year of related real estate experience.

· Strong interpersonal/communication skills; ability to develop and ask questions.

· Well-developed written and oral communication skills.

· A strong sense of drive and ambition with potential to grow into roles of greater responsibility.

· Ability to work well with internal and external partners and clients.

· Proficiency with Excel and Argus.